Company Appraisal Report on CSR Practices, Risk Governance, and Board Performance Assessment for Barclays

This report evaluates the CSR policies, risk governance, board performance assessment, and board recommendations for Barclays. It discusses the different CSR programs and initiatives undertaken by the bank, the types of risks it faces, and the evaluation of board performance in adopting CSR practices.

Company Appraisal
Report on corporate
social responsibility
CSR practices risk
governance and Board
performance
assessment

Table of Contents
INTRODUCTION ..........................................................................................................................3
TASK ..............................................................................................................................................3
Corporate Social Responsibility policies of Barclays.................................................................3
Risk Governance: .......................................................................................................................6
Board Performance Assessment..................................................................................................8
Board Recommendations: ..........................................................................................................9
CONCLUSION .............................................................................................................................11
REFERENCE.................................................................................................................................12

INTRODUCTION
Corporate Social Responsibility is a part of self-regulations of organisations with the
purpose of taking social accountability and responsibility so that business could impact society
positively. CSR policy involves eco-friendly practices, diversity in workplaces, promoting
equality and everything that is ethical for society. Risk Governance can be defined as
frameworks through which the authority practices decision making with fundamental principle of
better governance to assessment, communication and management(Abbas, Álvarez-Otero and
Sial, 2021). This report will highlight the CSR policies, risk governance, board performance
assessment and board recommendations for Barclays. Barclays is a British international bank
operation in two sections, first one is Barclays International and another is Barclays UK. It is
founded in 1690 and includes many other banking business under its governance such as
Backhouse's bank, Joint-stock bank, Goslings bank and Gurney's bank. Currently, it is serving in
more than 40 nations with customer base of 83.500 individuals. Services provided by Barclays
are payments operations, investment banking and consumer banking.
TASK
Corporate Social Responsibility policies of Barclays
CSR Vision: It has vision to help individuals in accomplishing their aspirations in the
correct manner by performing a essential role in society in which people survive and perform
their daily responsibilities, it wants to deliver their core business functions. Barclays can
accomplish their vision by organising different programmes such as citizenship programme and
other also that put direct efforts in development of society. With classification in their strategy
for citizenship through experience and skills, it can impact growth and development of society
positively more than only financial contribution. Board of directors review all CSR policies
timely and make changes according to the requirements.
CSR areas and objectives from different programmes: The organisation is committed
to perform a crucial role in the societies in which they run their all operations by providing
support through numerous initiatives such as funding the needy people, raising funds for
communities and volunteering in societal activities. In terms of achieving their goal, the business
would interfere in the field of skill and training by their one of the programme that is Global
Youth Employability(Ackers and Grobbelaar, 2021).

 Global Youth Employability Programme: 80% of world's total population is below the
age of 35 years according to the recent data, it shows that there are more youth in
comparison to other age groups and youth is the greatest asset for every nation because
they have the power of moulding things that are beneficial for all, they will be demand
drivers for markets and also can be economy drivers, when they performs well then can
lead progress of nation as the workforce. In spite of, Unemployment rate of youth is
rising continuously over the recent years, this is due to mismatch between skills that is
required by industries and skills that youngsters have, this is major cause of high
unemployment rate among youth across globe. Main hurdles in acquiring the right set of
skills and knowledge is quality of education provided to students, scare access and
inability of arranging vocational trainings sessions, less focus of developing skills that is
needed in job opportunities currently, very challenging systems and poor educational
surroundings. If all these issues will not consider immediately then youth will always
suffer with deficit of skill sets that not only hindered their capability to perform job
functions and move towards high living standard(Agudelo, Johannsdottir and
Davidsdottir, 2020).
Aim: Barclays tends to offer employment opportunities that could enhance skill development
among students to assist them being job ready. This initiative will provide help to beneficiaries in
improving the rate of employment and also improve economic aspects. This initiative by
Barclays will boost confidence of young beneficiaries and also encourage their ability to fight
against numerous challenges in life.
 Matched Fundraising Programme: Organisation have strong beliefs in providing
support to the communities in which they functioned. There is one way to give support is
by helping employees of their company and make them feel that organisation cares about
them and they are connected by heart.
Aim: Barclays have global presence, so it tries to match with different cultural contribution
through their all employees. These practices will help the management in retaining their goal as
a charitable organisation(Appolloni, Cheng and Huisingh, 2022).
 Other programme and projects that subject to Schedule VII: Barclays also undertake
other projects in support of society that are subject to specified in act of schedule VII.
Budget for Barclays Corporate Social Responsibility:

1. The board of directors should practice that organisation must spend at least 2% from their
average profit margin in every accounting year that made during the immediate
proceeding in last three years. Net profit should not involve in such additions that is
prescribed above, and must be calculated on the basis of provisions from the section 198
of CSR act(Chen, Hermes and Hooghiemstra, 2020).
2. If there is any surplus reported from the CSR programmes, projects or functions that
should not made a part in the revenue generated by organisation and must be utilized only
for aims of CSR policy.
3. The organisation might set up collaborations and also pool some resources with substitute
and other group businesses, may be other companies from different sectors for
undertaking the activities of CSR in such a order that the following businesses are in a
condition to maintain record separately on these programmes and activities according to
the rules and regulation of CSR.
Process for implementing these CSR policies:
1. Corporate social responsibility projects and operations must be taken into consideration
by organisation among the predefined range of required assessments and base line
surveys.
2. The duration or defined time period over that a specified project will be run out, must
depend upon its extent of coverage, nature of programme and intended effect of that
activity.
3. The mode of operation and implementing these activities might include a merger of
implementing programmes directly and implementing by foundations or trusts owned by
organisation, non profit organisations, business partners, registered and civil societies.
The organisation must choose their business and CSR partners with appropriate due
diligence.
4. Barclays can sign a partnership deed with government of different countries,
communities and civil societies for creating multiple participations in various social
projects(García‐Sánchez and Martínez‐Ferrero, 2019).
5. The organisation can use services provided by expert agencies and consultancy firms, for
the knowledge and things required to carry out different surveys such as base line survey.

6. Mode of implementation must include volunteering of company's employees. It means
employees of Barclays should be involved in the initiatives taken by company for the
benefit of society, it will show that organisation not just fulfilling their responsibility
towards society and people, the whole management of Barclays want to contribute by
bottom in the development of society and communities.
As per CSR programme undertaken by the barclay financial services includes a combination to
establish or maintain multiple effects of its social factors. The implementation mode of CSR in
barclays financial services through the (NGOs) non-goverment organisation, civil society,
partners with business, societies which are registered. Barclay choice their own business partners
after the significant due diligence(Jia, Gao and Fang, 2022).
Risk Governance:
It indicates the process, convention of rules, institutions, on the basis of decision in terms
of risk are implemented. Risk governance can be both postive and negative that is because it
helps in formulating and analysing the strategies of management for risk to avoid or decrease the
cost of economic which happens by disasters. In relation barclay financial services goverance of
risk can be imposes on environment, outdated and updated technology, public safety, and public
health, finance, security etc.
There are various types of risk which the barclay finanacial services can face:
 Capital Risk and treasury risk: It refers to an risk which the company measures of
creditworthiness of a borrower. Credit risk involves making of loans, lenders are judging
borrowers, the paying back of debts. In relation to barclays financial services the credit
risk which the barclay faced that the insufficient level or capital composition to helps its
normal day to day functions and activities to whith the main aim to fulfil its regulatory
requirements of capital under the normal operating enviroment or under stresses
condition this will leads to risk of barclay for pension plans. The interest rate risk also
exposed tob the income or capital volatility that is happens because of the difference or
mismatch between the rate of interest exposures of its non-trade( assets and liabilities).
Capital risk and treasury risk both are managed and identified by the specialists in the
liquidity, capital planning, management of assets and liabilities, market risk. There are
various approaches range like planning, monitoring, limits and external and internal
testing of stress(Kuzey and Karaman, 2021).

 Liquidity Risk: It refers that when an organisation, firm, or can be a individual has
ability to pay all its debts without facing any loss. There are various users like managers,
investors, creditors when they want to analyse the measurement of liquidity ratio to
decisde level of risk in an organisation. Users dace liquidity risk when they not meet their
short-term debt obligation. In relation to barclay financial services they can face liquidy
risk as company is unables to fulfil its obligation of contigent and contractual or
company have not significant tenor, composition and amount of funding and liquidity to
helps its assets(Pimentel Da Silva, 2021).
 Market Risk: It states that risk which relates with an entity, company or an individul will
suffers from losses in regards of various factors that affects the whole investment
performance in th financial market. Market risk also considered as the systematic risk,
which affect whole market. Market risk can be arises due to changes in rate of interest.
rate of exchange or can be recession. In relation to the barclays financial services market
risk involves risk of loss arising from the significant adverse changes in value of financial
services from the fluctuation or changes in market variables which includes rate of
interest, equity prices, prices of commodity, correlations of assets.
 Model Risk: This risk involves the risk of significant consequences from the financial
models that are individually and independently approved or validated to all the decisions
or finnacial assessment which are based on their performance and implementation is
monitored on a continuous basis which is misused and inacurrate model outputs and
reports.
 Reputation Risk: It is the risk which damages the business when the business fails to
fulfil the expectations and needs of its stakeholders and thus negatively affects all the
organisation. It can adversely effects the whole business operations and functioning. Risk
that can an investment, transaction or decision, business relationship will decreases the
trust of barclays financial services. Barclay can manage this risk by embedding the values
and purpose establish a controlled and effective culture within the barclay financial
services, with the purpose of showing trusted, intregated, strong relationship with the
customers(Rashid, 2021).
 Operational risk: It refers to the risk of losses due to the failed policies, systems, events
that disbalance the whole operations of business. This happens may due to any reason

like some mistake done by employees, criminal activities such as frauds. In relation to
barclay financial services risk is associated with the loss from the inadequate or outdated
systems, due to external factors or events, human factors. Operational risk associated
with the folowing risks such as data information, data management, frauds, financial
reporting, technology. If the barclay manage all the functions and operations through an
internal control environment with the main view to limit the risk to acceptable residual
levels.
 Legal Risk: It states that risk of losses which araises from an failure which is
unintentional to meet a legal obligation to particular customer or from the desigh and
nature of product. In relation to barclay the risk of losses are damages, imposition of
penalties, fines from the failure from the barclay group to meet its legal obligations which
includes requirements of regulatory. Legal function helps the colleagues to find out and
set limits on legal issues.
 Conduct Risk: It refers to business risk that refers to the significant misconduxct of a
regulated firm asscociated with a firm, or any type of action that badly affects the
stability of market. In relation to Barclay financial services the risk related with the
market integrity, detriment to customers, compliance function makes the low standard
which offers oversight to control and monitor all these risk which are efficiently managed
where appropriate(Tian Wang and Li 2021).
Board Performance Assessment
This involves the evaluation of board role that ,aches a board efficient and effective in the
performance of adopting the practices of corporate social responsibilities. This includes the
perception of directors for the three essential roles and that is service, monitoring, and strategic,
which offers an effective tools and techniques for the critically understanding of how effectively
board add includes the value in shifting the organisation towards the more practises of Corporate
social responsibility. In Barclay financial services the board directors effectively utilize all
Corporate social responsibilities they add high value to the company. In Barclay financial
services the stakeholders is used to distinguish the influences of three main role on the adoption
of Corporate social responsibility(Xu and Ma 2021).The results represents that an significant mix
of directors and role and development of board controlling and monitoring role of services,
which are the most essential factor of corporate social responsibility. Basically the role of board

performance in ba clay financial services in applying and scheming the corporate social
responsibility. As it gives an useful insight to the company administrate themselves in the market
which is international. Due to this significant role done bot simplifying the corporate governance
system in ba clay financial services by controlling, monitoring, service role, strategic. Therefore
it states that corporate social responsibilities violations are decreases as a result of improving the
corporate social structure implementations (Yen and André 2019).
Role of board monitoring: This state that the role of board monitoring should be played by the
board in scrutinizing the actions of managers to protects them from the interest of stakeholders.
In Barclay financial services if increasing in the wealth of stakeholders as crucial standard for
estimating the performance of corporate and how well and effectively the board can further
facilitates the corporate performance. Additionally board are assess the companies performance
and chief executive officers of Barclay financial services. Recognizing the stakeholder's interest
and specialized proficiency in management controlling are the key factors of measuring the
efficiency of board. Emphasizing the director's role as agents helps the extensive interest ang
groups, confirmed that different civil society groups, corporates, supports in managing the social
issues which are directly related to companies. Peripheral components that have stipulated
confirmation that board are enthusiastic to confront management's verdicts on their behalf. It
states that board performance highly effects the overall operation and functioning of corporate
social responsibility of Barclay financial services(Zhou and Zhu 2019).
Board Recommendations:
The board, shall periodically through the human resource and remuneration, shall
continuously carry out a formal review of board performance, its committees and each and every
non-executive directors. The review shall includes obtaining the feedback from the each
directors and those corporate social responsibility people interacting with the committees and
board. There should be effectiveness of boards and each committee in meeting with the
requirements of its charter. Whether the each committee and board has members with an
significant mix of different skills and experience for the effective functioning in an organisation.
the contribution made by all directors at the meeting and carry out all their responsibility as
directors generally, including the preparing of meetings, whether the adequate time is being
alloyed to the corporate social responsibility matters, taking into an account of each directors
other commitments. The independence of each and every non-executive director, taking into the

account the directors interest. whether the format or content, timelines of agenda, presentations,
papers provided to the board and each and every committee are adequate for them to perform
properly their all the operations and functions lastly all suggestions and comments made during
the feedback process. The human resources and remuneration of Barclay financial services shall
review the performance of the managing director and also the other directors such as executive
as may be appointed. Corporate social responsibilities annual performance appraisal and salary
review in Barclay financial services evaluate the performance of each and every executive to be
evaluated against the pre-set targets.

CONCLUSION
It is concluded from the above report that corporates social responsibility is an essential part of
organisation. If the organisation takes social responsibilities and accountability that positively
impact on overall whole organisation. This report includes the various policies of corporate
social responsibilities, risk governance, board performance and board recommendation of
Barclay financial services. It gives a accurate vision to the Barclay financial services about with
help of CSR company performance in effective and efficient manner. Barclay can effectively
accomplish the insight by organising and controlling such different programmes for the
development of society as well as for their organisation.

REFERENCE
Books and Journals
Abbas, J., Álvarez-Otero, S. and Sal, M.S., 2021. The relationship between CEO duality and
business firms’ performance: the moderating role of firm size and corporate social
responsibility. Frontiers in psychology, 12, p.669715.
Ackers, B. and Grobbelaar, S.E., 2021. The impact of the integrated reporting framework on
corporate social responsibility (CSR) disclosures–the case of South African mining
companies. Social Responsibility Journal.
Agudelo, M.A.L., Johannsdottir, L. and Davidsdottir, B., 2020. Drivers that motivate energy
companies to be responsible. A systematic literature review of Corporate Social
Responsibility in the energy sector. Journal of Cleaner Production, 247, p.119094.
Appolloni, A., Cheng, W. and Huisingh, D., 2022. Aligning corporate social responsibility
practices with the environmental performance management systems: a critical review of
the relevant literature. Total Quality Management & Business Excellence, pp.1-25.
Chen, S., Hermes, N. and Hooghiemstra, R., 2020. Corporate social responsibility and NGO
directors on boards. Journal of Business Ethics, pp.1-25.
García‐Sánchez, I.M. and Martínez‐Ferrero, J., 2019. Chief executive officer ability, corporate
social responsibility, and financial performance: The moderating role of the
environment. Business Strategy and the Environment, 28(4), pp.542-555.
Jia, Y., Gao, X. and Fang, L., 2022. Managerial Labor Market Mobility and Corporate Social
Responsibility. Journal of Management Accounting Research.
Kuzey, C. and Karaman, A.S., 2021. Exploring the connections among CSR performance,
reporting, and external assurance: Evidence from the hospitality and tourism
industry. International Journal of Hospitality Management, 94, p.102819.
Pimentel Da Silva, G.D., 2021. Powering corporate citizenship: assessing corporate social
responsibility of hydroelectric companies in Canada. Impact Assessment and Project
Appraisal, 39(2), pp.127-137.

Rashid, A., 2021. Board independence and corporate social responsibility reporting: mediating
role of stakeholder power. Management Research Review.
Tian, M., Wang, T. and Li, X., 2021. Dual function of corporate social responsibility on R&D
strategy: Moderating effect of board interlock. Managerial and Decision
Economics, 42(6), pp.1492-1508.
Xu, S. and Ma, P., 2021. CEOs’ Poverty Experience and Corporate Social Responsibility: Are
CEOs Who Have Experienced Poverty More Generous?. Journal of Business Ethics,
pp.1-30.
Yen, T.Y. and André, P., 2019. Market reaction to the effect of corporate social responsibility on
mergers and acquisitions: Evidence on emerging markets. The Quarterly Review of
Economics and Finance, 71, pp.114-131.
Zhou, G.S. and Zhu, X.K., 2019. CEO tenure and corporate social responsibility
performance. Journal of Business Research, 95, pp.292-302.