Scott Tew STAY

Alec Crawford welcomed Scott to the Stay Podcast to discuss sustainability, technology, artificial intelligence, and their impact around the world. Scott has had a long career in the environmental field, beginning with working as an environmental scientist for a chemical company, to managing environmental issues globally, and finally joining Trane Technologies to help work in refrigerants. Scott recently attended Davos and his takeaway was that every sector of the economy needed to help move towards a better future with improved sustainable practices and reduced emissions is now at the table. The conversation between the interviewer and the sustainability leader revolves around the concept of sustainability and how it is integral to the success of the company. The sustainability leader defines sustainability as being about who a company wants to be, and how they can continuously improve. Train Technologies has two major facets: HVAC systems and transport refrigeration. The sustainability leader is responsible for leading sustainability efforts and running the Center for Energy Efficiency and Sustainability. Sustainability is not just about environmental efforts, but is also about social work, how employees are treated, and the expectations of suppliers. Sustainability is about making sure the company is positioned for success in the future. Scott, the Sustainability Officer at Trane Technologies, discussed his team's role in designing products for the future and how sustainability is now interwoven with the purpose of the company. He highlighted their program called Operation Possible which encourages employees to think of ways to solve big societal issues, such as increasing access to fresh food. He also discussed his interactions with the CEO and the board, emphasizing that for companies that see sustainability as their business, the CEO, board, and leadership team are fully engaged on all sustainability efforts on a daily basis. Trane Technologies is serious about its commitments to reduce emissions, increase diversity and provide opportunity for all. These commitments are attached to the CEO and manager's compensation, showing how serious the company is. The board has also readjusted expectations, linking progress to ESG issues. The company has set leading commitments around gender parity, investing in STEM education and allowing employees to volunteer in their local communities. Employees are given paid time off to volunteer and the company matches their time with contributions to the organisations.
Timestamps
0:00:01
Scott Discusses Sustainability and Artificial Intelligence on the Stay Podcast
0:02:34
Discussion on Sustainability and Trane Technologies' Role in the Economy
0:07:18
Sustainability Governance and Interactions with the CEO and Board at Trane Technologies
0:12:40
Trane Technologies' Commitment to Emissions Reduction, Diversity, and Community Engagement
0:15:35
Trane Establishing the Firm's Sustainability Goals Through an Inclusive Global Process
0:17:24
Exploring Trane Technologies' Sustainability Strategy and Commitment to Transparency
0:19:12
Sustainability and ESG Disclosure Gaps Between the US and Europe
0:21:09
Exploring the Benefits of Next Generation Heat Pump Technologies
0:25:30
Examining Trade-Offs in Sustainability and Energy Efficiency During a Recession
0:26:57
Conversation on Reducing Greenhouse Gas Emissions and Addressing Societal Issues
0:29:11
Advice for New Chief Sustainability Officers: Materiality Assessments and Bold Public Commitments
0:32:15
Conversation with Sustainability Leader on Net Positive Impact and Engaging Employees
0:33:54
Interview with Scott Tew of Trane Technologies on Climate Change Solutions
Highlights
This has becomes a North Star for a new sustainability...