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HRH The Prince of Wales visits entrepreneurs at Barclays Eagle Lab, London

  • Visit shines spotlight on businesses aiming to tackle global sustainability challenges

His Royal Highness The Prince of Wales made a trip to Barclays’ Eagle Lab in Notting Hill London, with the University of Cambridge Institute for Sustainability Leadership (CISL), to meet entrepreneurs making waves in technology and sustainability.

The Prince of Wales has been an environmental leader for over 40 years and is Patron of CISL, which works with business, government and finance leaders to deliver change towards sustainability. CISL’s Banking Environment Initiative brings together some of the world's largest banks to lead the banking industry in collectively directing capital towards environmentally and socially sustainable economic development. Today in Notting Hill, His Royal Highness was able to meet entrepreneurs behind rapidly growing businesses, aiming to solve fundamental global issues through financial and green technology.

The companies were in Barclays Eagle Lab (powered by Fab Lab London) - an incubator space for entrepreneurs in the bank’s former cheque processing centre. They included; Budi Pay - who created a payment app for rural towns in India to access their money easily, Desolenator – a social enterprise behind solar powered water purification technology, and Everledger- a company that created a digital ledger to track and protect diamonds and other valuable items. Also in attendance were Halotrade - a company combining blockchain technology, mobile apps and supplier financing to drive sustainable and transparent global supply chains, Squirrel - a financial wellbeing platform helping people regain control of their finances and Yagro - a platform to help farmers achieve financial sustainability.

In addition to meeting businesses, His Royal Highness was shown laser cutting and 3D printing - technologies helping businesses to rapidly prototype their ideas and reduce transport emissions and material consumption. The visit prompted a pledge from Barclays - offering guaranteed desk space in its Eagle Labs across the country - for companies working on green and sustainable initiatives specifically.

The visit was followed by a CEO dinner that Barclays helped to convene, together with other global banks of the Banking Environment Initiative (BEI), to discuss collaboration that would more powerfully harness technology-driven innovations in finance to help solve societal challenges.

Notes to editors

About the University of Cambridge Institute for Sustainability Leadership

The University of Cambridge Institute for Sustainability Leadership (CISL) brings together business, government and academia to find solutions to critical sustainability challenges. Decisions of the BEI do not represent the policies or positions of CISL or the wider University of Cambridge.

 

About the Banking Environment Initiative

The Chief Executives of some of the world’s largest banks created the Banking Environment Initiative (BEI) in 2010. Its mission is to lead the banking industry in collectively directing capital towards environmentally and socially sustainable economic development. The BEI is hosted by the University of Cambridge Institute for Sustainability Leadership. BEI members include: Barclays, BNP Paribas, BNY Mellon, Deutsche Bank, Goldman Sachs, Lloyds Banking Group, Northern Trust, RBS, Santander, Standard Chartered and Westpac.

 

About Barclays

Barclays is a transatlantic consumer, corporate and investment 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 130,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.

For further information about Barclays, please visit our website www.home.barclays .