NEW YORK--(BUSINESS WIRE)--Today, Unreasonable Group and Barclays released a new report highlighting the remarkable accomplishments of the Unreasonable Impact program from the first three years of the partnership. Co-founded in 2016, this unique accelerator supports growth-stage entrepreneurs, whose ventures have the potential to employ thousands worldwide while solving some of the most pressing global social and environmental challenges.
Thus far, Unreasonable Impact has supported 94 companies that have created 20,067 net new jobs since joining the program and that positively impact the lives of more than 187 million people.
Social and environmental impact highlights:
- 28,809,607 tons in total greenhouse gas emission reduction;
- 142,281,585 people have gained access to affordable, reliable, and modern energy services;
- 3,283,350 products sold with improved use of natural resources and/or sustainable sourcing and production; and
- 275,099,648 kilograms of waste diverted by prevention, reduction, recycling and/or reuse.
Read the full report here.
Commenting on the collaborative experience and the important messages that the report shows, Joe McGrath, Global Head of Banking at Barclays said: “We are continuously inspired by the entrepreneurs in this partnership and proud that our colleagues around the world continue to support the companies as they deliver real impact in communities every single day. We are privileged to be on this journey with our partners at Unreasonable Group and look forward to growing this community into the future.” Following the first three transformative years of Unreasonable Impact, Barclays has committed to supporting more than 250 high-impact businesses through the program by the end of 2022.
“Unreasonable Impact represents one of the fastest growing portfolios of sustainable ventures in the world,” Daniel Epstein, founder and CEO of Unreasonable Group said. “This report shows what we’ve known all along, that with support, entrepreneurs have the ability to help define the progress of our time and bend history in the right direction. We are grateful to the entrepreneurs for their incredible work, and the entire team at Barclays for their foresight in forging this global partnership.”
Several entrepreneurs share their stories as a fellow Unreasonable Impact company in the report. “The ten days spent at Unreasonable Impact is like nothing you can comprehend,” Steven Dring, co-founder and CEO, Growing Underground said. “It will change your life and that of your business. Thank you Barclays and Unreasonable Group.”
“Unreasonable Impact offers a world-class program that is filled with some of the most inspiring people I’ve ever met, from the mentors and financial experts from Barclays to all of the entrepreneurs taking part,” Dr. Jennifer Holmgren, CEO, LanzaTech said. “It has been three years since my first encounter with Unreasonable Impact, and the LanzaTech team has benefited immensely from the very deliberate opportunities for support and collaboration that have arisen from this partnership.”
Notes to Editors
About Unreasonable Impact
Unreasonable Impact is carefully designed to support growth-stage ventures with advice and guidance from a global community of world-class mentors and industry specialists, including experts from across Barclays, and begins with intensive two-week programs held annually in three distinct regions: the Americas, UK and Europe, and Asia Pacific. The next program will take place in September 2019 in Singapore and Malaysia.
For further information about Unreasonable Impact, please www.unreasonableimpact.com
Barclays is a transatlantic consumer and wholesale bank offering products and services across personal, corporate and investment banking, credit cards and wealth management, with a strong presence in our two home markets of the UK and the US.
With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 83,500 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.
For further information about Barclays, please visit our website www.barclays.com
About Unreasonable Group
Unreasonable’s mission is to drive resources to and break down barriers for entrepreneurs solving key global challenges (i.e. ensuring renewable energy reaches the 1.3 billion people currently without electricity, reimagining the future of healthcare, or addressing the global unemployment crisis). Through running worldwide immersive programs, a globally-oriented private equity fund, an extensive network of over 300 serial business leaders as mentors, and advanced storytelling and media activities, Unreasonable is designed to exclusively support entrepreneurs positioned to solve society's toughest problems. For more information about Unreasonable, please visit www.unreasonablegroup.com.