Miller Magazine Issue: 152 August 2022

84 ARTICLE MILLER / AUGUST 2022 TAKING LEADERSHIP TO CREATE IMPACT In a session on how good business leadership is needed to mitigate climate change, Satya Nadella, CEO of Microsoft, said that in uncertain times leadership qualities could be distilled down to three key attributes: he told delegates that when as- sessing future leaders at Microsoft he looked for their ability to generate energy, deliver results under constraints, and cre- ate clarity when none exists. “We live in a complex uncertain world, there will always be ambiguity in our work, true leaders always bring clarity and make a call even during uncertain times,” said Nadella. Speaking in the same session keynote speaker Christian Klein, CEO of SAP, the German multinational software corpora- tion with over 400,000 customers globally, spoke of the need for leaders to thoroughly understanding their industry and business, especially when it comes to complexity within sup- ply chains. “We are all on social media sharing data all the time and yet when it comes to businesses, how much do we un- derstand our supply chains? I am convinced this is where we must come together to share data and trace material flows,” explained Klein. “End-to-end traceability means you can think about how to measure demand in real time and adjust your inventory right down to the raw material.” He added that it is only when supply chains are fully understood that it is possible to improve standards on issues like human rights and properly address Scope 3 emissions. ACCELERATING IMPACT WITH INNOVATION Delegates also heard from three start-ups driving sustain- ability through high-tech advances in cellular agriculture, sat- ellite monitoring of restoration projects, and carbon removal. In a historic moment, Stephanie Michelsen, Co-Founder and Co-CEO of Jellatech, a cutting-edge technology company producing animal-free collagen and gelatin in the laboratory, presented to the Networking Days event the first sample of sustainably grown animal-free collagen to ever be seen out- side a laboratory. As key ingredients for the pharmaceutical, bio-medical and the food industry, the market is worth USD 8.4 billion annually and is currently solely reliant on animal by-products. To rapturous applause Michelsen told delegates that cellular agriculture has the potential to eliminate all the en- vironmental damage caused by rearing livestock. “Collagen and gelatin are just the starting point for us, there are so many other exciting proteins from animals and nature that we can now grow in a lab,” she told delegates. Jellatech is currently fundraising to move the technology from laboratory to a pilot and beyond. Clara Rowe, CEO of Restor, a non-profit start-up that uses satellite imagery to monitor restoration projects globally, point- ed to three statistics that outline the climate contribution po- tential of restoration. “Forest restoration alone is estimated to be able to prevent up to 60% of species extinction that are expected today, to improve food security for over a billion people around the world and to be able to sequester about 299 gigatons of carbon, that is about 30% of the carbon that has accumulated in the atmosphere since the industrial revo- lution,” said Rowe. By providing greater transparency to resto- ration projects Rowe argues Restor has the potential to build trust and accountability, inspiring additional investment. Dr. Christoph Gebald, Co-Founder and Co-CEO of Clime- works, described how his company is removing CO2 from the atmosphere and permanently storing it in the ground to help reverse climate change. Launched 13 years ago, Climeworks now operates the world’s largest plant capturing CO2 from the atmosphere built in Iceland. “This technology is here to