The role of the board, energy transition and the harder-to-abate sectors: Emily Farnworth in conversation with Adair Turner
Lord Adair Turner has had a distinguished career in public policy and business and has been leading the drive to a low carbon economy for many years. As Chair of the Energy Transitions Commission, a global coalition of leaders from across the energy landscape committed to achieving net zero by 2050, he is focused on working with corporate leaders in key energy-consuming sectors in industry, transport and buildings.
In this conversation with Emily Farnworth, from the Centre for Climate Change Engagement at the University of Cambridge, Adair Turner will explain how the harder-to-abate sectors can transition to net-zero and the role of boards in defining this pathway.
Laurel Powers-Freeling, Board of Uber UK and Chapter Zero, will introduce this event.
Adair Turner, Chair, Energy Transitions Commission
Emily Farnworth, Co-Director at Centre for Climate Change Engagement at the University of Cambridge
Laurel Powers-Freeling, Board of Uber UK and Chapter Zero
Adair Turner, Chair of the global Energy Transitions Commission
Lord Turner chairs the Energy Transitions Commission. He was chairman of the Institute for New Economic Thinking until January 2019, where he remains a Senior Fellow. He is Chairman of Chubb Europe and on the Advisory Board of Envision Energy.
Lord Turner has chaired the UK’s Financial Services Authority and played a leading role in the post crisis redesign of global banking and shadow banking regulation.
Lord Turner was Director General of the Confederation of British Industry; chairman of the UK Low Pay Commission; chairman of the Pensions Commission; he was the first chairman of the Climate Change Committee.
He became a cross bench member of the House of Lords in 2006.
Amongst his business roles, Lord Turner was at McKinsey&Co; was Vice-Chairman of Merrill Lynch Europe and a Non-Executive Director of several companies, including Standard Chartered plc.
He is Senior Fellow at the Centre for Financial Studies and a Visiting Fellow at the People’s Bank of China School of Finance, Tsinghua University. He writes regularly for Project Syndicate and has published “Between Debt and the Devil”, and Economics after the Crisis.
Emily Farnworth, Co-Director at Centre for Climate Change Engagement Hughes Hall University of Cambridge
Emily is the Co-Director of the Centre for Climate Change Engagement at the University of Cambridge. She was previously Global Director, Low Carbon Economy Transition at Environmental Resources Management.
Prior to this Emily was the Head of Climate Initiatives at the World Economic Forum where she was involved in setting up the Climate Governance Initiative, the Alliance of CEO Climate Leaders the Mission Possible Platform and the Natural Climate Solutions Alliance. She also Chairs the Advisory Committee of RE100 – an initiative that drives demand for renewable power.
Emily has over 25 years of experience working with businesses, government and non-profit organisations to support the transition to a low-carbon economy. She has worked across multi-stakeholder groups and within specific industry sectors to collaborate on solutions to tackle climate change. She has led research, campaigns and communications strategies aimed at creating systemic change in the way businesses mange climate risk and decarbonize operations.
Laurel Powers-Freeling, Board of Chapter Zero
Laurel Powers-Freeling is currently Chair of SMBC Bank International plc, Uber UK, MAF Global Solutions LLC and Cambridge University Health Partners. Laurel has served as a NED on over twenty UK and international boards, including the Court of the Bank of England.
After starting her career at McKinsey, Laurel went on to hold senior management and board-level positions at the Prudential, Lloyds Abbey Life plc, Lloyds Bank Group plc, Marks & Spencer plc and American Express. Laurel also served on the board of the Royal Academy of Music and several other music performance and educational organisations.
Laurel is a Fellow of the Royal Society of Arts, the Royal Academy of Music and Hughes Hall, University of Cambridge. In addition to her formal roles, Laurel is an angel investor and mentor to fintech and life sciences businesses and is currently shepherding the Cambridge Biomedical Campus Vison 2050 development programme.