Simon Mulcahy | Co-founder and CEO, TIME CO2
- Simon is the President at Sustainability at TIME Inc.
- He is responsible for founding and launching CO2.com, a new division of TIME, focusing on reducing carbon blueprints of businesses.
Podcast
Overview
In the race of economic growth, human beings have overlooked the environment to an extent where it has become difficult to bring it under control. The least they can do is to take conscious efforts on their own to reduce the carbon blueprint on the planet. Businesses have a huge role to play here as they drive the economy of the world. Gone is the time, when they could sit for governments to intervene. It is the responsible choices they ended to make for the betterment of the society and for thriving their businesses. In today’s episode, we discuss how can businesses lead with examples and collectively contribute to restoring the environment.
[00:17] – About Simon Mulcahy
- Simon is the President at Sustainability at TIME Inc.
- He is responsible for founding and launching CO2.com, a new division of TIME, focusing on reducing carbon blueprints of businesses.
- Simon comes from a military background.
- He then ventured into consulting and working for World Economic Forum.
[04:25] – How did you start with “Time?” What are you doing with “Time?”
- While I was at Salesforce, a lot of my time was spent speaking and working with leaders of some of the largest companies in the world.
- As many of those companies went into COVID lockdown, it was a destabilizing experience for all of them.
- Figuring out how they responded, got through COVID, and came out of COVID stronger than when they went in was an interesting question.
- A lot of that is down to technology. Another element was that every organization also had to be really strong in its engagement with civil society.
- It became really clear that, that any organization that was going to be successful had to have a proper new DNA, a double helix of not just digital, but also sustainable.
- We help companies become sustainable. We found that every company has to do two things clearly, first is to decarbonize, get off the carbon economy, and find ways of swapping high-carbon activities for low or no-carbon activities.
- This doesn’t happen overnight. It is very hard for organizations to make that shift.
- They should also be supporting programs that help others decarbonize to help others remove carbon from the atmosphere, reduce their emissions, support, biodiversity, and support climate justice.
- We decided to find the world’s best climate scientists, create partnerships with them, create partnerships with top universities, build a team of experts, who can go out and rummage through all of these 1000s of projects out there, verify them, validate them do their scientific research, and then pay a lot of consultants for technical reviews of these projects.
[28:43] – Are you reaching out to governments because this is such a seamless platform and tools, and someone has trusted that you’ve got your brand behind it?
- I left Salesforce in January last year. We built an incredible team. But it’s still quite small. And so we haven’t yet stretched all the way into full government engagement, which there’s a lot of people you need to speak to.
- We are working with the US Department of State. They are doing some fascinating things around the energy transition accelerator.
- We have been less focused on the government side of things as actually working really closely with many nongovernmental organizations who are orbiting around kind of building the trust engine around the carbon markets.
- The Science Based Targets Initiative (SBTI) is used by many large organizations as kind of validator of their climate progress.
- The SBTI has been doing a lot to evolve, it’s thinking and guidance to companies on how to not only do the decarbonization within their business but also how to think about carbon credits.
RESOURCES:
You can connect with Simon Mulcahy – LinkedIn
Enjoy this podcast?
If you learned new insights about the importance of businesses to strive towards decarbonization, subscribe and share it with friends!
Love to give us 5 stars? ⭐⭐⭐⭐⭐ If you do, we’d love a review from you. Help us reach more people to keep them in the know as we talk to leaders, high achievers, and thought leaders from diverse backgrounds and nationalities. Excellence can come
from anywhere; stay in the know, and hear from emergent high achievers and gurus.
Stay updated with what’s shaping the world today through the latest The Brand Called You Podcast episode. Follow us on iTunes, Spotify, and Anchor.fm.
You can find us at:
Website: www.tbcy.in
Instagram: http://bit.ly/3HO7N06
Facebook:http://bit.ly/3YzJOaD
Twitter: http://bit.ly/3wMBOXK
LinkedIn: https://www.linkedin.com/company/tbcy/
YouTube: http://bit.ly/3jmBqfq
Chingari: https://chingari.io/tbcypodcast
Josh: http://bit.ly/3WWP0nB
Thanks for listening!
Profile
- Simon is the President at Sustainability at TIME Inc.
- He is responsible for founding and launching CO2.com, a new division of TIME, focusing on reducing carbon blueprints of businesses.
- Simon comes from a military background.
- He then ventured into consulting and working for World Economic Forum.
