Access to employment Unemployment is one of the world’s biggest The global labour market is undergoing Con t e challenges. In the 21st century, new jobs are major structural changes with far-reaching xt and Appr increasingly coming from fast-growing small implications for future workforces. o businesses and entrepreneurs that have ach become the engine of job creation, but will require support to scale. Supply Demand Barclays’ role Shar Addressing unemployment improves social and economic prospects ed Gr and creates broader opportunities for growth and increased resilience – o investing in the future health of the communities where we do business. wth Ambition This, in turn, helps build long-term demand for, and access to, banking Upskill workers Create jobs services. Barclays is committed to helping people gain access to the Lack of qualified candidates Entrepreneurs and SMEs are vital skills they need to get into work and provide access to job applying to jobs due to lack significant engines of both job opportunities at high-growth companies by supporting entrepreneurs of the right vocational skills creation and economic growth to scale these businesses. to get a job, including digital, Upskill workers technology and life skills We provide access to skills training and pathways to employment Gener for those who lack the necessary opportunities. 40% of employers 66% of new job creation al S Create jobs globally report they are in developed economies will tandar We support high-growth businesses that demand skilled labour, experiencing difficulty filling jobs come from entrepreneurs providing access to job opportunities at these companies. due to lack of available talent We will support high-growth d Disclosur We will provide vocational businesses that demand training and pathways to skilled labour employment es Sources: Manpower, EY 1,717,600 Specific S tandar people up-skilled to help achieve their ambitions d Disclosur es 2016 Progress overview Focus areas Progress in 2016 2017 objectives KP MG Assur Up skill ■■ Launched a range of new LifeSkills content to help young people get the key ■■ Through LifeSkills we will continue to workers 21st century skills that we know businesses need now and in the future, including champion and drive quality employability problem solving, communication, creativity, proactivity, leadership and resilience. skills interventions in schools, colleges, ance S ■■ LifeSkills also set up its first Youth Advisory Council, to set a ‘youth’ perspective on universities and youth groups as well as ta t employability issues and help shape programme content going forward. supporting young people who access emen ■■ Launched new strategic partnerships to build employability skills including: content directly. – Connect with Work in the UK ■■ We will continue to develop innovative and t – Partnerships with Per Scholas, Robin Hood Foundation, Tech Impact, Good impactful employability programmes with a Shepherd in the US focused portfolio of organisations that – Partnerships with NASSCOM Foundation – Global Talent Track, International enable us to combine our resources with Association of Human Values, QUEST Alliance, Be Better Education and Teach the skills and energy of our people. for China in Asia Pacific Create jobs ■■ Launched Unreasonable Impact Accelerator in the UK in September and the US in ■■ Launch in Asia. November. ■■ Run 2nd entrepreneur cohorts for the UK and US. Note Within KPMG’s limited assurance scope. Please see page 49. home.barclays/annualreport Barclays PLC Environmental Social Governance Supplement 2016 • 12
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