The Circular Future - A Quantum Lifecycle Partners podcast

22. Navigating Decarbonization: A Business Imperative

Feb 8, 2024

Exploring the urgency of decarbonization in businesses, from quantifying emissions to navigating regulations. Insights on carbon footprints, role of different departments, and practical advice for getting started. Emphasizing the need for comprehensive strategies aligned with business goals and engaging the supply chain in emission reduction efforts.

32:27

Episode guests

Erika Shiller

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Episode notes

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Quick takeaways

Decarbonization is a pressing business priority that requires immediate action to initiate the process.

Businesses are progressing at different stages of decarbonization, from measuring emissions to focusing on renewable energy implementation.

Deep dives

ClimbCo's Impact on Global Emissions Reduction

ClimbCo, a sustainability-focused organization, has quantified over 1% of global emissions through their sustainability reporting and carbon footprinting efforts. Their projects have resulted in the generation of over 30 million tons of carbon emissions reductions and avoidance since 2009. Specializing in industrial decarbonization, ClimbCo focuses on challenging emissions sources to make a significant impact on reducing carbon footprints.

Introduction

4min

Decarbonizing Businesses: Challenges and Trends

7min

Decarbonization Initiatives Across Organizational Departments

17min

Engaging Supply Chain in Emission Reduction and Market Incentives for Decarbonization

2min

Preparing for a Decarbonized Future: Education, Measurement, and Adaptation

3min

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Joining Stephanie McLarty in this episode is Erika Shiller, Senior Vice President of Project Development at ClimeCo. Their conversation explores the urgency of decarbonization and how businesses can approach it.

It discusses the current state of business decarbonization, including the range of progress among different companies. The conversation also provides an overview of decarbonization regulations and the importance of emissions reporting. It delves into the accounting of carbon footprints for products and the impact of decarbonization on different departments within organizations. The role of carbon capture in decarbonization is explained, along with practical advice on getting started, making the business case, choosing key performance indicators, and staying informed about decarbonization trends and technologies. The conversation concludes with a call to action for business managers and leaders to start taking steps towards decarbonization.

Takeaways

Decarbonization is an urgent priority for businesses, and the time to start is now.
Businesses are at different stages of decarbonization, with some just starting to quantify their emissions and others focusing on niche areas like renewable energy.
Regulations and policies around decarbonization vary by region, with some countries implementing carbon taxes and others providing incentives for reduction.
Emissions reporting is crucial for understanding and reducing carbon footprints, including scope 1, 2, and 3 emissions.
Carbon capture can be a bridging solution for emissions-intensive industries, but it should be used strategically where other decarbonization options are limited.
To start decarbonizing, businesses should measure their emissions footprint, make a business case for decarbonization, choose relevant key performance indicators, and stay informed about decarbonization trends and technologies.

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Want to be a guest on The Circular Future podcast? Email Sanjay Trivedi at strivedi@quantumlifecycle.com

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The Circular Future - A Quantum Lifecycle Partners podcast

22. Navigating Decarbonization: A Business Imperative

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

ClimbCo's Impact on Global Emissions Reduction

Business Progress in Decarbonization Efforts

Future Directions in Climate Regulations and Reporting

Remember Everything You Learn from Podcasts