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Responsible investing statement

Barclays Wealth Management is committed to understanding our investors’ needs. If you’re an investor, we know that fundamentally you want your investments to achieve attractive financial returns. But a growing number of our clients want to achieve more.

With growing concerns over climate change, geopolitical uncertainty and structural inequality, as well as the stability of financial markets, we remain committed to acting in the best long-term interests of our clients and wider stakeholders.

Since 2016, our asset management entity (Barclays Asset Management Limited) has been a signatory of the United Nations' Principles for Responsible Investment. This global, collaborative network of investors incorporates environmental, social and governance (ESG) factors into its investment and ownership decisions. Our commitment to integrate ESG factors into our own decision-making aligns with our long-term investment horizon and our investment process.

This commitment doesn’t detract from our duty to act in the best long-term financial interests of our clients. In this fiduciary role, we believe that ESG issues can affect the performance of investment portfolios (to varying degrees across companies, sectors, regions, asset classes and through time).

Additionally, Barclays Wealth & Investments is a signatory of the UK Stewardship Code. This Code sets out a number of principles and guidelines designed to improve the ways that institutional investors interact with the management of companies in which they invest. We primarily use third-party asset managers in our investment process and when we choose them we assess their approach to responsible investment and stewardship, and encourage them to be aware of the Code.

An increasing number of institutions and individual investors share our desire for investments that have a positive impact on the world.

We aim to improve sustainability by engaging directly with our third-party managers on the topic and lobbying for broader reporting standards and further regulatory change.

Voting records

The voting records reflect the vote recommendations of our voting and engagement provider, rather than those that were cast. This is because we don’t always vote in line with their recommendation.

It’s also possible, but rare, for vote recommendations in the current voting report and previous ones not to have been executed due to operational issues.

If you want to view a voting record from before the current year, you can ask your usual Barclays contact for this.

We look to ensure that the information included in the voting records is accurate, up to date and complete, but we don’t accept liability for any information that isn’t, or which has been superseded. If you use or rely upon the information in the voting record, this is at your own risk, and nothing published in it is intended to constitute advice.

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