Sustainability 101 With Jack O’Donoghue | Senior Manager At Deloitte For Sustainability & Climate Change

Jack is a Senior Manager in Deloitte’s Sustainability & Climate Change team, based in Sydney. Jack works with organizations of all shapes and sizes to develop and embed sustainability strategies in order to improve their social and environmental impact. This covers everything from developing ESG targets, sustainability reporting and disclosure, emissions reduction strategies, responsible supply chain, circular economy, and diversity & inclusion.

Show Notes

Jack has a wealth of knowledge in this space having worked with many different companies across multiple industries spanning Australia and the United Kingdom.

In this episode, Jack touches on so many areas, for those just getting started in this space this is a must-listen!

Here are a few things we discuss in this great chat

• Environmental Social and Governance (ESG) reporting 101 - Jack gives a fantastic overview of what this is and how to get started.
• Decarbonization - how businesses can start to think about lowering their carbon footprint, and a quick guide to the different carbon emission scope 1, 2 & 3.
• ESG remuneration - How do you embed environmental and social goals into long-term incentive plans to drive performance.
• The benefits of ESG reporting to companies and consumers.
• How does Australia compare to the United Kingdom when it comes to ESG reports.
• Examples of how companies are successfully embedding these strategies in different ways.
• How to figure out what you should be measuring and how you should set your own company goals.
• How strong ESG performance can drive up employee value propositions and the ability to employ talent.
• The challenges and risks in supply chain analysis for example for something as simple as a banana.
• Jack’s number one action he recommends for everyone to have an impact right now.

Relevant Links

• Deloitte Climate Change and Sustainability Insights
• Measuring Stakeholder Capitalism: Towards Common Metrics and Consistent Reporting of Sustainable Value Creation.
• Vivobarefoot has one of the best sustainability reports.
• All Birds

Jack’s Top 3 Green MBA Topics

1. Impact - Teaching how to measure impact, for example understanding how to prove a product is better socially or environmentally.
2. Alternative Business Models - We seem to be stuck in the idea and concept of private shareholders capitalism, however, there are many other business models that have ESG frameworks baked in from the start such as social enterprises and co-operatives.
3. Learn how to build sustainability into how you solve strategic problems - for example in a traditional MBA you learn how to increase revenue or reduce costs, learning how to build sustainability into solutions from the beginning instead of retrofitting sustainability can be powerful.

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