WEBVTT 00:00:00.000 --> 00:00:02.252 Charlotte, Allon, thank you so much for joining us. 00:00:02.252 --> 00:00:04.629 When it comes to measuring emissions, are companies focused 00:00:04.629 --> 00:00:05.380 on the right thing? 00:00:05.964 --> 00:00:09.759 Well, we just released our fourth edition of the BCG and 00:00:09.759 --> 00:00:13.930 CO2 AI survey where we asked more than 1,500 companies across 00:00:13.930 --> 00:00:18.059 the globe that represent 40% of emissions where they stand on 00:00:18.059 --> 00:00:20.311 measuring and reducing emissions. 00:00:20.687 --> 00:00:24.649 And what we see is that, overall, results are stagnating. 00:00:24.899 --> 00:00:28.403 Companies are not measuring more, and they are not reducing 00:00:28.403 --> 00:00:31.281 more than they used to be in the previous years. 00:00:31.740 --> 00:00:33.825 So, it's a bit disappointing. 00:00:33.825 --> 00:00:36.745 But, at the same time, what we see is that more and more 00:00:36.745 --> 00:00:39.372 companies are embracing product-level measurement, 00:00:39.372 --> 00:00:42.208 things like that--that actually help accelerate both on 00:00:42.208 --> 00:00:44.002 measurement but on reduction also. 00:00:45.003 --> 00:00:48.715 So, how can companies get started on measuring product emissions? 00:00:49.507 --> 00:00:52.969 I guess usually is where companies start is by focusing 00:00:52.969 --> 00:00:56.514 on your top products and try to better understand what is 00:00:56.514 --> 00:00:59.768 lifecycle assessment from raw material extraction to 00:00:59.768 --> 00:01:03.354 transformation to transportation, usage, and disposal. 00:01:03.772 --> 00:01:08.777 Then, usually, they would get to more broader set of products, to 00:01:08.777 --> 00:01:12.906 more impact-- not just climate but entering to nature. 00:01:13.823 --> 00:01:17.077 Then, second step would require to build the capabilities 00:01:17.077 --> 00:01:18.870 internally, to do it internally. 00:01:18.870 --> 00:01:21.331 And then, I think, the first step would be to put it at scale 00:01:21.331 --> 00:01:22.040 with digitization. 00:01:22.123 --> 00:01:22.999 Maybe you can elaborate on that. 00:01:23.249 --> 00:01:26.753 Yes, at CO2 AI what we do is that we help companies 00:01:26.753 --> 00:01:30.590 digitalize their carbon footprint computation at product 00:01:30.590 --> 00:01:32.383 level and do that at scale 00:01:32.425 --> 00:01:35.720 across tens of thousands of products because, at some point, 00:01:35.720 --> 00:01:38.640 once you have done, like, your first big product, it's 00:01:38.640 --> 00:01:42.018 important to be able to scale across the portfolio of products 00:01:42.018 --> 00:01:44.813 you have to be really able to optimize this portfolio, make 00:01:44.813 --> 00:01:46.940 the right decisions, make the right choices. 00:01:47.148 --> 00:01:51.069 And for that you need technology like CO2 AI to do that at scale, 00:01:51.069 --> 00:01:52.445 in an efficient manner. 00:01:53.196 --> 00:01:55.156 And maybe both of you can help with this. 00:01:55.448 --> 00:01:57.617 What would your advice for companies be? 00:01:58.785 --> 00:01:59.661 First, get started. 00:02:00.662 --> 00:02:05.500 There's an ROI to adopt these kinds of tools and approaches 00:02:05.500 --> 00:02:06.334 very fast. 00:02:06.709 --> 00:02:09.921 It allows to be competitive advantage, thanks to 00:02:09.921 --> 00:02:10.922 digitization AI. 00:02:11.131 --> 00:02:13.299 So my big advice is: let's get started. 00:02:14.384 --> 00:02:15.552 OK, two pieces of advice. 00:02:15.552 --> 00:02:19.139 I think first is you have to know what you are measuring your 00:02:19.139 --> 00:02:19.848 mission for. 00:02:20.390 --> 00:02:23.560 It doesn't have to be just for reporting, but it has to be for 00:02:23.560 --> 00:02:26.563 actually changing the way you operate by eco-designing your 00:02:26.563 --> 00:02:29.232 product, by providing eco-labeling so that we inform 00:02:29.232 --> 00:02:32.318 your consumers on what is the actual impact of your products. 00:02:33.111 --> 00:02:36.197 And second, I would say it's not a piece of cake. 00:02:36.573 --> 00:02:39.117 Let's face it, you have to build your database. 00:02:39.576 --> 00:02:42.078 You have to build your data lake, both from the physical 00:02:42.078 --> 00:02:44.455 flows from your products and from the emission factor 00:02:44.455 --> 00:02:45.832 database that you have to build. 00:02:46.416 --> 00:02:50.795 And you have to be helped to do that because it's kind of complicated. 00:02:50.795 --> 00:02:55.008 We have built for years World Food Database, World Apparel Database 00:02:55.008 --> 00:02:58.178 it's thousands of datasets that enables you to pick the right 00:02:58.178 --> 00:02:59.304 emission factors. 00:02:59.721 --> 00:03:04.225 So you have to start now, as you said, because it's a journey. 00:03:04.642 --> 00:03:05.476 Thank you so much. 00:03:05.768 --> 00:03:06.186 Thank you. 00:03:06.394 --> 00:03:06.811 Thanks.