Women in Leadership and Return on Disability Team
Investment Bank and Legal, US and UK- The team pioneered the development of diversity-focused investment products with the intent of catalysing social change through the public markets. In a first for the industry, the Barclays Women in Leadership Index and Exchange Traded Notes (ETNs) track and provide investors with exposure to US-based public companies with gender-diverse executive leadership and governance. The team also launched Return on Disability ETNs, which provides investors with exposure to US-based public companies that have acted to attract and serve people with disabilities. Very few channels exist for clients looking to make investments in gender and disability-related products, helping to establish Barclays as a leader in diversity-focused investment products. The products are expected to scale over the coming years as investors are increasingly looking for ways to invest in socially-responsible themes. Watch the video to find out more (new window).
Supplier Diversity Team
Operations and Technology, Investment Bank, PCB Corporate, PCB Wealth and Legal, Singapore, UK and US - Barclays’ Supplier Diversity Day provided a platform for UK-based diverse suppliers to be considered for contracting opportunities and receive specialised knowledge from our banking and legal teams. After months of preparation, the cross-continental effort engaged colleagues in Singapore and London who interviewed more than 90 diverse suppliers from across the supplier diversity spectrum – small and medium-size enterprises and companies majority owned, controlled and operated by women, ethnic minorities, people with disabilities and LGBT entrepreneurs. The goal was to qualify prospective diverse suppliers for potential contracting opportunities with Barclays – or to expand opportunities for those already doing business with us. Working with the Business Units and Group Legal, the team introduced six masterclasses with the theme ‘From Micro to IPO’. The objective of the masterclasses was to help the entrepreneurs think about ways of using banking and finance to grow their businesses. The classes covered Mergers and Acquisitions, Intellectual Property, VAT, Debt Financing, Equity Financing (IPOs) and Wealth Management. Some of the businesses that attended the event have been invited to compete in request for proposal competitions, others have received contracts. The most prominent success was the awarding of a global contract to a woman-owned business that was invited to participate in an RFP immediately after the event. Watch the video to find out more (new window).
Team School Café
Barclaycard, Legal, Operations and Technology and Risk, Germany - Strengthening youth employability is vital to economic growth. For the past two years, the team has helped students in Hamburg set up and manage a social enterprise – their school cafe. A group of 11 Barclaycard colleagues have been involved in the project since its inception, dedicating more than 70 hours to help students build their strategic, marketing, legal, PR and financial skills. The team’s efforts have been instrumental in helping young people understand what it takes to run a profitable business. The café is now open daily, making 700 Euros in the second year of operation. In recognition of the partnership’s success, Barclaycard Germany recently received the ‘School Award’ from the Hamburg Chamber of Commerce. Watch the video to find out more (new window).
PCB Corporate Banking, UK - Juliet led the team to create an innovative financing solution for Kano, a fast-growing tech company that produces low cost build-your-own-computer kits, which teach young people how to code. Despite a successful launch and a proven track record of their management team, Kano was not established enough for Barclays to lend to. Juliet recognised the company’s potential and strategically balanced its interests and priorities with that of Barclays’, to leverage a risk guarantee from the Barclays’ Social Innovation Facility. This enabled Kano to secure a working capital facility, helping it to scale quickly and make the product accessible to new markets. As a result, Kano’s kick-starter campaign has raised more than $1.5m with 13,000 backers. Kano’s revenue has also surpassed expectations, with projected sales figures at 54,000 units in 2015. Watch the video to find out more (new window).