Climate & ESG Perspective

At Lumir, we believe that Climate & Environmental, Social, and Governance (ESG) factors lead to superior business outcomes

Our companies and the impact they make

Scopio Labs is a revolutionary company that delivers dramatically improved patient outcomes. Scopio automates the analysis of tens of thousands of cells at a time – far more than any human can quantify, bringing dramatically earlier detection and diagnosis of cancers, infections, and other diseases, expediting patients’ access to better care and life-saving treatments.

Remote diagnostic healthcare has grown in the last decade, with subfields like teleradiology enabling experts to review images from anywhere in the world. The Covid-19 pandemic has accelerated this trend of doing as much as possible remotely. Scopio brings the remote-work revolution to hematology and cell morphology, enabling a new subfield of telehematology and delivering a dramatic impact on the world’s Sustainability.

Gloat is making a tangible impact on the Social aspects of the ESG framework and considerations. Gloat’s industry-leading Workforce Agility platform leverages AI (Artificial Intelligence) to incorporate skill-to-opportunity mapping, neural networks, and anti-bias mitigation to match individuals to opportunities within a company. It allows workers to connect to “gigs” in a different functional area from their team and to meet up with mentors from a separate office or geography or better understand the right upskilling and reskilling initiatives to help them realize their ideal career path.

Gloat unlocks thousands of hours of productivity for Fortune 500 companies. Not only does this mean that a company uses its existing workforce more efficiently, raising productivity, but it also brings opportunities to people who may never have had them. It, therefore, results in increased employee satisfaction with career and development opportunities, as shown in employee surveys.

Assured Allies is a company focused on empowering insurers to create a new generation of retirement products with long-term care protection. Rapid aging around the world presents an unprecedented set of challenges to sustainability: shifting disease burden, increased expenditure on health and long-term care, labor-force shortages, dissaving, and potential problems with old-age income security. Assured Allies has the potential to become a major player assisting insurance carriers with legacy blocks of long-term care (LTC) business while simultaneously offering solutions to address the fast-growing and very unprepared aging space in the US market.

Weka - a leading deep tech company that is revolutionizing the Distributed File Systems Object Storage category and, by doing so, paving the way for sustainable infrastructure.

As enterprise AI takes off and data generation increases exponentially, unstructured data is growing rapidly. According to IDC, the amount of data created, copied, and consumed grew from 2 zettabytes in 2010 to 97 in 2022 and will rise to over 180 by 2025. This massive amount of data means exponentially increasing energy usage, and technologies must be sought to limit the impact on energy consumption. Data centers currently consume 2% of global energy (equivalent to Australia); and by 2030, this could be ~8% of global energy use. This means that companies must process and manage data in the most effective manner. Weka's software solution is able to deliver up to 50x improved performance compared to best-of-breed technologies, drastically reducing energy usage.

Imubit is a testament to innovation's power to create real, lasting environmental impact.  This machine learning pioneer is transforming industrial plants, optimizing operations for maximum efficiency, and minimizing environmental footprints.

Imubit’s revolutionary platform, globally deployed across sectors such as oil and gas, chemicals, and refining, is defining a new era of sustainable industry practices. It has demonstrated considerable energy savings, product quality enhancements, and, crucially, substantial emissions reductions.

One noteworthy case study from the United States highlights how Imubit empowered a major refinery to save over $10 million annually through enhanced energy efficiency and yield optimization. This illustrates the impressive potential for reducing energy consumption by 10-20% and cutting annual CO2 emissions by hundreds to thousands of metric tons.

Lumir is proud to invest in Imubit's vision for a sustainable future, showcasing how technology and ESG principles can converge to shape a greener, more sustainable world. is on a noble quest - to empower people and organisations to make smarter decisions influenced by weather data. The reach of extends beyond the realm of weather forecasting. Anchored by a deep-seated care for the planet and its future, it actively participates in the fight against climate change. As a signatory of the UN Global Compact, is responsible for championing the Sustainable Development Goals (SDGs) and bolstering worldwide initiatives to tackle climate change. is committed to its Environmental, Social, and Governance (ESG) goals, demonstrating this commitment in several key areas:

Reducing Greenhouse Gas Emissions: equips customers with tools to shrink their carbon footprint. By leveraging weather data, businesses can optimise energy consumption, transportation, logistics, and agriculture activities. Renewable energy providers, for instance, can forecast production and demand, enabling them to balance their grid and avoid needless curtailment.

Facilitating Climate Adaptation and Resilience:'s predictive tools help customers prepare for, and respond to, extreme weather events such asfloods, droughts, wildfires, hurricanes, and heatwaves. Early warning systems, impact analyses, and emergency response tools help mitigate the risks and damage from climate change.

Backing Social Causes and Nurturing Communities: Through its nonprofit arm, TomorrowNow, endeavours to aid vulnerable communities in adapting and prospering in a changing climate. Partnering with private, public, and NGO entities, it addresses pressing climate adaptation challenges such as early locust warnings and resilient agriculture.

Magnus Metal is catapulting an ancient technology into the digital age – and the world will be better off for it. This transformative feat of engineering improves efficiencies, minimises environmental footprints, and enables significantly safer working environments in the metal casting industry.

Magnus Metal’s process involves robotics and highly concentrated induction heating to precision drip layers of molten metal into a ceramic mould, effectively creating metal parts layer by layer. Its unique, software-driven system produces 20% stronger parts for 67% less raw materials and energy, generating safer products while reducing inputs and slashing costs. The material and energy savings lead to a reported 50% reduction in emissions which could save substantial carbon dioxide from being released into the atmosphere at scale.

Magnus Metal’s use of robotics in its digital casting system results in 70% process automation, significantly reducing personnel’s exposure to toxic fumes, molten metals, explosion risk, and extreme working conditions as compared to traditional casting.

Magnus Metal's fusion of tradition and technology exemplifies the power of ingenuity in driving efficiency, sustainability, and safety moving forward.