Strategic Shareholder Climate and Risk Financial Financial Barclays PLC 191 report information sustainability report Governance review review statements Annual Report 2022 Directors’ report: Other statutory and regulatory information (continued) Ashley who will step down at the end of the Political donations Progress to date AGM and who will not stand for re-election. The Group did not give any money for We achieved our 90% GHG market-based political purposes in the UK or outside the emissions reduction target for Scope 1 and Directors’ indemnities UK, nor did it make any political donations Scope 2, having reduced our Scope 1 and ‘Qualifying third party indemnity’ provisions to political parties or other political Scope 2 emissions by 91% since 2018 and (as defined by Section 234 of the sourced 100% renewable electricity for our organisations or to any independent Companies Act 2006) were in force during b election candidates, nor did it incur any global real estate portfolio in 2022. the course of the financial year ended political expenditure during the year. In 31 December 2022 for the benefit of the We achieved our renewable electricity accordance with the US Federal Election then Directors of the Company and the target ahead of schedule by matching 100% Campaign Act, Barclays provides then Directors of certain of the Company's of our electricity consumption with energy administrative support to a federal Political attribute certificates and green tariffs which subsidiaries and, at the date of this report, Action Committee (PAC) in the US, funded are in force for the benefit of the Directors is for us a transitional solution as we seek to by the voluntary political contributions of of the Company and the Directors of increase the proportion of on-site eligible employees. The PAC is not certain of the Company's subsidiaries in renewable electricity sources and Power controlled or funded by Barclays and all relation to certain losses and liabilities Purchase Agreements. decisions regarding the amounts and which they may incur (or have incurred) in In 2022, we expanded our net zero recipients of contributions are directed by connection with their duties, powers or operations approach to include our supply a steering committee comprising office. The Group also maintains Directors’ chain emissions as they account for the employees eligible to contribute to the and Officers’ Liability Insurance which gives majority of our operational emissions. PAC. appropriate cover for legal action brought Our supply chain emissions data is currently against its Directors. Contributions to political organisations indicative. We will continue to develop our reported by the PAC during the calendar Qualifying pension scheme indemnity methodology and aim to improve the year 2022 totalled $105,000 (2021: provisions (as defined by Section 235 of accuracy of our supply chain data over time. $29,000). the Companies Act 2006) were in force In the interim, we intend to work towards the during the course of the financial year Country-by-Country reporting milestone of a 50% reduction in our supply ended 31 December 2022 for the benefit The Capital Requirements (Country-by- chain emissions by 2030 (against a 2018 of the then directors, and at the date of Country reporting) Regulations 2013 base year) and a longer-term milestone of a this report are in force for the benefit of require the Company to publish additional 90% emissions reduction by 2050. In directors of Barclays Pension Funds information in respect of the year ended addition, we aim for 90% of our suppliers by Trustees Limited as trustee of the Barclays 31 December 2022. This information is addressable spend to have science-based Bank UK Retirement Fund, and Barclays included in the Barclays Country Snapshot emissions reduction targets in place by 2030. Executive Schemes Trustees Limited as available on the Barclays website: Also, this year we evolved our energy use Trustee of Barclays Capital International home.barclays/annualreport. intensity and on-site renewable energy Pension Scheme (No.1) and Barclays PLC reporting approach to include our global real Environment Funded Unapproved Retirement Benefits estate portfolio, beyond campuses. We Although financed emissions account for Scheme. The directors of the trustees are intend to work towards the milestones of a the greatest proportion of our climate indemnified against liability incurred in 2 115 kWh/m /year average energy use impact, addressing our operational connection with the trustees’ activities in intensity across our corporate offices and emissions is also important to meeting our relation to the Barclays Bank UK installing 10MW on-site renewable net zero by 2050 ambition. We are aiming Retirement Fund, Barclays Capital electricity capacity across our global real to integrate sustainability across the way International Pension Scheme (No.1) and estate portfolio by 2035. we run our business, from decarbonising Barclays PLC Funded Unapproved We have disclosed global GHG emissions our operations to managing our impact on Retirement Benefits Scheme. and energy use data as required by the biodiversity and nature. Large and Medium-sized Companies and Defining net zero operations Groups (Accounts and Reports) Regulations To reflect our commitment to reducing 2008. See the ESG Data Centre for further operational emissions beyond our Scope 1 details on our annual operational GHG and Scope 2 emissions, we are explicitly emissions since 2018, including our Scope 1, adding Scope 3 operational emissions to Scope 2 and Scope 3 business travel our net zero ambition. We now define net location-based and market-based zero operations as the state in which we emissions. We further provide insights on will achieve a greenhouse gas reduction of our annual waste production, energy and our Scope 1, Scope 2 and our Scope 3 water consumption and renewable a operational emissions consistent with a electricity consumption by country. o 1.5 C aligned pathway and counterbalance The ESG Data Centre within the ESG Resource Hub any residual emissions. + can be found at home.barclays/sustainability/esg- resource-hub/reporting-and-disclosures The standards available to understand and define net zero are rapidly evolving. We will Notes: continue to review and develop our own a We define our Scope 3 operational emissions to include approach to net zero operations as this supply chain, waste, business travel and leased assets b Global real estate portfolio includes offices, branches, subject area matures. Please see from campuses and data centres page 78 for more details of our net zero operations strategy.