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Specific Standard Disclosures Key Fully disclosed Economic Partially disclosed Not disclosed Procurement practices We anticipate that over time, benefits will accrue to diverse suppliers Con beyond opportunities to partner on Barclays’ work – enjoying the reach t e Indicator requirement Status their clients have in servicing the larger UK and global corporate xt and Appr G4-DMA marketplace. Aspect: Procurement Practices As we move forward, how well a prospective first tier provider supports o Disclosure an inclusive supply chain will become a weighted factor in measuring ach Our supplier relationships are managed based upon an operational risk and scoring proposals, helping inform which companies make for the segmentation approach and are required to operate in accordance with best supply chain partners. our Supplier Code of Conduct. Barclays will always require that our suppliers comply with all applicable laws, regulations and standards In future years, we will introduce similar conferences on other Supplier within the geographies in which they operate. In instances where Code of Conduct specific themes. standards outlined in the Supplier Code of Conduct differ from local laws and customs, we expect suppliers to respect these standards within the Prompt payment Shar context of the customs and the local laws of their specific geography. Prompt payment is critical to the cash flow of every business, and ed Gr especially to smaller businesses within the supply chain as cash flow o In 2016, informed by the GRI reporting guidelines, the Barclays Supplier issues are a major contributor to business failure. wth Ambition Code of Conduct expanded beyond the previous four principal components that focused primarily on our minimum expectations with Barclays is a signatory to the Prompt Payment Code in the UK, regards to Diversity and Inclusion, Environmental Management, Human promptpaymentcode.org.uk. We commit to paying our suppliers within Rights and working in accordance with the Barclays Values. We’ve added clearly defined terms, and to ensuring there is a proper process for standards that also address supply chain related societal impact issues, dealing with any issues that may arise. We measure prompt payment by such as the encroachment upon indigenous people, and product and calculating the percentage of third-party supplier spend paid within a service responsibility, such as labelling and avoidance of use of banned specified time following invoice date, or receipt date if the invoice is or disputed products, to further delineate responsible business practices already over 45 days from invoice date (by value over a three-month within our supply chain. We are minimising the risk of modern slavery rolling period) for all entities where invoices are managed centrally. In Gener and human trafficking in our operations and supply chain. 2016, Barclays achieved 88% payment on time, exceeding our public commitment of 85%. By paying our suppliers promptly, we live the al S Details can be found in our Modern Slavery Statement Barclays Values and Behaviours. We expect the same to be the practice tandar home.barclays/content/dam/barclayspublic/docs/ Citizenship/Policy-Positions/MSA2016.pdf of our suppliers in doing business with their subcontractors. d Disclosur The Barclays Supplier Code of Conduct is a prerequisite set of Indicator requirement Status expectations that must be accepted by prospective suppliers before G4-EC9 es having an opportunity to submit a competitive offering. On an annual Proportion of spending on local suppliers at significant locations basis, incumbent suppliers categorised as high or medium risk must of operation attest to their ongoing commitment to meeting those expectations and, Disclosure where failure, must remediate in order to remain in good standing. Once All suppliers are treated equally and fairly in accordance with relevant Specific S every three years, for the high and medium risk segmented suppliers, an onsite review is conducted as part of our controls assurance process to sourcing and procurement policies. We select suppliers based upon best look for evidence that the expectations are being delivered in an effective value and seek ways to maximise competition from all segments of tandar manner. society. Some of the highlights of our Supplier Code of Conduct in practice are As part of our Supplier Diversity initiative, in the major regions of the world d Disclosur summarised below. where we do business, we work with non-governmental agencies (NGOs) to identify local, diverse businesses to compete for business throughout es Diversity and inclusion our supply chain. The diversity of these businesses span size and maturity Barclays has a strong commitment to enable equality of opportunity and differences, as well as ownership characteristics – gender, racial, cultural, workplace cultures that promote inclusion, as outlined in the Barclays sexual identity, military background and physical-ability differences, as Diversity Charter. We not only meet the basic legal requirements in every defined by local law or standards. Through establishment of policy and KP jurisdiction we operate in, but seek to lead the way in this area. Through practices within our strategic sourcing function, we implemented MG Assur our Supplier Code of Conduct, we encourage our suppliers to partner reporting, education and engagement programmes that have seen us with us to achieve excellence in equality, diversity and inclusion through: steadily improve our proportion of global expenditure with diverse suppliers, moving from 5.6% of spend in 2014 to nearly 7% in 2016. ance S ■■ Workplace Inclusion ■■ Inclusive supply chain management. Our Supplier Diversity Days hosted on three continents have introduced ta t diverse companies to our business leaders. In 2016, we awarded our largest emen Inclusive Supply Chain ever contract to a diverse supplier introduced at our New York event. More t In 2016, to reinforce an inclusive supply chain, we hosted the inaugural broadly we also saw an uptick in inclusion of diverse companies competing Barclays Supplier Diversity Second Tier Conference in London. for local, regional and global contracting opportunities. Recognising the position in our supply chain that diverse suppliers – We held Open Innovation events that provided an opportunity for pre-IPO small and medium sized as well as diverse owned businesses – can play companies to pitch and demonstrate their solutions to three technology in the delivery of goods and services on the second tier, or challenges. It offers an opportunity to win a supplier contract with Barclays subcontractors to our first tier suppliers, we enlisted 40 of our largest and collaborate with our technologists on product development. first tier suppliers in a one-day conference to help us identify ways of increasing the throughput of diverse suppliers on Barclays’ work. Most The benefits that accrue to diverse suppliers on Barclays work can often of the large suppliers had no prior experience in supplier diversity and be traced back to their local communities. One of our largest UK-based have since committed to instituting similar initiatives in their companies. diverse suppliers has been able to pass on some of the benefit they’ve As part of the activity, we introduced dozens of UK-based diverse received from the Barclays relationship in the form of apprenticeships for suppliers to be considered as potential partners and subcontractors. young individuals who are seeking work. home.barclays/annualreport Barclays PLC Environmental Social Governance Supplement 2016 • 34

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