Are you interested in learning about innovative policy and financial mechanisms designed to rapidly decarbonize the global economy? Join SFI’s monthly seminar to meet our faculty and fellows and learn more about our ongoing research projects.
On May 20, Soh Young In, SFI Financial Innovation Lead, will discuss the study that she helped lead with Andrew Peterman, Executive Director of Stanford's Center for Integrated Facility Engineering, and Ashby Monk, Executive and Research Director of the Stanford Global Projects Center, which highlights a variety of roles that companies can play in supporting the decarbonization of electricity grid systems global low-carbon transition beyond simple mitigation of a company’s direct operational footprint.
Companies are buying clean energy at a record pace and beginning to seek investment opportunities to enable a low-carbon business future. Yet, many companies lack a clear vision for the multiple types of specific impact roles they are positioned to assume given a company’s combination of resources, motivations, and direct actions undertaken. As a result, companies often remain preoccupied with reducing their direct environmental impact and may miss out on opportunities to invest in decarbonization initiatives that result in system-wide and scalable impacts to build the low-carbon economy of the future. This study specifies seven impact-oriented roles a company can assume beyond mitigation: A company can mobilize its investment capital to seed, scale, and sustain clean energy projects. It can also drive organizational change by acting as an advocator, infrastructure builder, educator, and coalition builder. In and Peterman propose a framework for companies to build a sustainable impact roadmap by aligning its sustainability goals, resources, and investment actions.
Open to all students, faculty and staff in the Stanford community. Register for this event (Registration required. Please use your Stanford email address.)