Company Directory - Bloomberg Barclays
Company Details - Bloomberg Barclays
Bloomberg Barclays
WebsiteA leading financial data and analytics company that provides indices, including bond indices.
CCI Score
CCI Score: Bloomberg Barclays
-15.35
0.07%
Latest Event
Barclays Political Contributions and Lobbying Activities Revealed (2024)
The OpenSecrets profile details Barclays' significant political influence, with $413,666 in contributions and $980,000 in lobbying expenditures during the 2024 cycle. Such financial engagement raises concerns about the company’s role in shaping policies that may support authoritarian practices.
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ENABLER
Bloomberg Barclays is currently rated as an Enabler.
Latest Events
- DEC312024
The OpenSecrets profile details Barclays' significant political influence, with $413,666 in contributions and $980,000 in lobbying expenditures during the 2024 cycle. Such financial engagement raises concerns about the company’s role in shaping policies that may support authoritarian practices.
-50
Political Contributions and Lobbying Efforts
March 23
The data shows that Barclays allocated substantial funds both in political contributions and lobbying. Spending $413,666 on contributions and $980,000 on lobbying in 2024 demonstrates a deep engagement in influencing political processes, potentially undermining democratic oversight and bolstering authoritarian tendencies.
- NOV282024
A female director has filed a lawsuit alleging sexual harassment, hostile work environment, and retaliation at Barclays Bank Delaware. The case underscores potential systemic failures in upholding labor rights and fostering an inclusive workplace, raising serious concerns about the company's ethical responsibility and treatment of employees.
-80
Labor Relations and Human Rights Practices
March 23
The lawsuit alleges that female director Aloma Holsten experienced sexual harassment, a hostile work environment, and retaliation by her superior, with multiple complaints to HR being ignored. This reflects a significant failure in labor relations and human rights practices, undermining the company's ethical responsibility and contributing indirectly to broader oppressive and discriminatory structures.
Barclays Sued by Female Director Claiming Sex Bias, Retaliation
- FEB202024
Barclays Group released a comprehensive Statement on Human Rights outlining its commitment to upholding labor rights and ethical supply chain practices. The document details robust policies for employee treatment, free association, and stringent screening of third-party providers to prevent forced labor and other human rights abuses.
+80
Labor Relations and Human Rights Practices
March 23
The statement demonstrates a strong commitment to labor rights by outlining policies that support free association, fair labor practices, and proactive measures in addressing human rights risks. Such commitments indicate a positive stance against exploitative practices and authoritarian tendencies that undermine workers' rights.
+75
Supply Chain Ethics
March 23
The document also addresses supply chain ethics by specifying rigorous standards for Third Party Service Providers. Barclays commits to screening and engaging with suppliers to ensure compliance with international human rights guidelines, mitigating risks of forced labor and exploitation.
- OCT012023
Barclays has implemented a transparent and accountable public policy engagement framework that emphasizes ethical behavior, integrity, and oversight. With clearly articulated principles such as accountability, legitimacy, and transparency, the company demonstrates a commitment to aligning its public policy activities with democratic values and resisting the manipulation often exploited by authoritarian regimes.
+70
Public and Political Behavior
March 23
Barclays’ public policy engagement framework prioritizes ethical behavior, integrity, and transparency. The company’s adherence to guiding principles such as accountability, legitimacy, consistency, and transparency minimizes the risk of undue political influence and opposes authoritarian practices.
+65
Executive Political Engagement
March 23
The active involvement of senior leadership, including the Group Head of Strategic Policy and Board oversight, ensures that Barclays' public policy initiatives are conducted with robust internal controls and ethical oversight. This executive engagement underpins the company's commitment to responsible political practices and democratic accountability.
- APR142023
A group of Black investment bankers, primarily from Cameroonian backgrounds, have accused Barclays Plc of fostering a racist culture, including stereotyping and denying promotions, reflecting broader systemic issues in labor relations and human rights practices.
-80
Labor Relations and Human Rights Practices
March 23
The article details allegations that Black bankers at Barclays were subjected to racial stereotyping and discriminatory practices, resulting in denied promotions and marginalization. Such treatment undermines labor rights and human dignity, aligning with broader patterns of oppressive workplace behavior that can be complicit in authoritarian and fascist structures. This negative evaluation highlights the company's failure to uphold ethical labor practices and human rights standards.
Black Barclays Bankers Held Back by Racist Attitudes, Court Told
- FEB152022
An investigation by the UK’s Information Commissioner's Office revealed that Barclays engaged in extensive employee monitoring practices, raising serious concerns about worker privacy and labor rights. The probe highlighted the unauthorized use of intrusive surveillance tools which evoke authoritarian management practices and undermine the principles of workplace privacy.
-40
Labor Relations and Human Rights Practices
March 23
The investigation into Barclays' use of employee monitoring tools reveals a significant disregard for labor rights and personal privacy. Such intrusive surveillance practices not only violate GDPR principles but also mirror authoritarian tactics of control in the workplace. This behavior undermines the ethical treatment of workers and contributes to an environment of exploitation and oppression.
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