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Image of 1 Churchill Place from the water.

Barclays wins two Euromoney Awards for Excellence

19 July 2024

Euromoney has announced that Barclays has won Best Investment Bank and Best Bank for ESG in the UK in its annual Awards for Excellence.

Best Investment Bank in the UK

Barclays was presented with this award for the 11th time in 13 years. It acknowledges the bank’s superior performance in the UK, providing clients with integrated solutions across financing, advisory and risk management, while advising on large-scale, critical transactions for clients.

“We are delighted to receive this accolade from Euromoney recognising the strength of our client partnerships and our capabilities to deliver for them across financing, advisory and risk management,” said Alisdair Gayne, Head of UK Investment Banking. “The UK economy is strong, and we have high ambitions to ensure we continue to deepen relationships with our clients by delivering the full power of the bank to help them achieve their goals.”

Read more about the award on Euromoney's website

Best Bank for ESG in the UK

For the second year in a row, Barclays was recognised for its significant progress made across the board in the environmental, social and governance category.  

Net Zero by 2050

The bank achieved a 51% decrease in Scope 1 and Scope 2 location-based greenhouse gas emissions, sourcing all electricity for its global real estate portfolio from renewable energy. It also reduced Energy absolute financed emissions by 44% from a 2020 baseline.

Green Home Mortgages

Since inception in 2018, Barclays UK has lent over £3.5bn to Green Home Mortgage customers.

Sustainable and Transition Finance

Barclays has a target to facilitate $1 trillion of sustainable and transition finance by 2030 and delivered $67.8 billion in 2023.  

Daniel Hanna, Barclays Global Head of Sustainable Finance, said: “We’re really proud to have won this award for the second year in a row. It’s testament to the significant progress that we continue to make in supporting our clients, particularly those in the hard to abate sectors, to access both the advisory and transition finance required to support them in their efforts to decarbonise.

“Innovation is central to the transition to net zero, and this award also recognizes the investments we have made in the emerging climate-tech firms who are developing key new technologies but often have challenges accessing financing as they scale.”

The bank was also recognised for Barclays Sustainable Impact Capital, its initiative to invest £500 million in disruptive green start-ups, contributing £49.49 million in 2023 to green startups, including GeoPura, Zedify and HT Materials Science. 

Read more about the award on Euromoney's website