Company: BCS
Filing Date: 2025-02-13
Form Type: 20-F
Source: 0000312069-25-000114
Chunk: 144

Company: BARCLAYS PLC
Filing Date: 2025-02-13
Form: 20-F
Chunk 144
---
6; Considered updates on regulatory developments impacting the Group. Consumer Duty &#8226; Received updates on the Group&#8217;s implementation of the FCA&#8217;s Consumer Duty for closed products and preparation of the first Consumer Duty Annual Board Reports by BBPLC and BBUKPLC ahead of the 31 July 2024 regulatory deadline. This included updates on embedment and observations from the Chair of BBUKPLC and the BBPLC Consumer Duty Champion on the Consumer Duty programmes within their respective entities. Culture, colleague and inclusion &#9; Topic Board activity Culture, colleague engagement and talent &#8226; Received regular updates on the Group-wide cultural change programme to deliver to a consistently excellent standard and considered progress on embedment through management reporting and Your View colleague survey results. &#8226; Considered Barclays&#8217; method of workforce engagement to confirm it remained effective in facilitating meaningful, regular two-way dialogue with colleagues. &#8226; Considered Barclays' workforce policies and practices, including how they support the attraction, development and retention of diverse and inclusive talent. &#8226; Board members participated in colleague events during the year. Key decisions &uuml; Confirmed that Barclays&#8217; method of workforce engagement has been effective in 2024. &uuml; Confirmed that Barclays&#8217; workforce policies and practices are consistent with Barclays&#8217; Values and support Barclays&#8217; long-term sustainable success. Diversity, equity and inclusion (DEI) &#8226; Received an update on DEI activities during 2024, including progress against the Group&#8217;s DEI ambitions for senior women and colleagues from underrepresented races and ethnicities. &#8226; Considered the gender and ethnic diversity targets in the Board Diversity and Inclusion Policy to determine if they remained appropriate. Key decisions &uuml; Reaffirmed the targets set out in the Board Diversity and Inclusion Policy. Strategy Shareholder information Climate and sustainability report Risk review Financial review Financial statements Barclays PLC 2024 Annual Report on Form 20-F 74Governance Directors&#8217; report: Key Board activities (continued) Please refer to the report of the Board Nominations Committee from page 75 for further information on Board composition, succession planning and effectiveness reviews. Details of the Board Diversity and Inclusion Policy can be found in the Board Nominations Committee report from page 75.

Focused on effective composition and succession to support delivery of the Group's strategy Overseeing composition