Giant Leap's Portfolio Impact Highlights FY22

Showcasing the environmental and social outcomes from our portfolio in FY 2022
November 16, 2022
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Giant Leap

Giant Leap backs mission driven founders solving our most pressing environmental and social challenges, with the aim of demonstrating their incredible potential and encouraging more founders, investors and enthusiasts to jump into the space. 

We’re incredibly proud to share this report showcasing the highlights from our portfolio in FY 2022, and hope it will inspire more people to take the leap.

Summary

Depth. We assessed the depth of impact of our portfolio companies using the Impact Management Project framework, managed by Impact Frontiers, finding that more than half the portfolio sat in the deepest category for impact, “Contribute to Solutions”. For more information about how we classify companies, check out our impact calculator here.

Breadth. The portfolio is a diverse group of companies solving an exceptionally diverse array of problems, contributing to 9 of the 17 Sustainable Development Goals

Impact. The portfolio collectively generated the following measurable impact metrics:

  • Avoided more than 54,000 tonnes of CO2e emissions, equivalent to almost 12,000 cars off the road for a year
  • Diverted over 1,100 tonnes of organic and textile waste from ending up in landfill
  • Supported over 120,000 women in the workplace through implementation of fairer workplace policies
  • Helped more than 2,500 people access work through education or reduction in hiring bias
  • Saved over $42 million for the healthcare system by reducing avoidable hospitalisations 
  • Improved the wellbeing of over 20,000 people, with particularly focus on mental wellbeing

Diversity. We are proud to have released our FY23 Diversity, Equity & Inclusion Policy this year. As part of that policy, we set targets for the diversity of our portfolio founders and reported the following figures this year:

  • 58% of companies are women-led businesses* (target of 60%)
  • 35% of companies are racially or ethnically diverse-led businesses** (target of 25%)

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*Giant Leap defines women-led to mean that at least one member of the founding team identifies as a woman.
**Giant Leap defines an ethnically and racially diverse-led company as having at least one member of the founding team identifying as racially or ethnically diverse.

If you would like to invest with us in Fund II, check out our investor page.

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