Unreasonable Impact | Scaling the Green Economy: Our Impact at Work 2023

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Scaling the Green Economy: Our

Impact at Work 2023

Meet Unreasonable Impact

Unreasonable Impact is a partnership between Barclays and Unreasonable Group which supports high-growth entrepreneurs that seek to address pressing social and environmental challenges by connecting them with a network of mentors and industry specialists, including experts from across Barclays.

Through regional accelerators, at which the entrepreneurs can engage with this network, and other virtual and in-person events, the Unreasonable Impact programme is designed to help participating entrepreneurs to build strategic relationships and quickly solve key challenges facing their business in order to help them scale.

With billions in financing already raised by the companies that have participated in the programme, the partnership’s momentum continues to grow – and the ventures are driving innovations in a variety of industries from food and agriculture to energy and manufacturing.

Portfolio Overview

310 companies have joined the Unreasonable Impact community


$11.8B+ in funding raised*

$7.2B+ in revenue generated*


370M+ lives positively impacted by the goods and services of these companies.

61M+ units of products with sustainable features sold.

The companies have 25,000 full time employees (FTE) around the world.

Since the inception of Unreasonable Impact, the ventures have created 9,100 net new jobs.

At least one year after completing the programme, over 60% of the companies reported job growth.

89M+ metric tonnes of GHG emissions reduced as a result of their products and services.

670M+ kgs of waste avoided or diverted from landfills.

*Metrics are cumulative since company founding


What would a world look like in which our global economy is built upon a foundation of renewable energy, materials and agriculture that is both efficient and regenerative?

A world in which we have adapted to the radical shifts brought upon us by globalisation and digitisation to shape a more socially inclusive economy. Imagining that world we all want for all our children helps us realise the vital importance of supporting leaders who are actively engaged in building that world today.

The challenges we face in the world are immense and varied. The COVID-19 pandemic has accelerated these beyond anything we could have imagined. Although 2023 global unemployment dropped to the lowest level since the start of the pandemic, average hours remain below their 2019 pre-pandemic levels, weighing on the overall available labour input and causing labour market imbalances. While labour market imbalances eased in 2023, there are concerns that these imbalances are structural, rather than cyclical, in nature. Predictions point to a labour market that is set to deteriorate with global unemployment projected to stand at 190 million in 20241. We desperately need to counterbalance this disruption with job creation in a green economy that is low carbon, resource efficient and socially inclusive.

Unreasonable Impact focuses on leaders that are working on breakthrough solutions to our world’s greatest problems. We are betting on them to transform our world. It’s a powerful theory of change. From tackling food waste

FOREWORD 1 ILO’s World Employment and Social Outlook Trends 2024
Chairwoman of Unreasonable Group

with cutting-edge AI, developing clean energy from our sun, and even creating the world’s first air-based meat, brilliant solutions to urgent problems exist, but they are not easy to scale at speed.

True disruption is ignited when the innovation of startups collides with the expertise, scale and financial strength of large enterprises; and how those sparks have flown through the six years since the partnership launched. Since 2016, Unreasonable Impact has supported more than 300 ventures across the world who now collectively employ over 25,000 people and are positively impacting over 370 million people around the world.

It’s exciting to see Barclays’ creative courage, input and impact in supporting entrepreneurs, accelerating the creation of thousands of new jobs. Never before have I seen so many people move so swiftly to support purpose-led leaders to take action. The Unreasonable Impact partnership serves as a catalyst to educate and inspire the next generation. It’s a partnership like no other, and here’s to the progress we’ve made so far, and to the future we all know is possible.


On establishing Unreasonable Impact in 2016, our aim was to create a global community of growth-stage entrepreneurs, each with a goal to seek to address some of the world’s most pressing social and environmental challenges. Together with Unreasonable, at Barclays, we are proud to have built that community, and of the


impact the partnership continues to make in driving sustainable business growth.

The Unreasonable Impact entrepreneurs and CEOs are at the forefront of innovation, developing solutions and technologies to drive progress in areas such as renewable energy, transportation, sustainable agriculture, manufacturing and more. As these businesses grow, so too can their impact and their potential to create thousands of new jobs.

After achieving our goal to support 250 ventures by the end of 2022, we are planning to support an additional 200 entrepreneurs over five years through the programme, and we’re honoured to be on this journey with Unreasonable. With a deep understanding of the entrepreneurial journey, and the tools that can support their growth, Unreasonable are key to the programme’s success, and complement the collective expertise, mentorship, and business connections that we can provide at Barclays.

Our partnership with Unreasonable allows us to further our commitment to champion innovation and sustainable growth. By supporting businesses to grow, we hope to build a stronger and more inclusive economy that’s better for everyone.

We’re excited for the next chapter of the programme and to continue to collaborate with this growing community of inspirational leaders.


Global Co-Head of Capital Markets, Barclays


Supporting ventures to maximise impact

Working with large-scale enterprises, Goodr provides technology solutions for businesses to reduce food waste and combat hunger. With the help of Barclays, Goodr’s CEO, Jasmine Crowe-Houston, has been able to streamline the business. Now Goodr is also servicing Barclays’ corporate cafés in New York and New Jersey. In doing so, Goodr is helping Barclays channel surplus food to those in need. To date, Goodr has served more than 30 million people in need and diverted over 12 million pounds of food and organic materials from landfills – and it’s wellpoised to grow exponentially.

About the programme


Unreasonable Impact invites growth-stage companies who are already wielding the most effective solutions to world problems. They have financing, staff, and revenue. Entrepreneurs are handpicked to join the programme based on their companies’ ability to scale, solve social and environmental problems, and spur job growth.


Each programme is highly curated and shaped around the entrepreneur’s critical business needs – from growing company culture to shifting regulatory marketing to expanding to new markets and scaling manufacturing. With both virtual and in-person components, many of the sessions are designed to activate deep connections between the entrepreneurs and curated members of our global network.


After the programme, each entrepreneur becomes part of the Unreasonable Fellowship. It consists of successful entrepreneurs, Fortune 100 C-suites, industry experts, and global funders. With their own go-to relationship manager, fellows receive lifetime support to help their companies to scale.


Since it started, Unreasonable Impact has engaged more than 2,500 Barclays colleagues, who have shared their expertise as mentors and advisors. From connecting them to clients to offering industry insights, Barclays mentors have helped guide and grow these growthstage ventures to maximise their impact on the world.

The power of technology

Unreasonable’s custom-built platform leverages technology to encourage entrepreneurs, mentors, and funders to connect and support one another on an ongoing basis. This digital ecosystem allows them to make warm introductions, post in the multi-channel forum, and stay up-todate with a real-time newsfeed. It also allows the partnership to track the entrepreneurs’ impact and progress over time.


Air Protein: Making meat from air

REGION Americas
ENTREPRENEUR Dr. Lisa Dyson Co-Founder & CEO
SECTOR Carbon capture

World’s first

air-based meat

Investors include Google Ventures, ADM, Barclays & Unreasonable Collective

Winner of Davos World Economic Forum Technology Pioneer award

It was space travel that inspired scientist Dr. Lisa Dyson to create an unusual climate solution: protein made from air, which can be grown inside a tank instead of using valuable land. Air Protein is crafting the world’s first air meat – by using cultures, water, renewable energy and elements found in the air.

Launched in 2019, Dyson based the technology on research carried out by NASA in the 1960s, which explored ways to feed astronauts on long space journeys. One proposal was to make food by combining microbes with the carbon dioxide (CO2) that the astronauts were breathing out, but the concept was never proven by NASA.

Agriculture and land use are major sources of greenhouse gas emissions. Air Protein’s process is naturally low in emissions, helping restore the atmosphere and renew the planet. The California-based startup is in advanced stages of the regulatory process required to bring its products to market, and is working to scale up its technology and bring its products to consumers within the next couple years.

“Unreasonable Impact exceeded all my expectations. They have created a quality network of changemakers who work together to advance the missions and impact of the entrepreneurs in their programme.”
DR LISA DYSON Co-Founder & CEO, Air Protein

H2GO Power: Zero-emission hydrogen energy


Enass Abo-Hamed Co-Founder & CEO


REGION UK & Europe


67% lighter than equivalent battery counterparts

100+ megatonnes of CO2 saved yearly

400K metric tonnes of net greenhouse gas emissions reduced

Access to reliable electricity is often not possible, either grid extensions are too expensive or diesel is too costly to use and transport. H2GO Power is a pioneering cleantech company that develops and delivers smart hydrogen energy storage technology for zero-emission, reliable power supply, with AI driven end-to-end software solutions for a range of commercial applications. H2GO Power is revolutionising hydrogen storage solutions to dramatically reduce costs by as much as 50%.

Co-founder & CEO, Enass Abo-Hamed, has over a decade of research and business experience in hydrogen production, renewable energy, and energy storage. Passionate about climate entrepreneurship, she is also a member of the Advisory Board at BeyondNetZero’s General Atlantic Growth Fund.

In 2022, H2GO Power secured £4.3 million from the UK Department of Business Energy and Industrial Strategy (BEIS) to deploy its state-of-the-art commercial-scale hydrogen storage technology to bring greater energy security and reliability to the electrical grid of Scotland’s Orkney Islands. The initiative could displace up to 7,500 gallons of diesel and 90 tonnes of CO2 annually.

“I had a fantastic experience joining the Unreasonable Impact programme. It has the most awesome people and community. The support, advice, and mentorship provided during the programme and since have been very valuable.”

ENASS ABO-HAMED Co-Founder & CEO, H2GO Power

ListenField: Crop and Soil Management SaaS


Rassarin Chinnachodteeranun

Founder & CEO

SECTOR Agricultural technology

REGION Asia Pacific


Operations in 6 countries

50K+ clients and farmers using the technology

Can data analysis improve crop growth, development, and yield while reducing the impact on our environment? That’s what Rassarin Chinnachodteeranun was investigating when she was a student. After finishing her PhD, she started ListenField in 2017 to take her research into practice.

The company provides affordable crop and soil management solutions for agri-food companies, and uses a mobile app tool called FarmAI. Besides monitoring, the software also acts as a service, giving practical advice to improve soil conditions and crop performance. Thus, FarmAI enables farmers to produce more while reducing the environmental footprint of agricultural production.

Agricultural Information

Kubota is the strategic partner and investor of ListenField. The company is a global team of 20+ people from nine different countries serving corporate clients, mainly in Asia Pacific.

UNDP Low Carbon Award and R&D Award by the Japanese Society of
"The network of Unreasonable Impact exceeded my expectations. All the mentors share their experience without hesitation. What I also like is the sense of safety to be open and vulnerable among the fellows who joined the cohort."

UPSIDE Foods: Making real meat from animal cells

Valeti Co-Founder & CEO SECTOR Food technology

100% renewable energy in their facility

$400M series C funding

39% of management identifies as female

UPSIDE cultivates meat, poultry and seafood from real animal cells, a more sustainable and humane way of producing the meat we love. Its first product will be chicken, and UPSIDE can use a small amount of cells to cultivate the same amount of poultry that ordinarily would come from hundreds of thousands of traditionally farmed birds. At scale, it’s projected that UPSIDE’s cultivated meat will use 77% less water and 62% less land than conventional meat.

Co-founder and CEO, Uma Valeti, built UPSIDE on the belief that we shouldn’t have to choose between the meat we love and a thriving planet. In 2022, UPSIDE received the green light for its cultivated meat from the FDA. The milestone marked a major step towards a new era in meat production.

The company’s $400M Series C is the largest funding round ever raised for cultivated meat, it has the support of worldclass investors such as Bill Gates, Sir Richard Branson and Whole Foods. Pending USDA approval, UPSIDE plans to share its first products with consumers soon.

"The Unreasonable Impact team is very missionfocused and always has positive energy. I have made long-term relationships with other CEOs and gained a lot of new ideas for my business growth."

Project Etopia: Creating future eco-cities



SECTOR Sustainable construction

REGION UK & Europe

Joseph Daniels

4 continents with net-zero buildings

7.8K metric tonnes of net greenhouse gas emissions reduced


Eco Initiative of the Year at The Resi Awards

Project Etopia is at the forefront of inventing all-in-one solutions for a more sustainable, efficient, affordable, and resilient approach to net zero carbon home building. They are doing this by producing sustainable building systems that enable contractors, developers, and housing providers to deliver net zero carbon homes that are built to last.

Joseph Daniels was motivated to start Etopia after periods of homelessness during his adolescent years. The company’s motivation is to “give people the opportunity to own their own home. Homes that are future-proof, cost effective to run and with technology that is cutting edge.”

Founded in 2017, Etopia began building homes in the UK, and over the last four years has expanded internationally, building in Saudi Arabia, the USA and Namibia, with around 200 homes built to date. Etopia was named as the first-ever carbon neutral house builder by the UN’s Climate Neutral Now initiative. With the goal of building a million homes every year, Etopia can save six million tonnes of CO2 from the atmosphere.

"Unreasonable Impact is simply that. Unreasonable. It focuses on core technologies and organisations that will undoubtedly change the world. Having now expanded to our fourth continent, my vision was always to change the landscape of homes and energy forever. An unreasonable task for most but unreasonably impactful."

Lithium Urban Technologies: sustainable urban mobility


Sanjay Krishnan, Founder & CEO

SECTOR Transportation

REGION Asia Pacific


6.5M litre of fuel saved

90 new full time employees

Winner of World Economic Forum’s Technology Pioneers Award

Delhi is one of the most polluted cities in the world, but Lithium Urban Technologies seeks to change that. As India’s largest zero emission corporate transport service, Lithium is a pioneer in sustainable urban mobility, operating the most productive electric vehicle (EV) fleet globally. Founder and CEO Sanjay Krishnan was instrumental in launching India’s first organised taxi service, another stepping stone to realising his vision.

In 2020, Lithium formed a partnership with another Unreasonable Impact venture, Fourth Partner Energy, to set up solar-powered EV charging infrastructure across the country under a joint venture, laying the groundwork for the company’s growth.

Lithium’s recent partnership with Tata Motors will deploy another 5,000 electric vehicles in India, a significant leap towards faster adoption of electric vehicles in the shared mobility space.

Barclays is utilising Lithium’s electric vehicle fleet to transport colleagues to its offices in Pune and Noida. Since 2015, Lithium has supported a reduction of 50,000 metric tonnes of greenhouse gas emissions.

“A life-changing opportunity to make lifelong friendships with an outstanding group of gifted individuals pursuing their passions. Nowhere else would you find people creating such an impact on humanity. From artificial blood, launching satellites to developing urban farms, they are changing the way we live, commute, work and play for a sustainable future.”


Over the course of Unreasonable Impact, the partnership and many

In 2019, TIME recognised five Unreasonable ventures in its 100 Best Inventions of the Year Heatworks, Semtive, ECOncrete, AeroFarms, and Huue were celebrated for helping to make the world a better place.

The World Economic Forum has welcomed many Unreasonable ventures into its Technology Pioneer community: Avant Meats, Banyan Nation, Greyparrot, Natural Fiber Welding, Air Protein, Alesca Life, Full Harvest, and TIPA.

Five brilliant ventures have been recognised on the Forbes 30 Under30 list: Kuli Kuli, Via Separations, Huue, C16 Biosciences, and Project Etopia.

AeroFarm, LanzaTech, Global and Farms: what ventures common? been recognised Fast Company’s Most Innovative Companies


many fellows have achieved key business milestones. Below is just a snapshot…

AeroFarm, Semtive, LanzaTech, SOURCE and 80 Acres what do these ventures have in common? They’ve recognised as Company’s Innovative Companies.

In 2021, Unreasonable Impact was named Partnership of the Year at the Reuters Responsible Business Awards, alongside Best Environmental Programme (bronze) at the Corporate Engagement Awards.

In 2022, Unreasonable Impact received an honourable mention in Fast Company’s World Changing Ideas for its work on extending collaboration grants to ventures addressing issues exacerbated by COVID-19.

Ventures 44.01 and S4S Technologies have won the Earthshot Prize in 2022 and 2023 for their carbon capture and agriculture innovations, respectively. Finalists have included LanzaTech’s carbon recycling technology and Aquacycl’s wastewater management solutions.

Daniel Epstein, CEO of Unreasonable Group, at Barclays in London, speaking to mentors and advisors for the Unreasonable Impact programme.

The power of an unlikely partnership

I’m truly humbled to be reflecting on the amazing strides Unreasonable Impact has made since its inception in 2016. Ventures in the Unreasonable Impact Portfolio now collectively employ over 25,000 people and are positively impacting 370 million people around the world. At Unreasonable, we focus our efforts on “scaling what works,” and this is clearly working. Together with our friends and partners at Barclays, we’ve become an R&D engine, helping address the global unemployment crisis by scaling up entrepreneurs worldwide.

But this is just the beginning. I continue to say… yes, business is business. But more than anything, business is people. The greatness of what we achieve will be dictated by the quality of relationships we have with the people around us. Our partnership with Barclays reflects our shared belief that high-growth entrepreneurial solutions are best primed for scale when supported by a major corporation that is able to accelerate growth. Barclays is deploying its existing expertise and its most valuable resources – its colleagues – to make a positive impact on society by supporting these incredible ventures.

Through ongoing, meaningful collaboration, Unreasonable Impact is not only creating a better tomorrow, it’s helping build a connected, vulnerable, powerful, inclusive, and influential global community – a diverse community of individuals dedicated to creating tangible, lasting, and intercontinental change.

Thank you to everyone who is making this critical work possible.

“The reasonable person adapts themselves to the world; the unreasonable one persists in trying to adapt the world to themselves. Therefore all progress depends on unreasonable people.”
42 Learn more by visiting unreasonableimpact.com @unreasonable #UnreasonableImpact
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