I speak with Gabriel Thoumi of Responsible Alpha, a consultancy whose mission is to support businesses and communities in securing a low-carbon, sustainable, and equitable future.
(1:24) Production and consumption of plastic(2:53) Plastic industry’s carbon budget(3:59) Reconciling fact that plastic is useful in our society and economy with the fact that it is damaging to the environment(8:35) What the plastic industry is doing to mitigate the plastic problem and the pressure companies feel to change their behavior(11:58) The role of investors(15:40) The role of governments(20:25) Ramification of projected increase in demand for plastic(25:43) New technologies(31:11) Circularity and points of intervention(36:51) Barriers to transitioning from linear to circular economy(40:28) How transitioning to circular economy creates opportunities(42:03) Short-term vs. long-term thinking