Barclays 2012 Annual Report Download - page 61

Committee composition, skills and experience
The Committee was established in August 2011 and during 2012 was
responsible for the oversight of Barclays conduct with regard to its
corporate and societal obligations and its reputation as a responsible
corporate citizen. The Committee was also responsible for:
 Reviewing and monitoring the effectiveness of Barclays citizenship
strategy, including the management of significant reputational,
social and environmental issues; and
 Ensuring the fulfilment of the Board’s objective to protect and
enhance the brand and reputation of Barclays and ensuring that
Barclays is Treating Customers Fairly (TCF).
From the end of January 2013, the Committee was renamed the
Board Conduct, Reputation and Operational Risk Committee.
You can obtain the Committee’s full terms of reference on the
corporate governance section of Barclays website.
During 2012, the Committee comprised two non-executive Directors
and the Chairman, who chaired the Committee. Membership of the
Committee is set out opposite, together with attendance at meetings
in 2012. Sir David Walker joined the Committee on his appointment
to the Board on 1 September 2012 and took over as Chairman of the
Committee on 1 November 2012. Tim Breedon joined the Committee
with effect from 1 February 2013 and Diane de Saint Victor joined the
Committee with effect from 1 March 2013.
Committee responsibilities and how they were discharged in 2012
The Committee met twice in 2012. The chart opposite shows how the
Committee allocated its time at those meetings. During the year, the
Committee conducted the following business:
 Reviewed the citizenship disclosure in the 2011 Annual Report;
 Received an update on Barclays citizenship strategy and discussed
the five-year citizenship plan;
 Reviewed the plans for the 2012 Barclays Citizenship Day;
 Reviewed the activities of the Global Investment Committee,
which manages Barclays community investment programme;
 Conducted in-depth reviews of regional citizenship activity in
Barclays businesses in the UK, US and Africa;
 Received updates on specific areas of focus such as supply
chain management, human rights, complaints and agricultural
commodities trading;
 Reviewed and approved Barclays reputational risk control
framework and policy; and
 Received an update on Barclays TCF agenda and discussed
the progress made against objectives.
Committee Effectiveness
The performance of the Committee was reviewed as part of
the Board Effectiveness Review. The review concluded that the
Committee had operated effectively, although it was recognised
that it was in its first full year of operation and its role and
responsibilties will become more defined in future.
Priorities for 2013
With effect from 31 January 2013, the Committee’s remit was
broadened to include conduct, reputation and operational risk and
it was renamed the Board Conduct, Reputation and Operational
Risk Committee. It will retain responsibility for oversight of Barclays
citizenship strategy. The Committee is expected to focus in 2013 on
developing Barclays approach to conduct risk in the context of the UK
regulator’s new focus on conduct risk and outcomes for consumers.
“ While retaining its responsibility
for oversight of Barclays citizenship
strategy, the Committee in 2013
will focus on developing Barclays
approach to conduct risk.”
Sir David Walker
Chairman, Board Citizenship Committee
Member Independent Meetings eligible to attend
Sir David Walkera
(from 1 September 2012)
On
appointment
Marcus Agius
(resigned 31 October 2012)
On
appointment
Dambisa Moyo Yes
Sir John Sunderland Yes
Lawrence Dickinson Secretary
Attended Did not attend
Note
a Member of the Committee since 1 September 2012, becoming Chairman
from 1 November 2012.
2012
1 Citizenship strategy 39
2 Reputation Issues
(including reputation risks) 11
3 Regional Citizenship activities 18
4 Policy and Business issues
(including conduct issues) 29
5 Other 3
Board Citizenship Committee allocation of time %
1
2
3
5
4
Board Citizenship Committee Report
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