Barclays focuses capital and resources on supporting energy companies to decarbonise

Barclays recently published a revised Climate Change Statement to progress its climate strategy and continues its focus on clients actively engaged in the energy transition. Following Barclays’ commitment to finance $1trillion of Sustainable and Transition Finance by 2030, Barclays also releases a Transition Finance Framework to support us to meet that target and facilitate the transition finance needed to decarbonise high-emitting sectors. The updated Climate Change Statement outlines: No project finance, or other direct finance to energy clients, for upstream oil and gas expansion projects or related infrastructure. Restrictions for…

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Barclays establishes new Energy Transition Group to support clients on the path to net zero

Barclays has announced that it is establishing a new Energy Transition Group, within its Corporate and Investment Bank. The new group will be responsible for providing strategic advice to clients as they explore potential energy transition opportunities.  “At Barclays, we have long believed the energy transition will effectively re-shape how businesses and the world are thinking about the transition to net-zero,” says Cathal Deasy, Global Co-Head of Investment Banking. “The creation of this new team is a natural evolution and further enables us to better serve as a lead advisor to…

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Barclays relaunches Cambridge coworking space for climate tech startups

Barclays has relaunched its Cambridge Eagle Lab with a renewed focus on helping high growth climate tech startups to connect, grow and scale. The site has undergone a significant retrofit, with the goal of reducing its carbon emissions by 90 per cent compared to 2018. The newly-designed space features increased desk capacity for up to 130 people, and a 75 per cent increase in collaboration space allowing a more flexible layout for meetings, events, and networking. It also features a dedicated area to showcase the climate tech technologies and businesses…

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Barclays and OMD UK reveal essential elements of client/agency relationship

In a filmed interview with IPA President Julian Douglas, Tom Corbett, Global Head of Sponsorship and Media at Barclays and Suzy Ryder, Chief Digital Officer at OMD UK, reveal the core components of their mutually beneficial, commercially successful client/agency partnership. The film is borne of both parties’ signing up to the IPA/ISBA Pitch Positive Pledge, of which the focus is on making the process more intentional, accountable and responsible for both advertisers and agencies. It also draws on the core findings of the recent IPA white paper, Partnering for Growth,…

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SEO London and Barclays launch partnership to help graduates from underrepresented communities across the UK into meaningful jobs

Sponsors for Educational Opportunity (SEO) London has today announced a three-year partnership with Barclays to help more than 400 graduates from Black and ethnically diverse communities across the UK, with a focus on tackling socio-economic inequality, to secure meaningful jobs. With more than 20 years of experience in working with and preparing young people for career success, diversity-focused charity SEO London recognises that graduates from underrepresented backgrounds are still missing out on opportunities to access rewarding employment. Through its newly launched Beyond Barriers programme, funded by Barclays, SEO London hopes…

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