Zinc has invested in Unibloom, a startup dedicated to empowering organizations to meet sustainability goals through innovative climate and financial modeling solutions.

Information on the Target

Unibloom is an innovative startup focused on empowering large and mid-sized organizations to achieve their sustainability goals. Founded by Anna Sandgren and Vineet Ahuja, who met as part of Zinc's fifth venture-building cohort, Unibloom is driven by the ambition to address the environmental impacts seen across various industries. With Anna's extensive experience of 25 years in business expansion and operations at Unilever, and Vineet's decade-long expertise in software engineering at Bloomberg, they are exceptionally equipped to build a robust team and develop the necessary technology to tackle the formidable challenges posed by climate change.

Industry Overview in the Target's Specific Country

The sustainability sector is rapidly evolving, particularly as organizations face increasing pressure to demonstrate credible climate action. Currently, a mere four percent of companies have effectively financed and transparent climate action plans, according to the climate non-profit CDP. This shortcoming represents a significant business risk, with reports indicating that consumer goods firms could see operating income diminish by up to 50 percent by the year 2030 if they fail to implement effective strategies.

Furthermore, survey findings from Deloitte highlight that 69 percent of employees prefer their employers to invest in sustainability initiatives. This expectation is