Head of Climate Risk, Barclays
Billy is Head of Climate Risk for Barclays, a function created in 2020 to support Barclays’ ambition to become a net zero bank by 2050, helping to accelerate the transition to a low-carbon economy. He chairs the Transition to Net Zero working of the Bank of England Climate Financial Risk Forum.
Billy is responsible for developing Barclays’ climate risk methodologies and managing climate risk in the bank’s portfolio. He has led the development of BlueTrack™, Barclays’ methodology for measuring financed carbon emissions and tracking them at a portfolio level against the goals of the Paris Agreement and the development of Barclays’ methodology to assess the risk of the low carbon transition on its corporate lending portfolio. He also sits on the investment committee of Barclays’ £500m Sustainable Impact Capital, which invests in environmentally-focused early-stage companies.
Prior to his current role, Billy was Head of Capital and Leverage Management at Barclays, responsible for managing the bank’s capital position. He has had a long-standing interest in environmental issues, and led the launch of the Barclays Green Bond issuance programme in 2017, a first amongst UK banks. Since joining Barclays in 2005, Billy has held a number of roles in Markets, Portfolio Management and in the Treasury function, initially as Head of Securitisation and Asset Backed issuance. He started his career at JPMorgan, is a CFA Charterholder and graduated from ESSEC Business School in Paris.