The Barclays Corporate Responsibility Report02/05/2006
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Barclays plc today publishes its seventh annual Corporate Responsibility report, available online and in pdf form at www.barclays.co.uk/corporateresponsibility
The report marks a 'step change' in the global financial services group's approach to non-financial reporting and disclosure, and reflects feedback received on the previous year's report. Based on the theme of responsible banking, it seeks to set out Barclays' stance on key corporate responsibility issues, including responsible lending to consumers, how the bank deals with major project finance transactions, its approach to climate change and its strategy for growth in Africa.
Assurance for this year's report has been provided by the Corporate Citizenship Company, with the process based both on the guidelines of the AA1000 Assurance Standard and on the reporting principles of the Global Reporting Initiative.
Barclays is a founder member of the Business Leaders' Initiative on Human Rights, and the report describes the bank's work in exploring how companies can best integrate human rights issues into decision-making processes.
The report, introduced by chief executive John Varley, sets out not only what Barclays is doing, but the external environment in which the bank is operating and how it hopes to meet its objective of being a leading company in the field of corporate responsibility.
Barclays has a major presence in Europe, the USA, Africa and Asia and is engaged primarily in banking, investment banking and investment management. In terms of market capitalization, it is one of the largest financial services companies in the world.
Barclays has been involved in banking for over 300 years and operates in over 60 countries with more than 120,000 employees.
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