Company: BCS
Filing Date: 2025-02-13
Form Type: 20-F
Source: 0000312069-25-000114
Chunk: 83

Company: BARCLAYS PLC
Filing Date: 2025-02-13
Form: 20-F
Chunk 83
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 (which includes Upstream Energy, Automotive manufacturing LDVs, Aviation and UK Agriculture - Livestock and Dairy Farming). This is due to challenges in sourcing reliable and consistent data, not just on reported Scope 3 emissions but also the fall-back emission factors for downstream emission estimations. As we refine our approach and data sourcing strategy, we will assess the suitability of including Scope 3 emissions in our financed emissions disclosures. We have included emissions on a CO2e basis. For activities where we have set targets, we have included emissions relating to GHGs which are relevant and material for the relevant sector. One of the approaches that we can use to assess the extent to which our financing is aligned to a well-below 2 oC pathway is by calculating the extent to which our financed emissions reduction targets cover our full in-scope balance sheet. Our 2030 financed emissions targets (and our UK Housing convergence point) covering Scope 1 and 2 emissions integrate 1.5&deg;C-aligned scenarios and cover 43% of our full in-scope balance sheet financed emissions. We have also set 2030 financed emissions targets integrating a 1.5&deg;C aligned scenario covering Scope 3 emissions for Upstream Energy, Automotive manufacturing LDVs, Aviation and UK Agriculture &#8211; Livestock and Dairy Farming. Our coverage of emissions where we have set targets integrating a 1.5&deg;C aligned scenarios decreased from 55% reported last year. This reduction was primarily driven by the decline in emissions from power generation following reductions in our total financing volumes within this portfolio as well as impacts from changes in company book value. Strategy Shareholder information Climate and sustainability report Governance Risk review Financial review Financial statements Barclays PLC 2024 Annual Report on Form 20-F 36 Implementing our Climate Strategy (continued) TCFD Strategy Recommendation B | Strategic Pillar 1

Financed emissions for activities with targets (as at December 2023) Activities Scope 1,2 emissions (MtCO2e) Scope 3 emissions (MtCO2e) On-balance-sheet lending Undrawn commitments and contingent liabilities Capital markets financing Data Quality score1 On-balance-sheet lending Undrawn commitments and contingent liabilities Capital markets financing Data Quality score Mining and Quarrying Upstream Energy 0.7 3.7 0.3 3.1 5.1 29.3 2.8 3.1 Energy and water Power Generation 1.0 11.