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Race at Work

Our Race at Work Ambitions

Barclays is committed to supporting diversity in all its forms, and we believe that every individual should have the opportunity to fulfil their potential and achieve their personal and professional goals. It’s not just the right thing to do to move society forward, it strengthens our culture at Barclays, differentiates us with our customers and clients, and is a major factor in our future success.

Our data shows that there are some ethnicities that are under-represented relative to the potential talent pools available and we are determined to close these gaps through our new Race at Work Ambitions:

Barclays Race at work ambitoins

We define under-represented ethnicities in the UK as: Black and Multiracial (mixed). In the US we define under-represented ethnicities as African American/Black, Hispanic/Latino and other (includes Multiracial, Native American, Native Alaskan, and Hawaiian / Pacific Islander).

Asian colleagues are very well represented in both the UK and the US at levels significantly above census data. While Asian colleagues are not covered by these ambitions specifically, there will be a continued focus given to development opportunities to facilitate professional growth and enable career progression.

Race at Work Ambitions are measurable outcomes

Our Race at Work ambitions are measurable outcomes, allowing us to see the impact our actions are having over time.

There are actions already underway through the Race at Work Action plan to help to achieve these ambitions. Through the plan we are aiming to attract and hire more Black and ethnically diverse talent; provide improved access to career and development opportunities for Black and ethnically diverse colleagues, empowering them to fulfil their potential; and create a culture of allyship across the organisation.

I strongly believe that the shift to a more inclusive culture and ways of working will come from within. There is a lot of work in front of us and it will take a collective effort from every colleague, manager and leader to achieve these ambitions, and bring about change.

C.S. Venkatakrishnan

Group Chief Executive and Executive Sponsor of the Multicultural agenda