Climate Rising - podcast cover

Climate Rising

Harvard Business School Business & Environment Initiativewww.hbs.edu
Climate Rising is about the impact of climate change on business. It brings business and policy leaders and Harvard Business School faculty together to share insights about what businesses are doing, can do, and should do to confront climate change. It explores the many challenges and opportunities that climate change raises for managers, such as decisions about where they choose to locate, the technologies they develop and use, their strategies with respect to products, marketing, customer engagement, and policy—in other words, the full spectrum of business concerns.
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Episodes

Patagonia Provisions: Regenerative Organic Agriculture and Reimagining the Food System

Patagonia Provisions General Manager Paul Lightfoot joins Climate Rising to discuss why Patagonia expanded beyond apparel into food, and how regenerative organic agriculture is central to its mission of addressing climate change. Patagonia’s food business was built on the belief that agriculture is one of the largest drivers of environmental degradation—and therefore one of the most important opportunities and levers for change. The conversation explores how Patagonia’s early transition to organ...

Apr 15, 202638 min

VF Corporation: Scaling Regenerative Materials Across Global Apparel Supply Chains

Alyse Russel, Senior Manager of Global Sustainability Programs at VF Corporation, joins Climate Rising to discuss how one of the world’s largest apparel companies is embedding sustainability across a complex, multi-brand supply chain. VF owns major global brands including Vans, The North Face, and Timberland, and is working to reduce product-related emissions by transforming how key materials are sourced and produced. The conversation explores why raw materials—such as cotton, leather, rubber, a...

Apr 01, 202635 min

Agreena: Regenerative Agriculture, Data, and Carbon Markets

Simon Haldrup, founder and CEO of Agreena, joins Climate Rising to discuss how regenerative agriculture can scale beyond early adopters by focusing on farmer economics, data-driven decision-making, and flexible practice “toolboxes” rather than rigid labels. Based on Copenhagen, Agreena combines agriculture, finance and technology to work with 10,000 farmers across 20 countries. The conversation explores why adoption remains challenging despite long-term benefits, including thin margins, short pl...

Mar 18, 202645 min

Scaling Regenerative Agriculture and Carbon Markets with Indigo Ag’s A.J. Kumar

Indigo Ag is one of the most active companies at the intersection of agriculture, carbon markets, and regenerative agricultural practices. A.J. Kumar, Vice President of Sustainability Sciences at Indigo discusses how the company is working with farmers, food companies, and carbon credit buyers to scale regenerative agriculture and unlock environmental and financial benefits. He explains how Indigo supports farmers with both biological inputs and sustainability incentives—from seed coatings and m...

Mar 04, 20261 hr 2 min

Regenerative Agriculture at Scale with Tom Brennan at McKinsey - Part 2

Tom Brennan, a partner at McKinsey & Company, joins Climate Rising to unpack what regenerative agriculture means in practice and why it is increasingly central to conversations about climate resilience, farm economics, and food system risk. Drawing on McKinsey’s work with farmers, agribusinesses, and food companies, Tom explains how regenerative agriculture differs from more prescriptive models like organic farming, emphasizing outcomes such as soil health, reduced erosion, and long-term pro...

Feb 18, 202626 min

Regenerative Agriculture at Scale with Tom Brennan at McKinsey - Part 1

Tom Brennan, a partner at McKinsey & Company, joins Climate Rising to unpack what regenerative agriculture means in practice and why it is increasingly central to conversations about climate resilience, farm economics, and food system risk. Drawing on McKinsey’s work with farmers, agribusinesses, and food companies, Tom explains how regenerative agriculture differs from more prescriptive models like organic farming, emphasizing outcomes such as soil health, reduced erosion, and long-term pro...

Feb 04, 202631 min

How Amazon Approaches Carbon Markets and Climate Neutralization

Jamey Mulligan, Head of Carbon Neutralization Science and Strategy at Amazon, joins Climate Rising to share how Amazon is tackling its net-zero climate goals, particularly through its engagement in the voluntary carbon market. Jamey explains Amazon’s three-part strategy under the Climate Pledge: emissions measurement, value chain decarbonization, and high-impact carbon mitigation. He describes Amazon’s major clean energy investments, its electric delivery fleet partnership with Rivian, and how i...

Jan 21, 202649 min

Financing Climate and Nature Together: AIIB’s Climate Strategy in Brazil and Beyond

In this episode of Climate Rising, Erik Berglöf, Chief Economist at the Asian Infrastructure Investment Bank (AIIB), shares how this relatively young multilateral development bank is helping emerging economies finance climate and nature-based solutions. Erik discusses AIIB’s approach to climate policy—including infrastructure decarbonization, green finance, and biodiversity credits—and offers a behind-the-scenes look at its work with Brazil, including its $1B climate policy loan and support for ...

Jan 07, 202649 min

Scaling High-Integrity Nature-Based Carbon Removal with re.green

Marcelo Medeiros, co-founder and CEO of re.green, joins Climate Rising to discuss how his company is restoring millions of hectares of degraded land in Brazil’s Atlantic Forest and Amazon biomes by producing high-quality nature-based carbon removal credits. Marcelo explains how re.green combines data science, forest restoration, and long-term land ownership to deliver durable carbon sequestration—and why they chose a for-profit model to scale impact. He discusses price transparency, quality veri...

Dec 22, 202547 min

Tata Power and India's Energy Transition: Balancing Growth and Decarbonization

As bonus episode of Climate Rising, we feature a conversation among Tata Power CEO Dr. Praveer Sinha, Harvard Business School Professor Vikram Gandhi, and HBS Chief Marketing and Communications Officer Brian Kenny that explores how India’s largest private power company is navigating its net-zero commitment while supporting a rapidly growing economy. With energy demand projected to quadruple by 2047, Tata Power has committed to phasing down coal and expanding renewables, distributed generation, a...

Dec 10, 202539 min

Decarbonizing Steel in the Global South: JSW Group’s Climate Strategy

Parth Jindal and Prabodha Acharya of JSW Group join Climate Rising to discuss how one of India’s largest industrial conglomerates is reducing the carbon intensity of its steel business while scaling infrastructure for a fast-growing economy. They share how JSW built vertically integrated operations—from power to cement to ports—through industrial symbiosis, and why energy efficiency, renewable power, and circular practices are at the heart of its decarbonization roadmap. The conversation explore...

Nov 26, 202558 min

De-Risking Climate Tech: Inside the Massachusetts Clean Energy Center with Galen Nelson

Galen Nelson, Chief Climate Officer at the Massachusetts Clean Energy Center (MassCEC) explains how the state is helping accelerate climate innovation through early-stage grants, equity investments, and infrastructure support. Galen outlines how MassCEC targets “market failures” where private investors hesitate—such as pilot and demonstration projects—and how these public investments help attract follow-on capital, inform policy, and build economic resilience. Galen shares examples across climat...

Nov 12, 202553 min

Governing Climate Action: Massachusetts’ Strategy for Decarbonization and Resilience

Jonathan Schrag, Deputy Climate Chief for the Commonwealth of Massachusetts, joins Climate Rising to discuss how the state is tackling emissions, electrifying infrastructure, and responding to a shifting federal policy landscape. Jonathan shares how Massachusetts’ newly created Climate Office coordinates across agencies—from housing to public health to corrections—to embed climate action into all corners of state government. He discusses the state’s emissions targets, the role of local municipal...

Oct 29, 202545 min

How Crusoe is Reducing the Carbon Intensity of AI Data Centers

Hui Wen Chan, Senior Director of Sustainability at Crusoe, describes how the rapid rise of AI is reshaping energy demand and Crusoe’s efforts to design more sustainable data centers. She explains how Crusoe leverages stranded energy sources, repurposed electric vehicle batteries, on-site renewables, and innovative energy-efficient cooling technologies to design and build gigawatt-scale AI data center infrastructure that reduces water and carbon footprints. She also shares why Crusoe emphasizes m...

Oct 15, 202531 min

Scaling Carbon Capture for Hard-to-abate sectors: Danielle Rapson of Mantel

Danielle Rapson, HBS alum and Co-founder and COO of Mantel, joins Climate Rising to explain how her company is developing a novel molten-based carbon capture system for hard-to-abate industrial sectors. Danielle shares the story of how Mantel spun out of an MIT lab, what sets its technology apart from existing amine-based carbon capture, and why the economics of steam reuse are critical to its efficiency. She also discusses how Mantel’s early projects in pulp and paper and oil refining are shapi...

Oct 01, 202540 min

Building Climate-Resilient Farming with Robotics: Eric Adamson of Oishii and Tortuga

Eric Adamson, Robotics Executive at Oishii and co-founder of Tortuga AgTech, joins Climate Rising to share how automation and AI are transforming fruit farming. Eric explains how his team designed a strawberry-harvesting robot capable of operating in outdoor tunnels and vertical farms, bringing operational efficiency, labor savings, and climate resilience to high-value crops. He discusses why harvest is the hardest—and most impactful—problem in agriculture to automate, what it took to move from ...

Sep 17, 202543 min

Microsoft ’s Climate Strategy and Its Carbon Removal Deal with Chestnut Carbon

Microsoft’s Brian Marrs, Senior Director of Energy and Carbon Removal, and Chestnut Carbon CFO Greg Adams share their perspectives as a major buyer and developer of carbon removal credits. Their 2025 deal is one of the largest carbon removal deals in the U.S. and seeks to deliver 7 million tons of nature-based carbon credits over 25 years. Brian explains Microsoft’s carbon negative strategy and targets, and the role of carbon removal credits. He also describes how Microsoft is using its Climate ...

Sep 10, 202545 min

Reducing Household Emissions with Dishwashing Innovation: A Conversation with P&G ’ s Ashley Fill

Ashley Fill, Global Director of Sustainability at P&G Home Care joins Climate Rising to discuss how consumer behavior and innovative technologies can reduce household carbon and water footprints. Ashley shares how life cycle assessments reveal that 87% of the emissions in P&G’s Home Care portfolio come from product use, particularly dishwashing. She describes how their products are engineered to deliver superior performance while reducing water and energy. Ashley also discusses P&G’s...

Aug 27, 202548 min

AI for Climate Resilient Food Systems with ClimateAi’s Himanshu Gupta

ClimateAi co-founder and CEO Himanshu Gupta explains how his company uses machine learning to forecast extreme weather and help businesses adapt to climate volatility. Himanshu shares his journey from rural India to co-founding ClimateAi while he was an MBA student. He describes how ClimateAi's "biophysics-driven AI" combines limited weather and crop yield data to inform procurement, logistics, and planting decisions for a quarter of the top 200 food and beverage companies. He also shares exampl...

Aug 13, 202546 min

Designing for Resilience: with Alex Berkowitz of Coastal Protection Services

This episode is another in our series on Climate Resilience featuring Alex Berkowitz, Founder and CEO of Coastal Protection Solutions (CPS), a startup developing nearshore infrastructure that reduces wave energy and enhances climate resilience. Alex shares how her personal experience with Hurricane Sandy in her hometown of Rockaway Beach led to the creation of the Wave Breaker—an innovative floating barrier designed to protect coastal communities from storm surge and erosion. She explains how CP...

Jul 30, 202538 min

Investing in Climate Resilience and Poverty Alleviation: Acumen Founder & CEO Jacqueline Novogratz

In this Climate Rising episode in our series on climate resilience, Jacqueline Novogratz, Founder and CEO of Acumen shares how impact investing is agriculture is helping smallholder farmers build climate resilience. Jacqueline shares insights from two decades of investing in poverty alleviation that includes climate resilience and adaptation social enterprises engaging in agriculture and off-grid solar. She explains how Acumen uses blended capital, including philanthropic first-loss investments ...

Jul 16, 202557 min

Forecasting Climate Risk with Geospatial AI: Sarah Russell of X , the Moonshot Factory at Alphabet

This episode, part of the Climate Rising series on climate resilience, features Sarah Russell, General Manager of Project Bellwether at X, The Moonshot Factory at Alphabet (formerly Google X). Sarah shares how geospatial data and artificial intelligence can help communities and businesses anticipate and respond to climate risks. Sarah shares insights from her work building predictive wildfire risk models using satellite imagery, AI, and systems design to enable more targeted insurance underwriti...

Jul 02, 202535 min

Closing the Loop by Recycling Apparel: Reju CEO Patrik Frisk

Patrik Frisk, CEO of ReJu, joins Climate Rising to discuss his company’s mission to recycle textile waste and build circular supply chains for apparel made of polyester fabric. Patrik brings his prior experience leading Under Armour and other global brands across the textile and footwear industry for over 35 years. Patrik describes how ReJu turns discarded apparel made of polyester blends into new polyester, and how it tackles the logistical and technical challenges of sorting, processing, and r...

Jun 18, 202544 min

Extending Apparel Lifespan: ThredUp CEO James Reinhart

James Reinhart, CEO of ThredUp, one of the largest online resale platforms for secondhand clothing. James co-founded the company while he was a Masters’ student at Harvard and has spent the last 15 years scaling a national logistics and digital infrastructure platform for resale. In this episode James describes why the company decided to handle physical goods rather than act as a pure marketplace, how ThredUp helps brands run their own resale channels, and how AI and automation are reshaping the...

Jun 04, 202538 min

Designing for Circularity at Scale: A Conversation with Karen Pflug of Ingka Group

In the latest episode of Climate Rising from Harvard Business School, Karen Pflug, Chief Sustainability Officer of Ingka Group (IKEA) , shares how IKEA is embedding circularity throughout its business model. She discusses how IKEA is redesigning iconic products like the Billy bookcase to make them easier to disassemble and repair, how secondhand retail pilot programs at IKEA stores are reaching new customers, and how investments like RetourMatras are developing circular solutions for end-of-life...

May 21, 202546 min

Advancing the Circular Economy: A Conversation with Lauren Rodriguez of Closed Loop Partners

Lauren Rodriguez, who leads partnerships at Circular Services, a Closed Loop Partners company, joins host Mike Toffel to discuss building the infrastructure and investment models needed to scale the circular economy. Lauren explains how Closed Loop Partners supports the transition from a linear to a circular economy through capital management, innovation initiatives, and operating companies like Circular Services. She shares how their private equity, venture capital, and catalytic credit strateg...

May 07, 202542 min

Scaling Reuse with Vytal: A Circular Economy Conversation with CEO Fabian Barthel

Fabian Barthel, Co-Founder of Vytal, a circular economy packaging-as-a-service startup, joins host Mike Toffel to explore the innovation, behavioral science, and regulations shaping the market for reusable containers for take-out food and beverages. Fabian shares how Vytal is tackling packaging waste by building a reusable container system for restaurants, canteens, and major events. He explains why deposit-based systems often fail, how Vytal’s “borrow and return” model changes consumer behavior...

Apr 23, 202545 min

Carbon Credit Ratings and Market Integrity: A Conversation on the Calyx Global Case

In this bonus episode of Climate Rising , we share an episode from Harvard Business School’s Cold Call podcast, featuring HBS professor Mike Toffel and Duncan van Bergen, Co-Founder of Calyx Global. The discussion focuses on Mike’s recent HBS case study, Calyx Global: Rating Carbon Credits , which explores how the company is helping improve transparency and credibility in the voluntary carbon market. Mike and Duncan join host Brian Kenny to unpack how Calyx Global evaluates carbon credit quality...

Apr 09, 202541 min

Investing in Carbon Markets: A Conversation with Luke Leslie of Key Carbon

Luke Leslie, Co-Founder and CEO of Key Carbon, joins Climate Rising as part of our series on voluntary carbon markets. Luke has spent over 20 years in carbon markets and finance, working in investment banking, private equity, and structured finance. Luke explains how Key Carbon is financing high-integrity carbon projects and how new overlaps between the voluntary and compliance carbon markets are at the center of their investment strategy. He provides a “climate finance 101” introduction and dis...

Mar 26, 202541 min

Navigating Carbon Markets: A Conversation with Alexia Kelly of High Tide Foundation

Alexia Kelly, Managing Director of the Carbon Policy and Markets Initiative (CPMI) at theHigh Tide Foundation, joins host Mike Toffel for the fifth episode in our series on voluntarycarbon markets. Alexia has worked for nearly two decades atthe intersection of carbonmarkets, policy, and finance, with roles spanning government, private industry, andnonprofits. In this episode, Alexia discusses how voluntary carbon markets are evolving, the criticalrole of policy in shaping carbon finance,and how ...

Mar 12, 202556 min
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