What does it take to tackle corporate emissions and align sustainability with business success? In this episode, Ty Colman, Co-Founder of Optera, dives into the critical role of Scope 3 emissions in combating climate change. You’ll learn how businesses can begin their sustainability journey using accessible data, collaborate with suppliers, and create scalable solutions to drive meaningful environmental impact.
We also explore how businesses can leverage operational technologies and regulatory compliance to reduce costs, manage risks, and strengthen supply chains. From actionable steps for addressing emissions hotspots to the transformative potential of renewables, Ty offers valuable insights to help organizations navigate the complexities of sustainability.
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What You’ll Learn in Today’s Episode:
- The importance of Scope 3 emissions in combating climate change.
- How to use accessible data to start your emissions journey.
- Effective collaboration strategies with key suppliers.
- The role of regulations in driving sustainability efforts.
- Practical steps to reduce supply chain emissions.
- The benefits of addressing emissions hotspots.
- How Optera’s tools simplify emissions management.
- Breakthroughs in operational technologies like renewables.
- Misconceptions about emissions data accuracy.
- Why sustainability is both a cost-saving measure and a business driver.
Timestamps:
- 00:00:07: Introduction and welcome
- 00:00:18: Ty’s passion for efficiency
- 00:00:56: Ty’s outdoor hobbies
- 00:01:39: Ty’s background and upbringing
- 00:03:04: Early career and consulting experience
- 00:03:58: Founding of Point 380 and its evolution
- 00:04:11: Role and responsibilities at Opterra
- 00:04:28: Early days of emissions reporting
- 00:06:19: Consulting as a great entry point into the industry
- 00:07:46: The shift from consulting to software
- 00:09:54: Goals and mission of Opterra
- 00:11:05: The importance of supply chain data
- 00:12:15: GHG protocol alignment
- 00:13:04: Introduction to Scope 3 emissions
- 00:14:45: Overcoming data challenges in Scope 3
- 00:16:11: Strategies for data collection and supplier engagement
- 00:19:42: Role of software in managing supply chain emissions
- 00:20:39: Carrots and sticks in supplier engagement
- 00:21:57: Supplier Roadmaps and Organizational Benefits
- 00:24:01: Regulatory Landscape and Future Outlook
- 00:26:47: U.S. and European Regulatory Impact
- 00:30:02: Key Roles in Data Management
- 00:32:08: Driving Supply Chain Decarbonization
- 00:34:01: Supplier Reluctance and Financial Impacts
- 00:38:01: Misconceptions About Data Accessibility
- 00:39:23: Innovations and Energy Technology Preferences
- 00:41:16: Resources and Industry Publications
- 00:42:40: Definition of Success
- 00:44:24: Discussion on common goals and overlap in work
- 00:44:38: Conclusion and thanks
Resources In Today’s Episode:
- Gareth Evans: LinkedIn
- Dan Roberts: LinkedIn
- VECKTA: News
- Ty Colman: LinkedIn | Website
- GHG Protocol
- CDP
- SEC
- WWF
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