Can Profitability and Sustainability Coexist? Industry Trend #7 - Ep 181
The Chemical Show: Where Leaders Talk Business
Show Notes
Sustainability is a key trend influencing all industries. Yet, can Profitability and Sustainability Coexist???
In this episode of The Chemical Show, host Victoria Meyer discusses the significant trend of sustainability in the chemical industry. She elaborates on the different facets of sustainability including clean air, water usage reduction, circularity, green hydrogen, green methanol, biotechnology, and sustainable supply chains.
Victoria also addresses the hurdles faced by the industry such as regulatory approvals, affordability, consumer behavior, and investor patience.
Finally, we pose the critical question of whether sustainability and profitability can coexist, citing examples from various companies and noting the challenges and solutions needed for the future.
00:00 Introduction to the Chemical Industry
00:46 Host Introduction and Previous Episode Recap
01:00 Unveiling the Missing Trend: Sustainability
01:31 Exploring Sustainability in the Chemical Industry
04:22 Challenges in Achieving Sustainability
07:43 Affordability and Consumer Behavior
11:25 Regulatory Hurdles and Investor Patience
15:05 The Path Forward: Can Sustainability and Profitability Coexist?
16:52 Conclusion and Call to Action
HBR Article:
It's Time to Unbundle ESG
Other episodes referenced:
Kevin Norfleet, Celanese, Carbon Circularity
Jennifer Holmgren, LanzaTech, 20 Years to Success
Gaurab Chakrabarti, Solugen, A Green Chemistry Unicorn
Corey Tyree, Trillium, Scaling Up
Tom van Aken, Avantium, Commercializing New Technologies