#156 Digitizing Supply Chains, Finding the Right Investors & an Oversubscribed Round, Important Materials in Climate, & More w/ Leise Sandeman (Pathways)
Feb 15, 2024
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Founder and CEO of Pathways, Leise Sandeman, discusses digitizing supply chains for environmental impact analysis. Topics include decarbonizing construction materials, identifying climate-friendly materials, finding the right investors, and the challenges in the built environment sector. Insights on sustainability, material innovation, and the importance of transparency in climate-friendly solutions.
Materials are crucial in construction costs and emissions, needing focus in climate discussions.
Pathways simplifies environmental analysis by automating data collection processes for sustainability.
Tech innovation for heavy industry decarbonization faces challenges in attracting talent and visibility.
Deep dives
Importance of Prioritizing Materials in Environmental Impact Analysis
Focusing on materials' environmental impact is crucial as they contribute significantly to emissions. The podcast highlights the need for attention on materials in climate discussions. Materials play a key role in construction costs and decarbonization challenges. Tools like Pathways aid in identifying materials for cost-effective and sustainable outcomes in the built environment.
Challenges Faced by Material Manufacturers in Environmental Analysis
Material manufacturers often struggle with manual creation of life cycle analyses. Existing methods involve time-consuming processes, exhaustive data collection, and external consultants. Pathways aims to simplify and automate this process using AI technology. Manufacturers face the burden of complex environmental compliance requirements, such as generating environmental product declarations.
Technology's Role in Streamlining Material Environmental Impact Analysis
Pathways addresses the inefficiencies in material environmental analysis by introducing data-driven automation. The platform streamlines the collection and processing of environmental data from invoices and data systems. By reducing manual efforts, insights on climate impacts are generated faster, shifting the process from months to days or weeks. The focus extends beyond carbon measurement to encompass broader environmental factors for a comprehensive assessment.
Challenges in Building Tech for Heavy Industry Decarbonization
Building tech for heavy industry decarbonization faces challenges like lack of interest due to limited PR visibility of manufacturing companies, making tech building for them less enticing. Companies innovating within this space struggle to attract talent despite their significant impact on decarbonization efforts.
Navigating Data Collection and Implementation for Life Cycle Analysis
Data collection involves integrating supplier, transportation, and manufacturing process data, often existing in company data lakes. Utilizing advanced models helps extract and structure this information efficiently, enabling a simpler platform for life cycle analysis and aiding supply chain managers in decarbonization efforts.
In this episode, Somil and Silas chat with Leise Sanderson, founder and CEO of Pathways. Pathways is an AI platform that simplifies environmental impact analysis for the materials and manufacturing supply chain.
I’m a built environment junkie, so this was…really fun. Materials are the main cost driver of construction which means they will be especially difficult to decarbonize. Tools like Pathways make it easier to identify which materials will help maintain cost-parity. Major potential for a big emitter like construction and the built environment.
----- Topics: **01:28 Introduction **03:18 What is a Life Cycle Analysis **06:12 Environmental Product Declarations **09:02 Deciding to Start a Company **21:24 Finding a Co-founder **30:48 Growing Interest in the Built Environment **44:47 Landing the First Customer **46:50 Receptiveness of Manufacturing Industry **47:50 Building Relationships Across Differences **53:39 What Attracted Investors **55:27 Navigating an Oversubscribed Round **58:45 Building Audacious Goals **59:36 Reflecting on the Journey
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