London, United Kingdom:
Barclays has appointed Daniel Hanna as Global Head of Sustainable Finance for the Corporate and Investment Bank with the accountability for making a market-leading middle of excellence for sustainable finance. He will probably be based mostly in London and joins the Corporate and Investment Bank’s Management Committee.
“The center of excellence will bring together the power of our ‘One Barclays’ approach to deliver a fuller suite of products, solutions, and expertise to clients as they navigate the transition to a low-carbon economy,” mentioned Paul Compton, Global Head of Corporate and Investment Bank and President, Barclays Bank Plc. “He will partner closely with the Sustainable Capital Markets, Sustainable and Impact Banking, and the Sustainable Product Group teams, as well as with Barclays’ Sustainability and ESG team to ensure connectivity with Barclays’ broader firm-wide efforts.”
“We are focused on the delivery of our climate strategy, including capturing new opportunities to deepen client relationships and create new growth for Barclays’ businesses,” mentioned Sasha Wiggins, Barclays’ Group Head of Public Policy and Corporate Responsibility. “Whilst we are already using our expertise across our Corporate and Investment Bank to help clients manage this period of extraordinary change, Daniel’s appointment gives us a powerful focus to create a real point of difference with clients.”
Mr. Hanna joins Barclays from Standard Chartered, the place he was most lately Global Head of Sustainable Finance.
“Barclays was one of the first banks to commit to net zero by 2050 and has a fantastic track record of innovation in green and sustainable finance,” mentioned Mr. Hanna. “As the world deals with the impact of high energy prices and climate change, Barclays has a strong platform to help channel capital to the new technologies, and companies, that can help economies decarbonize and drive sustainable growth.”
The transition to a low carbon economy is in the present day’s defining alternative for innovation and progress – supporting shoppers of their efforts to decarbonise and adapt their business fashions is a strategic precedence at Barclays. There is a major alternative for Barclays to play a number one function in serving to to satisfy the demand for financing to assist the power transition, channelling funding into new inexperienced applied sciences and low-carbon infrastructure tasks. Barclays has already facilitated £74bn of inexperienced financing, together with landmark tasks such as supporting the UK Government to situation their first inexperienced bond, which can finance tasks such as offshore wind and schemes to decarbonise properties and buildings. To discover out extra about Barclays’ strategy to local weather change, please go to our web site.
About Barclays
Barclays is a British common financial institution. We are diversified by business, by differing types of buyer and consumer, and geography. Our companies embody shopper banking and funds operations round the world, as effectively as a top-tier, full service, international company and funding financial institution, all of that are supported by our service firm which supplies expertise, operations and useful companies throughout the Barclays Group. For additional details about Barclays, please go to our web site residence.barclays.
About Barclays Corporate and Investment Bank
Barclays is a shopper and wholesale financial institution, supporting people and small companies by means of our shopper banking companies, and bigger companies and establishments by means of our company and funding banking companies. Our Corporate and Investment Bank is comprised of the Investment Banking, International Corporate Banking, Global Markets and Research companies; it supplies cash managers, monetary establishments, governments, supranational organisations and company shoppers with companies and recommendation for their funding, financing, strategic and threat administration wants. For additional details about Barclays Corporate and Investment Bank, please go to our web site www.cib.barclays.
About Barclays Commitment to Address Climate Change
In March 2020, Barclays introduced an ambition to be a internet zero financial institution by 2050, turning into one of the first banks to take action. Barclays is working to realize internet zero operations, investing in the continued decarbonisation of our operations, and in the growth of a internet zero pathway for the emissions from our provide chain. Barclays can also be dedicated to aligning its financing with the objectives and timelines of the Paris Agreement and to offering the inexperienced and sustainable finance required to rework the economies it serves.
About Barclays’ Sustainable Capital Markets (SCM) Team
Barclays’ Sustainable Capital Markets (SCM) crew affords a broad vary of ESG capital market product sorts and delivers throughout a number of consumer segments to assist shoppers finance their sustainability journeys and formalise their sustainability commitments.
About Barclays’ Sustainable and Impact Banking (SIB) Team
Barclays’ Sustainable and Impact Banking (SIB) crew advises and raises capital for rising progress firms which can be addressing ESG points, as effectively as for current shoppers navigating their power transitions.
About Barclays’ Sustainable Product Group (SPG) Team
Barclays’ Sustainable Product Group (SPG) crew affords a set of inexperienced merchandise based mostly on Barclays Green Finance Framework, together with Green Innovation Finance, Green Loans, Green Asset Finance, Green Trade Finance, Green Infrastructure and Project Finance, and Green Deposits.
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