97. Chris Kanik on Changing the World One Cup at a Time

Purpose and Profit with Kathy Varol

Purpose and Profit with Kathy Varol

18:09

HR is no longer just about managing people—it’s about shaping the future of work. Jens Baier, BCG’s HR transformation expert, discusses how AI and shifting employee expectations are forcing companies to rethink talent strategies. From re-recruiting to upskilling employees, HR must adapt to a rapidly changing landscape. Learn More: Jens Baier: https://on.bcg.com/41ca7Gv BCG on People Strategy: https://on.bcg.com/3QtAjro Decoding Global Talent: https://on.bcg.com/4gUC4IT…

acum un an 35:07

MP3•Pagina episodului

Smart Cups Technology was recognized on Time Magazine's 100 Best Inventions of the Year list for 2021. Chris also gained global exposure for Smart Cups by winning Season 1 of Gordon Ramsay's Food Stars, securing a $250,000 investment from Gordon Ramsay himself.

In this episode, we discuss:

● The inspiration for Smart Cups

● Why Smart Cups is pursuing a white-label strategy

● The reasoning behind releasing an energy drink as their first product

Key Takeaways:

● A Simple Truth with Big Ripples: Smart Cups is tackling a profound yet simple truth: shipping water as a primary ingredient in products is unnecessary. By letting the end consumer add water themselves, industries can slash emissions from transporting heavy, water-laden goods. Think of the potential impact across sectors—soft drinks, laundry detergents, cleaning supplies, shampoos, conditioners—the list is endless. This shift doesn’t just cut emissions; it reimagines how products are made, sold, and consumed.

● Awareness as the Seed of Change: Actions drive change, but awareness is often the spark that starts it all. Awareness has the power to shift perspectives and open minds, creating a ripple effect that spreads through society. As more people become aware, the momentum grows, leading to collective action that can transform entire systems. Awareness isn’t just a passive state—it’s the ignition point for meaningful change.

● The Unexpected Doorway to Innovation: Innovation can strike at the most unexpected times. Often, the doorway to innovation opens through frustration with the status quo or daydreaming about what could be. For Smart Cups, the doorway to innovation happened at a Taco Tuesday. When you find that doorway, let your imagination wander through it. You never know where it might lead—perhaps to a transformative idea that changes how we live.

References:

● Connect with Chris on LinkedIn

● Smart Cups

● The Smart Cups investment offering on StartEngine

● UCLA paper: “Reducing life cycle material, energy and emissions for liquid consumer products through printing”

● Gordon Ramsay’s Food Stars

● “The Best Inventions of 2021”, Time Magazine

Connect & Share:

If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading them!

If this episode resonated with you, I ask you to send it to a friend. Help bring even more visibility to these leaders that are using business as a force for good!

Subscribe to the Purpose and Profit newsletter to make sure you don’t miss future episodes.

This podcast is for you, the listener. I’d love to hear what resonated with you, or if you have a suggestion on who would be a great guest for this show. Please send me a note at info@KathyVarol.com.

101 episoade

#MBA #Business #Kathy Varol #Adidas #Kathy #Kathyvarol #Profit #Purpose #Varol

97. Chris Kanik on Changing the World One Cup at a Time

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MP3•Pagina episodului

In this episode, we discuss:

● The inspiration for Smart Cups

● Why Smart Cups is pursuing a white-label strategy

● The reasoning behind releasing an energy drink as their first product

Key Takeaways:

References:

● Connect with Chris on LinkedIn

● Smart Cups

● The Smart Cups investment offering on StartEngine

● UCLA paper: “Reducing life cycle material, energy and emissions for liquid consumer products through printing”

● Gordon Ramsay’s Food Stars

● “The Best Inventions of 2021”, Time Magazine

Connect & Share:

If this episode resonated with you, I ask you to send it to a friend. Help bring even more visibility to these leaders that are using business as a force for good!

Subscribe to the Purpose and Profit newsletter to make sure you don’t miss future episodes.

101 episoade

#MBA #Business #Kathy Varol #Adidas #Kathy #Kathyvarol #Profit #Purpose #Varol

All episodes

1
100. Closing a Chapter: Reflecting on the Purpose and Profit Podcast 8:42

acum 5 weeks8:42

8:42

Welcome to the final episode of Purpose and Profit with Kathy Varol . Over the past four years and 100 episodes, this podcast has been a space to celebrate, uplift, and learn from business leaders who are ushering in a new era of conscious capitalism. These remarkable individuals are redefining what it means to succeed in business by bringing heart, humanity, and an inspiring sense of responsibility into everything they do. As we wrap up this chapter, I want to reflect on the incredible journey we’ve shared. Let’s revisit a few of the incredible guests who’ve inspired us along the way, and some of the most important lessons they’ve generously shared with us. If you want to stay connected, I’d love for you to join my weekly newsletter. Each week, I share one idea, perspective, or story that can help you—or your business—contribute to a better world. You can sign up at KathyVarol.com or through the link in the show notes. References: ● Sign up for my newsletter here: https://prodigious-producer-1190.kit.com/a3a8c89415 Select Purpose and Profit episodes: ● Yancey Strickler on Creating a More Generous World ● Adrian Gore on how shared value creates healthier people and healthier profits ● David Bronner on biodiversity, activism, and creating an All-One World ● Lindsey Hoell on building the infrastructure for circular packaging ● Stephanie Benedetto on solving fashion’s deadstock waste problem ● Dalila Wilson-Scott on the holistic approach to diversity & social impact…

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99. Marilyn Waite on Her Life in the Global Climate Justice Fight 47:17

acum 7 weeks47:17

47:17

Marilyn Waite leads the Climate Finance Fund. She has worked across four continents in renewable and nuclear energy, climate modeling, and investment. Author of Sustainability at Work: Careers That Make a Difference , Marilyn’s writing has been featured in the Financial Times , the Boston Globe , and Trellis (formerly GreenBiz ), where she served as editor at large. Marilyn holds a Master’s Degree with distinction in Engineering for Sustainable Development from the University of Cambridge, and a Bachelor’s of Science Degree in Civil and Environmental Engineering, magna cum laude, from Princeton University. She serves on multiple boards and investment committees, including Climate First Bank. In this episode, we discuss: ● The role of established companies and start-ups in battling climate change ● What being intentional about “where your money sleeps” means ● What a JEDI lens—justice, equity, diversity, inclusion—means when investing in climate solutions Key Takeaways: ● Maslow’s Hierarchy and Climate Impact : Imagine mapping global spending against Maslow’s hierarchy of needs. Right now, we can afford to focus higher up on the pyramid—on esteem and self-actualization—but climate change could drastically shift that. Depending on how climate scenarios unfold, global spending may be forced back to the basics: food, water, shelter, and safety. This raises an essential question: how do we prepare to protect those foundational needs while enabling humanity to thrive at every level of the hierarchy and ensure we do so equitably? ● Interconnected Ecosystems for Climate Solutions : Human survival is deeply intertwined with the natural ecosystems around us. We can’t thrive in isolation from the world we depend on. Solving climate change requires more than a single silver-bullet solution; it demands an ecosystem of tools and approaches—just like the ecosystems we’re working to protect. There’s a beautiful symmetry in this: to preserve the balance of nature, we must harness the collective power of diverse, interconnected solutions. ● The Role of Startups in Transforming Big Business : While large, established companies can spark change, the reality is that creating rapid, sweeping transformations within massive global organizations is incredibly challenging. This is where startups step in, bringing fresh ideas, agile solutions, and new ways of operating. Large companies can play a critical role by supporting these startups—scaling their innovations or integrating new processes. Together, they create a powerful dynamic where nimble startups help established giants move the needle on sustainability and vice versa. References: ● Connect with Marilyn on LinkedIn ● Sustainability at Work: Careers That Make a Difference (Second Edition) by Marilyn Waite ● Climate Finance Fund ● Project Drawdown ● Global Alliance for Banking on Values ● Village Capital ● Sphere ● W Fund ● Enduring Planet ● Cap Table Coalition ● Clean Energy Credit Union ● Partnership for Carbon Accounting Financials Connect & Share: If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes ? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading them! If this episode resonated with you, I ask you to send it to a friend. Help bring even more visibility to these leaders that are using business as a force for good! Subscribe to the Purpose and Profit newsletter to make sure you don’t miss future episodes. This podcast is for you, the listener. I’d love to hear what resonated with you, or if you have a suggestion on who would be a great guest for this show. Please send me a note at info@KathyVarol.com .…

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98. Anastasia Volkova on Decarbonizing the Agriculture Value Chain 57:13

acum 9 weeks57:13

57:13

Dr. Anastasia Volkova is the CEO and Co-founder of Regrow Ag, a software company specializing in scalable decarbonization solutions for agriculture, using satellite imagery and proprietary biogeochemical modeling to measure and reduce scope 3 emissions on farms. Operating globally with over 100 customers—including General Mills, Nestle, Kellogg and Unilever—and monitoring 10%+ of the world’s arable land, Regrow aims to be a one-stop shop for the agriculture industry’s climate needs. Anastasia has a PhD in Aerospace Engineering from the University of Sydney. She is also a member of the Forbes Technology Council, a TEDx speaker, and the recipient of multiple awards and honors, including MIT's Innovators Under 35, BBC's 100 Women 2020, UBS Global Visionary, and Bloomberg's New Economy Catalyst. In this episode, we discuss: ● How Anastasia went from a PhD in Aerospace Engineering to focusing on agriculture ● Why some widespread agricultural practices need updating ● How to create a more resilient food system Key Takeaways: ● The Compounding Effects of Our Actions: Actions don’t exist in a vacuum—they compound over time, for better or worse. Agriculture provides a stark example of this.. Conventional practices that release significant greenhouse gases year after year contribute to climate change, creating extreme and unpredictable weather that destabilizes food production. This instability carries immense direct and indirect costs for society. The more we continue down this path, the worse it will become. On the flip side, investing in regenerative practices—while requiring upfront investments—yields compounding positive effects over time. These practices not only help mitigate climate change but also build a resilient food system that can sustain future generations. The key is zooming out to understand how the long-term impacts of today’s choices ripple far into the future. ● The Beauty of an Unscripted Journey : The most fascinating career paths are rarely linear. Anastasia’s academic and professional journey is a testament to the beauty of following your interests, even when the destination isn’t clear. Sometimes, this meandering path leads to creating something entirely new—something that didn’t exist before. Letting go of the notion that your career should follow someone else’s trajectory is liberating. Each of us is meant to carve out our own way, and as we move forward the uniqueness of our path becomes more evident. So, embrace the unexpected turns and trust that your journey will lead down the road that was meant for you. ● Transforming Tradition Through Innovation: Rice paddy cultivation has long been a symbol of timeless tradition—a picturesque image etched into collective memory. Yet, even centuries-old practices aren’t immune to the transformative power of innovation. It’s wild to think that after so many generations, there could be a better way to cultivate rice, a way that challenges the norm and improves upon it. That’s the magic of innovation: it takes what seems fixed and familiar and reimagines it, creating something better. Whether it’s rice paddies or any other deeply ingrained system, innovation reminds us that progress is always possible, and the status quo is just a starting point. References: ● Connect with Anastasia on LinkedIn ● Regrow Ag ● Case study on Regrow’s partnership with General Mills ● Press release on the General Mills/Walmart regenerative agriculture partnership ● Case study on Regrow’s partnership with Cargill ● Case study on Regrow’s partnership with Netafim Connect & Share: If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes ? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading them! If this episode resonated with you, I ask you to send it to a friend. Help bring even more visibility to these leaders that are using business as a force for good! Subscribe to the Purpose and Profit newsletter to make sure you don’t miss future episodes. This podcast is for you, the listener. I’d love to hear what resonated with you, or if you have a suggestion on who would be a great guest for this show. Please send me a note at info@KathyVarol.com .…

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97. Chris Kanik on Changing the World One Cup at a Time 35:07

acum 11 weeks35:07

35:07

Chris Kanik is the CEO and Founder of Smart Cups, a sustainability-driven technology company that achieved global recognition with its flagship product—a printed energy drink. All of the flavors and ingredients are printed on the button of a cup, just add water. The Smart Cups printed technology eliminates the need to bottle and ship liquids, significantly reducing carbon footprint. Smart Cups Technology was recognized on Time Magazine 's 100 Best Inventions of the Year list for 2021. Chris also gained global exposure for Smart Cups by winning Season 1 of Gordon Ramsay's Food Stars , securing a $250,000 investment from Gordon Ramsay himself. In this episode, we discuss: ● The inspiration for Smart Cups ● Why Smart Cups is pursuing a white-label strategy ● The reasoning behind releasing an energy drink as their first product Key Takeaways: ● A Simple Truth with Big Ripples : Smart Cups is tackling a profound yet simple truth: shipping water as a primary ingredient in products is unnecessary. By letting the end consumer add water themselves, industries can slash emissions from transporting heavy, water-laden goods. Think of the potential impact across sectors—soft drinks, laundry detergents, cleaning supplies, shampoos, conditioners—the list is endless. This shift doesn’t just cut emissions; it reimagines how products are made, sold, and consumed. ● Awareness as the Seed of Change : Actions drive change, but awareness is often the spark that starts it all. Awareness has the power to shift perspectives and open minds, creating a ripple effect that spreads through society. As more people become aware, the momentum grows, leading to collective action that can transform entire systems. Awareness isn’t just a passive state—it’s the ignition point for meaningful change. ● The Unexpected Doorway to Innovation: Innovation can strike at the most unexpected times. Often, the doorway to innovation opens through frustration with the status quo or daydreaming about what could be. For Smart Cups, the doorway to innovation happened at a Taco Tuesday. When you find that doorway, let your imagination wander through it. You never know where it might lead—perhaps to a transformative idea that changes how we live. References: ● Connect with Chris on LinkedIn ● Smart Cups ● The Smart Cups investment offering on StartEngine ● UCLA paper: “ Reducing life cycle material, energy and emissions for liquid consumer products through printing ” ● Gordon Ramsay’s Food Stars ● “ The Best Inventions of 2021 ”, Time Magazine Connect & Share: If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes ? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading them! If this episode resonated with you, I ask you to send it to a friend. Help bring even more visibility to these leaders that are using business as a force for good! Subscribe to the Purpose and Profit newsletter to make sure you don’t miss future episodes. This podcast is for you, the listener. I’d love to hear what resonated with you, or if you have a suggestion on who would be a great guest for this show. Please send me a note at info@KathyVarol.com .…

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96. Dimitry Gershenson on Extending Credit to Climate Tech Startups 42:55

acum 13 weeks42:55

42:55

Dimitry Gershenson is the CEO and co-founder of Enduring Planet, a fintech platform that offers founder-friendly working capital and financial advisory services to climate startups and SMEs. Prior to Enduring Planet, Dimitry led M&A and served as COO for Rango Wireless, an Enduring Ventures portfolio company. Before that, Dimitry built Meta’s Energy Access program, a $15M+ investing initiative that enabled energy access for 3M people and unlocked nearly $500M in additional capital in underserved markets like Kenya and India Beyond his role at Enduring Planet, Dimitry sits on the board of Ecosafi, a Lowercarbon-backed climate startup enabling clean cooking in emerging markets. In this episode, we discuss: ● What bridge financing is ● The different financing tools available for climate tech start-ups ● Why Enduring Planet started offering bookkeeping and fractional CFO services to climate start-ups Key Takeaways: ● Bridging the Climate Finance Gap: Addressing climate change requires substantial financial investment. We are building things that have never been built before, and solving challenges that have never been solved before. US Secretary of the Treasury Janet Yellen suggests that achieving net-zero emissions by 2050 necessitates annual investments of approximately $3 trillion. However, in their own study, Moody's states that current funding levels fall significantly short, with a gap of about $2.7 trillion per year projected by 2030. This shortfall hampers efforts to mitigate climate impacts and underscores the need for increased investment from both public and private sectors to build a sustainable future. ● The Power of a Complementary Co-Founder: Launching a startup demands a diverse set of skills, often too extensive for one person to manage alone. Finding a co-founder with complementary abilities can be crucial to a startup's success. This partnership allows for shared responsibilities, diverse perspectives, and a balanced workload, setting the foundation for a resilient and dynamic business. Also, with the mindset of true collaboration, it’s more likely that a leader will share equity equitably across all individuals that are building and contributing to the start-up. ● Embracing Unexpected Opportunities: In the entrepreneurial journey, unexpected opportunities can arise when least anticipated. A potential partner might agree to collaborate despite previous indications otherwise, or a chance encounter could lead to a pivotal breakthrough. Maintaining an open mindset allows you to recognize and seize these moments of serendipity, turning unforeseen possibilities into tangible successes. Stay open to possibility, stay open to things working out for you, stay open to being delightfully surprised References: ● Connect with Dimitry on LinkedIn ● Enduring Planet ● World Resources Institute (WRI) ● Power for All ● Enduring Ventures ● Photon Marine ● Circuit ● Dollaride ● Sparkz ● Blip Energy ● Project K ● Kinetix Connect & Share: If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes ? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading them! If this episode resonated with you, I ask you to send it to a friend. Help bring even more visibility to these leaders that are using business as a force for good! Subscribe to the Purpose and Profit newsletter to make sure you don’t miss future episodes. This podcast is for you, the listener. I’d love to hear what resonated with you, or if you have a suggestion on who would be a great guest for this show. Please send me a note at info@KathyVarol.com .…

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95. Eugene Kirpichov on a Systems Change Approach to the Green Economy 40:13

acum 15 weeks40:13

40:13

Eugene Kirpichov runs Work On Climate, a non-profit building the workforce needed to solve climate change equitably and justly, which he started after leaving his big tech career in 2020 to focus on solving climate change. Work on Climate has helped thousands of people land climate jobs and advance their companies, and is now focusing on creating systems change to support the full climate talent transition. In this episode, we discuss: ● How a systems thinking approach is needed to create “the climate workforce” ● The power of purpose to unite people around a common goal ● Why Eugene left a great career in tech to start Work on Climate Key Takeaways: ● Uniting Around Purpose to Drive Change: A common purpose acts as a powerful bridge, connecting people across backgrounds and experiences by giving them a shared reason to invest their time, energy, and passion. Work On Climate is a perfect example of this. Experts volunteer their time, offering office hours to help people navigate their way into climate careers. Donors open their wallets, not just because it's a good cause, but because they believe in the mission. This common goal of tackling climate change unites individuals who might not have crossed paths otherwise. When people come together around a shared purpose, doors open in new ways—opportunities for collaboration, support, and impact flourish. That’s the true power of purpose. ● Rethinking Our Roles for a Sustainable Future: Solving the climate crisis will require more than just new technology—it demands a complete shift in how we think about our roles, regardless of industry. Eugene emphasized that everyone, no matter what their job is, should be thinking about how they can support a sustainable future. Whether you’re in finance, marketing, engineering, or education, there’s a role to play in driving systems change. The future isn’t just about “climate jobs”—it’s about making every job a climate job. The key is embracing a mindset where sustainability becomes part of every decision and action we take. ● Building the Skills to Shape a Better Future: As we tackle the climate crisis, we need people equipped with the right skills to lead the charge. Eugene highlighted some essential tools for building a sustainable future: STEM knowledge, design thinking, systems thinking, and collaboration. Whether you’re just starting out or already seasoned in your career, these are some skills worth developing. References: ● Connect with Eugene on LinkedIn ● Work on Climate ● An Inconvenient Truth , directed by Davis Guggenheim (2006) ● Eugene’s resignation letter ● terra.do ● OnePointFive ● Climatebase ● Cisco Foundation Connect & Share: If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes ? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading them! If this episode resonated with you, I ask you to send it to a friend. Help bring even more visibility to these leaders that are using business as a force for good! Subscribe to the Purpose and Profit newsletter to make sure you don’t miss future episodes. This podcast is for you, the listener. I’d love to hear what resonated with you, or if you have a suggestion on who would be a great guest for this show. Please send me a note at info@KathyVarol.com.…

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94. Zimri T. Hinshaw on Creating and Scaling Bio-Based Materials 46:29

acum 17 weeks46:29

46:29

Zimri T. Hinshaw, Founder and CEO of Rheom Materials, Inc., is a graduate of Temple University's Economics program and SOSV's IndieBio Program. Zimri started the company from his Temple University dorm room with initial ambitions to design leather jackets and pivoted to creating the materials themselves after realizing a gap in the market. Rheom Materials is pioneering the use of biopolymers derived from plant-based matter for new applications across the fashion, home goods, electronic, and automotive sectors. Their collaborative approach and advanced melt extrusion techniques allow them to develop new materials effectively and sustainably while transforming the plastics industry to create a cleaner, greener, future. They currently have a bio-based resin designed to replace petrochemical plastics and an eco-friendly plant leather. In this episode, we discuss: ● Lessons in creating a start-up ● What makes Rheom Materials suited for explosive growth ● The librarian as a secret ally Key Takeaways: ● University as a Prime Launchpad for Entrepreneurship : Universities can be the perfect testing ground for entrepreneurial ideas. When Zimri founded Rheom Materials, Inc. at Temple University, he leveraged the rich ecosystem a university provides—tapping into students across various disciplines for collaboration, leaning on the university Librarian for market research support, and taking advantage of programs like the Blackstone LaunchPad. Universities, you might say, are the original incubators, offering access to resources, mentorship, and a network of motivated peers. It’s a unique environment where big ideas can be nurtured and refined if you have the vision and drive to create something new. ● Building a Sustainable Future with Alternative Materials : We’re witnessing a boom in the development of alternative materials, and it’s paving the way for a more sustainable future. Companies like Rheom Materials are creating innovative solutions that could replace plastics, leather, and other harmful or environmentally costly materials. Continued innovations in materials science will be key to transforming industries and shifting toward a future where sustainability is the norm. ● The Power of Self-Awareness in Business : When Zimri started Rheom Materials, he had a clear understanding of his strengths and weaknesses. As a young entrepreneur, his strengths were boundless energy, optimism, and a huge vision for what’s possible. But he also recognized there was a lot he didn’t know—like what could potentially sink his company. Instead of pretending to know it all, he hired experienced professionals with decades of industry expertise to complement his vision. This level of self-awareness is crucial in business. It’s not about trying to be good at everything; it’s about leaning into your strengths and surrounding yourself with people who fill in the gaps. The mix of complementary strengths around the table is what paves the best path forward for long-term success. References: Connect with Zimri on LinkedIn Rheom Materials Blackstone LaunchPad Temple University|Fox School of Business Innovative Idea Competition SOSV IndieBio Biofabricate Connect & Share: If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes ? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading them! If this episode resonated with you, I ask you to send it to a friend. Help bring even more visibility to these leaders that are using business as a force for good! Subscribe to the Purpose and Profit newsletter to make sure you don’t miss future episodes. This podcast is for you, the listener. I’d love to hear what resonated with you, or if you have a suggestion on who would be a great guest for this show. Please send me a note at info@KathyVarol.com .…

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93. Eric Rubenstein on Growing the Future of the Climate Tech Industry 57:15

acum 19 weeks57:15

57:15

Eric Rubenstein is the Managing Partner at New Climate Ventures (NCV). NCV launched in October 2021, holistically tackling climate change by investing in innovative early-stage startups that target carbon removal, reduction, and avoidance ecosystems. NCV has invested in companies across climate tech, recycling, alternative materials, food tech, and energy transition, among other emissions-avoiding technologies Before founding NCV, Eric held roles at Citigroup and Louis Dreyfus in their respective commodities and energy trading divisions. In this episode, we discuss: ● Why New Climate Ventures decided to invest in early-stage start-ups ● The different areas they look at when deciding what companies to invest in ● The importance of the founder and leadership of a start-up Key Takeaways: ● What's Your Life Thesis? Most Venture Capital (VC) firms have a thesis, which means a guiding framework or set of principles that defines the types of investments the firm will make, and outlines the firm's core beliefs. If you were to create a thesis to identify and evaluate where you spend your time and energy, what would it be? Take a moment to write it out, and then check where you are against your thesis. Are there any shifts you want to make with how you spend your time and energy? ● Taking a Page Out of the VC Playbook : Three of the filters that New Climate Ventures uses when evaluating potential start-ups to invest in are, 1) alignment with their purpose of carbon reduction, 2) potential for strong financial returns, and 3) New Climate Venture’s ability to add value to the start-up beyond just money. These same filters work wonders when evaluating your next career move. First, does the work align with your purpose? Second, does it offer significant growth and return for you, both financially and personally? Finally, are there ways you are excited to contribute and show up beyond the job description? Remember, where you spend your career energy is a huge investment in the future you're helping to create. ● What Stories Are You Amplifying? The stories we focus our attention on grow. They take up time and space as they’re passed from one person to another—entering rooms, heads, and hearts. The next time you share a story, consider if it’s a story you want to take up more space. Consider shedding light on the things you want more of. Consider making “good-finding” a habit, where you go out of your way to applaud what someone is doing and tell them to keep up the good work. It’s amazing the impact positive reinforcement has, not just to the person we’re patting on the back, but in our own brains when we use our attention to amplify the things we love. References: Connect with Eric on LinkedIn New Climate Ventures Listen to the Purpose and Profit episode with AIR COMPANY here CarbiCrete Rheom Materials Dimensional Energy Connect & Share: If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes ? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading them! If this episode resonated with you, I ask you to send it to a friend. Help bring even more visibility to these leaders that are using business as a force for good! Subscribe to the Purpose and Profit newsletter to make sure you don’t miss future episodes. This podcast is for you, the listener. I’d love to hear what resonated with you, or if you have a suggestion on who would be a great guest for this show. Please send me a note at info@KathyVarol.com .…

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92. Chad Park on Creating Financial Security for Individuals and Communities 52:16

acum 21 weeks52:16

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Chad Park is the Vice President, Sustainability & Citizenship for Co-operators, a leading Canadian insurance and financial services co-operative with more than $62 billion in assets under administration. Co-operators is a holding company for a number of entities with one common goal: creating financial security for Canadians and their communities. Because they are a co-operative, their business decisions are guided by their values of inclusion, and responsible and sustainable development. Chad leads the co-operative’s efforts to embed and integrate sustainability principles throughout the organization, including in its investment strategy and underwriting practices. He also oversees Co-operators nation-wide community investment and partnership programs, including the Co-operators Community Funds. In this episode, we discuss: ● What a co-operative business structure means ● The impacts of climate change on the insurance industry ● Canada’s Reconciliation Journey Key Takeaways: Reconciliation - Facing the Past to Create a New Future : It’s easy to brush off past generations’ actions as their responsibility alone—and yes, they were responsible. But here's the thing: we’re responsible for what we do now with that legacy. We can’t keep building on a rotten foundation and expect a solid future. The real challenge—and opportunity—is to take accountability, even retroactively, for the wrongs that were done. We have the power to dive headfirst into the messy work of deconstruction and build something better together. While daunting work, there is true liberation in taking radical accountability to break free from the past and create a new path forward that we’re proud to hand down to the next generation. Reimagining How We Protect Our Communities : It seems that for as long as governments have existed, they've handled public goods—our roads, parks, and water systems (to name a few). But just because it’s been done a certain way forever doesn’t mean it’s the best way to keep doing it. I’m excited about how Co-operators is challenging the old way of doing things by developing new models to build climate-resilient communities. They’re taking what’s traditionally been the government’s job and updating it for today’s challenges. It’s great to see organizations innovating new ways to protect our future. Balancing Risk and Resilience : Co-operators has an interesting dual focus: investments and insurance. On the insurance side, climate change is driving up risks and premiums, but there’s only so much people can pay before insurance becomes unsustainable. That’s where the investment side comes in. They’re investing in making communities more resilient to climate change, which in turn helps keep insurance premiums in check. How cool is that? It’s a holistic approach that puts the financial security of individuals and communities at the heart of their strategy, prioritizing their organization's purpose. References: ● Connect with Chad on LinkedIn ● Co-operators ● ICLEI Canada ● Green Economy Canada ● Official page for the Truth and Reconciliation Commission of Canada Connect & Share: If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes ? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading them! If this episode resonated with you, I ask you to send it to a friend. Help bring even more visibility to these leaders that are using business as a force for good! Subscribe to the Purpose and Profit newsletter to make sure you don’t miss future episodes. This podcast is for you, the listener. I’d love to hear what resonated with you, or if you have a suggestion on who would be a great guest for this show. Please send me a note at info@KathyVarol.com .…

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91. REPLAY: Mark Kramer on How Creating Shared Value Can Transform Business and the World 50:15

acum 23 weeks50:15

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This is the #1 listened-to episode from the Purpose and Profit podcast. We’re doing a rerun, so if you’re new to the podcast, you don’t miss this great conversation. Professor Mark Kramer is a senior fellow at Harvard’s Kennedy School of Government and a former senior lecturer at Harvard Business School and visiting lecturer at the Haas School of Business at University of California, Berkeley. He is also a co-founder and advisor with both FSG and the Shared Value Initiative . Mark has worked with leading companies around the world to find sources of competitive advantage by incorporating shared value into their business. Shared Value is defined as “policies and operating practices that enhance the competitiveness of a company while simultaneously advancing the economic and social conditions in the communities in which it operates.” He is also a member of the Creating Shared Value Advisory Board at Nestle. Alongside Harvard Professor Michael Porter, Mark has helped to introduce new concepts such as catalytic philanthropy, collective impact, impact investing, and shared value. His course “Purpose & Profit” teaches creating shared value to both MBA’s and executives alike. In this episode, we discuss: How Paypal is impacting thousands of small business owners How an insurance company expanded the average lifespan of their customers by 10 years Why government and NGOs won’t be able to solve the world's biggest problems Key Takeaways: How you do business is a choice. Instead of setting a bar of “do no harm” we can choose to act in a way that will leave the world better off because we existed. We can aim to delight future generations by the choices we make today. The examples Mark shared were so powerful at illustrating how, when a purpose is embedded into the heart of the business, it impacts innovation, identifying new revenue streams, and ultimately impact consumers in a positive way. When looking for businesses that are purpose-led and focused on shared value, Prof Mark Kramer instructs his students at Harvard Business School to look for companies that don’t have a separate Corporate Social Responsibility or Sustainability department. If these activities are separate, they are rarely business integrated. What a great point, and a great reminder to business leaders. If you want your company to stand for something, and lead in that thing—whether it’s being the most sustainable company in your industry, or like PayPal, democratizing access to financial tools—everyone in the company should be working to make it happen, not just one department. References: FSG resources on shared value Shared Value Initiative page, “ What Is Shared Value? ” “ Creating Shared Value ”, Harvard Business Review , 2011 PayPal Working Capital Unilever’s page for the Dove Campaign for Real Beauty and related pledges Connect & Share: If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes ? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading them! If this episode resonated with you, I ask you to send it to a friend. Help bring even more visibility to these leaders that are using business as a force for good! Subscribe to the Purpose and Profit newsletter to make sure you don’t miss future episodes. This podcast is for you, the listener. I’d love to hear what resonated with you, or if you have a suggestion on who would be a great guest for this show. Please send me a note at info@KathyVarol.com .…

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90. Katherine Neebe on Sustainablility in the Energy Industry 58:06

acum 25 weeks58:06

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Katherine Neebe serves as senior vice president of national engagement and strategy, and chief sustainability and philanthropy officer for Duke Energy. She leads Duke Energy’s stakeholder engagement efforts to develop solutions to meet customer needs for continued reliable and affordable energy—while simultaneously working to achieve the company’s goal of net-zero carbon emissions by 2050. In addition, Katherine maintains oversight of the Duke Energy Foundation, which provides philanthropic support to help meet the needs of communities where Duke Energy customers live and work. In this episode, we discuss: ● Nuclear power’s resurgence ● Modernizing the power grid ● The surprising reason the US power industry has been able to reduce emissions by 40% Key Takeaways: ● Tipping Point Industries : Tipping points can be for the better or the worse. When it comes to creating a sustainable future, there are tipping point industries that can have an oversized impact on our collective emissions reductions. The energy sector, for example, is foundational—it powers our lives and businesses. By making it sustainable, we create a massive ripple effect that benefits every organization and individual relying on it. Similarly, transportation is another cornerstone sector. Innovation in tipping point industries can profoundly impact our collective path to sustainability. ● Energy: The Force of Transformation : Physics teaches us that energy cannot be created or destroyed, it merely changes from one form to another. This principle allows us to power entire cities by harnessing, transporting, and converting energy. It got me thinking—what do you want to power with the energy within you? What do you want to build and sustain with your life force? Reflecting on how you harness your energy can lead to a legacy that outlasts you. ● Levers for Change : Three levers for driving sustainability are: business, government, and philanthropy. These forces work together, to create combined change that’s more than the sum of its parts. Like sustainability, most areas in life have multiple levers to create change, where a combined effort produces the best results. If there's something in your life, or your business, that you want to change, take some time to consider what the levers of change are for that thing. Chances are, your best results will come from approaching change from multiple directions. References: ● Connect with Katherine on LinkedIn ● Duke Energy ● The U.S. National Science Foundation page on the CHIPS and Science Act Connect & Share: If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes ? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading them! If this episode resonated with you, I ask you to send it to a friend. Help bring even more visibility to these leaders that are using business as a force for good! Subscribe to the Purpose and Profit newsletter to make sure you don’t miss future episodes. This podcast is for you, the listener. I’d love to hear what resonated with you, or if you have a suggestion on who would be a great guest for this show. Please send me a note at info@KathyVarol.com .…

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89. Breene Murphy on a “Divest, Reinvest, Pressure the Rest” Climate Investing Strategy 27:52

acum 27 weeks27:52

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Breene Murphy is the president of Carbon Collective, a climate investment advisor. They create low-fee investment portfolios for employer 401k plans and individuals that divest from fossil fuels and reinvest in climate solutions. They have launched two Exchange Traded Funds (ETFs): a climate solutions equity ETF (ticker: CCSO), and a green bond fund (ticker: CCSB).. Carbon Collective is an implementation partner of Project Drawdown, and a member of Rewiring America’s CEOs for Electrification coalition. If you are responsible for your company’s 401K plans, look to Carbon Collective’s ETFs as a sustainable option to offer employees. In this episode, we discuss: ● What an ETF is, and why Carbon Collective needed to create their own ● How an investment portfolio is made ● Why it’s important to invest more funds into climate solutions companies Key Takeaways: ● Investing: Simplify the Complex. Investing can feel like trying to decipher a foreign language. You're either lost in the weeds or barely skimming the surface. Here's my straightforward advice: First, if you're in the USA, start investing in your 401K as early as possible, and always contribute at least the maximum amount that your company matches. There is no fallback social system to rely on in retirement. Second, remember that your investments are your bets on the future. When you put your money into a company, you're saying, "I want this company to be part of tomorrow's world." So, invest with intention. Make sure your financial choices align with the future you want to live in. ● Expanding Investment Choices. For markets to genuinely reflect individual choices, people need a full spectrum of options. Carbon Collective stepped in to fill a significant gap by creating new ETFs and 401K portfolios that exclude fossil fuel companies—something that was missing in the market. Considering that 401Ks are the primary retirement-saving vehicle for Americans, having no option to align those investments with personal values means the market can’t truly reflect individual preferences. It’s like having a dessert bar that only offers ice cream and then assuming everyone’s favorite dessert is ice cream. True choice requires diverse options. ● Helping: The Antidote to Helplessness. Before we started recording, Breene shared his eye-opening experience of joining the workforce and realizing that most adults are just figuring it out as they go, struggling along the way. This shattered the illusion that adults “have it figured out”. He talked about the impact helping those around him had on his career. It reminded me of the phrase "helping is the antidote to helplessness". No matter what, every life journey will have spots that feel helpless. This phrase is a nice reminder. Helpful acts not only lift others up but also pull us out of our own helpless ruts, reminding us that we have the power to make a difference. References: ● Connect with Breene on LinkedIn ● Carbon Collective ● Project Drawdown ● International Energy Agency ● Rewiring America Connect & Share: If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes ? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading them! If this episode resonated with you, I ask you to send it to a friend. Help bring even more visibility to these leaders that are using business as a force for good! Subscribe to the Purpose and Profit newsletter to make sure you don’t miss future episodes. This podcast is for you, the listener. I’d love to hear what resonated with you, or if you have a suggestion on who would be a great guest for this show. Please send me a note at info@KathyVarol.com .…

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88. Julia Marsh on Seaweed-Based Plastic Packaging 39:17

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Julia Marsh is the CEO and co-founder of Sway, a clean tech startup scaling seaweed-based, home-compostable packaging. Sway’s patented products match the vital performance attributes of conventional plastics and are designed to plug into existing infrastructure, enabling scale and massive impact. Julia’s work is driven by a deep passion for regenerative design and biological circularity. In 2023, Sway won first place in the TOM FORD Plastic Innovation Prize. In 2021, Sway also won the Beyond the Bag Challenge sponsored by Closed Loop Partners and a consortium of major retailers. Sway’s solutions have garnered recognition from Vogue , Condé Nast, Forbes , Business Insider , and Fast Company . As a member of the Sustainable Packaging Coalition, the Sustainable Ocean Alliance, and 1% for the Planet, Sway is working holistically to scale their product for a thriving, equitable future. Learn more at swaythefuture.com . In this episode, we discuss: ● Why recycling won’t fix our plastic problem ● The properties of seaweed that make it a flexible plastic film substitute ● The “Amazon Rainforest” ecosystem you never considered Key Takeaways: ● Seamless Integration for Easy Adoption: Introducing a new material into established supply chains and factory processes can be challenging. Take a page out of the Sway playbook. If possible, create a plug-and-play solution that works with existing machinery. This lowers the barrier for manufacturers to test and adopt the new product, making it significantly easier to scale and implement across their industry. ● Understanding Product Lifecycles : To truly grasp the benefits and costs of any product, it’s crucial to examine its entire lifecycle. Take plastic, for example. The visible litter on beaches is just the tip of the iceberg. Microplastics in our oceans and bloodstreams are harming marine life and human health. The environmental impact of extracting petroleum for plastic production, and the long-lasting waste clogging our landfills, are often hidden from view but equally damaging. Out of sight should not mean out of mind—these unseen costs are critical to our understanding of plastic's true impact. ● The Power of Innovative Thinking : We need more people like Julia innovating new ways to do things. People who question the status quo. People who notice the cost of continuing to do things the same way, and aren’t ok with that cost. People that are curious enough to lean in, tinker, and innovate new solutions that are better for everyone. The next time you notice something off, don’t dismiss it. Instead, explore it—maybe you’re the one who will come up with the next groundbreaking solution. Your curiosity could lead to innovations that make a better future. References: ● Connect with Julia on LinkedIn ● Sway ○ Keep up with Sway on Instagram ● Tom Ford Plastic Innovation Prize ● Lonely Whale ● Beyond the Bag Challenge Connect & Share: If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes ? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading them! If this episode resonated with you, I ask you to send it to a friend. Help bring even more visibility to these leaders that are using business as a force for good! Subscribe to the Purpose and Profit newsletter to make sure you don’t miss future episodes. This podcast is for you, the listener. I’d love to hear what resonated with you, or if you have a suggestion on who would be a great guest for this show. Please send me a note at info@KathyVarol.com .…

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87. Dalila Wilson-Scott on the Holistic Approach to Diversity & Social Impact 1:01:16

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Dalila Wilson-Scott serves as Executive Vice President and Chief Diversity Officer of Comcast Corporation, and President of the Comcast NBCUniversal Foundation. Dalila oversees all Diversity, Equity & Inclusion initiatives and philanthropic strategy with a focus on advancing digital equity and economic mobility through Project UP, which is supported by a $1 billion commitment. In 2023, Dalila was honored as WICT Woman of the Year in recognition of her work developing women leaders who transform the media, entertainment and technology industry. She has been named one of the “Most Powerful Women in Cable” by Cablefax Magazine ; one of the “Most Powerful Women in Business” by Black Enterprise ; and an “Innovative Rising Star: Building Communities” by Forbes magazine among other honors. In this episode, we discuss: ● The importance of data and transparency in DEI ● 3 key lessons for running a Foundation ● Looking at diversity through a holistic business lens to include employees, suppliers, customers, and product creation Key Takeaways: ● Diversity: It's Not Just Business, It's Human : I’m done debating the business case for diversity—it's crystal clear, yet it hasn't solved the leadership imbalance. Let's focus on the human case. Look around the C-suites of S&P 100 companies : 70% of executives are white men, while they make up only 30% of the US population. Despite progress in diversifying executive teams over the past decade, these numbers don’t lie. Our system is still broken. It’s past time to fix a system that continues to perpetuate unfairness and bias, not just because diversity is proven to be good for business, but because it’s the right thing to do. Let’s not hide the need for fairness, justice, and ethics behind a business case. ● Building Solutions Through Continuous Listening : Listening to the people you aim to serve is crucial, and it’s not a one-time act—it’s an ongoing practice. This dialogue informs how programs need to evolve to meet changing needs. When you continuously listen and adapt, you build solutions that resonate and have lasting impact. It’s about creating a dynamic partnership with those you serve. ● The Importance of Community : The power of community cannot be overstated. We know the phrase “it takes a village”. This principle extends across all areas of life. Small businesses supported by their communities are more likely to succeed. Families with community support are more likely to thrive. Individuals who feel part of a work community are more likely to flourish. Humans are social creatures; we struggle in isolation but thrive when we come together. Building and nurturing community bonds is key to collective success and well-being. References: ● Connect with Dalila Wilson-Scott on LinkedIn ● Comcast ○ Project UP ○ Comcast RISE ○ NBCU Academy ● Edelman Trust Barometer ● National Skills Coalition ● Pinnacle Group ● Making Space ● Code Path ● Per Sholas Connect & Share: If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes ? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading them! If this episode resonated with you, I ask you to send it to a friend. Help bring even more visibility to these leaders that are using business as a force for good! Subscribe to the Purpose and Profit newsletter to make sure you don’t miss future episodes. This podcast is for you, the listener. I’d love to hear what resonated with you, or if you have a suggestion on who would be a great guest for this show. Please send me a note at info@KathyVarol.com .…

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86. Staff Sheehan on Greening the Aviation Fuel Industry 37:23

acum 33 weeks37:23