Ethics

Barclays expects every colleague, and others who work on our behalf, to conduct themselves according to consistently high professional and ethical standards.

Barclays Statement on Corporate Conduct and Ethics outlines the behaviours and standards of conduct required by colleagues across the business. More detailed standards are set by each area of the business, tailored to their specific business priorities and regulatory parameters.

Every Barclays employee is required to confirm annually that they have read and understood the code of conduct relevant to their part of the business as part of their performance development review process.

Ethical indices

Barclays has achieved recognition for its commitment to ethical practices in business in leading independent indices:

FTSE4Good Index

The FTSE4Good Index Series measures the performance of companies that meet globally recognised corporate responsibility standards. Barclays retains membership in the Global, Europe and UK indices.

Dow Jones Sustainability Index

The Dow Jones Sustainability Index Series tracks the financial performance of the world’s leading sustainability-driven companies. In its 2010 rankings, Barclays achieved an overall score of 80 per cent. The banking sector average was 50 per cent.

Business in the Community Index

The Business in the Community Corporate Responsibility Index measures responsible business strategy and the management of corporate responsibility. The top 100 companies are listed in the annual index. Barclays has been awarded the highest accolade – Platinum status – since 2007. Our projects on financial inclusion and offsetting emissions from our global operations were recognised.

Policies

We have policies in place to achieve a consistent approach to ethical issues across the Group and ensure the business remains a positive corporate role model. Our policies and guidance covers a broad range of issues, including:

• Corporate conduct and ethics
• Human rights
• Bribery and corruption
• Data protection
• Anti-money laundering.

To view Barclays policy positions, including statements relating to the defence sector, online gaming and animal testing, visit the policy positions page.

Sanctions

Sanctions are restrictions on activity with targeted countries, governments, entities, individuals and industries that are imposed by bodies such as the United Nations, the European Union, individual countries or groups of countries. The Barclays Group Sanctions Policy is designed to ensure that the Group complies with applicable sanctions laws in every jurisdiction in which it operates.