Analyst Map Inductee 2: A Zero Carbon Footprint Requires A Strong Achilles

Posted on May 16, 2024

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EDITOR’S NOTE: I am now starting to build my Analyst Solution Map of ten solution providers who I not only see as leaders in their specific area of service but will, through the use of an agent-based model, ensure successful implementations and promised practitioner outcomes. In short, my creditability as an analyst will be and is linked to your success.

I call this the analyst assurance, and I will leverage my 40-plus years of high-tech procurement experience and expertise to ensure the implementation and ongoing return of a cohesive solution ecosystem.

Is Scope 3 reporting the Achilles heel of your supply chain?

Accounting for Scope 3 emissions can be difficult and time-consuming, as there can be literally thousands of sources to catalog and estimate. Reducing them can be even trickier, as the sources of Scope 3 emissions are, by definition, not under an institution’s direct control. Yale.edu Nov 14, 2023

In 2007, I wrote a white paper titled “The Greening of Procurement.” Included in my research was the book Cannibals With Forks – The Triple Bottom Line of 21st Century Business By John Elkington (Capstone Publishing, Oxford, 1997). I didn’t expect this paper, specifically Elkington’s Triple Bottom Line, would be as relevant today – if not more, than it was a couple decades ago. Here is the link to one of my most recent articles: What Does Sultan Al Jaber, the President of COP28’s 2023 Comments, and John Elkington’s Seminal 1997 Book Have In Common?

Why am I sharing this information with you?

“When it comes to charting a path to net zero, the oil and gas sector faces unique challenges. While other sectors in Canada are steadily bending emissions curves down, oil and gas emissions remain stubbornly high as production, profits, and economic activity in the sector continue to grow. Oil and gas companies are reducing their focus on emissions reduction in favour of short term production, profits, and dividends. At the same time, global efforts to stabilize the climate raise real questions about the long-term demand for Canadian oil and gas: while a global transition to net zero requires more (low-carbon) steel and cement, it will need less oil and gas as fuel for the global economy, even when fossil fuels are produced with fewer emissions.” – Canadian Climate Institute, Canada’s oil and gas sector, the road to net zero and regional fairness (September 20th, 2023)

My next Top Ten inductee is Achilles Information Limited, which is looking to make a big push in the North American oil and gas industry and the energy sector. The company has been around for more than 30 years and carries significant weight across the pond, so we are not dealing with a new or newer entry. Regarding this last point, for seven years running until 2020, Achilles was on the Spend Matters Procurement Providers To Know list, and I know Jason and his team do their homework!

Based on my industry research, one of the most common recommendations stresses the importance of evaluating each provider’s approach, whether risk-based or balanced. Understanding how self-learning algorithms work, weighted importance plays a critical role in an organization achieving its specific objectives.

Given the above Canadian Climate Institute article excerpt, the key to success is a proper “weighting” of priorities that align with your specific goals.

“The Carbon Guy”

30-plus years with a solid global footprint, feet-on-the-ground experience, and technological expertise were critical factors in my decision to add Achilles to my Top Ten list.

However, my many years in the industry have taught me to look for seemingly minor and often overlooked factors that can elevate a decision. I am not saying it is a game-breaker or game-changer, but what convinced me is that Achilles has Mike Tournier, “The Carbon Guy,” on its team.

Here is an excerpt from my post titled Why it’s time for service provider leadership to step out from behind their organizations’ logos:

“In the old days, there was a saying that “no one ever got fired for buying IBM.” It was a time when the Big Blue sales team would enter a boardroom and, outnumbering the client at the table, offer a solution they could not get anywhere else.

With today’s digital tech, the reliability of solutions from each provider working is not questioned. In short, it is no longer a “features, functions, benefits” Ben Franklin play.

The critical play is not the tech but the expertise behind the tech – the market expertise and experience to leverage tech to solve a problem.”

Ultimately, it is not the technology alone that will enable you to achieve your zero carbon footprint objectives. It is and will always be the people behind the technology. Besides The Carbon Guy, Achilles has the people with experience and expertise.

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