Zoom meeting
XTEND Monthly Meeting – 6.00 pm
Tuesday 12th January 2021
Address Details: Webinar via Zoom
Register in advance for this FREE meeting: here
Sat Pillai
‘The Circular Economy’
The essentials of the Circular Economy:
Over the past few centuries, humans have accelerated the way we produce and consume in our economies. Even as we have become increasingly reliant on the Earth’s limited natural resources, those resources have become less abundant. Meanwhile, value-added resources that are at the end of their life are considered to be “waste”. The Circular Economy is a proposition that seeks to solve this societal problem by changing our Take-Make-Waste linear economy to a circular economy where resources are regenerative, circulating in the economy to feed our needs in novel ways.
Environmental, Social and Governance (“ESG”) issues have come to the fore over the past few years. Leaders are no longer required to simply look after the interests of their organisations but also their impact on wider society. Leaders and Board members of organisations will learn how the circular economy is a practice that increases business margins, preserves our limited resources for the long run, and complies with current and future regulations that will be enforced in order to meet global environmental, societal and governance targets such as those detailed by the UN’s Sustainable Development Goals and by the Climate Change Committee.
Find out how to:
• Grow business margins
• Conserve limited global resources for use for the long-run
• Comply with current and future ESG regulations
About Sat Pillai
Sat Pillai has 25 years experience in industry, consulting and banking in the UK & mainland Europe, North America and Asia. During his early career, he worked in product development and manufacturing with Unilever, Procter & Gamble, BMW and Rolls-Royce Aerospace. He subsequently joined Gemini Consulting (now Cap Gemini Consulting) as a Senior Consultant in Strategy & Transformation, focusing on turnaround, post-merger integration and regional start-ups divisions of global firms. He subsequently worked as a consultant in financial services, working with the UK Financial Services Authority and, in Maastricht, with an international division of HBOS. He then lived in the US for seven years, working for Bank of America in capital markets, corporate lending and risk management up to Vice President level. Eight years ago, he returned to the UK and launched a start-up that applies innovative technologies to accelerate sustainable initiatives, particularly around stakeholder alignment and the democratisation of innovation.
Sat trained as a Chemical Engineer at Imperial College and ENSI-GC in Toulouse, France, during which time he worked on oil refineries, the industrial marketing of hydrogen and the production of rocket fuel! He earned a MBA (Dean’s List) in Finance & Marketing at The Wharton School, Philadelphia, during which time he worked with HSBC’s Corporate and Investment Banking Division. He speaks advanced French.
Sat serves as the Policy Lead at the Federation of Small Businesses, London, and the Circular Economy Club of London, and is a former Co-President of the UK Alumni Club of The Wharton School.