{"id":730904,"date":"2024-11-08T11:24:16","date_gmt":"2024-11-08T16:24:16","guid":{"rendered":"https:\/\/www.capgemini.com\/us-en\/?p=730904"},"modified":"2025-03-05T06:32:12","modified_gmt":"2025-03-05T11:32:12","slug":"its-time-sustainability-goes-from-obligation-to-opportunity","status":"publish","type":"post","link":"https:\/\/www.capgemini.com\/us-en\/insights\/expert-perspectives\/its-time-sustainability-goes-from-obligation-to-opportunity\/","title":{"rendered":"It\u2019s time: Sustainability goes from obligation to opportunity"},"content":{"rendered":"\n<header class=\"wp-block-cg-blocks-hero-blogs header-hero-blogs\"><div class=\"container\"><div class=\"hero-blogs\"><div class=\"hero-blogs-content-wrapper\"><div class=\"row\"><div class=\"col-12\"><div class=\"header-title\"><h1>Business to Planet Connect 2024<br>A call to action at Climate Week NYC<\/h1><\/div><\/div><\/div><\/div><div class=\"hero-blogs-bottom\"><div class=\"header-author\"><div class=\"author-img\"><img decoding=\"async\" src=\"https:\/\/www.capgemini.com\/us-en\/wp-content\/uploads\/sites\/30\/2024\/10\/Emmanuel-Lochon_b00e8c.png?w=200&amp;quality=10\" alt=\"\" loading=\"lazy\"\/><\/div><div class=\"author-name-date\"><h5 class=\"author-name\">Emmanuel Lochon<\/h5><h5 class=\"blog-date\">Oct 25, 2024<\/h5><\/div><\/div><div class=\"brand-image\"> <\/div><\/div><\/div><\/div><\/header>\n\n\n\n<section class=\"wp-block-cg-blocks-group undefined section section--article-content\"><div class=\"article-main-content\"><div class=\"container\"><div class=\"row\"><div class=\"col-12 col-md-1\"><nav class=\"article-social\"><ul class=\"social-nav\"><li class=\"ip-order-fb\"><a href=\"https:\/\/www.facebook.com\/sharer\/sharer.php?u=https:\/\/www.capgemini.com\/?p=1066794\" target=\"_blank\" rel=\"noopener noreferrer\" title=\"opens in a new window\"><i aria-hidden=\"true\" class=\"icon-fb\"><\/i><span class=\"sr-only\">Facebook<\/span><\/a><\/li><li class=\"ip-order-li\"><a href=\"https:\/\/www.linkedin.com\/shareArticle?url=https:\/\/www.capgemini.com\/?p=1066794\" target=\"_blank\" rel=\"noopener noreferrer\" title=\"opens in a new window\"><i aria-hidden=\"true\" class=\"icon-li\"><\/i><span class=\"sr-only\">Linkedin<\/span><\/a><\/li><\/ul><\/nav><\/div><div class=\"col-12 col-md-11 col-lg-10\"><div class=\"article-text article-quote-text\">\n<h2 class=\"wp-block-heading\" id=\"h-business-to-planet-connect-2024-explored-the-roles-of-policy-investment-and-tech-innovation-for-bold-action-and-future-resilience\"><strong>Business to Planet Connect 2024 explored the roles of policy, investment, and tech innovation for bold action and future resilience<\/strong><\/h2>\n\n\n\n<p>An urgent call echoed throughout New York last week: it\u2019s time for climate action.<br><br>On September 25, 2024, hundreds of people gathered at The Glasshouse in Manhattan for Capgemini\u2019s special event examining how organizations can join the clean-energy revolution by embracing sustainability as an enabler, rather than a blocker, of value.<br>Capgemini\u2019s Business to Planet Connect was part of Climate Week NYC, a key international summit for business, government, and civil society. It was hosted by Climate Group and held alongside the United Nations General Assembly.<br>The general sessions at Business to Planet Connect set the tone for the specialized panels to come later in the day. The morning\u2019s speakers hit upon the obligation to address climate change, the collaboration between policymakers and investors, the technologies that are revolutionizing sustainability efforts, and the opportunity to innovate.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-empowering-nature-s-voice-companies-must-prioritize-climate-up-to-the-board-level\">Empowering nature\u2019s voice: Companies must prioritize climate up to the board level<\/h4>\n\n\n\n<p>Two climate action leaders and sustainable business-strategy pioneers \u2013 ClimateVoice Founder and Former Executive Director Bill Weihl and Natural Logic Founder and CEO Gil Friend \u2013 delivered an impassioned keynote. They argued voluntary corporate action is admirable but insufficient, and that economy-wide policy changes are necessary. This will require supportive public policies that encourage effort at scale.<br><br>Weihl, who lost his voice to ALS, spoke to the crowd through an AI-powered voice clone developed by <a href=\"https:\/\/elevenlabs.io\/voice-cloning\" target=\"_blank\" rel=\"noreferrer noopener\">ElevenLabs<\/a>. He used his personal experience with the condition as a metaphor for climate change: both are dire and progressively worsening. However, there is no cure for ALS, whereas solutions exist that could address up to 90 percent of the climate crisis, according to Weihl.<br>\u201c[With ALS], I can personally hope for a miracle soon. But the big challenge is finding equanimity and acceptance,\u201d Weihl said. \u201cWith climate, we can all hope, but hope is not a plan. Instead, we collectively can and must adopt and deploy the solutions we have much faster, while we continue R&amp;D on the areas where we don\u2019t have good solutions yet. That word \u2018collectively\u2019 is key.\u201d<br>Friend called for businesses to shift their focus from maximizing shareholder returns to belonging to the living world. What would happen if companies expanded their sense of fiduciary responsibility, the obligation to act in a client or beneficiary\u2019s best interests, to encompass nature and climate?<br>He argued that willful disregard of meaningful material information (e.g., environmental impacts, sustainable alternatives) result in business practices that \u201cverge every day on violation of fiduciary duty to shareholders.\u201d<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-aligning-investments-policies-and-technology-collaboration-is-crucial-for-future-resilience\">Aligning investments, policies, and technology: Collaboration is crucial for future resilience<\/h4>\n\n\n\n<p>The first panel discussion explored the role of private and public partnerships in meeting evolving regulations and stakeholder expectations, as well as the intricacies of aligning investments, policies, and technologies.<br><br>Christophe Defert, Head of HSBC Asset Management\u2019s climate tech venture; Adam Schafer, Head of Supply Chain Strategy at CHIPS for America in the US Department of Commerce; and Daniel Doimo, CEO of Solarlytics, agreed that success in sustainability requires collaboration between policymakers, investors, and industry players across the entire supply chain \u2013 upstream and downstream.<br>\u201cCollaboration is the only way to actually [effect] any meaningful change there, whether it\u2019s from a policy standpoint or an accounting standpoint,\u201d Schafer said. \u201c[This includes] every actor in that very complicated value chain, right through to the end consumer.\u201d<br>Private investment is crucial for channeling funds to sustainable technologies but it\u2019s still difficult to align long-term investments with short-term investor expectations. Under the current conditions, the investment industry needs innovation and stable policies to support long-term goals, while governments help identify and mitigate risks throughout complex, global supply chains. In short, everyone has a role to play.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-generative-ai-accelerating-sustainability-through-responsible-innovation\">Generative AI: Accelerating sustainability through responsible innovation<\/h4>\n\n\n\n<p>The second panel was dedicated to resolving the inherent tension of Gen AI for climate action. On one hand, its capabilities promise to streamline and optimize sustainability initiatives. But on the other, AI\u2019s colossal energy and resource usage leaves a massive environmental footprint \u2013 exactly what climate champions are trying to avoid.<br><br>Rachel Delacour, Co-Founder and CEO of Sweep; Dan Versace, Senior Analyst for ESG Services at IDC; and Mohammed Abdelhadi, Director of Cloud for Sustainability at Microsoft, discussed how Gen AI is being used to address the global climate challenges outlined in the UN\u2019s Sustainable Development Goals (SDGs), while emphasizing the importance of establishing guardrails against unintended consequences like bias and carbon impact.<br>There\u2019s tremendous potential for AI to help governments and companies manage the effects of climate change with improved risk modeling; enable precision farming by optimizing planting schedules, fertilization, and water usage; and combat inequity by democratizing tech resources, particularly in underserved communities. But society will need to simultaneously develop new technologies and methods for reducing AI&#8217;s impact.<br>Abdelhadi explained that Microsoft, a key player in this technology, is working on several initiatives to reduce the impact of AI, such as developing solutions for optimizing energy and water usage for data centers.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-obligation-or-opportunity-the-road-ahead-for-the-automotive-industry\">Obligation or opportunity? The road ahead for the automotive industry<\/h4>\n\n\n\n<p>The final panel of the general sessions focused on two aspects of sustainability: the obligation to reduce environmental impacts and the opportunity to lead the charge toward a circular economy.<br><br>Bill Combs, Vice President of Sustainability at Penske; Nitin Tyagi, Vice President of Supply Chain at Our Next Energy (ONE); and Stephen Snyder, Chief Strategy Officer at Princeton NuEnergy, explained that the automotive industry must reduce carbon emissions and that various innovations (e.g., renewable energy, battery recycling, resilient supply chains) could create more sustainable business models for the future.<br>Acknowledging Penske\u2019s responsibility stemming from its size and global influence across transportation, Combs outlined how the company is addressing sustainability, including renewable fuels and EVs for its fleets, circularity in vehicle maintenance, and solar energy to power facilities. He said it\u2019s important for Penske to learn about sustainability in one business line and then \u201ccopy and paste\u201d the implementation for other initiatives across the portfolio.<br>Tyagi was proud to share that ONE is shifting to phosphate-based batteries to avoid the ethical and environmental challenges associated with critical minerals like cobalt. By using batteries with more abundant and less controversial materials, ONE hopes to localize the <a href=\"https:\/\/www.autonews.com\/sponsored\/intelligent-industry-automakers-supercharging-ev-battery-manufacturing\" target=\"_blank\" rel=\"noreferrer noopener\">battery supply chain<\/a>, which would be more resilient to geopolitical risks in addition to reducing emissions.<br>Snyder described the concept of direct recycling, in which used battery materials are not melted down but instead cleaned and reused, much like washing dishes. This process lowers costs and waste, making the entire lifecycle of batteries \u2013 from production to disposal \u2013 more sustainable.<br>\u201cI don\u2019t know of any auto manufacturer that isn\u2019t focused on per unit costs \u2013 batteries, tires, gauges, anything,\u201d Snyder said.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-the-time-is-now-let-s-seize-the-chance-to-be-part-of-the-change\">The time is now: Let\u2019s seize the chance to be part of the change<\/h4>\n\n\n\n<p>Several of Capgemini\u2019s business and sustainability experts moderated the discussions: Sol Salinas, Sustainability Lead for Americas and Global Accounts; Vincent Charpiot, Head of Group Sustainability Business Accelerator; Christopher Scheefer, Group Data &amp; AI Sustainability Lead; and Laurence No\u00ebl, Head of Global Automotive.<br><br>Each provided insights throughout and supported spirited, informative dialog. Each conversation promoted the adoption of a <a href=\"https:\/\/www.capgemini.com\/insights\/leading-sustainability\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u201cBusiness to Planet\u201d mindset<\/a>, which sees beyond business-as-usual and charts a path toward a greener future.<br>Many organizations have taken significant steps toward climate action in recent years but, as we continue to grapple with sky-high greenhouse gas emissions and rising global temperatures, it\u2019s clear that humankind is not moving quickly enough.<br>That\u2019s why Climate Group settled on \u201cIt\u2019s time\u201d as the theme for this year\u2019s Climate Week. That sentiment was heard within The Glasshouse and throughout the city. We need definite action. It\u2019s time to phase out fossil fuels. It\u2019s time to invest in clean energy. It\u2019s time to embed sustainability into government policies.<br>It\u2019s time.<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/section>\n\n\n\n<section class=\"wp-block-cg-blocks-wrapper-people-slider section section--expert-slider wrapper-people-slider undefined\"><div class=\"container\"><div class=\"content-title\"><h2 data-maxlength=\"34\" class=\"people-heading-title\">Meet our author<\/h2><\/div><\/div><div class=\"slider slider-boxed\"><div class=\"container\"><div class=\"slider-window\"><div class=\"slider-list\">\t\t<div class=\"slide\">\n\t\t\t<div class=\"box\">\n\t\t\t\t<div class=\"row\">\n\t\t\t\t\t<div class=\"col-md-6 col-lg-4 box-img-wrapper\">\n\t\t\t\t\t\t<img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/www.capgemini.com\/us-en\/wp-content\/uploads\/sites\/30\/2024\/10\/Emmanuel-Lochon_b00e8c.png\" alt=\"Emmanuel Lochon\"\/>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div class=\"col-md-6 col-lg-8 box-inner\">\n\t\t\t\t\t\t<div class=\"row title-social-media-header\">\n\t\t\t\t\t\t\t<div class=\"col-md-12 col-lg-6 mbl-social-icon\">\n\t\t\t\t\t\t\t\t<ul class=\"social-nav\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li><a aria-label=\"Linkedin\" target=\"_blank\" title=\"Opens in a new window\" href=\"https:\/\/www.linkedin.com\/in\/emmanuellochon\/7\"><i aria-hidden=\"true\" class=\"icon-li\"><\/i><\/a><\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"col-md-12 col-lg-6 box-container\">\n\t\t\t\t\t\t\t\t<div class=\"box-title\">\n\t\t\t\t\t\t\t\t\t<h3 class=\"people-profile-title\">Emmanuel Lochon<\/h3>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span>VP, Sustainability Solutions Marketing Lead<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"col-md-12 col-lg-6 social-box-container dkt-social-icon\">\n\t\t\t\t\t\t\t\t<ul class=\"social-nav\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li><a aria-label=\"Linkedin\" target=\"_blank\" title=\"Opens in a new window\" href=\"https:\/\/www.linkedin.com\/in\/emmanuellochon\/7\"><i aria-hidden=\"true\" class=\"icon-li\"><\/i><\/a><\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"people-info\">Emmanuel is a seasoned marketing professional with 20+ years of experience in driving marketing, branding, and digital transformation programs. Passionate about sustainability and the protection of people and the planet, Emmanuel is dedicated to leveraging innovation and technology to support societal development. Before joining Capgemini, Emmanuel held various roles in sales, digital marketing, and branding across the consumer products, cosmetics, and consumer electronics sectors.<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div><\/div><\/div><div class=\"slider-nav\"><button class=\"slider-prev inactive\" aria-label=\"Slider-previous\" tabindex=\"-1\"><\/button><ul class=\"slider-paginator\"><\/ul><button class=\"slider-next\" aria-label=\"Slider-next\"><\/button><\/div><\/div><\/section>\n\n\n\n<section class=\"wp-block-cg-blocks-learn-more learnMoreBlock updated-new-sample-amal\"><div class=\"container\"><div class=\"content-title\"><h2 class=\"learnmore-heading\">Related articles<\/h2><\/div><div class=\"row\"><div class=\"col-md-4\"><div class=\"box\"><div class=\"box-wrapper\"><a class=\"box-title\" 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class=\"box-inner\"><\/div><\/div><\/div><\/div><\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":4853,"featured_media":732579,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"cg_dt_proposed_to":[],"cg_seo_hreflang_relations":"[]","cg_seo_canonical_relation":"{\"uuid\":\"2d9bb2a0-303c-4fba-adf1-4cb3d6ec6838\",\"blogId\":\"\",\"domain\":\"\",\"sitePath\":\"\",\"postLink\":\"\",\"postId\":null,\"isSaved\":true,\"isCrossLink\":false,\"hasCrossLink\":false}","cg_seo_hreflang_x_default_relation":"{\"uuid\":\"c0121b39-76a4-40cc-bbc0-8230ebf510bd\",\"blogId\":\"\",\"domain\":\"\",\"sitePath\":\"\",\"postLink\":\"\",\"postId\":null,\"isSaved\":true,\"isCrossLink\":false,\"hasCrossLink\":false}","cg_dt_approved_content":true,"cg_dt_mandatory_content":false,"cg_dt_notes":"","cg_dg_source_changed":false,"cg_dt_link_disabled":false,"_yoast_wpseo_primary_brand":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","featured_focal_points":""},"categories":[1],"tags":[],"brand":[],"service":[138],"industry":[238],"partners":[],"blog-topic":[152,162],"content-group":[],"class_list":["post-730904","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","service-sustainability","industry-energy","blog-topic-customer-experience","blog-topic-sustainability"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>It\u2019s time: Sustainability goes from obligation to opportunity - Capgemini USA<\/title>\n<meta name=\"description\" content=\"At Business to Planet Connect in NYC, leading sustainability voices addressed the major obstacles to climate action and how they may be overcome.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.capgemini.com\/us-en\/insights\/expert-perspectives\/its-time-sustainability-goes-from-obligation-to-opportunity\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"It\u2019s time: Sustainability goes from obligation to opportunity\" \/>\n<meta property=\"og:description\" content=\"At Business to Planet Connect in 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