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From Quaker roots to contemporary citizenship, Barclays has been involved in a number of charities, causes and social developments for the greater good. Early ledgers held at Group Archives are testament to the spirit of corporate responsibility.
And in the first meeting after the formation of Barclay and Company Limited incharitable giving was placed high on the agenda. Minutes from the meeting state that: From this beginning, charitable giving became a more formalised process. Towards the end of the 20th century, Barclays initiated a proactive social responsibility programme to enhance the positive impact and sustainability of the projects it supported.
A social responsibility committee was established into oversee allocation of the donation budget, and formulate a social responsibility policy for the Barclays Group. They managed annual subscriptions to groups such as the British Red Cross and the National Society for the Prevention of Cruelty to Children, and the implementation of grassroots community programmes, allowing for sustainable growth.
When necessary, the Group has also Lululemon corporate social responsibility to charitable appeals, funding relief work after the tsunami, and the Haiti earthquake. By taking a leading role in arts sponsorship, Barclays has helped to bring the arts to a wider audience, whilst also developing new talent.
InBarclays New Stages was established to encourage and promote fringe theatre companies. Six years later, Barclays Stage Partners, a partnership between the Bank and Arts Council England, advocated for collaboration between theatre companies to ensure more people were able to see the best creative work happening on stage.
Inmore than 1, young people were assisted by Music Potential, with many moving onto education, training, or employment within the arts. Colleagues Barclays has also embraced its role in caring for and supporting colleagues and this spirit can most clearly be seen in the development of programmes to support the staff during periods of war.
During World War Two, the bank established a War Fund which was used to fund relief work, provide financial support for staff who suffered injuries, send packages to those on active duty overseas, and cover the cost of hospital treatment for injured staff.
After the war, both Barclays and its staff contributed generously to the creation of a Roll of Honour for those who had lost their lives in World Wars One and Two, which can still be seen today at the global headquarters in Canary Wharf.
Post-conflict, Barclays recognised its responsibility to those returning to civilian life, and inunder the leadership of Chairman, Edwin Fisher, established a training school, Chester House, which provided refresher courses to employees returning from service.
This commitment and support to the Armed Services has continued to this day. In addition, Barclays has supported the wider military community by providing specialised reviews for mortgage and loan applications, and providing free calls to Barclays for serving members of the military.
Sport Support for staff has also extended onto the playing field. During the twentieth century, sports and social activities became a vital part of the life of the bank and its staff.
More recently, Barclays has invested in grassroots and community activities, recognizing the potential in transforming lives through sport.
InBarclays Spaces for Sport was launched, a global grassroots sporting programme that gives disadvantaged young people a space to harness the positive values of sport to make meaningful progress within their lives. Communities To this day, Barclays continues to be at the forefront of community initiatives.
Alongside this, the Bank recognizes excellence in its staff with annual Citizenship awards that recognize the valuable work these individuals do. InGerald Maithya was awarded a Citizenship Award for his funding efforts in helping disadvantaged girls access secondary education in Kenya.
· We were selected for inclusion because we embody the ‘gold standard’ for corporate social responsibility based on RobecoSAM analysis. We are one of only four retail-focused companies, of 28 invited companies, to be included on this year's listing.
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