Entrepreneurs for Impact #214: Tim Weiss, Co-Founder & CEO at Optera – $25M for SaaS Managing Scope 3 GHG Emissions. Navigating New Climate Regulations. Practicing Mindful Leadership. Embracing Career Risks.
Optera provides a SaaS platform and consulting services to help enterprises manage carbon emissions, focusing on Scope 3 emissions. Their platform integrates operational and supply chain data to calculate and track emissions, helping clients to align with science-based targets, comply with regulations, and improve sustainability strategies. Optera supports auto, tech, and retail industries in decarbonizing their value chains and meeting emerging climate disclosure requirements.
Tim Weiss, co-founder of Optera, has extensive experience in renewable energy and emissions management. He has led initiatives in scaling solar technology in sub-Saharan Africa and now focuses on advancing enterprise-level decarbonization solutions through innovative SaaS and consulting models.
Here are six topics we covered:
Scope 3 Challenges: Managing Scope 3 emissions requires collaboration with suppliers and collecting primary data to address the largest and most complex portion of a company’s carbon footprint.
Optera’s SaaS Approach: Optera combines emissions tracking software with consulting expertise, offering tailored solutions for Scope 1, 2, and 3 emissions.
Benchmarking Value: Understanding performance relative to peers and industry standards is crucial for strategic decarbonization and regulatory compliance.
Regulations and Standards: New climate regulations, such as CBAM and California’s disclosure laws, are driving companies to adopt science-based targets and renewable energy strategies.
Climate Tech Resilience: Despite political shifts, the climate tech sector continues to grow, bolstered by mature technologies and strong market demand.
Leadership and Mindfulness: Tim emphasizes the importance of calculated risks, mindfulness practices, and outdoor activities to maintain balance as a leader.
🔗 PODCAST SHOW LINKS:
Optera Website: https://opteraclimate.com
Tim Weiss LinkedIn: https://linkedin.com/in/tim-weiss-123b5b1b
Book: The 15 Commitments of Conscious Leadership: https://www.amazon.com/15-Commitments-Conscious-Leadership-Sustainable-ebook/dp/B00R3MHWUE
Podcast: People I Mostly Admire: https://freakonomics.com/series/people-i-mostly-admire/
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🤔 PODCAST HOST:
Dr. Chris Wedding is the CEO of EFI (climate CEO peer groups), cofounder of Terraset (carbon removal), Senior Advisor at Javelin Capital (investment banking), Board member at World Tree (regenerative forestry), Board Advisor at DG Matrix (next-gen power electronics), Duke & UNC professor, ex-private equity investor, ex-investment banker, and occasional monk.