Barings has partnered with Change Please, a coffee company which trains the homeless community as baristas to open a number of permanent coffee kiosks across a number of central London underground stations. In addition to providing barista training, Change Please supports its trainees with accommodation, mental wellbeing and pays the Living Wage.
The first coffee kiosk opened this Thursday at Goodge Street Station. Staffed by the homeless, the site is the first in central London and has the backing of TfL and the Mayor of London.
Since 2010 the number of rough-sleepers in London has doubled, and, with Barings' support, Change Please is on a mission to challenge these statistics. This is the first collaboration between Change Please and Barings, and the companies plan to continue to work together to open further Underground sites, and change more lives as a result.
We hope that our partnership will make a positive impact on the lives of the homeless community in London. By providing training, accommodation and pay at the Living Wage, Change Please aligns with our goals of being an active and engaged member in the community and advancing economic and social mobility for our underserved communities"
"Homelessness is at a record high and we all want to help but don't know where to begin. For that reason we're so pleased Barings chose to partner with Change Please, working closely with us to make this central London site possible. Now commuters can buy award-winning coffee and know they're making a difference to the homeless situation," Cemal Ezel, founder of Change Please, said.
Located to the left of Goodge Street Underground entrance, the Barings' Change Please kiosk will serve a range of gourmet coffees, hot drinks and snacks.
Thomas Finke, Chairman and CEO Barings, added: "We hope that our partnership will make a positive impact on the lives of the homeless community in London. By providing training, accommodation and pay at the Living Wage, Change Please aligns with our goals of being an active and engaged member in the community and advancing economic and social mobility for our underserved communities. We look forward to rolling out additional coffee kiosks and supporting this initiative further."
Change Please was launched in 2015 with the help of Virgin StartUp, and a partnership with The Big Issue. The social enterprise empowers the homeless community to rebuild their lives with its, ‘hand up, not a hand out' model - training them to become coffee baristas and eventually supporting them back into the workplace in similar roles. Barings currently has $303+ billion of AuM.