Company: BCS
Filing Date: 2025-02-13
Form Type: 20-F
Source: 0000312069-25-000114
Chunk: 81

Company: BARCLAYS PLC
Filing Date: 2025-02-13
Form: 20-F
Chunk 81
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 the BlueTrack&#8482; methodology to assess financed emissions for material sectors and set 2030 targets integrating 1.5&deg;C scenarios. This data is being reported as at December 2024. Note: 1 PCAF Standard - PCAF (2022). The Global GHG Accounting and Reporting Standard Part A: Financed Emissions. Second Edition. Estimating the full in-scope balance sheet financed emissions Scope of activities included and basis of preparation We have estimated the financed emissions for c.&pound;793bn of Barclays' activity as at December 2023 (of which c. &pound;441bn are on-balance-sheet exposures) as set out in the following table. Identification of in-scope exposure to calculate financed emissions (as at December 2023) Category Value (as at Dec 2023) in &pound;m Comments Total Barclays balance sheet 1,477,487 Exclusions: Cash and bank balances, Cash collateral and settlement balances, Derivative financial instruments, Goodwill and intangible assets, Current tax assets, Deferred tax assets, Other assets, Trading portfolio assets, Reverse Repos, and Retail lending (personal lending, retail cards) (-)1,029,687 Exposures which have been excluded by the PCAF Standard Property, plant and equipment (-)3,417 Emissions covered under Barclays Scope 1 and Scope 2 Retirement benefit assets (-)3,667 Emissions on Barclays Bank UK Retirement Fund reported separately as part of Task Force on Climate-related Financial Disclosures Report 2023 Total Barclays exposure in scope for computing financed emissions 440,716 Inclusions Total Undrawn commitments and contingent liabilities (+)250,227 We have gone beyond the scope of PCAF&#8217;s definition of asset classes to additionally cover undrawn commitments and contingent liabilities. We have excluded exposures for which PCAF is yet to establish a methodology (personal lending, retail cards and Trading balances) from our total undrawn commitments and contingent liabilities. Capital markets financing (33% of Barclays share) (+)102,238 Equity holdings, Bond issuances, Equity issuances, Syndicated loans Total Barclays activities considered for financed emissions calculations 793,181 Strategy Shareholder information Climate and sustainability report Governance Risk review Financial review Financial statements Barclays PLC 2024 Annual Report on Form 20-F 35 Implementing our Climate Strategy (continued) TCFD Strategy Recommendation B | Strategic Pillar 1

Our approach for estimating financed emissions is based on a methodology which has been developed