Company: BCS
Filing Date: 2025-02-13
Form Type: 20-F
Source: 0000312069-25-000114
Chunk: 53

Company: BARCLAYS PLC
Filing Date: 2025-02-13
Form: 20-F
Chunk 53
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 targets and progress The table below sets out progress against our strategy and selected targets Strategic pillar Previously Announced Target Progress 1 Achieving net zero operations By end 2025 2024 performance Energy &#8226; 100% renewable electricity sourcing for our global real estate portfolio by end of 2025 100% sourced Reduction of GHG emissions &#8226; 90% absolute reduction in Scope 1 and 2 GHG emissions (market-based, against a 2018 baseline) -95% reduction 2 Reducing our financed emissions Portfolio reduction targets/ convergence point By the end of 2030 Cumulative change Upstream Energy1 &#8226; 40% reduction in absolute CO2e emissions against a 2020 baseline of 74.1 MtCO2e (Scopes 1, 2 & 3) -45% Power1 &#8226; 50-69% reduction in CO2e emissions intensity against a 2020 baseline of 311 kgCO2e/MWh (Scope 1) -30% Cement1 &#8226; 20-26% reduction in CO2e emission intensity against a 2021 baseline of 0.631 tCO2e/t (Scopes 1 & 2) -9% Steel &#8226; 20-40% reduction in CO2e emissions intensity against a 2021 baseline of 1.945 tCO2e/t (Scopes 1 & 2) -23% Automotive Manufacturing &#8226; 40-64 % reduction in CO2e emissions intensity against a 2022 baseline of 174.8 gCO2e/km (Scopes 1, 2 & 3) 1% Aviation &#8226; 11-16 % reduction in CO2e emissions intensity against a 2023 baseline of 882 gCO2e/RTK (Scopes 1 & 3) 0% UK Commercial Real Estate &#8226; 51% reduction in CO2e emissions intensity against a 2023 baseline of 30.0 kgCO2e/m2 (Scopes 1 & 2) -2% UK Agriculture1 &#8226; 21% reduction in absolute CO2e emissions against a 2023 baseline of 0.53 MtCO2e (Scopes 1, 2 & 3) -11% UK Housing &#8226; Convergence point: 40% reduction in CO