Scope 3 Emissions: $25M Raised + Navigating Climate Regulations

Optera helps enterprises track & reduce Scope 3 emissions with SaaS + consulting, aligning supply chains with science-based targets and regulatory compliance.Optera provides a SaaS platform and consulting services to help enterprises manage carbon emissions, focusing on Scope 3 emissions. Their platform integrates operational and supply chain data to calculate and track emissions, helping clients to align with science-based targets, comply with regulations, and improve sustainability strategies. Optera supports auto, tech, and retail industries in decarbonizing their value chains and meeting emerging climate disclosure requirements.Tim Weiss, co-founder of Optera, has extensive experience in renewable energy and emissions management. He has led initiatives in scaling solar technology in sub-Saharan Africa and now focuses on advancing enterprise-level decarbonization solutions through innovative SaaS and consulting models.Here are six topics we covered:Scope 3 Challenges: Managing Scope 3 emissions requires collaboration with suppliers and collecting primary data to address the largest and most complex portion of a company’s carbon footprint.Optera’s SaaS Approach: Optera combines emissions tracking software with consulting expertise, offering tailored solutions for Scope 1, 2, and 3 emissions.Benchmarking Value: Understanding performance relative to peers and industry standards is crucial for strategic decarbonization and regulatory compliance.Regulations and Standards: New climate regulations, such as CBAM and California’s disclosure laws, are driving companies to adopt science-based targets and renewable energy strategies.Climate Tech Resilience: Despite political shifts, the climate tech sector continues to grow, bolstered by mature technologies and strong market demand.Leadership and Mindfulness: Tim emphasizes the importance of calculated risks, mindfulness practices, and outdoor activities to maintain balance as a leader.🔗 PODCAST SHOW LINKS:Optera Website: https://opteraclimate.comTim Weiss LinkedIn: https://linkedin.com/in/tim-weiss-123b5b1bBook: The 15 Commitments of Conscious Leadership: https://www.amazon.com/15-Commitments-Conscious-Leadership-Sustainable-ebook/dp/B00R3MHWUEPodcast: People I Mostly Admire: https://freakonomics.com/series/people-i-mostly-admire/📈 JOIN EFI’S CLIMATE CEO PEER GROUP:Become an EFI Climate CEO Fellow — Join North America’s top private peer group community for growth-stage CEOs in climate tech and sustainability. We’re a community of 100 CEO Fellows and Mentors (investors and post-exit CEOs) representing over $40B of market value or financial assets for climate solutions. Apply here:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.entrepreneursforimpact.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠📣 READ EFI’S NEWSLETTER:I share lessons learned from working with 300 climate tech CEOs and investors, meditating for 25 years, teaching 90,000 students, and reading 50 books per year.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://entrepreneursforimpact.substack.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠✍🏼 LEAVE A PODCAST REVIEW:To help more people discover the climate tech CEOs and investors we interview, please take one minute to review or rate this podcast. Since we don’t take any sponsors for this podcast, we appreciate this small gesture of your appreciation. Here are instructions:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://ratethispodcast.com/guides/where-can-people-leave-podcast-reviews⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠🤔 PODCAST HOST:Dr. Chris Wedding is the CEO of EFI (climate CEO peer groups), cofounder of Terraset (carbon removal), Senior Advisor at Javelin Capital (investment banking), Board member at World Tree (regenerative forestry), Board Advisor at DG Matrix (next-gen power electronics), Duke & UNC professor, ex-private equity investor, ex-investment banker, and occasional monk.

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