22. Navigating Decarbonization: A Business Imperative

The Circular Future - A Quantum Lifecycle Partners podcast

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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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Chapter

1. Introduction and the Urgency of Decarbonization (00:00:00)

2. The Current State of Business Decarbonization (00:03:20)

3. Overview of Decarbonization Regulations (00:05:15)

4. Accounting for Carbon Footprint of Products (00:09:16)

5. Approaching Decarbonization and Setting Goals (00:12:05)

6. Understanding Carbon Capture and its Role in Decarbonization (00:16:14)

7. Making the Business Case for Decarbonization (00:22:09)

8. Choosing Key Performance Indicators (KPIs) for Measurement (00:24:01)

9. Staying Informed about Decarbonization Trends and Technologies (00:26:16)

10. Conclusion (00:31:46)