Barclays plc — Ethics Grade D+

Barclays plc receives an overall ethics grade of D+ (32/100) on CancelCo's corporate accountability database. Sector: Financial Services. Market cap: Large Cap.

Category scores

• labor: 50
• privacy: 45
• consumer: 25
• environment: 15
• humanRights: 35

Documented incidents (3)

• LIBOR rate-rigging scandal (high, 2012) — First bank fined in LIBOR scandal—$453M for manipulating benchmark rates that affect mortgages and loans worldwide.
• Europe's biggest fossil fuel banker (high, 2023) — Largest European bank financier of fossil fuels, providing $167B+ since the Paris Agreement despite net-zero pledges.
• Overissuance of securities (high, 2022) — Fined $361M by SEC for selling $17.7B more in securities than authorized, in one of the largest such errors.

Documented good deeds

• LifeSkills program — Reached 26M+ people through LifeSkills financial and digital literacy programs since 2013.

Ethical alternatives

• Nationwide Building Society — UK mutual building society owned by members, not shareholders. No fossil fuel project financing.