SoS #31: 5 Steps to Credibly Recognise Scope 3 Reductions

"If you were to calculate all the greenhouse gas emissions associated with food waste, it would be the third largest country after the US and China." In this episode of The State of Sustainability, Saif Hameed sits down with Catherine David, CEO of WRAP, for a "vibe check" on the global food sustainability landscape. From the shift toward "Resilience" in the US to the "Polluter Pays" principle of EPR, Catherine brings a level of radical candor to the challenges of leading a global circular economy non-profit.We dive deep into why the industry is moving past surface-level CSR pilots and into "scale play," and Catherine shares a fascinating, counterintuitive discovery about why removing plastic packaging from fruit might actually be the key to reducing household food waste.Key Discussion Points:The WRAP Mission: How a "British export" is helping US and European businesses transition to a circular economy through outcome-driven programs.Resilience vs. CSR: Why "Resilience" is the hottest topic in sustainability right now, and why the era of the "sustainability pilot" is officially over.Extended Producer Responsibility (EPR): A deep dive into the "polluter pays" principle and how it incentivizes businesses to design better, more circular systems.The Food Waste Paradox: Insight into WRAP’s research showing that removing plastic packaging and date labels from fresh produce actually reduces waste by changing consumer behavior.Leadership in a Volatile World: Catherine’s experience stepping into the CEO role during a period of global economic and political instability.The Future of Nutrition: Why nutrient density is poised to become as significant a metric as carbon footprint in the coming years."I’m someone who thinks that decisions should be made with evidence, analysis, fact, and data... but the way I actually make decisions is to listen to the key voices and trusted people in my circle." — Catherine DavidMeet Saif Hameed in person at the State of Sustainability Summit in Chicago on April 15th! To book your place, email [email protected] to transform your sustainability reporting? Start your journey at Altruistiq.comThis podcast is produced by The Podcast Coach.

Are global geopolitical crises derailing your sustainability targets, or creating unexpected opportunities? As the Iran War sends shockwaves through global markets, sustainability professionals must urgently recalibrate their strategies to navigate volatile supply chains, fluctuating commodity prices, and shifting corporate financial pressures.In this episode of the State of Sustainability podcast, host Saif Hameed, founder and CEO of Altruistiq, dives deep into the macroeconomic fallout of the Iran War and outlines four vital themes every sustainability team needs to prepare for.Commodity Price Volatility: With crude oil and fertilizer (ammonia, phosphate) costs surging, the financial business case for renewable energy, alternative packaging, and sustainable agriculture has never been stronger.Financial Market Pressure: A rising global "fear index" (VIX) means corporate leadership will increasingly push for cost-cutting to boost earnings. Sustainability teams must be prepared to aggressively defend their budgets and ROI.Emerging Market Sovereign Risk: Expensive energy imports and a strong U.S. dollar are depleting foreign reserves in the Global South. This will force procurement teams to restructure global supply chains, which will radically shift your Scope 3 emissions.Shifting Consumer Habits: Squeezed discretionary incomes require brands to strongly rearticulate their sustainable value proposition to justify guilt-free consumer purchases.Saif also explains why now is the crucial time to shift from complex 'one time' MAC curves to agile, scenario-based glide paths to keep your targets on track.Episode Resources:Check out the latest White Paper: A Marginal Abatement Cost Analysis of Sustainability Initiatives for the CPG Sector Following the 2026 Iran Conflict, here: https://bit.ly/40zTJ2VMeet Saif Hameed in person at the State of Sustainability Summit in Chicago on April 15th! To book your place, email [email protected] to transform your sustainability reporting? Start your journey at Altruistiq.comThis podcast is produced by The Podcast Coach.

This time we dive into the shifting landscape of corporate climate regulation, focusing specifically on the robust new rules emerging from New York State.Saif Hameed, Founder and CEO of Altruistiq, discusses a recent conversation with Anthony Scaramucci, highlighting how California and New York are forming a regulatory "pincer" that captures major American businesses. Because these two states mandate heavy compliance, federal rollbacks on SEC regulations are becoming somewhat moot. Saif breaks down New York's two-track reality for climate reporting: the already enacted 'Micro Track' (Part 253), which targets physical assets like factories and smokestacks, and the soon to be enacted 'Macro Track' (S9072A), which mandates Scope 1, 2, and 3 emissions reporting for billion-dollar companies generating as little as $1 million in revenue within New York.We also explore how these state laws compare to the EU’s Corporate Sustainability Reporting Directive (CSRD). Saif explains why the EU's broad ESG scope and low revenue thresholds created a multi-million-dollar reporting burden triggering a greenlash from small and mid size businesses such as farming cooperatives. In contrast, the more resilient, emissions-focused U.S. state laws are poised to set a permanent new standard for global business practices.Finally, Saif shares his perspective on why he hopes for no new climate legislation right now, and explores the impending trickle-down effect of Scope 3 data requests and rigorous third-party auditing that all businesses should prepare for.Note: If you're going to be in Chicago on April 5th, reach out to Saif on [email protected] to meet up at the State of Sustainability Summit!Ready to transform your sustainability reporting? Start your journey at Altruistiq.comThis podcast is produced by The Podcast Coach.

While the corporate world remains laser-focused on decarbonisation and Net Zero targets, a critical component of climate strategy is being overlooked: Adaptation. In this episode, we sit down with Mekala Krishnan, partner at McKinsey Global Institute, to discuss why the world needs to simultaneously "walk and chew gum", managing the transition to a low-carbon economy while urgently preparing for the physical risks already locked into the system.Mekala breaks down the staggering economics of adaptation, estimating that the world will need to spend $1.2 trillion annually by 2050, mostly to protect against heat and drought. However, the business case is undeniable: for every $1 invested in adaptation measures, there is an average return of $3 in avoided damages.We dive deep into the specific challenges facing sustainability leaders today, including the psychological barrier that "no one gets paid for a disaster that didn't happen". Mekala also exposes a critical vulnerability in Fortune 500 companies: while their direct operations are often designed for "1 in 10,000 year events," their indirect supply chains remain dangerously exposed to climate disruption.Key Takeaways for Sustainability Professionals:• The "Walk and Chew Gum" Strategy: Why planning large CAPEX buildouts without accounting for higher warming levels is a failure of risk management.• The Fortune 500 Blindspot: Why corporate HQs are resilient, but their supply chains and distribution channels face massive resiliency gaps.• The Heat Penalty: How chronic heat stress will impact worker productivity and agricultural yields, shifting from acute events to chronic conditions.• The Innovation Opportunity: Why cooling solutions and agricultural resilience represent the next frontier for R&D and investment.• Building the Business Case: How to frame adaptation to the C-Suite by moving from "invisible benefits" to tangible ROI.Read the full report here.Contact Saif directly via email: [email protected] to transform your sustainability reporting? Start your journey at Altruistiq.comThis podcast is produced by The Podcast Coach.

If 90% of sustainability professionals believe their department won't exist in five years, where does that leave your career?In this episode of the State of Sustainability, host Saif Hameed tackles the "sustainability bear market". With roles increasingly absorbed into procurement and finance, professionals must go beyond resilience to become "anti-fragile" - a concept from Nassim Nicholas Taleb, describing systems that improve under pressure. To thrive in 2026, sustainability professionals should be attaining hard, transferable skills in data insights and crisis management.This episode includes strategic breakdown of where sustainability professionals can open up opportunities and make a difference:• Corporates: Prioritise high-margin sectors like pharmaceuticals and personal care, where brand equity and free cash flow drive long-term commitment.• Vendors: Exercise caution with consultancies and software firms, as the sector faces consolidation and AI-driven self-service is reducing demand for traditional advisory gigs.• Non-profits: Despite recent criticism, these unsung heroes are stabilising and offer vital roles for honest brokers, capable of bridging government and corporate gaps.The State of Sustainability Podcast is where we unpack the topics and trends of corporate sustainability, hosted by Saif Hameed, Founder and CEO of Altruistiq.Ready to transform your sustainability reporting? Start your journey at Altruistiq.comThis podcast is produced by The Podcast Coach.

In this episode, Saif Hameed is joined by Shannon Bouton, CEO of Delterra, for a wide-ranging conversation about waste, climate and the systems that govern how materials move through our economy. Speaking from snowy Michigan, Shannon brings a global perspective shaped by years of hands-on work designing waste management systems across Southeast Asia, Latin America, and increasingly, the United States.The discussion explores the often-overlooked connection between waste and climate change, particularly the role of organic waste and methane emissions. Shannon challenges the idea that waste, climate and environmental issues can be treated separately, emphasising instead that they are tightly interconnected parts of a single planetary system. Together, Saif and Shannon unpack why waste has become more visible to consumers and companies alike, and why it has largely avoided the political polarisation seen in other sustainability debates.A significant portion of the conversation digs into what makes a waste system “leaky,” why certain materials like PET bottles are more likely to be recovered than sachets or thin films, and how economic incentives shape what actually gets recycled. Shannon explains why designing packaging for recyclability, not just recycled content, is critical, and why simplification for consumers may be one of the most powerful levers companies have.The episode also tackles complex topics like waste-to-energy, extended producer responsibility, and emerging innovations—from advanced recycling to biological solutions for organic waste. Throughout, Shannon offers a clear takeaway for sustainability professionals: there is no silver bullet, but thoughtful system design, material simplification, and aligning economics with environmental outcomes can drive meaningful change at scale.The State of Sustainability Podcast is where we unpack the topics and trends of corporate sustainability, hosted by Saif Hameed, Founder and CEO of Altruistiq.Ready to transform your sustainability reporting? Start your journey at Altruistiq.comThis podcast is produced by The Podcast Coach.

On the latest episode of the State of Sustainability, host Saif Hameed discusses the "wholesale functional shift" and organisational overhaul that defined 2025, where sustainability teams were frequently moved under procurement or legal departments to address supply chain resilience and compliance. Saif also highlights a "general demotion" of the Chief Sustainability Officer (CSO), noting that many of these roles have transitioned from reporting directly to the CEO to sitting deeper within the executive chain. This structural change is accompanied by a growing demand for harder technical skills - such as Life Cycle Assessment (LCA) and data science - as companies move away from generalist roles to focus on carbon as their primary, and often solitary, metric.Looking toward 2026, Saif offers a "cynical realist" outlook, predicting a continued "sustainability freeze" and "green hushing" where companies talk less about their achievements while reducing budgets and incremental initiatives. He anticipates a massive vendor shakeout among distressed software and consultancy providers, alongside a significant "retrenchment" of 2030 climate targets as businesses realize many of their original goals were aspirational rather than achievable. Despite these challenges, Saif emphasises that supplier-specific carbon data is becoming "table stakes" for procurement and that actual progress is being made at a much larger scale than a decade ago.Ready to transform your sustainability reporting? Start your journey at Altruistiq.comThis podcast is produced by The Podcast Coach.

The State of Sustainability Podcast is where we unpack the topics and trends of corporate sustainability, hosted by Saif Hameed, Founder and CEO of Altruistiq. This time Saif speaks with Buffy CEO Leo Wang about how the bedding brand successfully built a sustainable product while pivoting its market message away from environmentalism toward consumer concerns about safety, comfort, and performance.Key Takeaways:• Initial Intent vs. Market Reality: Buffy began around 2017/2018 with the idea that the mass consumer was ready for bedding informed by sustainability values, but mass distribution quickly showed that leading with this message alienated customers.• Safety and Trust as the Wedge: For many North American consumers, "sustainability" often translates to concerns about safety and trust, focusing on whether a product is safe for the household and family, rather than purely environmental impact.• The Sugar Pill Strategy: Buffy intentionally "architected" its product to be highly sustainable (the "medicine") but prioritized performance and comfort messaging (the "candy") so the broad audience would unknowingly buy the ethical product.• Performance is Paramount: Consumers often exhibit weariness toward sustainability claims, worrying that ethical products will be less soft, "crunchy," or defective compared to traditional alternatives, making performance an overriding purchase criterion.• Sustainability as Table Stakes: Deep sustainability has become "table stakes" for D2C brands - a basic check mark that assures the consumer they are not a bad person by buying the product, but not a primary purchase differentiator.• Distribution Demands: Distribution channels, including mass retail and digital advertising, force businesses to appeal to the "least common denominators" of consumer criteria, making financial stability and consistency critical over expensive, deep-seated ethical claims that customers rarely absorb.Ready to transform your sustainability reporting? Start your journey at Altruistiq.comThis podcast is produced by The Podcast Coach.

The State of Sustainability Podcast is where we unpack the topics and trends of corporate sustainability, hosted by Saif Hameed, Founder and CEO of Altruistiq.This time, Saif takes the mic solo to dive into a topic that - according to former Starbucks CSO Michael Kobori - is about to become everyone’s priority: Extended Producer Responsibility (EPR) schemes.In this episode, Saif unpacks his "hot takes" on EPR that you won't find in standard reports. He explores:• The rise of EPR: How a concept once dismissed by the "Jesuits of capitalism" as fantasy has evolved into hard law across Europe and the US.• The hidden drivers: Why cash-strapped municipalities and visceral consumer concerns about waste are accelerating these schemes faster than traditional ESG regulations.• The compliance headache: The complexity of navigating fragmented global schemes and the "who watches the watchers" problem regarding Producer Responsibility Organizations (PROs) and their conflicts of interest.• The market reaction: How the "fruit flies" of the corporate ecosystem (consultancies and software providers) are swarming to solve the data burden.• The opportunity for circularity: Moving beyond the "tax" mentality to a model where brands actually get their materials back - improving durability and reducing costs.Rather than viewing EPR simply as a cost of doing business or a funding mechanism for waste collection, Saif makes the case for a strategic shift - where forward-thinking companies use these schemes to close the loop on their own products, driving true additionality and system change.Ready to transform your sustainability reporting? Start your journey at Altruistiq.comThis podcast is produced by The Podcast Coach.

In this episode, host Saif Hameed takes a deep dive into Bill Gates‘s controversial COP 30 memo. Saif is joined by Faisal Tajdar, head of projects at Acasus. Acasus is an impact focus consultancy that partners with governments around the world on public sector reform. Across his time at Acasus, the Gates foundation and Mackenzie, Faisal has been involved in healthcare reform work in several countries and multiple continents. Ready to transform your sustainability reporting? Start your journey at Altruistiq.comThis podcast is produced by The Podcast Coach.