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Episode 103 (Sponsored by Commonwealth Bank) -- Peter Cox, Managing Director Gelista and Camilla Waterhouse from CommBank
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This episode was produced in cooperation with Commonwealth Bank of Australia, and features Peter Cox, Managing Director of Gelista, and Camilla Waterhouse, Executive Manager of Environment, Social and Governance in CommBank's Business Banking unit. They discuss the background to the upcoming climate reporting obligations, as well as how companies can use sustainability to create value and reduce risk for their business.
Episode guide
0:20 – An introduction to guests.
2:08 – Some observations on where corporate sustainability is going in the next 12 months.
4:46 – Mandatory climate reporting. Why it’s on the way in, some international context, and some things that will be required of companies captured by this.
8:02 – A lot of companies are measuring a lot of data on climate, but there must also be a mindset switch.
9:03 – Climate reporting and Gelista’s point of view. “In the meantime I’m just gathering together the information and starting to build up an awareness and understanding…”
10:22 – Expected investment in uplifting processes and data to make these disclosure ready.
13:24 – Making sustainability a competitive advantage, and how this looks from the perspective of a smaller manufacturer. A reasonably quick payback is needed, with a few examples of this.
15:55 – Some offerings available to support sustainability programs at both small and larger-scale companies.
19:12 – Gelista’s move into its new factory and some of the sustainability measures included onsite.
21:10 – Concerns about mandatory reporting plus some positive spin on these coming requirements.
Things you should know
Guests featured in the podcast are speaking from their personal experiences only. As this podcast has been prepared without considering your objectives, financial situation or needs, you should, before acting on the content, consider its appropriateness to your circumstances. CommBank does not necessarily endorse the views of a particular individual or guarantee the accuracy of the information provided.
© 2024 Commonwealth Bank of Australia ABN 48 123 123 124 AFSL and Australian credit licence 234945
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