Lumi X Tree
Darius Fernandes
Created on November 29, 2023
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Transcript
Building Skills in Young People to Drive Tangible Climate Innovation & Impact
CLIMATE ACTION QUESTS
Insurance companies today are confronted by unpredcedented change, driven by a wide range of factors.
Rewarding sustainable driving behaviors using telematics.
Extreme weather incidents resulting in model adaptation
Promotion of eco-friendly vehicles which have different risk profiles
Select Factors Impacting Auto Insurance Companies
High re-insurance pricing result in higher insurance premiums
Insurance companies are assesssing long-term changes that are needed to serve customers in a fast-changing and uncertain world.
"Insurance companies have a once-in-a-generation opportunity to catalyze an orderly transition to net zero emmissions through product and solution innovation." - McKinsey
AI and Digitisation Agenda
Reimagining Customer Value
Sustainability and ESG
Product innovation using vehicle temelatics
Promote safer and more sustainable driving practices
Climate change model adaptation and premium recalibration
Enhance customer experience from policy issuance to claims processing
Our Purpose
Backdrop
Democratise climate focused innovation by giving agency to the youth globally and by engaging all stakeholders to deliver tangible economic and environmental impact in a "win-win-win" fashion
Mission
Empower one million young individuals across the globe with the skills and connections needed to address today's and tomorrow's most significant sustainability challenges.
Vision
However..."The next 1,000 unicorns won’t be search engines or social media companies, they’ll be sustainable, scalable innovators e.g., startups that help tackle issues related to climate change" - Larry Fink, CEO Blackrock
Leading companies of our generation have been built around tech, design & entrepreneurship
Lumi collaborates with young people and corporates globally
- We run digital, scalable cohort-based Quests
- Supported by an AI-augmented online learning platform
- Participants produce novel tech-enabled innovations to global or business problems
- And develop Future of Work skills such as entrepreneurship, design and AI-readiness.
Lumi was conceptualised by a father & son duo in 2020
We run Quests that allow 10-25-year-olds to build future skills while solving real world problem such as climate change
The Quest: A structured design-thinking-led journey
Developed with Renowned Design-Thinking & Innovation Professor at Stanford University
Prof. Christopher Shen, Co-Founder of Lumi
Up to 10 participants/Quest
Live, facilitated sessions with inputs from subject matter experts
15
The Quests allow a company to tackle ten UN-SDGs simultaneously
Select Lumi Quest Topics
Shaping Sustainable Cities
UN-SDGs addressed through the Quests
Building a Fair World Equal for All
Let's reverse Climate Change
E-Waste: Junk to Jungles Quest(Coming soon)
We also co-develop bespoke Quests with select partners on topics of mutual interest
Product Platform
Lumi’s AI-enabled platform combines four things:
- Method: A Quest- an interactive design-thinking led curriculum-
- AI-assisted tools to enhance creativity and productivity
- People: Trained facilitators from top universities
- Platform: An engaging learning space that fosters collaboration
Best of Breed Tools
Community Led Engagement Platform
Measure & improve your green impact while competing with friends!
Click Screens For Demo
Our Quests have led to over 80 innovations from young people tackling various global issues locally, across 14 countries.
An interative curriculum building awareness on forms of equality!
Pre-ordered school meals to reduce food waste!
Allowing locals to deliver food to the elderly & disabled!
Win point & buy gifts for your virtual pet by taking shorter showers!
Offering grocers soon to expire food at discount - contributing a % to a good cause!
Connecting care homes with schools globally for learning, in a safe way!
Three 15 year olds
Three 17 year olds
Two 12 year olds
Five 11-15 year olds
Five 12-14 year olds
Two 13 year olds
Three 14-16 year olds
Five 11-14 year olds
Incentivising users to buy less food to reduce waste!
Each participant obtains a unique & personalised Future Skills Passport
Proprietary credential that tracks and showcases Quest outcomes, including key skills in:
Click for Demo
Entrepreneurship | AI | Design
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Accreditations & Recognition
Shorlisted Lumi within its Early stage investor conf. 2022
Showcased Lumi at the COP27 by The Commonwealth
Identified Lumi as an emerging provider in the Ed-Tech, 2023
Sacred Groves is a platform that enables environmentally sensitive individuals and companies to take meaningful actions in protecting our planet's biodiverse habitats
Protected Habitats
We secure biodiverse habitats and forests all over the world
1
1
We virtually divide them into Sacred Groves Clusters (SGCs)
2
Each Sacred Groves Cluster is assigned a unique ID
3
Each Sacred Groves Cluster can be protected for a fee by our Guardians
4
Lumi has joined hands with Sacred Groves as our Climate Action Partner
How Lumi and Sacred Groves can help reimagine your ESG journey
Run digital Quests involving young people from diverse backgrounds, in solving the issue of climate change.
Develop tangible innovations with young talent & involvement of employees for public good.
Deliver measurable outcomes that can be integral to your ESG report and gain your status as a Sacred Groves Guardian
1
2
3
How?
Who we can skill up and provide quests to:
Together, we can deliver measurable & tangible outcomes across four critical pillars that will support enduring success in these times
People
Planet
Purpose
Profit
# Young people impacted# Employees involved as volunteers, SMEs
# Innovations developed for public good # Inclusion of underserved and/or female participants# High Employee SAT
# Acres of conservation through Sacred Groves (SG)# Innovations chosen for further acceleration # SG Guardians created
# ESG impact on investors# Reputational impact# Talent impact
Key Metrics
We also deliver multiple and tangible benefits to each young person ("Luminary") who participates in a Quest
A tangible innovation they have founded and which can go further
An accredited Future Skills Passport showcasing their proficiency in AI, Entrepreneurship and Design and can serve asa lifelong learning companion
Recognition & Certification from Lumi as well as Sacred Groves
Case Study: Bupa
Lumi was selected by Bupa as a high potential start-up and was shortlisted for their Eco-Disruptive Inititive.
Past
Bupa sponsored 10 students to showcase innovations at Cheltenham Literary Festival
Pia Heidenmark Cook - A board member of Bupa was invited onto Lumi's podcast 'In Youth We Trust' as its first guest.
Become part of the healthy cities initiative, with Bupa sponsoring a City Quest for young people, delivering participants a skill passport.
Past
Present
Future
Examples of how leading institutions have collaborated with Lumi (select examples)
Talent upskilling collaboration with a Big Four to run a quest for apprentices to develop Cybersecurity innovations
Innovation and Impact-led collaboration with Nationwide to run Quests for underserved school students in NW England on the topic of Green Homes
Impact-led collaboration with Knight Dragon to run sustainability focused Quests for school students in the Greenwich Peninsula
Impact focused collaboration with a UK Bank to run Future Cities & Inequality focused Quests for school students in the UK
Showcased by The Commonwealth at COP27 as a high impact venture to empower young people on the topic of Climate change
A Big Four Accountancy Firm
Knight Dragon
Coming Soon
Impact & Outreach-led collaboration to run Quests with young people from the UK, India and Singapore and with deep involvement from employees
A Global Technology Co.
Talent-led collaboration to upskill apprentices and graduates with cutting edge future skills while solving sustainability challenges
A Leading Tech. & Financial Info. Company
How We Can Collaborate
Assesment of the pilot for scalability with an exclusive conversation with Prashant & Vikram to drive impact at scale.
3 ASSESS
Your choice of Quest SDG topics offered by Lumi relating to climate change and sustainable cities.
Pilot Quest for 30 young people in schools/ communities, children of employees or customers chosen by you.
1 CHOOSE
2 PILOT
Offering a 5 year partnership with clearly defined goals integrated into your company's ESG strategy on education, innovation, empowerment & impact.
4 SCALE
Leadership teams of Lumi and Sacred Groves
Prashant RaizadaFounder- CEO, LumiLondon
23+ year track record in 5 startups, incl. a $2bn exit. Recognised leader in global Ed-Tech
Dr Christopher ShenCo-founder & Chief Innovation Officer, Lumi, San Francisco
23+ years as VC, Stanford Professor & design thinking expert
Ethan GillTech Advisor, Lumi London
13+ years in software engineering at YouTube, Google and Deloitte
Ed-Tech & Multi-exit Entrepreneur
Design Thinking & Innovation
Technology & AI
Monisha KrishnaCo-founder , Sacred GrovesDubai
10+ years as Development Finance professional
Vikram KrishnaCo-founder, Sacred GrovesDubai
28+ years in Sustainability, Marketing and Retail Banking
Conservationist
Conservationist
Lord Henry BellinghamChairmanLondon
Knight, Former Member of Parliament, Former Barrister
Member of House of Lords
APPENDIX
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Institutions Lumi has worked with globally
The Foundation School Bangalore, India
St Ignatius School Enfield, UK
Dubai
Four international schools, South Korea
India
A Big Four Accounting Firm
Lumi will give our students a chance to work with students in other countries on important issues.. They cant do that anywhere and it will help them get into better colleges too, including in the US. - Hamilton School, Mexico
Customer Feedback & Reviews
I really enjoyed observing how ideas in both apprentice teams evolved session after session. A project like this shows that co-operation centered around design thinking is simply very productive.
- Cyber expert, Big Four Accounting Firm
We’re proud to be the first corporate partner to work with Lumi– an organisation giving opportunity for youth to be front and centre in tackling the most important global issues.
- Mark Brayton, Interim CMO Nationwide
There is a gap in the market to develop digital skills in young people from an early age. The Passport can be a new age credential for many young people from anywhere.
- Education & Skills Leader, top professional services firm
It is immensely encouraging that young people can come up with such well thought out solutions to complex global problems when given an opportunity through Lumi.
- Headmaster, Leading British School
Lumi is shifting the needle from assessment to skills and promoting peer-based learning. It's strength lies in augmenting rather trying to upend education
- Kosmo Kalliarekos, Global EdTech Leader & Lumi investor
- Senior Partner, Big Four Accounting Firm
Today it's become really difficult to differentiate between the thousands of graduates who apply to us. They have great degrees but they're missing real-world skills. Lumi is the way to help us pick them out.
Community Interest Company (CIC) No. 12481036— incorporated by the Registrar of Companies for England & Wales, UK.
About Sacred Groves
Governed by English Law.
Features of a CIC - specifically designed to create a sustainable social enterprise:
Asset Lock to protect the interests of the Guardians and communities. Periodic Community Interest Test by the Regulator.
Financial Model - 60% funds deployed for conservation, 40% operational expenditure.
Share Capital to be enhanced from £650,000 to £1M by March, 2024.
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