Barclays’ comprehensive approach to sustainable banking, alongside its robust performance in green and sustainability-linked financing, highlights its deep commitment to furthering the global sustainability agenda.
The bank has strategically positioned sustainable finance as an integral part of its climate response strategy, with a goal to achieve net zero by 2050. This approach encompasses a commitment to facilitate $1 trillion in financing by 2030 and to invest up to £500 million in climate tech startups globally by the end of 2027, consolidating its leading position in sustainable finance.
Over the past year, the bank has significantly enhanced its sustainable finance capabilities through strategic senior hires and launching new businesses and products. This has enabled the bank to deliver on its commitments and drive revenue growth while simultaneously focusing on key strengths and deepening relationships with its target clients across sustainable financing and advisory roles.
The bank has strategically positioned sustainable finance as an integral part of its climate response strategy
Notable achievements include facilitating $94.4 billion in sustainable and transition financing over the last year, and investing £65 million in climate tech startups, representing year-on-year increases of 39% and 33%, respectively. These figures underscore Barclays’ proactive role in supporting clients through the energy transition, while continuing to reduce its operational emissions and sourcing energy from renewable sources.
Significant projects facilitated by Barclays in 2024 include the structuring of London Gatwick Airport’s €750 million sustainability-linked bond aimed at achieving net-zero emissions by 2030, and Verbund’s €500 million green bond, focusing on biodiversity projects in Austria and Germany.
