Company: BCS
Filing Date: 2025-02-13
Form Type: 20-F
Source: 0000312069-25-000114
Chunk: 91

Company: BARCLAYS PLC
Filing Date: 2025-02-13
Form: 20-F
Chunk 91
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 and sustainability report Governance Risk review Financial review Financial statements Barclays PLC 2024 Annual Report on Form 20-F 40 Implementing our Climate Strategy (continued) TCFD Strategy Recommendation B | Strategic Pillar 1

Overview of financed emissions targets and progress Sector Setting our targets Monitoring our progress in 2024 Sector Sector boundaries Emissions scope GHG included Reference scenario Target metric Unit of measurement Baseline year Target versus baseline Cumulative change Absolute emissions (MtCO2e) Physical intensity Upstream Energy Upstream Energy (producers of coal, oil, gas and NGLs) 1,2 & 3 Carbon dioxide and methane IEA SDS Absolute emissions MtCO2e (absolute) 2020 -15% by end of 2025 -45% 41.1 59.1 gCO2e/MJ IEA NZE2050 -40% by end of 2030 Power Power generators 1 Carbon dioxide IEA SDS Physical intensity kgCO2e/MWh 2020 -30% by end of 2025 -30% 14.0 219 IEA NZE2050 -50% to -69% by end of 2030 Cement Cement manufacturers 1 & 2 All GHGs IEA NZE2050 Physical intensity tCO2e/t 2021 -20% to -26% by end of 2030 -9% 0.8 0.576 Steel Steel manufacturers 1 & 2 All GHGs IEA NZE2050 Physical intensity tCO2e/t 2021 -20% to -40% by end of 2030 -23% 0.9 1.492 Automotive Manufacturing Light Duty Vehicles manufacturers 1,2 & 3 All GHGs for Scope 1 and 2; carbon dioxide for Scope 3 IEA NZE2050 Physical intensity gCO2e/km1 2022 -40% to -64% by end of 2030 1% 3.8 176.3 Aviation Commercial Aviation (Air Travel) &#8211; Passenger (including belly cargo) and Dedicated cargo 1 & 3 Carbon dioxide for Scope 1; All GHGs for Scope 3 MPP Prudent Physical intensity gCO2e/RTK 2023 -11% to -16% by end of 2030 0% 4.9 879 UK Commercial Real Estate UK Corporate Bank 1 & 2 Carbon dioxide, methane and nit