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

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: