Barclays Q1 2021 Fixed Income Investor Presentation
STRATEGY, TARGETS
& GUIDANCE
CAPITAL
PERFORMANCE
ASSET QUALITY
& LEVERAGE
MREL, FUNDING
& LIQUIDITY
DIVISIONS
CREDIT RATINGS
ESG
APPENDIX
& LEGAL ENTITIES
Ambition to be a net zero bank by 2050
•
Already at net zero emissions from our own operations (Scope 1 and 2)
•
Announced in March 2020 our commitment to align all our financing to the goals and timelines of the Paris Agreement
Emissions for the clients we finance (Scope 3) will cover capital markets as well as lending activity
Started with the Energy and Power sectors, and extending BlueTrack TM to cover Cement and Metals sectors
By 2025, target Power portfolio emissions intensity reduction of 30%; Energy portfolio absolute emissions reduction of 15%
Founding member of the Net Zero Banking Alliance, an initiative under the Glasgow Financial Alliance for Net Zero
BlueTrack Created methodology that builds on and extends
Created by Barclays existing industry approaches
BlueTrack TM used to measure our financed emissions, and track them at a
portfolio level against the goals of the Paris Agreement
Embedding climate impact in our financing decisions, so that we can make
active choices to re-shape our portfolio
Transparency and collaboration are key to achieving a common approach
across the industry
1. Select
sector
benchmark
3. Link
emissions
BEST
2. Measure
client
emissions
to financing
4. Aggregate
to portfolio
level
Specific goals to help accelerate the transition to a
low-carbon economy¹
£100bn Green financing by 2030
£32bn
2018-2020
Target
£175m Sustainable Impact Capital Initiative over five years
£24m
2020
Target
5. Compare financed emissions to benchmark
We believe our net zero ambition and Paris alignment commitment represent the best way for Barclays to help accelerate the transition to a
low-carbon economy by using the breadth and depth of our capital markets franchise to support financing needed to build a greener future
1 £100bn green financing 2018 - 2030; £175m Sustainable Impact Capital Initiative 2020-2025. See home.barclays/esg for further information |
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