The first time I spoke at a conference about air pollution, the venue was right beside a daycare—a well-regarded chain, no doubt with significant waiting lists. But on the outside, the facility was steps from onramps to a bridge and a major highway, where horns blared and buses and trucks idled at the lights.
The pollution around this daycare was invisible, but because there is still so much we don’t know about air pollution, so were many of the risks. Read more
Nicole Vadori remembers being in grade school and watching the news about a fire at a tire warehouse with big plumes of black smoke that would inevitably cause environmental damage and thinking at that moment, “how can adults let this happen?”
Today Nicole is associate vice president and head of environment at TD Bank Group, where she spends her days finding ways to help reduce the bank’s carbon footprint, mitigating climate risk in its investment activities, and helping to drive business initiatives that can create positive environmental and social impacts.
I recently caught up with Nicole to talk about what TD is doing to help support the transition to a low-carbon economy, how the company analyzes climate risk, and to hear about her favorite Toronto restaurants.
Here’s an edited transcript of our conversation.
Heroic imagination is required to protect health and ensure prosperity in a world of climate chaos, according to Thomas Friedman at the recent New York Times ClimateTECH conference. This potential is ours to realize, says Friedman, due to the unleashing of new technology a decade ago. With Twitter, YouTube, GitHub and the like, the interdependent power of many has never been greater, and the independent power of one has never shone brighter.
Not surprisingly, Friedman’s words inspired the conference audience of entrepreneurs and established companies there to discuss new clean tech innovations.
The problem is that although inspiration and imagination can help motivate change, they are not strategies to achieve it. Building a climate-friendly economy will help us realize the greatest opportunity of our lifetime — creating jobs and protecting health.
Seizing the opportunity to build prosperity while facing climate chaos requires more than a field of a thousand blooming start-ups. It requires massive, continuous innovation, and exponentially increasing investment to bridge the gap between inspiration and implementation.
Here’s how to address both challenges.