Hult Alumni Magazine Hult Alumni Magazine 2020 | Page 20

“Sustainability for businesses has become more than a PR practice, it’s about engineering. Businesses and governments have to work hand in hand to offer the ultimate solution—ensuring we stop living be- yond our means.” That’s a serious ambition. Is it feasible? JCS It’s definitely feasible—study after study has proven it. A lot of the solu- tions are there, and yes, some sectors are more difficult than others. But we’re seeing a changing momentum, from more engaged consumers to a passionate Gen Z on the streets showing they care. What will define whether we’re going to hit those targets is pace. It’s all about pace. Are we going fast enough? That’s where the focus should be. H How influential is Gen Z right now? JCS They are definitely part of what is driving companies to change. Let’s not forget, a lot of change is about cost-reduction; if you use less ener- gy, your bottom line is going to benefit. But we have to look at holistic approaches. We have a climate crisis, an emissions crisis, but we also have a biodiversity and resource crisis. Although the recent climate protests have been global, it’s  not the same everywhere. In a lot of countries, this issue is not front of mind. There are still many areas in the world without energy access or sanitation. That’s where you’ve got to look at solutions that work for these pressing issues that are, at the same time, sustainable. H So how does the layperson do their bit? Does it really matter if we use a paper straw over a plastic one? JCS I go back and forth on this all the time. Can individual actions have a big impact? Of course. But again, we get back to pace. This is where we need what I call forced behavior change, either through legislation or through clever product development. If you ban single-use plastics by law, for example, people don’t have a choice, and behavior changes overnight. H  In the face of two crises and much adversity, do you believe we can limit global warming in our lifetime? JCS I’m a realistic optimist. The challenge is huge, and we see the impact on a daily basis. We are living beyond our means as a population—we have been for a while, and our population is growing. But I’m optimis- tic for various reasons. One is consumer sentiment and public engage- ment. Two, there is a whole lot of bottom-up climate action, and money flows are slowly shifting. There are a lot of new technologies, whose costs are coming down massively. Sustainability for businesses has become more than a PR practice, it’s about engineering. There are a lot of good signs. And humankind is amazing! We’ve done so much already: reduced extreme poverty, increased our life expectancy, tack- led major issues. We shouldn’t underestimate the power of us as a species, and that gives me a lot of hope. Reading List Development as Freedom, Amartya Sen Ufolo is a social enterprise determined to bring beauty back to Luanda, Angola’s cap- ital city. Cara Regier, Elizabeth Queta, and Laura Wittka met as undergrads and competed in the Hult Prize with their business idea. The team works to implement a clean tech waste management system—all the while engaging entrepreneurial youth to join the sustainable revolution. This book inspired our name, Ufolo, our company, and core values. H The Little Book of Going Green, Harriet Dyer Perfect for quick insights on pollution and how to prevent it. Co-founders Bachelor of Business Administration Angola, Dubai, London 21 Lessons for the 21st Century, Yuval Noah Harari There are multiple urgent environmental issues at play in 2019—why tackle waste? HULT  UFOLO The Mom Test, Rob Fitzpatrick Helps to identify how you can make your big idea work.  aste pollution connects several W global issues. Single-use products, in particular, have a huge impact on our biodiversity (marine, air, and land), on climate change, our health, and economies. In Angola, the leading causes of death are from stagnant water in waste-blocked sewage sys- tems. Both suppliers and consumers need to see and understand the ugly reality of their choices. What’s your hope for our planet in years to come? H  Become a mentor Interested in sharing your knowledge? Hult pairs aspiring mentors with individual students and project groups. JC, above, has been mentoring Hult Prize team Ufolo, whose members share his same passion for the planet. Interested in paying it forward through mentorship? Show you’re willing via Hult Connect. 20 Changing Planet Fresh takes on global problems and how they are being solved. TEDx Talks Of course! ufolo.co.uk Ufolo An overview of everything happening in the world right now. Videos by the World Economic Forum Class of 2019, 2020 U According to the UN we have 12 years left before climate change be- comes irreversible. Forbes tells us 18 months. Whichever the case, these numbers should be shocking to everyone. We hope that social en- terprise becomes common practice: Changing Planet for stabilized weather, for improved urban health standards, and for so much more to be done to restore the earth’s balance. How important are young people in solving the earth’s problems? H  U Extremely! Just look at Greta Thunberg. We are the catalysts of change. To build a world that we want to live in, we have to be the ones creating it. How has mentorship helped build your business? H  U Every mentor and program that has worked with us at Ufolo has brought unique knowledge and ideas to our startup. It has helped us to share a global and modern brand that repre- sents our core values without com- promise. Mentorship has helped us to understand our focus and gain in- sights from those with hands-on experience in the field. 21