WEBVTT 1 00:00:00.100 --> 00:00:00.933 Welcome. 2 00:00:00.933 --> 00:00:02.690 line:15% My name is Bas Sudmeijer. 3 00:00:02.690 --> 00:00:05.440 line:15% I'm a managing director and partner at BCG, 4 00:00:05.440 --> 00:00:09.189 line:15% and I'm delighted to be joined today by Lindsay Levin, 5 00:00:09.189 --> 00:00:13.248 line:15% the CEO of Leaders' Quest and the co-founder of Countdown. 6 00:00:13.248 --> 00:00:17.440 And we've been very pleased for the last six months 7 00:00:17.440 --> 00:00:20.136 to be a strategic partner of Countdown. 8 00:00:20.136 --> 00:00:22.535 Lindsay, it would be great to hear a little bit 9 00:00:22.535 --> 00:00:24.353 more about Countdown. 10 00:00:24.353 --> 00:00:27.950 Our goal is to show people that it really is possible 11 00:00:27.950 --> 00:00:30.040 for us to half emissions in the next 10 years, 12 00:00:30.040 --> 00:00:32.197 which is, of course, what we need to do, 13 00:00:32.197 --> 00:00:36.096 and to really bring to life and celebrate solutions 14 00:00:36.096 --> 00:00:37.108 that already exist, 15 00:00:37.108 --> 00:00:41.738 showcase examples of what people are doing, and really help 16 00:00:41.738 --> 00:00:44.500 accelerate action in the run-up to the UN Climate Change 17 00:00:44.500 --> 00:00:45.990 Conference in Glasgow 18 00:00:45.990 --> 00:00:48.380 that takes place in November '21. 19 00:00:48.380 --> 00:00:51.156 But if I could turn the table, Bas, and ask you, I know BCG 20 00:00:51.156 --> 00:00:53.620 just made, you know, 21 00:00:53.620 --> 00:00:55.760 new commitments on climate change. 22 00:00:55.760 --> 00:00:57.562 It would be great to hear a little bit more about that 23 00:00:57.562 --> 00:00:59.620 because, certainly, we're very excited 24 00:00:59.620 --> 00:01:01.120 when we look at what you're doing and the level 25 00:01:01.120 --> 00:01:02.420 of commitment you're bringing. 26 00:01:02.420 --> 00:01:03.253 Thank you, Lindsay. 27 00:01:03.253 --> 00:01:05.883 Yes, I mean, we've recently updated our pledge 28 00:01:05.883 --> 00:01:08.500 to be net zero, 29 00:01:08.500 --> 00:01:12.567 which is, we want to reach net zero climate impact by 2030, 30 00:01:12.567 --> 00:01:16.960 and we want to reduce our footprint in terms of 90% 31 00:01:16.960 --> 00:01:19.570 reduction in our scope 1 and scope 2 emissions. 32 00:01:19.570 --> 00:01:22.760 But we also recognize that the majority 33 00:01:22.760 --> 00:01:24.920 of our footprint is from traveling 34 00:01:24.920 --> 00:01:26.550 and flying around the world, 35 00:01:26.550 --> 00:01:28.363 and we've committed to reducing our, 36 00:01:29.236 --> 00:01:30.380 which is, what we call in technical terms 37 00:01:30.380 --> 00:01:31.970 our scope 3 footprint, 38 00:01:31.970 --> 00:01:36.970 and we want to reduce that by 30% per FTE by 2020, 39 00:01:38.232 --> 00:01:40.073 sorry, by 2025. 40 00:01:41.530 --> 00:01:45.470 And we want to remove our remaining footprint with the most 41 00:01:45.470 --> 00:01:49.708 effective nature-based and engineered solutions, averaging 42 00:01:49.708 --> 00:01:53.600 about $80 per ton, by 2030. 43 00:01:53.600 --> 00:01:55.130 And also, beyond 2030, 44 00:01:55.130 --> 00:01:57.600 we also want to look backwards, and we want to become 45 00:01:57.600 --> 00:02:02.600 a climate-positive company by basically removing more of all 46 00:02:02.990 --> 00:02:04.860 the things that we've emitted before 47 00:02:04.860 --> 00:02:08.363 also from the atmosphere beyond 2030. 48 00:02:09.221 --> 00:02:10.760 What are some of the specific things, Lindsay, 49 00:02:10.760 --> 00:02:12.550 that people should be looking forward to, 50 00:02:12.550 --> 00:02:15.957 and what are some of the sectors and efforts 51 00:02:15.957 --> 00:02:18.269 that we want to focus on starting on the 10th of October? 52 00:02:18.269 --> 00:02:21.645 As we put together the program for the 10th, 53 00:02:21.645 --> 00:02:23.990 you know, it's a long thing, 54 00:02:23.990 --> 00:02:24.880 so you need to be prepared. 55 00:02:24.880 --> 00:02:28.050 It's almost like a festival of ideas around climate change. 56 00:02:28.050 --> 00:02:30.310 We've got five and a half hours of this incredible 57 00:02:30.310 --> 00:02:33.050 line:15% show, but we start, really, with urgency. 58 00:02:33.050 --> 00:02:34.280 So the first session, 59 00:02:34.280 --> 00:02:36.800 the first hour or so, is helping people just understand 60 00:02:36.800 --> 00:02:37.640 what's going on. 61 00:02:37.640 --> 00:02:39.560 I mean, there's a brilliant new TED Talk 62 00:02:39.560 --> 00:02:40.580 by Johan Rockström, 63 00:02:40.580 --> 00:02:42.310 one of the world's greatest climate scientists, 64 00:02:42.310 --> 00:02:44.506 that we kick off the show with 65 00:02:44.506 --> 00:02:47.970 that brings bang up to date 66 00:02:47.970 --> 00:02:51.930 the science of what is happening to planetary boundaries, 67 00:02:51.930 --> 00:02:53.730 including because of climate change. 68 00:02:53.730 --> 00:02:55.930 And then we kind of take people through a journey 69 00:02:55.930 --> 00:02:57.350 of thinking about leadership-- 70 00:02:57.350 --> 00:02:59.320 so political leadership, 71 00:02:59.320 --> 00:03:01.830 we've got various, Ursula von der Leyen 72 00:03:01.830 --> 00:03:05.475 is gonna speak, the president of the European Union, 73 00:03:05.475 --> 00:03:07.299 but also thinking about BCG's world, 74 00:03:07.299 --> 00:03:09.260 what does business need to do, 75 00:03:09.260 --> 00:03:11.630 and what does it mean to reimagine capitalism 76 00:03:11.630 --> 00:03:13.790 and to reimagine business models? 77 00:03:13.790 --> 00:03:16.050 And some examples of that in practice, 78 00:03:16.050 --> 00:03:19.020 where companies are accelerating their level of commitment 79 00:03:19.020 --> 00:03:20.720 to really looking 80 00:03:20.720 --> 00:03:23.320 to make dramatic change in the next decade. 81 00:03:23.320 --> 00:03:26.269 And then culminating with a section focused on action, 82 00:03:26.269 --> 00:03:28.790 where we want to show people 83 00:03:28.790 --> 00:03:30.309 what they can do as individuals. 84 00:03:30.309 --> 00:03:33.681 We're actually launching a global initiative that day. 85 00:03:33.681 --> 00:03:37.770 It's not yet public, but it'll come out that day, 86 00:03:37.770 --> 00:03:40.820 which is an opportunity for citizens all over the world 87 00:03:40.820 --> 00:03:43.550 to measure and capture their own carbon footprint 88 00:03:43.550 --> 00:03:46.140 and make specific commitments to changes 89 00:03:46.140 --> 00:03:47.360 that they can make in their lives. 90 00:03:47.360 --> 00:03:49.200 So thinking about what does this mean for individual 91 00:03:49.200 --> 00:03:52.350 citizens, but also what does it mean for businesses? 92 00:03:52.350 --> 00:03:53.600 What does it mean for cities? 93 00:03:53.600 --> 00:03:56.230 What does it mean for communities, and indeed, 94 00:03:56.230 --> 00:03:57.670 what does it mean for countries? 95 00:03:57.670 --> 00:04:01.210 One thought I also want to end on is, you know, 96 00:04:01.210 --> 00:04:03.610 we're doing this, of course, in the middle of the pandemic, 97 00:04:03.610 --> 00:04:06.029 and we're doing this at a time when the world feels 98 00:04:06.029 --> 00:04:09.772 incredibly unstable and inequitable 99 00:04:09.772 --> 00:04:14.010 and deeply challenging, with protests 100 00:04:14.010 --> 00:04:17.130 and, I think, just huge levels of anxiety 101 00:04:17.130 --> 00:04:20.470 and distress because of the state that we're all in. 102 00:04:20.470 --> 00:04:23.490 And one of the things that I think is really important 103 00:04:23.490 --> 00:04:24.770 to the whole climate discussion 104 00:04:24.770 --> 00:04:26.300 is that all of these challenges 105 00:04:26.300 --> 00:04:27.317 are interconnected, 106 00:04:27.317 --> 00:04:31.180 and that is very evident in what we've prepared. 107 00:04:31.180 --> 00:04:34.470 It's all, you know, everything touches upon everything else. 108 00:04:34.470 --> 00:04:36.757 So racial justice, social justice, 109 00:04:36.757 --> 00:04:41.757 global equity is inextricably tied together with 110 00:04:43.010 --> 00:04:44.989 climate equity and, in many different ways, 111 00:04:44.989 --> 00:04:48.757 we have speakers who really make that clear and give data 112 00:04:48.757 --> 00:04:51.218 and examples to bring it to life. 113 00:04:51.218 --> 00:04:54.618 I'm very much looking forward to Saturday, the 10th. 114 00:04:54.618 --> 00:04:58.008 I'm going to be watching the whole thing with my family. 115 00:04:58.008 --> 00:05:02.610 It's the defining issue of this generation 116 00:05:02.610 --> 00:05:03.997 and many generations to come. 117 00:05:03.997 --> 00:05:06.306 So I think it's a super important moment. 118 00:05:06.306 --> 00:05:10.140 I think Countdown will play a critical role in really 119 00:05:10.140 --> 00:05:13.054 shaping that narrative and bringing the key issues to bear. 120 00:05:13.054 --> 00:05:14.410 So, yeah, thank you. 121 00:05:14.410 --> 00:05:17.037 Thank you, Lindsay, again, for explaining it. 122 00:05:17.037 --> 00:05:19.280 I hope many around the world will join, 123 00:05:19.280 --> 00:05:21.210 either watching the live event 124 00:05:21.210 --> 00:05:24.410 and/or participating in many of the local events. 125 00:05:24.410 --> 00:05:26.394 I know you have tons of those lined up as well, 126 00:05:26.394 --> 00:05:28.157 so thank you. 127 00:05:28.157 --> 00:05:29.250 And thank you, Bas. 128 00:05:29.250 --> 00:05:30.680 Thank you all for your partnership. 129 00:05:30.680 --> 00:05:34.370 You've been indispensable and really fantastic colleagues, 130 00:05:34.370 --> 00:05:35.953 so we hugely appreciate it.