Company Directory - Barclays
Company Details - Barclays
Barclays
Barclays is a British multinational investment bank and financial services company.
CCI Score
CCI Score: Barclays
-25.19
0.01%
Latest Event
Barclays Reaffirms Commitment to Diversity Amid DEI Rollback
In response to shifting diversity and inclusion policies exemplified by the Bank of England’s decision to drop new diversity rules, Barclays' leadership highlighted an unwavering commitment to inclusion, setting a positive example in contrast to broader industry trends that mirror rollback tendencies influenced by authoritarian political agendas.
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ACCOMPLICE
Barclays is currently rated as an Accomplice.
Latest Events
- MAR122025
In response to shifting diversity and inclusion policies exemplified by the Bank of England’s decision to drop new diversity rules, Barclays' leadership highlighted an unwavering commitment to inclusion, setting a positive example in contrast to broader industry trends that mirror rollback tendencies influenced by authoritarian political agendas.
- FEB062025
Data from OpenSecrets shows that Barclays has engaged in extensive political contributions and lobbying activities—including a notable revolving door phenomenon where 8 out of 9 lobbyists previously held government positions. These practices raise concerns about undue influence and the potential to support policies that undermine democratic accountability, contributing indirectly to authoritarian dynamics.
-60
Political Contributions and Lobbying Efforts
March 26
Barclays has significant involvement in political contributions and lobbying. OpenSecrets data indicates nearly $980,000 in lobbying expenditures in 2024 and highlights the revolving door with 8 out of 9 lobbyists having held government positions. This level of political spending and the close ties between former government officials and Barclays elevate concerns about the company’s impact on democratic processes and the rise of authoritarian influences.
-40
Executive Political Engagement
March 26
The high incidence of former government officials among Barclays' lobbyists implies a deep level of executive political engagement, raising concerns regarding the influence of these entrenched relationships on policy-making. Such practices can facilitate regulatory capture and the promotion of policies that undermine democratic norms.
- FEB012025
Barclays demonstrates responsible and transparent public policy engagement through clearly defined guiding principles such as integrity, accountability, and transparency. Their approach to coordinating legislative priorities across regions reflects an effort to align business objectives with ethical public policy practices that oppose authoritarian influence.
+75
Public and Political Behavior
March 26
Barclays' public policy engagement is characterized by a set of robust guiding principles emphasizing integrity and transparency. This proactive approach in coordinating and overseeing public policy advocacy serves as a positive counterbalance to the forces of authoritarianism. Their commitment to ethical behavior and accountability in formulating and expressing public policy positions creates a constructive model that supports democratic values and opposes authoritarian practices.
- JUL012024
Barclays has been recorded holding 40 meetings with high-level EU Commission officials from 2014 to 2024, raising concerns over its influence in policymaking and potential support for authoritarian policies.
-40
Political Contributions and Lobbying Efforts
March 26
LobbyFacts data shows that Barclays engaged in numerous meetings with high-level EU officials, indicating extensive lobbying efforts. From an anti-fascist perspective, such political engagement can lead to undue influence over policy, possibly supporting authoritarian practices. The frequency of these meetings raises concerns about transparency and the potential to undercut democratic processes.
- JUN142024
Barclays has been accused of being complicit in actions against Gaza civilians due to its substantial financial investments and loans that allegedly aid military activities. Critics argue that the bank’s business practices and economic collaborations raise serious ethical concerns by indirectly facilitating repressive state actions.
- NOV282023
Barclays announced the layoff of 900 UK jobs as part of a cost-cutting and restructuring measure, a move strongly criticized by the Unite union for undermining workers' rights and welfare.
-60
Labor Relations and Human Rights Practices
March 26
Barclays' decision to cut 900 jobs to streamline operations and boost profits, as reported, reflects a disregard for labor welfare. The abrupt notification of job losses and the union's labeling of the move as 'disgraceful' underscore a pattern of prioritizing financial efficiency over the rights and security of employees. Such practices contribute to an environment where corporate interests outweigh human considerations, aligning with broader concerns over complicity in authoritarian business practices.
- SEP122023
Barclays, a leading financial institution, announced plans to lay off over 450 employees, prompting severe criticism from the Unite union. The decision, made despite record profits, is seen as a disregard for worker rights during an economic crisis.
-60
Labor Relations and Human Rights Practices
March 26
Barclays' decision to lay off more than 450 workers during a period marked by significant corporate profit and a cost-of-living crisis undermines labor rights and worker security. Criticism by the Unite union underscores concerns about the company's ethical responsibility and treatment of employees, reflecting a broader pattern of prioritizing cost-cutting over human welfare.
- SEP122023
Barclays' decision to cut over 450 staff has drawn strong criticism from union Unite, which labeled the action as 'unnecessary and unjustified'. This move raises serious concerns about the company's commitment to workers' rights and ethical labor practices.
-80
Labor Relations and Human Rights Practices
March 26
The decision to lay off over 450 employees, which union Unite has condemned as unjustified, reveals a troubling disregard for labor rights. This move undermines the well-being of workers and reflects a broader pattern of neglecting ethical labor practices, contributing to corporate behavior that can be seen as complicit in systems that marginalize vulnerable populations.
Alternatives
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10.36
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-12.46
Corporation
40.91
Corporation
-25.44
Tokyo, Japan
23.10
Paris, France
4.66
New York, United States
-14.91
New York City, United States
-23.98
New York, United States
-26.32
Industries
- 522110
- Commercial Banking
- 524126
- Direct Property and Casualty Insurance Carriers
- 523110
- Investment Banking and Securities Dealing
- 523120
- Securities Brokerage
- 523930
- Investment Advice
- 523920
- Portfolio Management