IT HAD A CLIMATE THE FIGHT FOR
CHANGE IS THE WORLD'S BETTER
OFF BECAUSE YOU'RE CALM BUT HE
IS IN IT THAT'S THE QUESTION
POSED BY OUR NEXT GUEST HAS
CLIMATE INITIATIVES HANG IN THE
BALANCE IN CONGRESS LOOKING
CORPORATE LEADERS DO TO HELP
COMBAT CLIMATE CHANGE.
WELL THERE'S IN-HOUSE BY
CHANGING COMPANY POLICIES OR
SWITCHING TO ENVIRONMENTALLY
FRIENDLY MANUFACTURING
PACKAGING
AND SHIPPING CORPORATE LEADERS
CAN NO LONGER COMFORTABLY
ASSUME THEY CAN STAND ON
THE SIDELINES WHEN IT COMES TO
CLIMATE ACTION THAT'S WHY WE DO
THE SHOW JOINING US NOW THE
AUTHORS OF NET
POSITIVE PAUL COLEMAN FORMER
UNI-LEVER CEO AND WINSTON
SUSTAINABILITY EXPERT
GENTLEMEN, WELCOME TO THE SHOW
SUCH A PLEASURE TO TALK TO BOTH
OF YOU. PAUL START WITH YOU HOW
IMPORTANT IS IT TO GET THAT C
SUITE INVOLVED IN THESE CLIMATE
RELATED INITIATIVES.
>> WELL IT ABSOLUTELY CRUCIAL
AND TODAY I WOULD ARGUE THEY'VE
PLAYED A CRUCIAL
ROLE IN PARIS TO GET THE PARIS
AGREEMENT IN 2015 WE HAD 1800
BUSINESS
PEOPLE THERE MAKING
OVERWHELMINGLY
CLEAR THAT THAT BUSINESS IS
REQUIRED SO CLIMATE ACTION AND
THAT THE COST OF NOT ACTING
WOULD BE
SIGNIFICANTLY IRE. WE'VE SEEN
COVID KNOW AND THE COST
OF COVID MAKING US REALIZE THAT
THE COST OF INACTION IS HIGHER
NOW THAN THE COST
OF ACTION. BUSINESSES, 65% OF
THE GLOBAL ECONOMY, 80% OF THE
FINANCIAL FLOW, 90% OF TO
JOB CREATION. IT HAS TO GET
BEHIND IT AND IT HAS TO GET IN
FALSE WAS TECHNOLOGY
WAS RESOURCES WAS MONEY
OTHERWISE WE SIMPLY CAN'T GET
THERE THESE ARE CHANGES OF
MAJOR
MAJOR MAGNITUDE.
>> AND LIKE I MENTIONED YOUR
SUSTAINABILITY EXPERT WHERE
SOME PROGRAMS AND POLICIES THAT
BIG COMPANIES MEGA CORPORATIONS
GET PUT INTO PLACE
THAT WILL MAKE A DIFFERENCE
WHETHER IT'S IN-HOUSE OR JUST
PRODUCT IN MANUFACTURING.
>> WELL, I MEAN THE FIRST STEP
IN A WAY IS TAKING OWNERSHIP
FOR THE PROBLEM AND
UNDERSTANDING WHAT YOUR
FOOTPRINT IS WHAT YOUR CARBON
IMPACT IS UP AND DOWN YOUR
VALUE CHAIN YOUR SUPPLIERS TO
YOUR PRODUCTS JUST
UNDERSTANDING THAT IS THE FIRST
STEP IN SETTING REALLY BIG
GOALS AND WE'RE SEEING A LOT OF
TECH GIANTS LIKE MICROSOFT
AND GOOGLE SET INCREDIBLY
AGGRESSIVE GOALS ABOUT
CUTTING CARBON AND THEN THE HOW
I MEAN REALLY DEPENDS ON THE
BUSINESS RIGHT SO THERE'S
SOMETHING THERE'S ALWAYS EASY
WINS IN MANUFACTURING FOR
CUTTING ENERGY. THERE'S FLEET.
I YOU KNOW OPTIMIZATION THERE'S
ALL THESE DIFFERENT WAYS THAT
COMPANIES CUT BUT I THINK
THE THE FOCUS IN A WAY OF OUR
BOOK IS ON PARTNERSHIPS AND I'M
THINKING IN MUCH BIGGER
SYSTEMIC TERMS AND HELPING TO
CHANGE POLICY HOPING TO GO AND
SIT DOWN WITH THE POLICY MAKERS
AND CHANGE THE SYSTEM SO
EVERYBODY IS REDUCING
THE FOOTPRINT.
>> PAUL SPEAKING OF BIG
CORPORATIONS WHO ARE THE FORMER
CEO OF UNI-LEVER A
MAJOR MAJOR CORPORATION WAVING
BIG BUSINESSES CAN DO TO WORK
WITH THE GOVERNOR WITH THE
GOVERNMENT AND OTHER AGENCIES
TO FOCUS MORE ON THESE CLIMATE
RELATED POLICIES.
>> WELL WHAT IS VERY CLEAR
SAYING BE THE MAJOR CHANGES
THAT NEED TO HAPPEN BECAUSE WE
ARE COMMON JUNKIES WE FRANKLY
DON'T KNOW HOW TO GROW OUR
ECONOMIES
RESULT COM AND BECOME AN ICING
WHICH WE HAVE TO DO TO BE
ABSOLUTE NET 0 BY
2050 READ USING OUR ABSOLUTE
EMISSIONS BY 50% EVERY 10 YEARS
IS A VERY
TALL ORDER AND WHAT IS
CURRENTLY HAPPENING IS AS
GOVERNMENTS AND
WHERE THEY WORK HAND IN HAND
WHERE WE'VE SEEN GOVERNMENTS
MAKE CLEAR COMMITMENTS BUT ALSO
PUT THESE COMMITMENTS IN ACTION
WAS LEGISLATION WAS A PRICE ON
COMMON WITH INCENTIVIZING THE
GREEN ECONOMY WITH SO
RESOURCING SOMETIMES SUBSIDIES
AND PUTTING THEM IN
TO DO THE RIGHT INDUSTRIES OF
THE FUTURE THAT THESE COUNTRIES
ARE DOING VERY WELL AND THAT
THE INDUSTRY'S MOST OF THEM
ALSO IN THE COUNTRIES WHERE YOU
DON'T HAVE THAT CORPORATION
WHERE YOU STILL SEE RESCUE
PACKAGES OF COVID
GOING TO THE FOSSIL INDUSTRY
WHERE MANY OF THE SUBSIDIES
ACTUALLY HAVE THE UNINTENDED
NEGATIVE CONSEQUENCES. IT IS
MUCH
MORE DIFFICULT. WE'RE TALKING
YEAR BALD A PLAN OF JOB
CREATION WHEN TALKING ABOUT
THE PLAN OF ECONOMIC GROWTH
WE'RE TALKING AIRBALL THE PLAN
OF LIVING IN HARMONY WAS
MOTHER NATURE IF YOU WANT TO
AND THAT REQUIRES THE
COOPERATION OF ALL OF US AND
ONE OF THE MAJOR TASKS THAT
BUSINESS NOW HAS IS AS WE GO
INTO GLASGOW IN LESS THAN 4
WEEKS TIME IS TO MAKE CLEAR TO
THE POLICYMAKERS THAT IT'S TIME
TO TAKE THE BOLD ACTIONS THAT
WE
KNOW NEEDS.
>> CONSUMER GOODS AND ARE STILL
TO TEND TO BE WASTEFUL ON A
MASSIVE MASSIVE SCALE ARE THE
ARE THERE ANY WORKAROUNDS FOR
THIS ISSUE FOR BIG BUSINESSES
AND US AS A CONSUMER.
>> WELL ACTUALLY YOU HAVE THE
CEO OF ONE OF THE LARGEST
CONSUMER PRODUCTS COMPANIES FOR
DECADES THAT HE COULD TALK
ABOUT THIS AS WELL BUT THERE'S
A LOT OF EXPERIMENTING GOING ON
THERE ARE SOME.
SOME ISSUES. THE CONSUMER
PRODUCTS ARE ALWAYS DEALING
WITH PACKAGING IS A REALLY BIG
ONE IT'S IT'S EXPENSIVE
IT USES. PLASTICS THAT OFTEN WE
CAN'T RECYCLE AND
CONSUMERS ARE NOT HAPPY ABOUT
IT SO THERE'S SOME REALLY
INTERESTING EXPERIMENTS GOING
ON THIS ONE CALLED LOOP.
WHERE YOU GET A BOX OF OF
CONSUMER PRODUCTS AND IT'S IN
REUSABLE CONTAINERS AND THEN
YOU SEND IT BACK AND
THEY'RE DOING SOME OF THIS IN
STORES AROUND THE WORLD LIKE
TESCO
IN EUROPE WHERE YOU CAN GO IN
AND YOU CAN JUST REPLACE THE
CONTAINERS SO YOU'RE USING THEM
OVER AND OVER AND OVER AND
THAT'S ONE WAY TO TACKLE.
PACKAGING THERE'S ALWAYS BEEN
WAYS THAT THAT THE CONSUMER
PRODUCTS COMPANIES DO THINGS
LIKE MAKE DETERGENT THAT'S MUCH
MORE CONCENTRATED SO IT GETS TO
A MUCH SMALLER FOOTPRINT
THERE'S ALL SORTS OF
INNOVATIONS THAT THESE
COMPANIES HAVE FOUND TO TRY TO
REDUCE THE TOTAL IMPACT OF THE
PRODUCT THAT YOU'RE USING.
>> I AM RUNNING OUT OF TIME,
BUT PAR I WANT TO ASK YOU LIKE
AND YOU SAID YOU WERE THE HEAD
OF ONE OF THE BIGGEST
CORPORATIONS IN THE WORLD.
DO YOU THINK CLIMATE
INITIATIVES ARE NOW TOP OF MIND
FOR MANY OF THESE CORPORATIONS
AND FOR BUSINESS LEADERS IN
GENERAL.
>> WELL THEY ARE INCREASINGLY
SO WE KNOW HAVE ABOUT 20% OF
THE BUSINESSES ONE IN 5 THAT
HAVE MADE COMMITMENTS
TO BE DIDN'T HERO BY 2050 AND
WHAT WE CALL SCIENCE BASED
TARGETS THE SIKH COALITION IS
BEING FORMED IN THE FINANCIAL
MARKET CALLING FOR THE
COMPROMISING
THEIR PORTFOLIOS THAT ARE THAT
ARE COALITIONS OF THE SIZE
WE'VE NEVER SEEN BEFORE SO WE
ARE VERY CLOSE I THINK TO
TIPPING POINTS IN THE PRIVATE
SECTOR AND IT'S NOT SURPRISING
BECAUSE THEY BEAR THE BRUNT OF
FAILURES BEFORE PROBABLY
TRANSPARENT TO MANY OTHER PARTS
ALL OF THE
OF SOCIETY. SO THESE FORCES
ARE AGGREGATED INCREASINGLY
THEY'RE COMING FROM EMPLOYEES
IN THESE COMPANIES ASKING THESE
COMPANIES TO STEP UP THAT
COMING
FROM THE THE CONSUMERS THAT
THESE COMPANIES BADLY NEED THAT
COMING FROM THE CITIZENS THAT
LAUNCHED THAT ARE IN THE STREET
AND INCREASINGLY IN THE
FINANCIAL MARKETS AND FINANCIAL
MARKET IS NOW DEMANDING ACTION
DISCLOSURE TRANSPARENCY.
SO I THINK WE'RE GETTING CLOSE
TO A TIPPING POINT ON THE
POLITICIANS WOULD DO WELL TO