{"version":"1.0.0","segments":[{"speaker":"Julia Salant","startTime":3.678,"endTime":7.868,"body":"in addition to price, on"},{"speaker":"Julia Salant","startTime":3.678,"endTime":7.868,"body":"time delivery, and quality, we're seeing"},{"speaker":"Julia Salant","startTime":7.868,"endTime":13.158,"body":"sustainability as a 4th dimension of a"},{"speaker":"Julia Salant","startTime":7.868,"endTime":13.158,"body":"relationship between buyer and supplier."},{"speaker":"Julia Salant","startTime":13.358,"endTime":16.908,"body":"And for us taking sustainability"},{"speaker":"Julia Salant","startTime":13.358,"endTime":16.908,"body":"data and bringing it to where"},{"speaker":"Julia Salant","startTime":16.908,"endTime":18.288,"body":"our business decisions are made."},{"speaker":"Julia Salant","startTime":18.628,"endTime":22.838,"body":"This is what makes a difference"},{"speaker":"Julia Salant","startTime":18.628,"endTime":22.838,"body":"in terms of, you know, keeping"},{"speaker":"Julia Salant","startTime":22.838,"endTime":27.248,"body":"a supplier or potentially giving"},{"speaker":"Julia Salant","startTime":22.838,"endTime":27.248,"body":"a supplier a notice saying you"},{"speaker":"Julia Salant","startTime":27.248,"endTime":30.593,"body":"have 12 months to improve or else"},{"speaker":"Tom Raftery","startTime":30.713,"endTime":32.783,"body":"Good morning, good"},{"speaker":"Tom Raftery","startTime":30.713,"endTime":32.783,"body":"afternoon, or good evening,"},{"speaker":"Tom Raftery","startTime":32.793,"endTime":34.293,"body":"wherever you are in the world."},{"speaker":"Tom Raftery","startTime":34.613,"endTime":38.343,"body":"This is the Climate Confident"},{"speaker":"Tom Raftery","startTime":34.613,"endTime":38.343,"body":"podcast, the number one podcast"},{"speaker":"Tom Raftery","startTime":38.483,"endTime":42.253,"body":"showcasing best practices in climate"},{"speaker":"Tom Raftery","startTime":38.483,"endTime":42.253,"body":"emission reductions and removals."},{"speaker":"Tom Raftery","startTime":42.683,"endTime":44.623,"body":"And I'm your host, Tom Raftery."},{"speaker":"Tom Raftery","startTime":44.783,"endTime":48.543,"body":"Don't forget to click follow on this"},{"speaker":"Tom Raftery","startTime":44.783,"endTime":48.543,"body":"podcast in your podcast app of choice"},{"speaker":"Tom Raftery","startTime":48.703,"endTime":51.063,"body":"to be sure you don't miss any episodes."},{"speaker":"Tom Raftery","startTime":51.661,"endTime":52.201,"body":"Hi, everyone."},{"speaker":"Tom Raftery","startTime":52.201,"endTime":55.411,"body":"Welcome to episode 167 of the"},{"speaker":"Tom Raftery","startTime":52.201,"endTime":55.411,"body":"climate confident podcast."},{"speaker":"Tom Raftery","startTime":55.831,"endTime":57.301,"body":"My name is Tom Raftery."},{"speaker":"Tom Raftery","startTime":57.301,"endTime":60.361,"body":"And before we kick off today's"},{"speaker":"Tom Raftery","startTime":57.301,"endTime":60.361,"body":"show, I want to take a moment to"},{"speaker":"Tom Raftery","startTime":60.361,"endTime":64.561,"body":"express my gratitude to all of"},{"speaker":"Tom Raftery","startTime":60.361,"endTime":64.561,"body":"this podcast's amazing supporters."},{"speaker":"Tom Raftery","startTime":65.101,"endTime":67.891,"body":"Your support has been instrumental"},{"speaker":"Tom Raftery","startTime":65.101,"endTime":67.891,"body":"in keeping this podcast going."},{"speaker":"Tom Raftery","startTime":68.401,"endTime":70.621,"body":"And I'm really grateful for"},{"speaker":"Tom Raftery","startTime":68.401,"endTime":70.621,"body":"each and every one of you."},{"speaker":"Tom Raftery","startTime":71.851,"endTime":75.781,"body":"On the podcast today, I'll be"},{"speaker":"Tom Raftery","startTime":71.851,"endTime":75.781,"body":"talking to EcoVadis about emissions,"},{"speaker":"Tom Raftery","startTime":75.781,"endTime":77.341,"body":"measuring reporting, et cetera."},{"speaker":"Tom Raftery","startTime":77.911,"endTime":80.551,"body":"In the next few weeks, I have"},{"speaker":"Tom Raftery","startTime":77.911,"endTime":80.551,"body":"some excellent episodes coming up."},{"speaker":"Tom Raftery","startTime":80.941,"endTime":83.791,"body":"Next week for example, I'd be"},{"speaker":"Tom Raftery","startTime":80.941,"endTime":83.791,"body":"talking to Emily Easley from"},{"speaker":"Tom Raftery","startTime":83.841,"endTime":86.041,"body":"Novus about the US energy system."},{"speaker":"Tom Raftery","startTime":86.731,"endTime":91.861,"body":"The week after I'll be talking to Ditte"},{"speaker":"Tom Raftery","startTime":86.731,"endTime":91.861,"body":"Lysgaard Vind, from The Circular Way, and"},{"speaker":"Tom Raftery","startTime":91.861,"endTime":96.661,"body":"we'll be talking about the importance of"},{"speaker":"Tom Raftery","startTime":91.861,"endTime":96.661,"body":"design in making systems more sustainable."},{"speaker":"Tom Raftery","startTime":97.651,"endTime":101.431,"body":"The week after that, I'll be talking"},{"speaker":"Tom Raftery","startTime":97.651,"endTime":101.431,"body":"to Professor Dana R Fisher who was"},{"speaker":"Tom Raftery","startTime":101.431,"endTime":103.261,"body":"recently featured in the New York times."},{"speaker":"Tom Raftery","startTime":103.741,"endTime":108.651,"body":"And we'd be talking about, for"},{"speaker":"Tom Raftery","startTime":103.741,"endTime":108.651,"body":"example, the new expression she's"},{"speaker":"Tom Raftery","startTime":108.651,"endTime":111.591,"body":"coined \"apocalyptic optimism\"."},{"speaker":"Tom Raftery","startTime":112.011,"endTime":112.831,"body":"An intriguing one."},{"speaker":"Tom Raftery","startTime":113.221,"endTime":114.241,"body":"Can't wait for you to hear it."},{"speaker":"Tom Raftery","startTime":114.691,"endTime":115.081,"body":"So."},{"speaker":"Tom Raftery","startTime":116.521,"endTime":120.391,"body":"With that out of the way without"},{"speaker":"Tom Raftery","startTime":116.521,"endTime":120.391,"body":"further ado with me on the show"},{"speaker":"Tom Raftery","startTime":120.391,"endTime":122.191,"body":"today, I've my special guest, Julia."},{"speaker":"Tom Raftery","startTime":122.761,"endTime":123.241,"body":"Julia."},{"speaker":"Tom Raftery","startTime":123.571,"endTime":124.831,"body":"Welcome to the podcast."},{"speaker":"Tom Raftery","startTime":125.071,"endTime":126.541,"body":"Would you like to introduce yourself?"},{"speaker":"Julia Salant","startTime":127.234,"endTime":128.014,"body":"Absolutely."},{"speaker":"Julia Salant","startTime":128.044,"endTime":129.804,"body":"Thank you so much for having me, Tom."},{"speaker":"Julia Salant","startTime":129.874,"endTime":132.664,"body":"It's such a pleasure to"},{"speaker":"Julia Salant","startTime":129.874,"endTime":132.664,"body":"be here with you today."},{"speaker":"Julia Salant","startTime":133.024,"endTime":134.074,"body":"I'm Julia Salant."},{"speaker":"Julia Salant","startTime":134.144,"endTime":138.984,"body":"I'm the General Manager for Carbon"},{"speaker":"Julia Salant","startTime":134.144,"endTime":138.984,"body":"at EcoVadis, a global sustainability,"},{"speaker":"Julia Salant","startTime":139.274,"endTime":148.429,"body":"network of over 150,000 companies that"},{"speaker":"Julia Salant","startTime":139.274,"endTime":148.429,"body":"are engaging on a range of ESG and"},{"speaker":"Julia Salant","startTime":148.429,"endTime":150.809,"body":"compliance issues, and that really help."},{"speaker":"Julia Salant","startTime":150.849,"endTime":155.569,"body":"We really help our customers with"},{"speaker":"Julia Salant","startTime":150.849,"endTime":155.569,"body":"technology to drive, and help them meet"},{"speaker":"Julia Salant","startTime":155.569,"endTime":160.689,"body":"the corporate sustainability goals and"},{"speaker":"Julia Salant","startTime":155.569,"endTime":160.689,"body":"drive impact at scale by guiding all"},{"speaker":"Julia Salant","startTime":160.709,"endTime":163.319,"body":"companies on their sustainability journey."},{"speaker":"Tom Raftery","startTime":164.374,"endTime":164.804,"body":"Okay."},{"speaker":"Tom Raftery","startTime":165.584,"endTime":170.404,"body":"That's quite broad guiding customers"},{"speaker":"Tom Raftery","startTime":165.584,"endTime":170.404,"body":"on their sustainability journey."},{"speaker":"Tom Raftery","startTime":170.624,"endTime":174.364,"body":"Let's dig into it a little"},{"speaker":"Tom Raftery","startTime":170.624,"endTime":174.364,"body":"in, in more practical terms."},{"speaker":"Tom Raftery","startTime":174.744,"endTime":176.714,"body":"What is it you guys are"},{"speaker":"Tom Raftery","startTime":174.744,"endTime":176.714,"body":"doing for your customers?"},{"speaker":"Julia Salant","startTime":178.034,"endTime":178.704,"body":"Absolutely."},{"speaker":"Julia Salant","startTime":178.754,"endTime":183.984,"body":"So we have 3 main solutions"},{"speaker":"Julia Salant","startTime":178.754,"endTime":183.984,"body":"that we deliver to our customers"},{"speaker":"Julia Salant","startTime":184.054,"endTime":186.254,"body":"through a digital platform."},{"speaker":"Julia Salant","startTime":186.804,"endTime":192.844,"body":"Our 1st solution is our flagship solution"},{"speaker":"Julia Salant","startTime":186.804,"endTime":192.844,"body":"that has been around for the last 16 years"},{"speaker":"Julia Salant","startTime":192.854,"endTime":199.284,"body":"since the launch of EcoVadis and it is the"},{"speaker":"Julia Salant","startTime":192.854,"endTime":199.284,"body":"Sustainability Business Rating solution."},{"speaker":"Julia Salant","startTime":199.804,"endTime":204.874,"body":"Our customers are big global"},{"speaker":"Julia Salant","startTime":199.804,"endTime":204.874,"body":"businesses that engage their"},{"speaker":"Julia Salant","startTime":204.914,"endTime":207.064,"body":"suppliers in sustainability."},{"speaker":"Julia Salant","startTime":207.094,"endTime":210.584,"body":"They want to understand their"},{"speaker":"Julia Salant","startTime":207.094,"endTime":210.584,"body":"sustainability performance and they want"},{"speaker":"Julia Salant","startTime":210.594,"endTime":214.894,"body":"to be able to make informed purchasing"},{"speaker":"Julia Salant","startTime":210.594,"endTime":214.894,"body":"decisions based on sustainability"},{"speaker":"Julia Salant","startTime":214.894,"endTime":216.514,"body":"performance of their customers."},{"speaker":"Julia Salant","startTime":216.844,"endTime":222.054,"body":"This is what we do with the support of"},{"speaker":"Julia Salant","startTime":216.844,"endTime":222.054,"body":"a digital platform that helps us and"},{"speaker":"Julia Salant","startTime":222.054,"endTime":224.994,"body":"helps our customers reach a huge scale."},{"speaker":"Julia Salant","startTime":225.504,"endTime":233.474,"body":"Today within this network, we have close"},{"speaker":"Julia Salant","startTime":225.504,"endTime":233.474,"body":"to 1200 big global brands like L'Oreal"},{"speaker":"Julia Salant","startTime":233.474,"endTime":238.714,"body":"and Unilever who are engaging thousands"},{"speaker":"Julia Salant","startTime":233.474,"endTime":238.714,"body":"and thousands of their suppliers  on the"},{"speaker":"Julia Salant","startTime":238.714,"endTime":244.059,"body":"sustainability journey with scorecards"},{"speaker":"Julia Salant","startTime":238.714,"endTime":244.059,"body":"that are easily exchangeable and build"},{"speaker":"Julia Salant","startTime":244.139,"endTime":250.579,"body":"based on a methodology that is relying"},{"speaker":"Julia Salant","startTime":244.139,"endTime":250.579,"body":"on global sustainability standards,"},{"speaker":"Julia Salant","startTime":250.589,"endTime":254.579,"body":"such as ISO 26,000, ISO 14,000."},{"speaker":"Julia Salant","startTime":254.599,"endTime":260.269,"body":"So, really a a scalable and customizable"},{"speaker":"Julia Salant","startTime":254.599,"endTime":260.269,"body":"approach that can help suppliers"},{"speaker":"Julia Salant","startTime":260.269,"endTime":265.534,"body":"to respond once to 1 sustainability"},{"speaker":"Julia Salant","startTime":260.269,"endTime":265.534,"body":"questionnaire, and then share it with all"},{"speaker":"Julia Salant","startTime":265.534,"endTime":269.194,"body":"of their customers that are purchasing"},{"speaker":"Julia Salant","startTime":265.534,"endTime":269.194,"body":"from them and want to understand"},{"speaker":"Julia Salant","startTime":269.194,"endTime":270.834,"body":"their sustainability performance."},{"speaker":"Julia Salant","startTime":271.944,"endTime":274.924,"body":"So this is the our flagship solution."},{"speaker":"Julia Salant","startTime":275.224,"endTime":278.961,"body":"In addition to that, we have 2 newer"},{"speaker":"Julia Salant","startTime":275.224,"endTime":278.961,"body":"solutions that were added to our"},{"speaker":"Julia Salant","startTime":278.971,"endTime":282.411,"body":"product suite in the last 4 to 5 years."},{"speaker":"Julia Salant","startTime":282.811,"endTime":286.971,"body":"First and foremost is"},{"speaker":"Julia Salant","startTime":282.811,"endTime":286.971,"body":"the our iQ Plus solution."},{"speaker":"Julia Salant","startTime":287.271,"endTime":293.451,"body":"It helps our customers that are faced"},{"speaker":"Julia Salant","startTime":287.271,"endTime":293.451,"body":"with a some of the regulatory risk to"},{"speaker":"Julia Salant","startTime":293.511,"endTime":301.391,"body":"to scan their very long tails without"},{"speaker":"Julia Salant","startTime":293.511,"endTime":301.391,"body":"actually engaging suppliers in in"},{"speaker":"Julia Salant","startTime":301.441,"endTime":303.941,"body":"any type of rating or assessment."},{"speaker":"Julia Salant","startTime":303.941,"endTime":308.701,"body":"So it's an outside in view on"},{"speaker":"Julia Salant","startTime":303.941,"endTime":308.701,"body":"how the suppliers are performing"},{"speaker":"Julia Salant","startTime":309.051,"endTime":310.361,"body":"based on sustainability."},{"speaker":"Julia Salant","startTime":310.551,"endTime":315.101,"body":"And this is something that has been quite"},{"speaker":"Julia Salant","startTime":310.551,"endTime":315.101,"body":"welcome, given the, some of the new due"},{"speaker":"Julia Salant","startTime":315.101,"endTime":319.981,"body":"diligence regulations that requiring"},{"speaker":"Julia Salant","startTime":315.101,"endTime":319.981,"body":"companies to take a closer look at"},{"speaker":"Julia Salant","startTime":320.021,"endTime":323.741,"body":"their supplier base, really, end to end."},{"speaker":"Julia Salant","startTime":324.561,"endTime":327.611,"body":"And then the latest addition"},{"speaker":"Julia Salant","startTime":324.561,"endTime":327.611,"body":"to our product suite is"},{"speaker":"Julia Salant","startTime":327.701,"endTime":329.921,"body":"our Carbon Action Manager."},{"speaker":"Julia Salant","startTime":330.111,"endTime":334.071,"body":"This is the solution that I"},{"speaker":"Julia Salant","startTime":330.111,"endTime":334.071,"body":"manage and I drive forward."},{"speaker":"Julia Salant","startTime":334.421,"endTime":339.871,"body":"This is an opportunity for our customers,"},{"speaker":"Julia Salant","startTime":334.421,"endTime":339.871,"body":"300 or so customers to engage their"},{"speaker":"Julia Salant","startTime":339.881,"endTime":342.221,"body":"suppliers and climate action at scale."},{"speaker":"Julia Salant","startTime":342.591,"endTime":347.161,"body":"And the solution helps suppliers"},{"speaker":"Julia Salant","startTime":342.591,"endTime":347.161,"body":"that are just getting started on"},{"speaker":"Julia Salant","startTime":347.191,"endTime":348.961,"body":"their decarbonization journey."},{"speaker":"Julia Salant","startTime":349.176,"endTime":352.376,"body":"Those who haven't done a lot of work yet."},{"speaker":"Julia Salant","startTime":352.596,"endTime":354.396,"body":"Those who are just learning about it."},{"speaker":"Julia Salant","startTime":354.396,"endTime":359.606,"body":"We really bring them onto the platform"},{"speaker":"Julia Salant","startTime":354.396,"endTime":359.606,"body":"and provide them tools that meet their"},{"speaker":"Julia Salant","startTime":359.606,"endTime":361.416,"body":"needs where they are on their journey."},{"speaker":"Julia Salant","startTime":361.416,"endTime":365.876,"body":"So, for example, we have some carbon"},{"speaker":"Julia Salant","startTime":361.416,"endTime":365.876,"body":"calculation tools, some carbon scorecards,"},{"speaker":"Julia Salant","startTime":365.876,"endTime":370.776,"body":"some ability to share carbon metrics"},{"speaker":"Julia Salant","startTime":365.876,"endTime":370.776,"body":"between buyers and suppliers that"},{"speaker":"Julia Salant","startTime":370.776,"endTime":374.816,"body":"really helps this dialogue started"},{"speaker":"Julia Salant","startTime":370.776,"endTime":374.816,"body":"and help this engagement started."},{"speaker":"Julia Salant","startTime":375.396,"endTime":375.446,"body":"All right."},{"speaker":"Julia Salant","startTime":376.076,"endTime":381.916,"body":"With that, our customers drive their"},{"speaker":"Julia Salant","startTime":376.076,"endTime":381.916,"body":"their suppliers maturity through"},{"speaker":"Julia Salant","startTime":381.986,"endTime":387.506,"body":"an engagement process that is quite"},{"speaker":"Julia Salant","startTime":381.986,"endTime":387.506,"body":"structured and powered by technology."},{"speaker":"Tom Raftery","startTime":389.136,"endTime":389.626,"body":"Okay."},{"speaker":"Tom Raftery","startTime":389.996,"endTime":395.006,"body":"And you say you have over 150,000"},{"speaker":"Tom Raftery","startTime":389.996,"endTime":395.006,"body":"companies on your platform right now."},{"speaker":"Tom Raftery","startTime":395.919,"endTime":401.819,"body":"I'm curious if I'm a company on"},{"speaker":"Tom Raftery","startTime":395.919,"endTime":401.819,"body":"your platform and I'm doing business"},{"speaker":"Tom Raftery","startTime":401.819,"endTime":405.639,"body":"with another company that happens"},{"speaker":"Tom Raftery","startTime":401.819,"endTime":405.639,"body":"to be on your platform, does that"},{"speaker":"Tom Raftery","startTime":405.819,"endTime":409.809,"body":"make things easier for both of us in"},{"speaker":"Tom Raftery","startTime":405.819,"endTime":409.809,"body":"terms of sustainability reporting?"},{"speaker":"Julia Salant","startTime":412.249,"endTime":414.519,"body":"Yes, in terms"},{"speaker":"Julia Salant","startTime":412.249,"endTime":414.519,"body":"of sustainability reporting."},{"speaker":"Julia Salant","startTime":414.559,"endTime":415.229,"body":"Absolutely."},{"speaker":"Julia Salant","startTime":415.229,"endTime":419.299,"body":"Because if you're doing business"},{"speaker":"Julia Salant","startTime":415.229,"endTime":419.299,"body":"with a company that is already in the"},{"speaker":"Julia Salant","startTime":419.299,"endTime":424.759,"body":"EcoVadis network, all you need to do"},{"speaker":"Julia Salant","startTime":419.299,"endTime":424.759,"body":"is just ask for a scorecard sharing."},{"speaker":"Julia Salant","startTime":425.129,"endTime":427.669,"body":"This can be a sustainability"},{"speaker":"Julia Salant","startTime":425.129,"endTime":427.669,"body":"scorecard sharing."},{"speaker":"Julia Salant","startTime":427.669,"endTime":429.609,"body":"This can be a carbon scorecard sharing."},{"speaker":"Julia Salant","startTime":429.609,"endTime":432.369,"body":"This can be also some"},{"speaker":"Julia Salant","startTime":429.609,"endTime":432.369,"body":"quantitative data sharing."},{"speaker":"Julia Salant","startTime":432.749,"endTime":436.669,"body":"Everything that is already available"},{"speaker":"Julia Salant","startTime":432.749,"endTime":436.669,"body":"for our existing network can be"},{"speaker":"Julia Salant","startTime":436.669,"endTime":439.499,"body":"shared at a click of a button."},{"speaker":"Julia Salant","startTime":439.909,"endTime":443.269,"body":"And the best thing about it is"},{"speaker":"Julia Salant","startTime":439.909,"endTime":443.269,"body":"that suppliers, they own their"},{"speaker":"Julia Salant","startTime":443.269,"endTime":448.569,"body":"data, they decide to share or not"},{"speaker":"Julia Salant","startTime":443.269,"endTime":448.569,"body":"share with other participants."},{"speaker":"Julia Salant","startTime":448.569,"endTime":450.189,"body":"So this is how we manage this."},{"speaker":"Julia Salant","startTime":450.189,"endTime":455.709,"body":"And this is what basically the main"},{"speaker":"Julia Salant","startTime":450.189,"endTime":455.709,"body":"value actually, that our users find"},{"speaker":"Julia Salant","startTime":455.949,"endTime":459.939,"body":"in using EcoVadis is that they go"},{"speaker":"Julia Salant","startTime":455.949,"endTime":459.939,"body":"through the response process once and"},{"speaker":"Julia Salant","startTime":459.939,"endTime":463.859,"body":"then they can share as much as they"},{"speaker":"Julia Salant","startTime":459.939,"endTime":463.859,"body":"need with their within their network."},{"speaker":"Tom Raftery","startTime":464.164,"endTime":468.504,"body":"Okay, and can they share it"},{"speaker":"Tom Raftery","startTime":464.164,"endTime":468.504,"body":"outside because obviously EcoVadis is a"},{"speaker":"Tom Raftery","startTime":468.544,"endTime":473.404,"body":"big player, but there are other players"},{"speaker":"Tom Raftery","startTime":468.544,"endTime":473.404,"body":"out there as well and other organizations."},{"speaker":"Tom Raftery","startTime":473.404,"endTime":479.144,"body":"So if I am on a, I don't know, a"},{"speaker":"Tom Raftery","startTime":473.404,"endTime":479.144,"body":"competitor's network and I want"},{"speaker":"Tom Raftery","startTime":479.154,"endTime":483.274,"body":"to get data from someone who's in"},{"speaker":"Tom Raftery","startTime":479.154,"endTime":483.274,"body":"EcoVadis, how, how does that work?"},{"speaker":"Julia Salant","startTime":484.564,"endTime":486.514,"body":"This is a, this"},{"speaker":"Julia Salant","startTime":484.564,"endTime":486.514,"body":"is an excellent question."},{"speaker":"Julia Salant","startTime":486.784,"endTime":491.014,"body":"There are a few ways that our, our"},{"speaker":"Julia Salant","startTime":486.784,"endTime":491.014,"body":"users approach this 1st and foremost,"},{"speaker":"Julia Salant","startTime":491.014,"endTime":497.254,"body":"actually, EcoVadis for higher performers,"},{"speaker":"Julia Salant","startTime":491.014,"endTime":497.254,"body":"we have established a a medals approach."},{"speaker":"Julia Salant","startTime":497.454,"endTime":501.924,"body":"So those who are at the top"},{"speaker":"Julia Salant","startTime":497.454,"endTime":501.924,"body":"percentiles  in their groups can have"},{"speaker":"Julia Salant","startTime":502.014,"endTime":504.584,"body":"publicly available medals shared."},{"speaker":"Julia Salant","startTime":504.584,"endTime":506.534,"body":"And we actually see it a lot on LinkedIn."},{"speaker":"Julia Salant","startTime":506.544,"endTime":510.574,"body":"If you search for EcoVadis medals"},{"speaker":"Julia Salant","startTime":506.544,"endTime":510.574,"body":"on LinkedIn, you will find a lot"},{"speaker":"Julia Salant","startTime":510.574,"endTime":515.414,"body":"of companies sharing the good"},{"speaker":"Julia Salant","startTime":510.574,"endTime":515.414,"body":"news of their high performance."},{"speaker":"Julia Salant","startTime":515.934,"endTime":519.814,"body":"Now, that's 1 thing in which"},{"speaker":"Julia Salant","startTime":515.934,"endTime":519.814,"body":"our users are sharing publicly."},{"speaker":"Julia Salant","startTime":520.414,"endTime":526.124,"body":"Now responding to other frameworks and"},{"speaker":"Julia Salant","startTime":520.414,"endTime":526.124,"body":"reporting and reporting requirements."},{"speaker":"Julia Salant","startTime":526.474,"endTime":531.674,"body":"Actually, there is a lot of exchange"},{"speaker":"Julia Salant","startTime":526.474,"endTime":531.674,"body":"companies that report to EcoVadis often"},{"speaker":"Julia Salant","startTime":531.684,"endTime":538.624,"body":"bring their proof of EcoVadis rating into"},{"speaker":"Julia Salant","startTime":531.684,"endTime":538.624,"body":"other systems and vice versa as well."},{"speaker":"Julia Salant","startTime":538.794,"endTime":540.694,"body":"We accept evidence of reporting."},{"speaker":"Julia Salant","startTime":540.944,"endTime":545.874,"body":"And certification that are coming from"},{"speaker":"Julia Salant","startTime":540.944,"endTime":545.874,"body":"basically a lot of different frameworks."},{"speaker":"Julia Salant","startTime":546.194,"endTime":551.184,"body":"So we create this we create this"},{"speaker":"Julia Salant","startTime":546.194,"endTime":551.184,"body":"interoperability in a sense for now"},{"speaker":"Julia Salant","startTime":551.184,"endTime":556.204,"body":"through suppliers, but in the future there"},{"speaker":"Julia Salant","startTime":551.184,"endTime":556.204,"body":"are opportunities for technology as well."},{"speaker":"Tom Raftery","startTime":556.414,"endTime":557.054,"body":"Okay, nice."},{"speaker":"Tom Raftery","startTime":557.434,"endTime":562.464,"body":"And I'm assuming you do scope"},{"speaker":"Tom Raftery","startTime":557.434,"endTime":562.464,"body":"one, scope two and scope three."},{"speaker":"Julia Salant","startTime":564.364,"endTime":569.534,"body":"So we are enabling our,"},{"speaker":"Julia Salant","startTime":564.364,"endTime":569.534,"body":"we're focusing on, of course, all 3"},{"speaker":"Julia Salant","startTime":569.544,"endTime":575.174,"body":"scopes of corporate footprint, because our"},{"speaker":"Julia Salant","startTime":569.544,"endTime":575.174,"body":"customers want to understand what their"},{"speaker":"Julia Salant","startTime":575.174,"endTime":580.874,"body":"suppliers are doing on all 3, because they"},{"speaker":"Julia Salant","startTime":575.174,"endTime":580.874,"body":"want to make sure that they're covering"},{"speaker":"Julia Salant","startTime":580.884,"endTime":584.244,"body":"the entire footprint of their suppliers."},{"speaker":"Julia Salant","startTime":584.614,"endTime":588.784,"body":"So, what we have in terms of the"},{"speaker":"Julia Salant","startTime":584.614,"endTime":588.784,"body":"methodology with which we approach"},{"speaker":"Julia Salant","startTime":589.244,"endTime":593.354,"body":"rating the maturity of suppliers on"},{"speaker":"Julia Salant","startTime":589.244,"endTime":593.354,"body":"scope, 1, 2 and 3, we actually asking"},{"speaker":"Julia Salant","startTime":593.354,"endTime":596.764,"body":"questions about targets on scope, 1, 2, 3."},{"speaker":"Julia Salant","startTime":596.994,"endTime":600.304,"body":"Actions that are taking on"},{"speaker":"Julia Salant","startTime":596.994,"endTime":600.304,"body":"scope 1, 2, 3, to reduce their"},{"speaker":"Julia Salant","startTime":600.304,"endTime":603.764,"body":"emissions as well as monitoring"},{"speaker":"Julia Salant","startTime":600.304,"endTime":603.764,"body":"practices and reporting practices."},{"speaker":"Julia Salant","startTime":604.174,"endTime":608.844,"body":"And in addition to that, we're also"},{"speaker":"Julia Salant","startTime":604.174,"endTime":608.844,"body":"asking suppliers to report their scope"},{"speaker":"Julia Salant","startTime":608.844,"endTime":614.044,"body":"1, 2, 3 emissions and even break it down"},{"speaker":"Julia Salant","startTime":608.844,"endTime":614.044,"body":"by upstream and downstream emissions."},{"speaker":"Julia Salant","startTime":615.034,"endTime":618.944,"body":"In addition to that, for those"},{"speaker":"Julia Salant","startTime":615.034,"endTime":618.944,"body":"suppliers, as I mentioned before, there"},{"speaker":"Julia Salant","startTime":618.944,"endTime":622.734,"body":"are suppliers that are just getting"},{"speaker":"Julia Salant","startTime":618.944,"endTime":622.734,"body":"started, their decarbonization journey."},{"speaker":"Julia Salant","startTime":622.744,"endTime":623.934,"body":"They're learning about it."},{"speaker":"Julia Salant","startTime":624.194,"endTime":626.504,"body":"They know that their customers"},{"speaker":"Julia Salant","startTime":624.194,"endTime":626.504,"body":"are interested in it."},{"speaker":"Julia Salant","startTime":626.514,"endTime":627.984,"body":"They know it's in the news."},{"speaker":"Julia Salant","startTime":628.594,"endTime":634.034,"body":"So what they're, what we're actually"},{"speaker":"Julia Salant","startTime":628.594,"endTime":634.034,"body":"offering to those who are brand new"},{"speaker":"Julia Salant","startTime":634.034,"endTime":638.294,"body":"to this process, we're offering a very"},{"speaker":"Julia Salant","startTime":634.034,"endTime":638.294,"body":"simple scope one and two calculator"},{"speaker":"Julia Salant","startTime":638.304,"endTime":643.594,"body":"that is available within our network so"},{"speaker":"Julia Salant","startTime":638.304,"endTime":643.594,"body":"they can kick start their journey with"},{"speaker":"Julia Salant","startTime":643.594,"endTime":645.484,"body":"something that is meeting their needs."},{"speaker":"Tom Raftery","startTime":646.514,"endTime":647.024,"body":"Okay."},{"speaker":"Tom Raftery","startTime":647.534,"endTime":654.084,"body":"And scope three isn't mandated"},{"speaker":"Tom Raftery","startTime":647.534,"endTime":654.084,"body":"anywhere yet that I'm aware of."},{"speaker":"Tom Raftery","startTime":654.504,"endTime":659.144,"body":"I mean, California have rules saying you"},{"speaker":"Tom Raftery","startTime":654.504,"endTime":659.144,"body":"have to start reporting scope three in 27."},{"speaker":"Tom Raftery","startTime":659.774,"endTime":661.884,"body":"I think is when that kicks off."},{"speaker":"Tom Raftery","startTime":662.284,"endTime":664.574,"body":"The EU regulations still don't require it."},{"speaker":"Tom Raftery","startTime":664.574,"endTime":673.152,"body":"So what, what is the, the, real need"},{"speaker":"Tom Raftery","startTime":664.574,"endTime":673.152,"body":"to measure and report scope three."},{"speaker":"Julia Salant","startTime":675.702,"endTime":676.162,"body":"Indeed."},{"speaker":"Julia Salant","startTime":676.382,"endTime":681.512,"body":"So, look, scope three can be"},{"speaker":"Julia Salant","startTime":676.382,"endTime":681.512,"body":"viewed as you know, one of"},{"speaker":"Julia Salant","startTime":708.952,"endTime":711.392,"body":"your cost centers as a company."},{"speaker":"Julia Salant","startTime":711.392,"endTime":716.3720000000001,"body":"If we talk about, if we take carbon"},{"speaker":"Julia Salant","startTime":711.392,"endTime":716.3720000000001,"body":"accounting to to our regular accounting,"},{"speaker":"Julia Salant","startTime":717.192,"endTime":721.8420000000001,"body":"would you have a full picture of what"},{"speaker":"Julia Salant","startTime":717.192,"endTime":721.8420000000001,"body":"your company is doing if you're missing?"},{"speaker":"Julia Salant","startTime":722.402,"endTime":727.162,"body":"some business units, some cost"},{"speaker":"Julia Salant","startTime":722.402,"endTime":727.162,"body":"centers, some part of your expenses."},{"speaker":"Julia Salant","startTime":727.392,"endTime":729.422,"body":"No, you're going to have a partial view."},{"speaker":"Julia Salant","startTime":729.4620000000001,"endTime":734.5820000000001,"body":"And this partial view is quite"},{"speaker":"Julia Salant","startTime":729.4620000000001,"endTime":734.5820000000001,"body":"important for investors that are"},{"speaker":"Julia Salant","startTime":734.5820000000001,"endTime":737.0920000000001,"body":"looking at investing in companies."},{"speaker":"Julia Salant","startTime":737.282,"endTime":743.072,"body":"And it's especially important for"},{"speaker":"Julia Salant","startTime":737.282,"endTime":743.072,"body":"companies who have a vast majority"},{"speaker":"Julia Salant","startTime":743.0920000000001,"endTime":748.0820000000001,"body":"of their scope three in the supply"},{"speaker":"Julia Salant","startTime":743.0920000000001,"endTime":748.0820000000001,"body":"chain, which means that these are"},{"speaker":"Julia Salant","startTime":748.0820000000001,"endTime":752.8720000000001,"body":"companies, like, think about very"},{"speaker":"Julia Salant","startTime":748.0820000000001,"endTime":752.8720000000001,"body":"big brands, like Unilever other fast"},{"speaker":"Julia Salant","startTime":752.8720000000001,"endTime":754.6320000000001,"body":"moving consumer goods companies."},{"speaker":"Julia Salant","startTime":755.0020000000001,"endTime":758.9620000000001,"body":"They have a majority of their"},{"speaker":"Julia Salant","startTime":755.0020000000001,"endTime":758.9620000000001,"body":"footprint in the supply chain,"},{"speaker":"Julia Salant","startTime":759.1220000000001,"endTime":763.2520000000001,"body":"which means that what they don't"},{"speaker":"Julia Salant","startTime":759.1220000000001,"endTime":763.2520000000001,"body":"know, they cannot really manage."},{"speaker":"Julia Salant","startTime":763.422,"endTime":765.4720000000001,"body":"They cannot properly"},{"speaker":"Julia Salant","startTime":763.422,"endTime":765.4720000000001,"body":"report on their risks."},{"speaker":"Julia Salant","startTime":765.792,"endTime":770.6020000000001,"body":"So this is this creates this"},{"speaker":"Julia Salant","startTime":765.792,"endTime":770.6020000000001,"body":"hyper focus on scope 3 because"},{"speaker":"Julia Salant","startTime":770.642,"endTime":773.8820000000001,"body":"it's needed, but it's hard."},{"speaker":"Julia Salant","startTime":773.9620000000001,"endTime":774.912,"body":"It's challenging."},{"speaker":"Julia Salant","startTime":774.932,"endTime":777.0120000000001,"body":"It's not easy to find data on."},{"speaker":"Julia Salant","startTime":777.3420000000001,"endTime":781.8620000000001,"body":"So this, you know, combination of"},{"speaker":"Julia Salant","startTime":777.3420000000001,"endTime":781.8620000000001,"body":"something that is quite risky and"},{"speaker":"Julia Salant","startTime":781.8620000000001,"endTime":783.9820000000001,"body":"something that is not easily available."},{"speaker":"Julia Salant","startTime":784.202,"endTime":787.062,"body":"It really creates a lot of"},{"speaker":"Julia Salant","startTime":784.202,"endTime":787.062,"body":"attention and focus on scope 3."},{"speaker":"Julia Salant","startTime":787.5820000000001,"endTime":792.0920000000001,"body":"Now, with regards to regulation,"},{"speaker":"Julia Salant","startTime":787.5820000000001,"endTime":792.0920000000001,"body":"CSRD requires reporting on scope"},{"speaker":"Julia Salant","startTime":792.1120000000001,"endTime":794.176,"body":"3  as part of their requirements."},{"speaker":"Julia Salant","startTime":794.176,"endTime":798.926,"body":"This is 1 of the bigger this is,"},{"speaker":"Julia Salant","startTime":794.176,"endTime":798.926,"body":"this is 1 of the newer regulations"},{"speaker":"Julia Salant","startTime":798.926,"endTime":800.826,"body":"that we hear a lot about."},{"speaker":"Julia Salant","startTime":801.1360000000001,"endTime":802.2660000000001,"body":"On the other hand, in the U."},{"speaker":"Julia Salant","startTime":802.2660000000001,"endTime":802.6060000000001,"body":"S."},{"speaker":"Julia Salant","startTime":802.666,"endTime":807.7860000000001,"body":"as you've pointed out, the California"},{"speaker":"Julia Salant","startTime":802.666,"endTime":807.7860000000001,"body":"rule will also require reporting on"},{"speaker":"Julia Salant","startTime":808.1890000000001,"endTime":812.0690000000001,"body":"scope 3 and this is for companies"},{"speaker":"Julia Salant","startTime":808.1890000000001,"endTime":812.0690000000001,"body":"that are doing business in California"},{"speaker":"Julia Salant","startTime":812.0690000000001,"endTime":817.8290000000001,"body":"with with over a billion of revenue,"},{"speaker":"Julia Salant","startTime":812.0690000000001,"endTime":817.8290000000001,"body":"which means that these are companies"},{"speaker":"Julia Salant","startTime":818.0490000000001,"endTime":822.729,"body":"that need some time to prepare if"},{"speaker":"Julia Salant","startTime":818.0490000000001,"endTime":822.729,"body":"they haven't been doing it before."},{"speaker":"Julia Salant","startTime":823.0340000000001,"endTime":827.8140000000001,"body":"They need to really organize their own"},{"speaker":"Julia Salant","startTime":823.0340000000001,"endTime":827.8140000000001,"body":"operations and prepare for reporting."},{"speaker":"Julia Salant","startTime":828.1540000000001,"endTime":832.0540000000001,"body":"So this is one of the reasons"},{"speaker":"Julia Salant","startTime":828.1540000000001,"endTime":832.0540000000001,"body":"why we see some phase out rules"},{"speaker":"Julia Salant","startTime":832.0540000000001,"endTime":833.8040000000001,"body":"in a lot of these regulations."},{"speaker":"Julia Salant","startTime":834.4040000000001,"endTime":839.484,"body":"And then last, but not least, I"},{"speaker":"Julia Salant","startTime":834.4040000000001,"endTime":839.484,"body":"really view scope 3 as an opportunity"},{"speaker":"Julia Salant","startTime":839.494,"endTime":846.094,"body":"because companies who are, who have"},{"speaker":"Julia Salant","startTime":839.494,"endTime":846.094,"body":"a quite a heavy scope 3 and have a"},{"speaker":"Julia Salant","startTime":846.094,"endTime":848.2040000000001,"body":"lot of suppliers associated with it."},{"speaker":"Julia Salant","startTime":848.4540000000001,"endTime":855.899,"body":"This creates an opportunity to engage"},{"speaker":"Julia Salant","startTime":848.4540000000001,"endTime":855.899,"body":"and create value and co innovate on"},{"speaker":"Julia Salant","startTime":855.899,"endTime":861.0590000000001,"body":"certain processes on certain products"},{"speaker":"Julia Salant","startTime":855.899,"endTime":861.0590000000001,"body":"and on certain ways of doing business"},{"speaker":"Julia Salant","startTime":861.0590000000001,"endTime":867.4490000000001,"body":"together, because when you're looking at"},{"speaker":"Julia Salant","startTime":861.0590000000001,"endTime":867.4490000000001,"body":"when you're looking outside of your four"},{"speaker":"Julia Salant","startTime":867.4490000000001,"endTime":872.3190000000001,"body":"walls, and you start working together"},{"speaker":"Julia Salant","startTime":867.4490000000001,"endTime":872.3190000000001,"body":"within the network in which within"},{"speaker":"Julia Salant","startTime":872.3190000000001,"endTime":877.4090000000001,"body":"your value chain, there are, you start"},{"speaker":"Julia Salant","startTime":872.3190000000001,"endTime":877.4090000000001,"body":"identifying some, new opportunities"},{"speaker":"Julia Salant","startTime":877.4490000000001,"endTime":878.889,"body":"that you haven't seen before."},{"speaker":"Julia Salant","startTime":879.139,"endTime":882.139,"body":"And this is something that is quite"},{"speaker":"Julia Salant","startTime":879.139,"endTime":882.139,"body":"exciting for me about scope three."},{"speaker":"Tom Raftery","startTime":882.879,"endTime":883.339,"body":"Okay."},{"speaker":"Tom Raftery","startTime":883.4190000000001,"endTime":888.479,"body":"And obviously with the vast majority of"},{"speaker":"Tom Raftery","startTime":883.4190000000001,"endTime":888.479,"body":"scope three generally coming from the"},{"speaker":"Tom Raftery","startTime":888.479,"endTime":897.749,"body":"suppliers, do you get your suppliers"},{"speaker":"Tom Raftery","startTime":888.479,"endTime":897.749,"body":"to accurately measure and report?"},{"speaker":"Tom Raftery","startTime":897.7790000000001,"endTime":902.3240000000001,"body":"Because it's fine if they're"},{"speaker":"Tom Raftery","startTime":897.7790000000001,"endTime":902.3240000000001,"body":"all within your organization."},{"speaker":"Tom Raftery","startTime":902.3340000000001,"endTime":905.504,"body":"You can just, you know,"},{"speaker":"Tom Raftery","startTime":902.3340000000001,"endTime":905.504,"body":"require them to give it to you."},{"speaker":"Tom Raftery","startTime":905.504,"endTime":909.854,"body":"But when they're in an, an outside"},{"speaker":"Tom Raftery","startTime":905.504,"endTime":909.854,"body":"organization, that's got to be"},{"speaker":"Tom Raftery","startTime":909.854,"endTime":910.864,"body":"a lot more challenging, right?"},{"speaker":"Julia Salant","startTime":913.3340000000001,"endTime":917.5290000000001,"body":"You're absolutely right,"},{"speaker":"Julia Salant","startTime":913.3340000000001,"endTime":917.5290000000001,"body":"and I often have this discussion"},{"speaker":"Julia Salant","startTime":917.5290000000001,"endTime":923.249,"body":"with with my customer base that have"},{"speaker":"Julia Salant","startTime":917.5290000000001,"endTime":923.249,"body":"and the, the 1st and foremost thing"},{"speaker":"Julia Salant","startTime":923.259,"endTime":929.639,"body":"that we go back to is that scope 3"},{"speaker":"Julia Salant","startTime":923.259,"endTime":929.639,"body":"measurement reporting generally carbon"},{"speaker":"Julia Salant","startTime":929.639,"endTime":931.423,"body":"emission management is a journey."},{"speaker":"Julia Salant","startTime":932.0780000000001,"endTime":936.9280000000001,"body":"You can't start today and expect"},{"speaker":"Julia Salant","startTime":932.0780000000001,"endTime":936.9280000000001,"body":"to be at a university level."},{"speaker":"Julia Salant","startTime":937.3380000000001,"endTime":944.6080000000001,"body":"First, if it's your first year reporting,"},{"speaker":"Julia Salant","startTime":937.3380000000001,"endTime":944.6080000000001,"body":"then the focus should be on the baseline,"},{"speaker":"Julia Salant","startTime":944.7080000000001,"endTime":950.8480000000001,"body":"really getting the data in house in order"},{"speaker":"Julia Salant","startTime":944.7080000000001,"endTime":950.8480000000001,"body":"and understanding what could be a longer"},{"speaker":"Julia Salant","startTime":950.8480000000001,"endTime":957.6080000000001,"body":"term plan the next two, three year plan"},{"speaker":"Julia Salant","startTime":950.8480000000001,"endTime":957.6080000000001,"body":"in which you can improve the granularity"},{"speaker":"Julia Salant","startTime":957.6080000000001,"endTime":959.748,"body":"and the quality of your reporting."},{"speaker":"Julia Salant","startTime":960.283,"endTime":964.273,"body":"It is not companies that are"},{"speaker":"Julia Salant","startTime":960.283,"endTime":964.273,"body":"asking their suppliers today to"},{"speaker":"Julia Salant","startTime":964.273,"endTime":966.273,"body":"report their carbon emissions."},{"speaker":"Julia Salant","startTime":966.613,"endTime":969.013,"body":"These are larger companies."},{"speaker":"Julia Salant","startTime":969.013,"endTime":973.8130000000001,"body":"There is a publicly traded companies that"},{"speaker":"Julia Salant","startTime":969.013,"endTime":973.8130000000001,"body":"have been on this journey for decades."},{"speaker":"Julia Salant","startTime":974.363,"endTime":981.6830000000001,"body":"So now getting SMEs engaged in this"},{"speaker":"Julia Salant","startTime":974.363,"endTime":981.6830000000001,"body":"journey really requires a different"},{"speaker":"Julia Salant","startTime":981.6830000000001,"endTime":988.2230000000001,"body":"approach and approach that is based on"},{"speaker":"Julia Salant","startTime":981.6830000000001,"endTime":988.2230000000001,"body":"supplier maturity because supply chains"},{"speaker":"Julia Salant","startTime":988.243,"endTime":994.753,"body":"are not homogeneous, both from profiles"},{"speaker":"Julia Salant","startTime":988.243,"endTime":994.753,"body":"perspective, but also from a readiness"},{"speaker":"Julia Salant","startTime":994.783,"endTime":997.3870000000001,"body":"to report and take action perspective."},{"speaker":"Julia Salant","startTime":997.998,"endTime":1003.488,"body":"As a result, what we do at EcoVadis to"},{"speaker":"Julia Salant","startTime":997.998,"endTime":1003.488,"body":"help really tailor this approach based"},{"speaker":"Julia Salant","startTime":1003.488,"endTime":1009.038,"body":"on supplier maturity is we, we rate"},{"speaker":"Julia Salant","startTime":1003.488,"endTime":1009.038,"body":"suppliers and help our customers quickly"},{"speaker":"Julia Salant","startTime":1009.0580000000001,"endTime":1014.2280000000001,"body":"segment, which are the beginners, which"},{"speaker":"Julia Salant","startTime":1009.0580000000001,"endTime":1014.2280000000001,"body":"are more advanced, and what would be the"},{"speaker":"Julia Salant","startTime":1014.2280000000001,"endTime":1017.8480000000001,"body":"right ask of a certain group of supplier."},{"speaker":"Julia Salant","startTime":1018.148,"endTime":1022.7230000000001,"body":"If you're a beginner, if it's"},{"speaker":"Julia Salant","startTime":1018.148,"endTime":1022.7230000000001,"body":"your 1st year reporting, you"},{"speaker":"Julia Salant","startTime":1022.7230000000001,"endTime":1024.263,"body":"should be asking for a baseline."},{"speaker":"Julia Salant","startTime":1024.743,"endTime":1029.663,"body":"If you're already been on this journey"},{"speaker":"Julia Salant","startTime":1024.743,"endTime":1029.663,"body":"for 3, 4, 5 years, if you have all"},{"speaker":"Julia Salant","startTime":1029.733,"endTime":1034.293,"body":"3 scopes measured, then maybe the"},{"speaker":"Julia Salant","startTime":1029.733,"endTime":1034.293,"body":"next step for you is to start your"},{"speaker":"Julia Salant","startTime":1034.293,"endTime":1035.643,"body":"science based targets journey."},{"speaker":"Julia Salant","startTime":1035.983,"endTime":1039.413,"body":"So, these are some of the things"},{"speaker":"Julia Salant","startTime":1035.983,"endTime":1039.413,"body":"that our customers are dealing"},{"speaker":"Julia Salant","startTime":1039.553,"endTime":1043.473,"body":"with on daily basis with their"},{"speaker":"Julia Salant","startTime":1039.553,"endTime":1043.473,"body":"supplier decarbonization programs."},{"speaker":"Julia Salant","startTime":1043.843,"endTime":1048.413,"body":"And this is what we're supporting"},{"speaker":"Julia Salant","startTime":1043.843,"endTime":1048.413,"body":"them with more information on what the"},{"speaker":"Julia Salant","startTime":1048.413,"endTime":1054.2730000000001,"body":"maturity is, how to engage suppliers"},{"speaker":"Julia Salant","startTime":1048.413,"endTime":1054.2730000000001,"body":"and bringing the right level of tools"},{"speaker":"Julia Salant","startTime":1054.2730000000001,"endTime":1059.103,"body":"to the suppliers to take first steps and"},{"speaker":"Julia Salant","startTime":1054.2730000000001,"endTime":1059.103,"body":"advance on a decarbonization journey."},{"speaker":"Tom Raftery","startTime":1059.7630000000001,"endTime":1063.893,"body":"And what, what are some of"},{"speaker":"Tom Raftery","startTime":1059.7630000000001,"endTime":1063.893,"body":"the more successful strategies in getting"},{"speaker":"Tom Raftery","startTime":1063.903,"endTime":1066.473,"body":"suppliers to start reporting to you?"},{"speaker":"Tom Raftery","startTime":1066.473,"endTime":1070.393,"body":"Because I'm sure they have lots of"},{"speaker":"Tom Raftery","startTime":1066.473,"endTime":1070.393,"body":"other priorities and your requirement"},{"speaker":"Tom Raftery","startTime":1070.403,"endTime":1073.063,"body":"for their reporting carbon is not"},{"speaker":"Tom Raftery","startTime":1070.403,"endTime":1073.063,"body":"going to be one of the higher ones."},{"speaker":"Julia Salant","startTime":1075.0330000000001,"endTime":1076.183,"body":"You're absolutely right."},{"speaker":"Julia Salant","startTime":1076.2930000000001,"endTime":1079.5030000000002,"body":"And I wish I could take"},{"speaker":"Julia Salant","startTime":1076.2930000000001,"endTime":1079.5030000000002,"body":"any credit for this."},{"speaker":"Julia Salant","startTime":1079.613,"endTime":1084.923,"body":"The ultimately the business relationship"},{"speaker":"Julia Salant","startTime":1079.613,"endTime":1084.923,"body":"between buyers and suppliers is one"},{"speaker":"Julia Salant","startTime":1084.923,"endTime":1092.053,"body":"of the biggest drivers of, you know,"},{"speaker":"Julia Salant","startTime":1084.923,"endTime":1092.053,"body":"willingness to engage and take on"},{"speaker":"Julia Salant","startTime":1092.073,"endTime":1096.983,"body":"first steps on a decarbonization"},{"speaker":"Julia Salant","startTime":1092.073,"endTime":1096.983,"body":"journey and on a reporting journey."},{"speaker":"Julia Salant","startTime":1097.403,"endTime":1100.7530000000002,"body":"Our customers are supported by us."},{"speaker":"Julia Salant","startTime":1100.873,"endTime":1106.383,"body":"But with the tools, but ultimately the"},{"speaker":"Julia Salant","startTime":1100.873,"endTime":1106.383,"body":"supplier buyer relationship is something"},{"speaker":"Julia Salant","startTime":1106.393,"endTime":1112.433,"body":"that is quite meaningful to continue"},{"speaker":"Julia Salant","startTime":1106.393,"endTime":1112.433,"body":"working together and look at the end"},{"speaker":"Julia Salant","startTime":1112.433,"endTime":1118.653,"body":"of the day our customers, which are"},{"speaker":"Julia Salant","startTime":1112.433,"endTime":1118.653,"body":"big brands, they've gone through this."},{"speaker":"Julia Salant","startTime":1118.843,"endTime":1121.733,"body":"They're sharing the learnings"},{"speaker":"Julia Salant","startTime":1118.843,"endTime":1121.733,"body":"with their suppliers as well."},{"speaker":"Julia Salant","startTime":1121.733,"endTime":1125.5230000000001,"body":"So this is something  that can be"},{"speaker":"Julia Salant","startTime":1121.733,"endTime":1125.5230000000001,"body":"quite motivational is when the ask"},{"speaker":"Julia Salant","startTime":1125.5330000000001,"endTime":1130.693,"body":"comes from a customer that understands"},{"speaker":"Julia Salant","startTime":1125.5330000000001,"endTime":1130.693,"body":"that it's not easy and simple."},{"speaker":"Julia Salant","startTime":1131.053,"endTime":1137.5230000000001,"body":"It creates the empathy and the"},{"speaker":"Julia Salant","startTime":1131.053,"endTime":1137.5230000000001,"body":"willingness to learn and to report and"},{"speaker":"Julia Salant","startTime":1137.5230000000001,"endTime":1139.553,"body":"to progress on the journey together."},{"speaker":"Tom Raftery","startTime":1140.298,"endTime":1140.768,"body":"Okay."},{"speaker":"Tom Raftery","startTime":1141.228,"endTime":1144.038,"body":"And do you have any success"},{"speaker":"Tom Raftery","startTime":1141.228,"endTime":1144.038,"body":"stories you can speak to?"},{"speaker":"Julia Salant","startTime":1145.873,"endTime":1146.4930000000002,"body":"Absolutely."},{"speaker":"Julia Salant","startTime":1146.933,"endTime":1151.278,"body":"Customers that I see succeed the"},{"speaker":"Julia Salant","startTime":1146.933,"endTime":1151.278,"body":"most with this are start small,"},{"speaker":"Julia Salant","startTime":1152.098,"endTime":1155.268,"body":"scale fast and and continue."},{"speaker":"Julia Salant","startTime":1156.008,"endTime":1156.8680000000002,"body":"They start small."},{"speaker":"Julia Salant","startTime":1156.998,"endTime":1163.578,"body":"They really start with outside in look at"},{"speaker":"Julia Salant","startTime":1156.998,"endTime":1163.578,"body":"their supplier base, understanding where"},{"speaker":"Julia Salant","startTime":1163.578,"endTime":1166.6480000000001,"body":"the higher carbon emission risks lie."},{"speaker":"Julia Salant","startTime":1166.778,"endTime":1171.588,"body":"What we call hotspot mapping really"},{"speaker":"Julia Salant","startTime":1166.778,"endTime":1171.588,"body":"no inputs from suppliers, but"},{"speaker":"Julia Salant","startTime":1171.588,"endTime":1175.894,"body":"understanding where they're located"},{"speaker":"Julia Salant","startTime":1171.588,"endTime":1175.894,"body":"and where, what their activities"},{"speaker":"Julia Salant","startTime":1175.934,"endTime":1183.584,"body":"are to identify those who pose the"},{"speaker":"Julia Salant","startTime":1175.934,"endTime":1183.584,"body":"highest carbon risk to their programs."},{"speaker":"Julia Salant","startTime":1183.929,"endTime":1189.1090000000002,"body":"So identifying those who are in the"},{"speaker":"Julia Salant","startTime":1183.929,"endTime":1189.1090000000002,"body":"higher risk area and then engaging"},{"speaker":"Julia Salant","startTime":1189.479,"endTime":1192.659,"body":"them with a very concrete ask."},{"speaker":"Julia Salant","startTime":1193.279,"endTime":1197.766,"body":"What I see, and this is really"},{"speaker":"Julia Salant","startTime":1193.279,"endTime":1197.766,"body":"related to the start small."},{"speaker":"Julia Salant","startTime":1198.606,"endTime":1203.536,"body":"The customers that I see that are the most"},{"speaker":"Julia Salant","startTime":1198.606,"endTime":1203.536,"body":"successful are inviting suppliers to be"},{"speaker":"Julia Salant","startTime":1203.536,"endTime":1205.9260000000002,"body":"rated by EcoVadis, to get a carbon rating."},{"speaker":"Julia Salant","startTime":1206.066,"endTime":1208.036,"body":"So they can inform next year decisions."},{"speaker":"Julia Salant","startTime":1208.356,"endTime":1212.2340000000002,"body":"But during this rating, they're"},{"speaker":"Julia Salant","startTime":1208.356,"endTime":1212.2340000000002,"body":"asking to report their 1st baseline."},{"speaker":"Julia Salant","startTime":1212.644,"endTime":1216.704,"body":"Reporting of the 1st baseline will"},{"speaker":"Julia Salant","startTime":1212.644,"endTime":1216.704,"body":"be the right ask whether or not"},{"speaker":"Julia Salant","startTime":1216.704,"endTime":1218.564,"body":"you're high maturity or low maturity."},{"speaker":"Julia Salant","startTime":1219.054,"endTime":1224.078,"body":"And with this baseline, it"},{"speaker":"Julia Salant","startTime":1219.054,"endTime":1224.078,"body":"really starts to become an input"},{"speaker":"Julia Salant","startTime":1224.108,"endTime":1225.8780000000002,"body":"for the 2nd and 3rd year ask."},{"speaker":"Julia Salant","startTime":1226.218,"endTime":1231.508,"body":"So looking at the smaller subset of"},{"speaker":"Julia Salant","startTime":1226.218,"endTime":1231.508,"body":"suppliers, getting the data from from"},{"speaker":"Julia Salant","startTime":1231.508,"endTime":1236.688,"body":"them and really informing the strategy"},{"speaker":"Julia Salant","startTime":1231.508,"endTime":1236.688,"body":"for the next years is so and the next,"},{"speaker":"Julia Salant","startTime":1236.698,"endTime":1241.758,"body":"you know, the next groups of suppliers"},{"speaker":"Julia Salant","startTime":1236.698,"endTime":1241.758,"body":"that you're going to engage based on"},{"speaker":"Julia Salant","startTime":1241.758,"endTime":1246.048,"body":"the results that you've gotten from the"},{"speaker":"Julia Salant","startTime":1241.758,"endTime":1246.048,"body":"1st group is really helping to scale the"},{"speaker":"Julia Salant","startTime":1246.048,"endTime":1251.058,"body":"programs in a relatively quick manner,"},{"speaker":"Julia Salant","startTime":1246.048,"endTime":1251.058,"body":"because you need to get some results back."},{"speaker":"Julia Salant","startTime":1251.578,"endTime":1256.833,"body":"See what you can do with them, see whether"},{"speaker":"Julia Salant","startTime":1251.578,"endTime":1256.833,"body":"they're matching what your expectations"},{"speaker":"Julia Salant","startTime":1256.833,"endTime":1258.683,"body":"were, and then scale the programs."},{"speaker":"Tom Raftery","startTime":1259.123,"endTime":1259.5330000000001,"body":"Okay."},{"speaker":"Tom Raftery","startTime":1259.973,"endTime":1264.933,"body":"And in terms of regulations, I mean, we,"},{"speaker":"Tom Raftery","startTime":1259.973,"endTime":1264.933,"body":"we mentioned the California regulations"},{"speaker":"Tom Raftery","startTime":1264.933,"endTime":1274.223,"body":"and CSRD, when will emissions reporting"},{"speaker":"Tom Raftery","startTime":1264.933,"endTime":1274.223,"body":"be mandatory globally out to scope"},{"speaker":"Tom Raftery","startTime":1274.223,"endTime":1276.5330000000001,"body":"three and required to be audited?"},{"speaker":"Tom Raftery","startTime":1276.5430000000001,"endTime":1282.968,"body":"Because if we look at regulations in"},{"speaker":"Tom Raftery","startTime":1276.5430000000001,"endTime":1282.968,"body":"this space, you know, We started off"},{"speaker":"Tom Raftery","startTime":1282.968,"endTime":1287.308,"body":"with none and then we had a little and"},{"speaker":"Tom Raftery","startTime":1282.968,"endTime":1287.308,"body":"you, you got to think that the tendency"},{"speaker":"Tom Raftery","startTime":1287.308,"endTime":1291.938,"body":"and the trend is going to be that they"},{"speaker":"Tom Raftery","startTime":1287.308,"endTime":1291.938,"body":"will be required out to scope three and"},{"speaker":"Tom Raftery","startTime":1291.938,"endTime":1296.228,"body":"it will be required to be audited the"},{"speaker":"Tom Raftery","startTime":1291.938,"endTime":1296.228,"body":"same way financial reporting is now."},{"speaker":"Tom Raftery","startTime":1296.758,"endTime":1301.268,"body":"So how long between now"},{"speaker":"Tom Raftery","startTime":1296.758,"endTime":1301.268,"body":"and then do you think?"},{"speaker":"Julia Salant","startTime":1303.328,"endTime":1308.433,"body":"Look, we need to be"},{"speaker":"Julia Salant","startTime":1303.328,"endTime":1308.433,"body":"realistic and based on everything that we"},{"speaker":"Julia Salant","startTime":1308.433,"endTime":1316.473,"body":"know today and, and the trends that we're"},{"speaker":"Julia Salant","startTime":1308.433,"endTime":1316.473,"body":"seeing in the regulatory space, this is a"},{"speaker":"Julia Salant","startTime":1316.483,"endTime":1319.863,"body":"journey of probably three to five years."},{"speaker":"Julia Salant","startTime":1320.453,"endTime":1324.703,"body":"And to tell you the truth, I don't"},{"speaker":"Julia Salant","startTime":1320.453,"endTime":1324.703,"body":"think that we have three to five"},{"speaker":"Julia Salant","startTime":1324.713,"endTime":1332.233,"body":"years, 1st and 2nd, I actually, I'm"},{"speaker":"Julia Salant","startTime":1324.713,"endTime":1332.233,"body":"not as excited about regulation as a"},{"speaker":"Julia Salant","startTime":1332.233,"endTime":1336.063,"body":"lot of my colleagues that are working"},{"speaker":"Julia Salant","startTime":1332.233,"endTime":1336.063,"body":"in a broader sustainability space."},{"speaker":"Julia Salant","startTime":1336.703,"endTime":1342.723,"body":"In the supply chain decarbonization"},{"speaker":"Julia Salant","startTime":1336.703,"endTime":1342.723,"body":"space, I think the voluntary standards,"},{"speaker":"Julia Salant","startTime":1342.733,"endTime":1347.4930000000002,"body":"such as science based targets and the"},{"speaker":"Julia Salant","startTime":1342.733,"endTime":1347.4930000000002,"body":"buyer supplier relationship and the ask"},{"speaker":"Julia Salant","startTime":1347.4930000000002,"endTime":1355.303,"body":"from the investors, I think are a much"},{"speaker":"Julia Salant","startTime":1347.4930000000002,"endTime":1355.303,"body":"stronger catalyst for change for building"},{"speaker":"Julia Salant","startTime":1355.303,"endTime":1360.113,"body":"of the programs that are longer term"},{"speaker":"Julia Salant","startTime":1355.303,"endTime":1360.113,"body":"that are not purely focused on reporting."},{"speaker":"Julia Salant","startTime":1360.123,"endTime":1365.563,"body":"Reporting for the sake of reporting is"},{"speaker":"Julia Salant","startTime":1360.123,"endTime":1365.563,"body":"one thing, but when you're using data"},{"speaker":"Julia Salant","startTime":1365.903,"endTime":1371.833,"body":"to really improve performance, to report"},{"speaker":"Julia Salant","startTime":1365.903,"endTime":1371.833,"body":"and adjust your emissions based on"},{"speaker":"Julia Salant","startTime":1371.833,"endTime":1374.438,"body":"your suppliers performance improvement."},{"speaker":"Julia Salant","startTime":1374.718,"endTime":1375.958,"body":"This is exciting for me."},{"speaker":"Julia Salant","startTime":1375.968,"endTime":1377.298,"body":"This is real impact."},{"speaker":"Julia Salant","startTime":1377.3680000000002,"endTime":1384.698,"body":"Just putting up the data up in some"},{"speaker":"Julia Salant","startTime":1377.3680000000002,"endTime":1384.698,"body":"portal, I think, is not enough of"},{"speaker":"Julia Salant","startTime":1384.738,"endTime":1387.588,"body":"a, you know, an impact story for me."},{"speaker":"Julia Salant","startTime":1388.308,"endTime":1392.728,"body":"Another thing I would say is that"},{"speaker":"Julia Salant","startTime":1388.308,"endTime":1392.728,"body":"like with everything else, there"},{"speaker":"Julia Salant","startTime":1392.768,"endTime":1401.078,"body":"is a need for audited and granular"},{"speaker":"Julia Salant","startTime":1392.768,"endTime":1401.078,"body":"carbon emissions data to really better"},{"speaker":"Julia Salant","startTime":1401.078,"endTime":1404.358,"body":"inform decisions of our customers."},{"speaker":"Julia Salant","startTime":1405.1580000000001,"endTime":1407.808,"body":"This means that there is an ask."},{"speaker":"Julia Salant","startTime":1408.028,"endTime":1411.548,"body":"It's not that the ask doesn't"},{"speaker":"Julia Salant","startTime":1408.028,"endTime":1411.548,"body":"exist between, for example, buyer"},{"speaker":"Julia Salant","startTime":1411.568,"endTime":1416.258,"body":"suppliers and the current regulatory"},{"speaker":"Julia Salant","startTime":1411.568,"endTime":1416.258,"body":"requirements that are already out there."},{"speaker":"Julia Salant","startTime":1417.038,"endTime":1422.038,"body":"Companies tend to be quite conservative"},{"speaker":"Julia Salant","startTime":1417.038,"endTime":1422.038,"body":"with what they report, which means that"},{"speaker":"Julia Salant","startTime":1422.068,"endTime":1428.708,"body":"even if there is no requirement to have"},{"speaker":"Julia Salant","startTime":1422.068,"endTime":1428.708,"body":"third party audited, companies create"},{"speaker":"Julia Salant","startTime":1429.587,"endTime":1436.117,"body":"the right controls internally to, to"},{"speaker":"Julia Salant","startTime":1429.587,"endTime":1436.117,"body":"have better understanding of the data."},{"speaker":"Julia Salant","startTime":1436.4270000000001,"endTime":1438.987,"body":"It's a risk management"},{"speaker":"Julia Salant","startTime":1436.4270000000001,"endTime":1438.987,"body":"strategy ultimately, right?"},{"speaker":"Julia Salant","startTime":1439.477,"endTime":1445.007,"body":"So, so a few of these things kind of"},{"speaker":"Julia Salant","startTime":1439.477,"endTime":1445.007,"body":"coming together, it's regulation is one"},{"speaker":"Julia Salant","startTime":1445.007,"endTime":1450.567,"body":"of the forces, the need for auditing"},{"speaker":"Julia Salant","startTime":1445.007,"endTime":1450.567,"body":"and right level of granularity is"},{"speaker":"Julia Salant","startTime":1450.9070000000002,"endTime":1452.517,"body":"going to continue being a journey."},{"speaker":"Julia Salant","startTime":1453.327,"endTime":1456.357,"body":"Our customers are asking"},{"speaker":"Julia Salant","startTime":1453.327,"endTime":1456.357,"body":"for it of their suppliers."},{"speaker":"Julia Salant","startTime":1456.587,"endTime":1461.707,"body":"We anticipate the need for 3rd party"},{"speaker":"Julia Salant","startTime":1456.587,"endTime":1461.707,"body":"verification and the accessibility"},{"speaker":"Julia Salant","startTime":1461.747,"endTime":1466.377,"body":"of 3rd party verification of carbon"},{"speaker":"Julia Salant","startTime":1461.747,"endTime":1466.377,"body":"data to grow over the years and"},{"speaker":"Julia Salant","startTime":1466.377,"endTime":1470.797,"body":"then in addition to that, we really"},{"speaker":"Julia Salant","startTime":1466.377,"endTime":1470.797,"body":"need to look at a broader context."},{"speaker":"Julia Salant","startTime":1471.017,"endTime":1473.267,"body":"What do these requests really generate?"},{"speaker":"Julia Salant","startTime":1473.327,"endTime":1475.1970000000001,"body":"Do they generate real impact?"},{"speaker":"Julia Salant","startTime":1475.237,"endTime":1479.1970000000001,"body":"Do they generate a real engagement"},{"speaker":"Julia Salant","startTime":1475.237,"endTime":1479.1970000000001,"body":"between buyers and suppliers?"},{"speaker":"Julia Salant","startTime":1479.1970000000001,"endTime":1483.267,"body":"And do they create the level of"},{"speaker":"Julia Salant","startTime":1479.1970000000001,"endTime":1483.267,"body":"innovation that we're looking for"},{"speaker":"Julia Salant","startTime":1483.607,"endTime":1486.277,"body":"to decrease emissions substantially?"},{"speaker":"Julia Salant","startTime":1486.347,"endTime":1489.707,"body":"So, so these are some of the"},{"speaker":"Julia Salant","startTime":1486.347,"endTime":1489.707,"body":"thoughts around this topic."},{"speaker":"Tom Raftery","startTime":1491.247,"endTime":1495.887,"body":"I'm curious seeing as you"},{"speaker":"Tom Raftery","startTime":1491.247,"endTime":1495.887,"body":"mentioned it, are you seeing these things"},{"speaker":"Tom Raftery","startTime":1495.9070000000002,"endTime":1501.357,"body":"make a significant difference, as in"},{"speaker":"Tom Raftery","startTime":1495.9070000000002,"endTime":1501.357,"body":"are you seeing customers looking down"},{"speaker":"Tom Raftery","startTime":1501.357,"endTime":1506.487,"body":"through their supply base and going, Hmm,"},{"speaker":"Tom Raftery","startTime":1501.357,"endTime":1506.487,"body":"this particular supplier might be a bit"},{"speaker":"Tom Raftery","startTime":1506.487,"endTime":1510.387,"body":"troublesome, need to have a conversation"},{"speaker":"Tom Raftery","startTime":1506.487,"endTime":1510.387,"body":"with them or need to change them."},{"speaker":"Tom Raftery","startTime":1510.627,"endTime":1516.487,"body":"In other words, are the results"},{"speaker":"Tom Raftery","startTime":1510.627,"endTime":1516.487,"body":"organizations are seeing now,"},{"speaker":"Tom Raftery","startTime":1517.117,"endTime":1521.587,"body":"are they changing their business"},{"speaker":"Tom Raftery","startTime":1517.117,"endTime":1521.587,"body":"decisions based on some of that data?"},{"speaker":"Julia Salant","startTime":1523.537,"endTime":1528.6870000000001,"body":"Absolutely, and this is"},{"speaker":"Julia Salant","startTime":1523.537,"endTime":1528.6870000000001,"body":"1 of the reasons we have prioritized at"},{"speaker":"Julia Salant","startTime":1528.6870000000001,"endTime":1535.457,"body":"EcoVadis to bring in EcoVadis data into"},{"speaker":"Julia Salant","startTime":1528.6870000000001,"endTime":1535.457,"body":"procurement systems, because not only"},{"speaker":"Julia Salant","startTime":1535.497,"endTime":1540.1770000000001,"body":"in our network and on our platform that"},{"speaker":"Julia Salant","startTime":1535.497,"endTime":1540.1770000000001,"body":"our customers can consume the EcoVadis"},{"speaker":"Julia Salant","startTime":1540.277,"endTime":1545.527,"body":"ratings data, the EcoVadis carbon"},{"speaker":"Julia Salant","startTime":1540.277,"endTime":1545.527,"body":"rating data, but rather in their own"},{"speaker":"Julia Salant","startTime":1545.527,"endTime":1551.017,"body":"procurement systems and their own ERP"},{"speaker":"Julia Salant","startTime":1545.527,"endTime":1551.017,"body":"systems when they have quarterly reviews"},{"speaker":"Julia Salant","startTime":1551.017,"endTime":1556.9370000000001,"body":"with their suppliers, they're looking"},{"speaker":"Julia Salant","startTime":1551.017,"endTime":1556.9370000000001,"body":"at sustainability and carbon as 1 of"},{"speaker":"Julia Salant","startTime":1556.9370000000001,"endTime":1561.227,"body":"the 4 dimensions based on which they"},{"speaker":"Julia Salant","startTime":1556.9370000000001,"endTime":1561.227,"body":"have a relationship with the supplier."},{"speaker":"Julia Salant","startTime":1561.567,"endTime":1565.9370000000001,"body":"So, in addition to price, on time"},{"speaker":"Julia Salant","startTime":1561.567,"endTime":1565.9370000000001,"body":"delivery, and quality, we're seeing"},{"speaker":"Julia Salant","startTime":1565.9370000000001,"endTime":1571.227,"body":"sustainability as a 4th dimension of a"},{"speaker":"Julia Salant","startTime":1565.9370000000001,"endTime":1571.227,"body":"relationship between buyer and supplier."},{"speaker":"Julia Salant","startTime":1571.4270000000001,"endTime":1576.6870000000001,"body":"And for us pushing this into the taking"},{"speaker":"Julia Salant","startTime":1571.4270000000001,"endTime":1576.6870000000001,"body":"sustainability data and bringing it to"},{"speaker":"Julia Salant","startTime":1576.6870000000001,"endTime":1578.1870000000001,"body":"where our business decisions are made."},{"speaker":"Julia Salant","startTime":1578.527,"endTime":1582.837,"body":"This is what makes a difference"},{"speaker":"Julia Salant","startTime":1578.527,"endTime":1582.837,"body":"in terms of, you know, keeping a"},{"speaker":"Julia Salant","startTime":1582.837,"endTime":1587.6470000000002,"body":"supplier or potentially giving a"},{"speaker":"Julia Salant","startTime":1582.837,"endTime":1587.6470000000002,"body":"supplier a notice saying you have"},{"speaker":"Julia Salant","startTime":1587.8220000000001,"endTime":1590.492,"body":"12 months to improve or else."},{"speaker":"Julia Salant","startTime":1591.222,"endTime":1596.952,"body":"In addition to that, our customers"},{"speaker":"Julia Salant","startTime":1591.222,"endTime":1596.952,"body":"actually set quite a lot of RFP"},{"speaker":"Julia Salant","startTime":1596.952,"endTime":1599.962,"body":"requirements related to both"},{"speaker":"Julia Salant","startTime":1596.952,"endTime":1599.962,"body":"sustainability and carbons."},{"speaker":"Julia Salant","startTime":1600.2820000000002,"endTime":1603.762,"body":"Some of our customers wants to"},{"speaker":"Julia Salant","startTime":1600.2820000000002,"endTime":1603.762,"body":"make sure that their suppliers"},{"speaker":"Julia Salant","startTime":1603.7820000000002,"endTime":1607.172,"body":"have a minimum EcoVadis score"},{"speaker":"Julia Salant","startTime":1603.7820000000002,"endTime":1607.172,"body":"before they do business with them."},{"speaker":"Julia Salant","startTime":1607.652,"endTime":1612.712,"body":"Others would say I will only do"},{"speaker":"Julia Salant","startTime":1607.652,"endTime":1612.712,"body":"business with suppliers that can"},{"speaker":"Julia Salant","startTime":1612.712,"endTime":1616.912,"body":"report their scope 1, 2, 3 emissions"},{"speaker":"Julia Salant","startTime":1612.712,"endTime":1616.912,"body":"to me, because without that, I'm"},{"speaker":"Julia Salant","startTime":1617.342,"endTime":1619.712,"body":"unable to really manage my scope three."},{"speaker":"Julia Salant","startTime":1620.202,"endTime":1625.502,"body":"And this is starting to become"},{"speaker":"Julia Salant","startTime":1620.202,"endTime":1625.502,"body":"business as usual, actually, including"},{"speaker":"Julia Salant","startTime":1625.5620000000001,"endTime":1630.582,"body":"specific RFP requirements relating to"},{"speaker":"Julia Salant","startTime":1625.5620000000001,"endTime":1630.582,"body":"sustainability within our customer base."},{"speaker":"Julia Salant","startTime":1631.267,"endTime":1636.6670000000001,"body":"And the third, you know, and the third"},{"speaker":"Julia Salant","startTime":1631.267,"endTime":1636.6670000000001,"body":"thing that our customers do on an ongoing"},{"speaker":"Julia Salant","startTime":1636.6670000000001,"endTime":1642.327,"body":"basis is that they set thresholds of"},{"speaker":"Julia Salant","startTime":1636.6670000000001,"endTime":1642.327,"body":"scores within their existing supplier base"},{"speaker":"Julia Salant","startTime":1642.6670000000001,"endTime":1648.237,"body":"because they want to take everyone to a"},{"speaker":"Julia Salant","startTime":1642.6670000000001,"endTime":1648.237,"body":"minimum level that is acceptable to them"},{"speaker":"Julia Salant","startTime":1648.557,"endTime":1652.997,"body":"and then from that level to grow supplier"},{"speaker":"Julia Salant","startTime":1648.557,"endTime":1652.997,"body":"maturity year over year over year."},{"speaker":"Julia Salant","startTime":1653.3970000000002,"endTime":1658.1870000000001,"body":"So, in a sense, I do see changes"},{"speaker":"Julia Salant","startTime":1653.3970000000002,"endTime":1658.1870000000001,"body":"that are happening within our network"},{"speaker":"Julia Salant","startTime":1658.1870000000001,"endTime":1661.347,"body":"and actually also outside of our"},{"speaker":"Julia Salant","startTime":1658.1870000000001,"endTime":1661.347,"body":"network because EcoVadis is not"},{"speaker":"Julia Salant","startTime":1661.357,"endTime":1665.347,"body":"the only solution that helps our"},{"speaker":"Julia Salant","startTime":1661.357,"endTime":1665.347,"body":"customers to bring sustainability"},{"speaker":"Julia Salant","startTime":1665.347,"endTime":1667.4270000000001,"body":"data into their business decisions."},{"speaker":"Julia Salant","startTime":1667.857,"endTime":1671.707,"body":"But the fact that it's happening is"},{"speaker":"Julia Salant","startTime":1667.857,"endTime":1671.707,"body":"something that is quite exciting,"},{"speaker":"Julia Salant","startTime":1671.767,"endTime":1676.1470000000002,"body":"and it indicates that we're going"},{"speaker":"Julia Salant","startTime":1671.767,"endTime":1676.1470000000002,"body":"beyond just reporting on it, but"},{"speaker":"Julia Salant","startTime":1676.1970000000001,"endTime":1682.877,"body":"rather working with it and embedding"},{"speaker":"Julia Salant","startTime":1676.1970000000001,"endTime":1682.877,"body":"it at the core of our businesses."},{"speaker":"Tom Raftery","startTime":1683.607,"endTime":1683.9370000000001,"body":"Okay."},{"speaker":"Tom Raftery","startTime":1683.9370000000001,"endTime":1686.357,"body":"And where does technology"},{"speaker":"Tom Raftery","startTime":1683.9370000000001,"endTime":1686.357,"body":"fit into all this?"},{"speaker":"Tom Raftery","startTime":1686.537,"endTime":1687.507,"body":"Where, how is it helping?"},{"speaker":"Julia Salant","startTime":1689.442,"endTime":1691.972,"body":"Well, this is"},{"speaker":"Julia Salant","startTime":1689.442,"endTime":1691.972,"body":"exactly the question that"},{"speaker":"Julia Salant","startTime":1691.972,"endTime":1694.0520000000001,"body":"I've been looking forward to."},{"speaker":"Julia Salant","startTime":1694.5720000000001,"endTime":1701.242,"body":"Imagine managing 3,000 suppliers,"},{"speaker":"Julia Salant","startTime":1694.5720000000001,"endTime":1701.242,"body":"imagine managing 30,000 suppliers on"},{"speaker":"Julia Salant","startTime":1701.242,"endTime":1709.832,"body":"behalf of your fortune 500 company, you"},{"speaker":"Julia Salant","startTime":1701.242,"endTime":1709.832,"body":"cannot engage with 30,000 suppliers in"},{"speaker":"Julia Salant","startTime":1709.832,"endTime":1712.172,"body":"a scalable manner without technology."},{"speaker":"Julia Salant","startTime":1712.442,"endTime":1717.9170000000001,"body":"This is where 1st and foremost the"},{"speaker":"Julia Salant","startTime":1712.442,"endTime":1717.9170000000001,"body":"technology benefit begins begins is"},{"speaker":"Julia Salant","startTime":1717.9170000000001,"endTime":1722.4070000000002,"body":"the scale of engaging with suppliers,"},{"speaker":"Julia Salant","startTime":1717.9170000000001,"endTime":1722.4070000000002,"body":"getting their data and bringing it"},{"speaker":"Julia Salant","startTime":1722.4170000000001,"endTime":1724.297,"body":"back into your business systems."},{"speaker":"Julia Salant","startTime":1724.837,"endTime":1729.607,"body":"Another aspect of it is is really"},{"speaker":"Julia Salant","startTime":1724.837,"endTime":1729.607,"body":"about the fact that sustainability"},{"speaker":"Julia Salant","startTime":1729.607,"endTime":1731.467,"body":"starts to evolve quite quickly."},{"speaker":"Julia Salant","startTime":1732.277,"endTime":1736.392,"body":"You know, if we were to have this"},{"speaker":"Julia Salant","startTime":1732.277,"endTime":1736.392,"body":"conversation three years ago, we"},{"speaker":"Julia Salant","startTime":1736.392,"endTime":1738.3120000000001,"body":"wouldn't have been talking about CSRD."},{"speaker":"Julia Salant","startTime":1738.392,"endTime":1740.7820000000002,"body":"We wouldn't have been talking"},{"speaker":"Julia Salant","startTime":1738.392,"endTime":1740.7820000000002,"body":"about the California rule"},{"speaker":"Julia Salant","startTime":1740.842,"endTime":1743.172,"body":"or about about the SEC rule."},{"speaker":"Julia Salant","startTime":1743.5320000000002,"endTime":1748.352,"body":"So there is quite a"},{"speaker":"Julia Salant","startTime":1743.5320000000002,"endTime":1748.352,"body":"quick evolution on this."},{"speaker":"Julia Salant","startTime":1748.452,"endTime":1754.502,"body":"And when you already have established a"},{"speaker":"Julia Salant","startTime":1748.452,"endTime":1754.502,"body":"relationship when you already established"},{"speaker":"Julia Salant","startTime":1754.502,"endTime":1759.682,"body":"the cadence of data collection and"},{"speaker":"Julia Salant","startTime":1754.502,"endTime":1759.682,"body":"scoring, for example, of your suppliers,"},{"speaker":"Julia Salant","startTime":1760.0720000000001,"endTime":1762.0320000000002,"body":"and there is a change that is happening."},{"speaker":"Julia Salant","startTime":1762.0420000000001,"endTime":1766.2820000000002,"body":"There is something new that is going"},{"speaker":"Julia Salant","startTime":1762.0420000000001,"endTime":1766.2820000000002,"body":"on, technology partners are usually the"},{"speaker":"Julia Salant","startTime":1766.2820000000002,"endTime":1771.002,"body":"first to implement the changes to align"},{"speaker":"Julia Salant","startTime":1766.2820000000002,"endTime":1771.002,"body":"with new regulatory requirements or"},{"speaker":"Julia Salant","startTime":1771.002,"endTime":1775.832,"body":"with the new market evolution to make"},{"speaker":"Julia Salant","startTime":1771.002,"endTime":1775.832,"body":"sure that you have the most up to date"},{"speaker":"Julia Salant","startTime":1776.332,"endTime":1780.342,"body":"data in a format and the structure that"},{"speaker":"Julia Salant","startTime":1776.332,"endTime":1780.342,"body":"is required by certain regulations."},{"speaker":"Tom Raftery","startTime":1781.5410000000002,"endTime":1782.121,"body":"Fair, fair."},{"speaker":"Tom Raftery","startTime":1782.661,"endTime":1787.641,"body":"If you are talking to companies"},{"speaker":"Tom Raftery","startTime":1782.661,"endTime":1787.641,"body":"that are just starting out in the"},{"speaker":"Tom Raftery","startTime":1787.651,"endTime":1791.5810000000001,"body":"space, so anyone listening to this"},{"speaker":"Tom Raftery","startTime":1787.651,"endTime":1791.5810000000001,"body":"who is just starting on the journey,"},{"speaker":"Tom Raftery","startTime":1792.211,"endTime":1793.941,"body":"what would be your advice to them?"},{"speaker":"Julia Salant","startTime":1796.771,"endTime":1797.931,"body":"My advice to them?"},{"speaker":"Tom Raftery","startTime":1798.101,"endTime":1800.5910000000001,"body":"before you, before"},{"speaker":"Tom Raftery","startTime":1798.101,"endTime":1800.5910000000001,"body":"you answer, maybe take it from two"},{"speaker":"Tom Raftery","startTime":1800.5910000000001,"endTime":1805.3310000000001,"body":"perspectives, the advice of someone"},{"speaker":"Tom Raftery","startTime":1800.5910000000001,"endTime":1805.3310000000001,"body":"who has been asked to provide their"},{"speaker":"Tom Raftery","startTime":1805.3310000000001,"endTime":1808.951,"body":"carbon footprint for the first time,"},{"speaker":"Tom Raftery","startTime":1805.3310000000001,"endTime":1808.951,"body":"and the advice of somebody who is"},{"speaker":"Tom Raftery","startTime":1808.961,"endTime":1812.401,"body":"having to go out to their supplier"},{"speaker":"Tom Raftery","startTime":1808.961,"endTime":1812.401,"body":"base for the first time and ask."},{"speaker":"Julia Salant","startTime":1812.901,"endTime":1813.351,"body":"Mm hmm."},{"speaker":"Julia Salant","startTime":1815.3010000000002,"endTime":1819.391,"body":"Indeed, so let's start with those"},{"speaker":"Julia Salant","startTime":1815.3010000000002,"endTime":1819.391,"body":"who are being asked to provide"},{"speaker":"Julia Salant","startTime":1819.391,"endTime":1820.921,"body":"their footprint for the first time."},{"speaker":"Julia Salant","startTime":1821.7910000000002,"endTime":1827.7910000000002,"body":"There are, there are plenty"},{"speaker":"Julia Salant","startTime":1821.7910000000002,"endTime":1827.7910000000002,"body":"of resources that are free and"},{"speaker":"Julia Salant","startTime":1827.8210000000001,"endTime":1829.741,"body":"available in the public domain."},{"speaker":"Julia Salant","startTime":1830.3310000000001,"endTime":1835.981,"body":"Starting from the GHG protocol that"},{"speaker":"Julia Salant","startTime":1830.3310000000001,"endTime":1835.981,"body":"gives the framework and a very simple"},{"speaker":"Julia Salant","startTime":1835.991,"endTime":1841.681,"body":"spreadsheet that can help you calculate"},{"speaker":"Julia Salant","startTime":1835.991,"endTime":1841.681,"body":"the baseline for the 1st time, to the more"},{"speaker":"Julia Salant","startTime":1841.681,"endTime":1845.731,"body":"sophisticated tools that are out there"},{"speaker":"Julia Salant","startTime":1841.681,"endTime":1845.731,"body":"that are much more industry specific."},{"speaker":"Julia Salant","startTime":1846.5910000000001,"endTime":1849.661,"body":"In addition to that, of course,"},{"speaker":"Julia Salant","startTime":1846.5910000000001,"endTime":1849.661,"body":"I will encourage you to check"},{"speaker":"Julia Salant","startTime":1849.661,"endTime":1853.881,"body":"out the resources that we have"},{"speaker":"Julia Salant","startTime":1849.661,"endTime":1853.881,"body":"available on our on our website."},{"speaker":"Julia Salant","startTime":1854.751,"endTime":1859.881,"body":"But the idea is that you don't have"},{"speaker":"Julia Salant","startTime":1854.751,"endTime":1859.881,"body":"to go very sophisticated right away"},{"speaker":"Julia Salant","startTime":1860.3110000000001,"endTime":1864.931,"body":"to identify your own inventories"},{"speaker":"Julia Salant","startTime":1860.3110000000001,"endTime":1864.931,"body":"and start this journey internally."},{"speaker":"Julia Salant","startTime":1865.411,"endTime":1869.381,"body":"You can leverage publicly"},{"speaker":"Julia Salant","startTime":1865.411,"endTime":1869.381,"body":"available resources to get started?"},{"speaker":"Julia Salant","startTime":1870.241,"endTime":1875.5910000000001,"body":"Another thing that I will encourage"},{"speaker":"Julia Salant","startTime":1870.241,"endTime":1875.5910000000001,"body":"to do is not to do it by yourself."},{"speaker":"Julia Salant","startTime":1876.411,"endTime":1882.401,"body":"Connect with peers, connect with your"},{"speaker":"Julia Salant","startTime":1876.411,"endTime":1882.401,"body":"teams internally, because if you have"},{"speaker":"Julia Salant","startTime":1882.401,"endTime":1887.761,"body":"been tasked with calculating your carbon"},{"speaker":"Julia Salant","startTime":1882.401,"endTime":1887.761,"body":"footprint, it is very likely that a lot"},{"speaker":"Julia Salant","startTime":1887.761,"endTime":1889.8110000000001,"body":"of your peers have done that as well."},{"speaker":"Julia Salant","startTime":1889.981,"endTime":1893.701,"body":"There are a lot of industry specific"},{"speaker":"Julia Salant","startTime":1889.981,"endTime":1893.701,"body":"groups and peer groups that are out"},{"speaker":"Julia Salant","startTime":1893.701,"endTime":1896.911,"body":"there that are working on exactly"},{"speaker":"Julia Salant","startTime":1893.701,"endTime":1896.911,"body":"the same topics that you are."},{"speaker":"Julia Salant","startTime":1897.201,"endTime":1898.671,"body":"So tap into your network."},{"speaker":"Julia Salant","startTime":1899.3210000000001,"endTime":1901.371,"body":"And the last thing is."},{"speaker":"Julia Salant","startTime":1902.0810000000001,"endTime":1904.161,"body":"It's really the expectation management."},{"speaker":"Julia Salant","startTime":1904.651,"endTime":1909.361,"body":"There are this is going to be a journey"},{"speaker":"Julia Salant","startTime":1904.651,"endTime":1909.361,"body":"and this is not a 1 time exercise."},{"speaker":"Julia Salant","startTime":1909.731,"endTime":1914.3410000000001,"body":"So, whatever you do right now, you need"},{"speaker":"Julia Salant","startTime":1909.731,"endTime":1914.3410000000001,"body":"to figure out how to make it repeatable."},{"speaker":"Julia Salant","startTime":1915.191,"endTime":1919.191,"body":"So together with your leadership"},{"speaker":"Julia Salant","startTime":1915.191,"endTime":1919.191,"body":"team, it is something that you're"},{"speaker":"Julia Salant","startTime":1919.191,"endTime":1923.2910000000002,"body":"going to have an education, an"},{"speaker":"Julia Salant","startTime":1919.191,"endTime":1923.2910000000002,"body":"educational role to play within your"},{"speaker":"Julia Salant","startTime":1923.2910000000002,"endTime":1926.631,"body":"organization, because if you're tasked"},{"speaker":"Julia Salant","startTime":1923.2910000000002,"endTime":1926.631,"body":"with it, it means that it's important."},{"speaker":"Julia Salant","startTime":1926.731,"endTime":1930.5510000000002,"body":"The ask is coming from outside, but now"},{"speaker":"Julia Salant","startTime":1926.731,"endTime":1930.5510000000002,"body":"you're going to have to build allies and"},{"speaker":"Julia Salant","startTime":1930.5510000000002,"endTime":1932.481,"body":"partners within your own organization."},{"speaker":"Julia Salant","startTime":1932.731,"endTime":1938.681,"body":"So educating your internal teams on why"},{"speaker":"Julia Salant","startTime":1932.731,"endTime":1938.681,"body":"this is important, how you're, how it's"},{"speaker":"Julia Salant","startTime":1938.681,"endTime":1943.376,"body":"going to benefit your business and,"},{"speaker":"Julia Salant","startTime":1938.681,"endTime":1943.376,"body":"what opportunities it will create for"},{"speaker":"Julia Salant","startTime":1943.376,"endTime":1945.7160000000001,"body":"you and your teams is really important."},{"speaker":"Julia Salant","startTime":1945.726,"endTime":1949.156,"body":"So these are the 3 things that"},{"speaker":"Julia Salant","startTime":1945.726,"endTime":1949.156,"body":"I would that I would recommend."},{"speaker":"Julia Salant","startTime":1949.1660000000002,"endTime":1953.816,"body":"And again, starting small and"},{"speaker":"Julia Salant","startTime":1949.1660000000002,"endTime":1953.816,"body":"scaling fast also applies here."},{"speaker":"Julia Salant","startTime":1954.4260000000002,"endTime":1960.606,"body":"What I will say to someone who's"},{"speaker":"Julia Salant","startTime":1954.4260000000002,"endTime":1960.606,"body":"starting to engage their suppliers"},{"speaker":"Julia Salant","startTime":1960.836,"endTime":1965.516,"body":"for the first time and want to want"},{"speaker":"Julia Salant","startTime":1960.836,"endTime":1965.516,"body":"to shift from, you know, industry"},{"speaker":"Julia Salant","startTime":1965.556,"endTime":1971.356,"body":"averages into a primary supplier data"},{"speaker":"Julia Salant","startTime":1965.556,"endTime":1971.356,"body":"for their scope three calculation, I"},{"speaker":"Julia Salant","startTime":1971.356,"endTime":1974.136,"body":"would say, first and foremost, patience."},{"speaker":"Julia Salant","startTime":1974.746,"endTime":1977.836,"body":"This is again going to be a journey."},{"speaker":"Julia Salant","startTime":1978.726,"endTime":1983.576,"body":"It is likely what I see within our"},{"speaker":"Julia Salant","startTime":1978.726,"endTime":1983.576,"body":"network that only 20 percent of your"},{"speaker":"Julia Salant","startTime":1983.626,"endTime":1990.7160000000001,"body":"suppliers will have any type of carbon"},{"speaker":"Julia Salant","startTime":1983.626,"endTime":1990.7160000000001,"body":"data off the bat, the other 80, are going"},{"speaker":"Julia Salant","startTime":1990.7160000000001,"endTime":1997.401,"body":"to have to start this journey and this"},{"speaker":"Julia Salant","startTime":1990.7160000000001,"endTime":1997.401,"body":"journey can take for SMEs 12, 18 months."},{"speaker":"Julia Salant","startTime":1997.441,"endTime":2000.871,"body":"For a large organization, it"},{"speaker":"Julia Salant","startTime":1997.441,"endTime":2000.871,"body":"can take it can take longer."},{"speaker":"Julia Salant","startTime":2000.871,"endTime":2002.011,"body":"It can take 2 years."},{"speaker":"Julia Salant","startTime":2002.021,"endTime":2005.661,"body":"Think about setting up really"},{"speaker":"Julia Salant","startTime":2002.021,"endTime":2005.661,"body":"robust processes internally."},{"speaker":"Julia Salant","startTime":2005.721,"endTime":2011.851,"body":"It can take time to get approval,"},{"speaker":"Julia Salant","startTime":2005.721,"endTime":2011.851,"body":"engagement, and real and real traction."},{"speaker":"Julia Salant","startTime":2012.3210000000001,"endTime":2018.411,"body":"So, so for that, you need to manage your"},{"speaker":"Julia Salant","startTime":2012.3210000000001,"endTime":2018.411,"body":"expectations and use whatever is available"},{"speaker":"Julia Salant","startTime":2018.411,"endTime":2021.096,"body":"right now to build for the future."},{"speaker":"Julia Salant","startTime":2021.146,"endTime":2026.111,"body":"Another thing that I wanted to highlight"},{"speaker":"Julia Salant","startTime":2021.146,"endTime":2026.111,"body":"is also for the companies that are"},{"speaker":"Julia Salant","startTime":2026.111,"endTime":2030.851,"body":"engaging their suppliers in climate"},{"speaker":"Julia Salant","startTime":2026.111,"endTime":2030.851,"body":"action and are interested in scope 3"},{"speaker":"Julia Salant","startTime":2030.851,"endTime":2034.0910000000001,"body":"decarbonization again, peer groups."},{"speaker":"Julia Salant","startTime":2035.101,"endTime":2037.901,"body":"EcoVadis have been part of Pact, W."},{"speaker":"Julia Salant","startTime":2037.901,"endTime":2038.031,"body":"B."},{"speaker":"Julia Salant","startTime":2038.031,"endTime":2038.201,"body":"C."},{"speaker":"Julia Salant","startTime":2038.201,"endTime":2038.3310000000001,"body":"S."},{"speaker":"Julia Salant","startTime":2038.3310000000001,"endTime":2038.501,"body":"D."},{"speaker":"Julia Salant","startTime":2038.501,"endTime":2038.921,"body":"pact."},{"speaker":"Julia Salant","startTime":2038.931,"endTime":2044.521,"body":"It's an initiative that brings in"},{"speaker":"Julia Salant","startTime":2038.931,"endTime":2044.521,"body":"companies across all industries that are"},{"speaker":"Julia Salant","startTime":2044.5410000000002,"endTime":2051.256,"body":"particularly interested in creating the"},{"speaker":"Julia Salant","startTime":2044.5410000000002,"endTime":2051.256,"body":"foundation for scope 3 decarbonization"},{"speaker":"Julia Salant","startTime":2051.586,"endTime":2056.556,"body":"for supply chain decarbonization"},{"speaker":"Julia Salant","startTime":2051.586,"endTime":2056.556,"body":"through product carbon footprint data"},{"speaker":"Julia Salant","startTime":2056.6259999999997,"endTime":2063.016,"body":"that is granular enough and useful"},{"speaker":"Julia Salant","startTime":2056.6259999999997,"endTime":2063.016,"body":"for exactly the purpose of improving"},{"speaker":"Julia Salant","startTime":2063.016,"endTime":2064.806,"body":"your own scope three calculations."},{"speaker":"Julia Salant","startTime":2065.616,"endTime":2070.4519999999998,"body":"So joining peer groups is absolutely"},{"speaker":"Julia Salant","startTime":2065.616,"endTime":2070.4519999999998,"body":"critical because we're all"},{"speaker":"Julia Salant","startTime":2070.462,"endTime":2072.9719999999998,"body":"facing with similar challenges."},{"speaker":"Julia Salant","startTime":2072.9919999999997,"endTime":2077.422,"body":"There is a lot of knowledge to be shared,"},{"speaker":"Julia Salant","startTime":2072.9919999999997,"endTime":2077.422,"body":"and there is a lot of opportunities"},{"speaker":"Julia Salant","startTime":2077.442,"endTime":2081.452,"body":"to learn from each other on the things"},{"speaker":"Julia Salant","startTime":2077.442,"endTime":2081.452,"body":"that work, the things that don't work"},{"speaker":"Julia Salant","startTime":2081.802,"endTime":2086.852,"body":"and when, you know, a joint pressure"},{"speaker":"Julia Salant","startTime":2081.802,"endTime":2086.852,"body":"is needed,  this is really an excellent"},{"speaker":"Julia Salant","startTime":2086.882,"endTime":2092.022,"body":"way to get momentum when you're facing"},{"speaker":"Julia Salant","startTime":2086.882,"endTime":2092.022,"body":"challenges together with the group."},{"speaker":"Julia Salant","startTime":2092.702,"endTime":2096.747,"body":"I think this is, I think"},{"speaker":"Julia Salant","startTime":2092.702,"endTime":2096.747,"body":"this is all I wanted to say."},{"speaker":"Tom Raftery","startTime":2096.977,"endTime":2097.417,"body":"no problem."},{"speaker":"Tom Raftery","startTime":2097.917,"endTime":2101.5570000000002,"body":"And where to next, both for EcoVadis"},{"speaker":"Tom Raftery","startTime":2097.917,"endTime":2101.5570000000002,"body":"and for the space in general?"},{"speaker":"Julia Salant","startTime":2103.667,"endTime":2110.117,"body":"Look, I think we’ve been in"},{"speaker":"Julia Salant","startTime":2103.667,"endTime":2110.117,"body":"in this kind of transition from voluntary"},{"speaker":"Julia Salant","startTime":2110.137,"endTime":2115.607,"body":"to more structured approaches in the"},{"speaker":"Julia Salant","startTime":2110.137,"endTime":2115.607,"body":"last five years, particularly on carbon."},{"speaker":"Julia Salant","startTime":2115.997,"endTime":2122.627,"body":"We're seeing over 4000 companies globally"},{"speaker":"Julia Salant","startTime":2115.997,"endTime":2122.627,"body":"already setting science based targets."},{"speaker":"Julia Salant","startTime":2122.962,"endTime":2124.952,"body":"This number has doubled in last year."},{"speaker":"Julia Salant","startTime":2125.212,"endTime":2126.322,"body":"This is very exciting."},{"speaker":"Julia Salant","startTime":2126.332,"endTime":2132.312,"body":"This means that despite the global"},{"speaker":"Julia Salant","startTime":2126.332,"endTime":2132.312,"body":"economic difficulties, companies are"},{"speaker":"Julia Salant","startTime":2132.312,"endTime":2139.957,"body":"still doubling down on the need to"},{"speaker":"Julia Salant","startTime":2132.312,"endTime":2139.957,"body":"decarbonize and to engage their entire"},{"speaker":"Julia Salant","startTime":2139.957,"endTime":2143.797,"body":"value chain and decarbonization, not"},{"speaker":"Julia Salant","startTime":2139.957,"endTime":2143.797,"body":"only doing it within their four walls,"},{"speaker":"Julia Salant","startTime":2144.2870000000003,"endTime":2150.567,"body":"which means that for me, this is really"},{"speaker":"Julia Salant","startTime":2144.2870000000003,"endTime":2150.567,"body":"exciting time where opportunities"},{"speaker":"Julia Salant","startTime":2150.567,"endTime":2156.934,"body":"will come to do things faster and do"},{"speaker":"Julia Salant","startTime":2150.567,"endTime":2156.934,"body":"things in a more  structured manner."},{"speaker":"Julia Salant","startTime":2157.404,"endTime":2161.934,"body":"So a lot of our customers up until"},{"speaker":"Julia Salant","startTime":2157.404,"endTime":2161.934,"body":"this moment have experimented"},{"speaker":"Julia Salant","startTime":2161.954,"endTime":2163.534,"body":"with different approaches."},{"speaker":"Julia Salant","startTime":2163.574,"endTime":2169.294,"body":"But now they're already on their 2nd"},{"speaker":"Julia Salant","startTime":2163.574,"endTime":2169.294,"body":"and 3rd year of their decarbonization"},{"speaker":"Julia Salant","startTime":2169.304,"endTime":2174.414,"body":"journeys, and we're starting to see the"},{"speaker":"Julia Salant","startTime":2169.304,"endTime":2174.414,"body":"results of suppliers starting to report"},{"speaker":"Julia Salant","startTime":2174.454,"endTime":2178.704,"body":"more data, of suppliers improving their"},{"speaker":"Julia Salant","startTime":2174.454,"endTime":2178.704,"body":"performance, starting to set targets."},{"speaker":"Julia Salant","startTime":2179.004,"endTime":2181.954,"body":"So, really maintaining this momentum"},{"speaker":"Julia Salant","startTime":2179.004,"endTime":2181.954,"body":"is going to be important in the"},{"speaker":"Julia Salant","startTime":2181.954,"endTime":2185.914,"body":"next couple of years to keep the"},{"speaker":"Julia Salant","startTime":2181.954,"endTime":2185.914,"body":"conversation going between the"},{"speaker":"Julia Salant","startTime":2185.914,"endTime":2190.304,"body":"suppliers, to keep the engagement going,"},{"speaker":"Julia Salant","startTime":2185.914,"endTime":2190.304,"body":"and continue to scale the programs."},{"speaker":"Julia Salant","startTime":2191.014,"endTime":2196.5190000000002,"body":"Another thing that I wanted to share"},{"speaker":"Julia Salant","startTime":2191.014,"endTime":2196.5190000000002,"body":"is that I think we're seeing more and"},{"speaker":"Julia Salant","startTime":2196.5190000000002,"endTime":2204.279,"body":"more companies taking ambitious first"},{"speaker":"Julia Salant","startTime":2196.5190000000002,"endTime":2204.279,"body":"steps when there don't have all the"},{"speaker":"Julia Salant","startTime":2204.619,"endTime":2209.839,"body":"that all the data when they don't have"},{"speaker":"Julia Salant","startTime":2204.619,"endTime":2209.839,"body":"all the all their plans figured out."},{"speaker":"Julia Salant","startTime":2210.199,"endTime":2212.199,"body":"And I think this is very courageous."},{"speaker":"Julia Salant","startTime":2212.2290000000003,"endTime":2217.079,"body":"And I think this is a good example"},{"speaker":"Julia Salant","startTime":2212.2290000000003,"endTime":2217.079,"body":"for the, for the broader industry."},{"speaker":"Julia Salant","startTime":2218.219,"endTime":2224.764,"body":"Very rarely we know what we're going"},{"speaker":"Julia Salant","startTime":2218.219,"endTime":2224.764,"body":"to do exactly to reach a, you know,"},{"speaker":"Julia Salant","startTime":2224.824,"endTime":2231.444,"body":"a 10 year corporate goal, but without"},{"speaker":"Julia Salant","startTime":2224.824,"endTime":2231.444,"body":"an actual commitment and creation of"},{"speaker":"Julia Salant","startTime":2231.534,"endTime":2236.074,"body":"structures around it and accountability"},{"speaker":"Julia Salant","startTime":2231.534,"endTime":2236.074,"body":"around it, we will definitely not"},{"speaker":"Julia Salant","startTime":2236.094,"endTime":2240.244,"body":"reach this goal, whatever ambitious"},{"speaker":"Julia Salant","startTime":2236.094,"endTime":2240.244,"body":"or not ambitious, it could have been."},{"speaker":"Julia Salant","startTime":2240.754,"endTime":2245.6240000000003,"body":"As a result, we're seeing companies that"},{"speaker":"Julia Salant","startTime":2240.754,"endTime":2245.6240000000003,"body":"are starting to set their targets and"},{"speaker":"Julia Salant","startTime":2245.714,"endTime":2250.849,"body":"they're telling me, look, I don't know"},{"speaker":"Julia Salant","startTime":2245.714,"endTime":2250.849,"body":"how I'm going to get there, but without"},{"speaker":"Julia Salant","startTime":2250.899,"endTime":2255.2290000000003,"body":"actually creating a target, I know for"},{"speaker":"Julia Salant","startTime":2250.899,"endTime":2255.2290000000003,"body":"a fact that I'm not going to reach it."},{"speaker":"Julia Salant","startTime":2255.739,"endTime":2261.069,"body":"So with that, we're actually starting"},{"speaker":"Julia Salant","startTime":2255.739,"endTime":2261.069,"body":"to see carbon accounting, supply chain,"},{"speaker":"Julia Salant","startTime":2261.069,"endTime":2267.429,"body":"decarbonization and a general focus"},{"speaker":"Julia Salant","startTime":2261.069,"endTime":2267.429,"body":"in in in climate change mitigation"},{"speaker":"Julia Salant","startTime":2267.9990000000003,"endTime":2273.574,"body":"is going outside of the carbon teams,"},{"speaker":"Julia Salant","startTime":2267.9990000000003,"endTime":2273.574,"body":"outside of the sustainability teams, and"},{"speaker":"Julia Salant","startTime":2273.584,"endTime":2280.184,"body":"more into the general management, the"},{"speaker":"Julia Salant","startTime":2273.584,"endTime":2280.184,"body":"leadership, and the board of companies."},{"speaker":"Julia Salant","startTime":2280.924,"endTime":2287.6040000000003,"body":"And with more knowledge that we have"},{"speaker":"Julia Salant","startTime":2280.924,"endTime":2287.6040000000003,"body":"outside of the expert teams, the"},{"speaker":"Julia Salant","startTime":2287.614,"endTime":2291.8740000000003,"body":"easier it becomes to implement, the"},{"speaker":"Julia Salant","startTime":2287.614,"endTime":2291.8740000000003,"body":"easier it becomes to influence and the"},{"speaker":"Julia Salant","startTime":2291.924,"endTime":2296.674,"body":"easier it becomes to really set the"},{"speaker":"Julia Salant","startTime":2291.924,"endTime":2296.674,"body":"right level of ambition and traction."},{"speaker":"Tom Raftery","startTime":2298.169,"endTime":2301.279,"body":"Great, Julia, we're"},{"speaker":"Tom Raftery","startTime":2298.169,"endTime":2301.279,"body":"coming towards the end of the podcast."},{"speaker":"Tom Raftery","startTime":2301.319,"endTime":2306.219,"body":"Now, is there any question I didn't ask"},{"speaker":"Tom Raftery","startTime":2301.319,"endTime":2306.219,"body":"that you wish I had or any aspect of"},{"speaker":"Tom Raftery","startTime":2306.219,"endTime":2309.5190000000002,"body":"this we haven't focused on that you think"},{"speaker":"Tom Raftery","startTime":2306.219,"endTime":2309.5190000000002,"body":"it's important for people to be aware of?"},{"speaker":"Julia Salant","startTime":2312.384,"endTime":2317.122,"body":"Absolutely, I often"},{"speaker":"Julia Salant","startTime":2312.384,"endTime":2317.122,"body":"get asked, what do I do  if I don't"},{"speaker":"Julia Salant","startTime":2317.122,"endTime":2321.652,"body":"have supplier data, if I don't"},{"speaker":"Julia Salant","startTime":2317.122,"endTime":2321.652,"body":"have the right engagement from my"},{"speaker":"Julia Salant","startTime":2321.652,"endTime":2324.282,"body":"teams, where can I get started?"},{"speaker":"Julia Salant","startTime":2324.752,"endTime":2329.172,"body":"And one of the things that we have"},{"speaker":"Julia Salant","startTime":2324.752,"endTime":2329.172,"body":"done as a company as well is through"},{"speaker":"Julia Salant","startTime":2329.1820000000002,"endTime":2331.6620000000003,"body":"the science based targets process."},{"speaker":"Julia Salant","startTime":2332.092,"endTime":2336.122,"body":"And that is the process"},{"speaker":"Julia Salant","startTime":2332.092,"endTime":2336.122,"body":"that is is quite rigorous."},{"speaker":"Julia Salant","startTime":2337.157,"endTime":2342.7670000000003,"body":"It is not for everyone, but knowing"},{"speaker":"Julia Salant","startTime":2337.157,"endTime":2342.7670000000003,"body":"what is expected can really help"},{"speaker":"Julia Salant","startTime":2342.7670000000003,"endTime":2344.927,"body":"you structure your own programs."},{"speaker":"Julia Salant","startTime":2345.427,"endTime":2349.357,"body":"I have customers that don't"},{"speaker":"Julia Salant","startTime":2345.427,"endTime":2349.357,"body":"yet have science based targets,"},{"speaker":"Julia Salant","startTime":2349.697,"endTime":2353.577,"body":"but they're envisioning to"},{"speaker":"Julia Salant","startTime":2349.697,"endTime":2353.577,"body":"have that in the coming years."},{"speaker":"Julia Salant","startTime":2353.647,"endTime":2358.237,"body":"I think this is one of the good"},{"speaker":"Julia Salant","startTime":2353.647,"endTime":2358.237,"body":"common denominators, common goals,"},{"speaker":"Julia Salant","startTime":2358.237,"endTime":2361.897,"body":"common frameworks that can help"},{"speaker":"Julia Salant","startTime":2358.237,"endTime":2361.897,"body":"you structure your programs."},{"speaker":"Julia Salant","startTime":2362.397,"endTime":2366.782,"body":"But after that, you need to go to"},{"speaker":"Julia Salant","startTime":2362.397,"endTime":2366.782,"body":"your suppliers and when you go to"},{"speaker":"Julia Salant","startTime":2366.782,"endTime":2369.172,"body":"your suppliers, you need to be simple."},{"speaker":"Julia Salant","startTime":2369.232,"endTime":2374.402,"body":"You can't expect to have everything"},{"speaker":"Julia Salant","startTime":2369.232,"endTime":2374.402,"body":"right at the day that you"},{"speaker":"Julia Salant","startTime":2374.402,"endTime":2375.762,"body":"start your engagement program."},{"speaker":"Julia Salant","startTime":2375.762,"endTime":2379.592,"body":"So, managing expectations and"},{"speaker":"Julia Salant","startTime":2375.762,"endTime":2379.592,"body":"really understanding what is"},{"speaker":"Julia Salant","startTime":2379.592,"endTime":2381.1620000000003,"body":"reasonable can be really helpful."},{"speaker":"Tom Raftery","startTime":2382.027,"endTime":2382.2670000000003,"body":"Cool."},{"speaker":"Tom Raftery","startTime":2382.507,"endTime":2386.877,"body":"If people are interested, I did"},{"speaker":"Tom Raftery","startTime":2382.507,"endTime":2386.877,"body":"an earlier episode of this podcast"},{"speaker":"Tom Raftery","startTime":2386.887,"endTime":2390.977,"body":"with Luis Amaral, the CEO of the"},{"speaker":"Tom Raftery","startTime":2386.887,"endTime":2390.977,"body":"science based targets initiative."},{"speaker":"Tom Raftery","startTime":2391.502,"endTime":2395.872,"body":"Probably about a year ago at this point,"},{"speaker":"Tom Raftery","startTime":2391.502,"endTime":2395.872,"body":"but if anyone wants to dig that out or"},{"speaker":"Tom Raftery","startTime":2396.032,"endTime":2399.242,"body":"get in touch with me and ask for a link"},{"speaker":"Tom Raftery","startTime":2396.032,"endTime":2399.242,"body":"to that, I'll be happy to send it on."},{"speaker":"Tom Raftery","startTime":2399.9320000000002,"endTime":2401.622,"body":"So Julia, that's been really interesting."},{"speaker":"Tom Raftery","startTime":2401.622,"endTime":2404.992,"body":"If people would like to know more"},{"speaker":"Tom Raftery","startTime":2401.622,"endTime":2404.992,"body":"about yourself or any of the things"},{"speaker":"Tom Raftery","startTime":2404.992,"endTime":2407.522,"body":"we mentioned on the podcast today,"},{"speaker":"Tom Raftery","startTime":2404.992,"endTime":2407.522,"body":"where would you have me direct them?"},{"speaker":"Julia Salant","startTime":2409.459,"endTime":2413.879,"body":"Our public website"},{"speaker":"Julia Salant","startTime":2409.459,"endTime":2413.879,"body":"EcoVadis dot com, we have a full section"},{"speaker":"Julia Salant","startTime":2413.879,"endTime":2418.469,"body":"dedicated to carbon, our carbon solution,"},{"speaker":"Julia Salant","startTime":2413.879,"endTime":2418.469,"body":"the value with that we bring to our"},{"speaker":"Julia Salant","startTime":2418.469,"endTime":2422.029,"body":"customers that are starting to engage"},{"speaker":"Julia Salant","startTime":2418.469,"endTime":2422.029,"body":"their suppliers on climate action."},{"speaker":"Julia Salant","startTime":2422.429,"endTime":2425.4990000000003,"body":"In addition to that, you can, of"},{"speaker":"Julia Salant","startTime":2422.429,"endTime":2425.4990000000003,"body":"course, follow me on LinkedIn."},{"speaker":"Julia Salant","startTime":2425.549,"endTime":2430.149,"body":"I try to post the latest knowledge and the"},{"speaker":"Julia Salant","startTime":2425.549,"endTime":2430.149,"body":"latest insights from my engagement with"},{"speaker":"Julia Salant","startTime":2430.159,"endTime":2432.639,"body":"customers and other public appearances."},{"speaker":"Julia Salant","startTime":2432.639,"endTime":2436.059,"body":"So happy and you can"},{"speaker":"Julia Salant","startTime":2432.639,"endTime":2436.059,"body":"follow me there as well."},{"speaker":"Tom Raftery","startTime":2436.1240000000003,"endTime":2437.074,"body":"Tremendous, tremendous."},{"speaker":"Tom Raftery","startTime":2437.434,"endTime":2439.8740000000003,"body":"Julia, that's been great, thanks a"},{"speaker":"Tom Raftery","startTime":2437.434,"endTime":2439.8740000000003,"body":"million for coming on the podcast today."},{"speaker":"Julia Salant","startTime":2441.689,"endTime":2442.339,"body":"Thank you, Tom."},{"speaker":"Julia Salant","startTime":2442.339,"endTime":2443.689,"body":"It's been my absolute pleasure."},{"speaker":"Tom Raftery","startTime":2445.1620000000003,"endTime":2447.032,"body":"Okay, we've"},{"speaker":"Tom Raftery","startTime":2445.1620000000003,"endTime":2447.032,"body":"come to the end of the show."},{"speaker":"Tom Raftery","startTime":2447.752,"endTime":2448.862,"body":"Thanks everyone for listening."},{"speaker":"Tom Raftery","startTime":2449.722,"endTime":2453.872,"body":"If you'd like to know more about the"},{"speaker":"Tom Raftery","startTime":2449.722,"endTime":2453.872,"body":"Climate Confident podcast, feel free to"},{"speaker":"Tom Raftery","startTime":2453.882,"endTime":2457.792,"body":"drop me an email to tomraftery at outlook."},{"speaker":"Tom Raftery","startTime":2458.042,"endTime":2461.522,"body":"com or message me on LinkedIn or Twitter."},{"speaker":"Tom Raftery","startTime":2462.092,"endTime":2465.832,"body":"If you like the show, please don't"},{"speaker":"Tom Raftery","startTime":2462.092,"endTime":2465.832,"body":"forget to click follow on it in your"},{"speaker":"Tom Raftery","startTime":2465.852,"endTime":2470.332,"body":"podcast application of choice to get new"},{"speaker":"Tom Raftery","startTime":2465.852,"endTime":2470.332,"body":"episodes as soon as they're published."},{"speaker":"Tom Raftery","startTime":2470.962,"endTime":2473.922,"body":"Also, please don't forget to"},{"speaker":"Tom Raftery","startTime":2470.962,"endTime":2473.922,"body":"rate and review the podcast."},{"speaker":"Tom Raftery","startTime":2474.122,"endTime":2476.652,"body":"It really does help new"},{"speaker":"Tom Raftery","startTime":2474.122,"endTime":2476.652,"body":"people to find the show."},{"speaker":"Tom Raftery","startTime":2477.742,"endTime":2478.192,"body":"Thanks."},{"speaker":"Tom Raftery","startTime":2478.862,"endTime":2479.782,"body":"Catch you all next time."}]}