Tag: Barclays

Barclays unveils approach to navigating nature-related financial risk

Stuart Mitchell

Barclays publishes leading approach to assessing nature-related financial risks of large financial portfolios and outlines pragmatic steps to drive progress. Understanding of nature-related risk and how to include it in economic and financial modelling is nascent. To make progress, Barclays is seeking to drive forward an industry-wide conversation and, in a new publication, Navigating Nature Risk: Applying the TNFD’s LEAP framework, details how it has leveraged the Taskforce on Nature-related Financial Disclosure’s Locate, Evaluate, Assess and Prepare Framework (LEAP). Focusing on a sample of mining and European power companies, Barclays…

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Unreasonable Impact announces new roster of ventures for the 2025 UK & Europe programme

Stuart Mitchell

Unreasonable Impact, a strategic partnership between Unreasonable Group and Barclays, has introduced the newest cohort of ventures selected for its UK & Europe programme. This year’s ventures are working across biodiversity monitoring, sustainable materials, and energy efficiency. Among them are: Material Evolution – Material Evolution develops low-carbon cement alternatives using AI-driven alkali fusion technology, reducing emissions by 85% compared to conventional methods. Liz Gilligan, co-founder and CEO, combines her expertise in sustainable concrete and extensive practical experience to lead the company’s mission to create industry-standard eco-friendly building materials. Onego Bio – Onego…

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Barclays and Channel 5 partner to champion better money management across the UK with Nick Knowles

Stuart Mitchell

Sky Media, the advertising arm of Sky, consumer bank Barclays UK and Channel 5, have announced a brand new and exclusive TV and social media partnership to encourage conversations about money management, featuring broadcaster’s much-loved presenter Nick Knowles. The light-hearted and educational six-part series launches tonight on Channel 5 during Bank Scams: Don’t Get Caught Out at 19:00 and during New: Fresh vs. Frozen: Which is Better at 20:00.  It aims to educate viewers on how to deal with financial challenges using Barclays’ products and services to help make money…

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Barclays focuses capital and resources on supporting energy companies to decarbonise

Stuart Mitchell

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

Stuart Mitchell

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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