Lehigh ISE Spencer C. Schantz Distinguished Lecture - Public Lecture

Speaker: Paul Camuti, Executive Vice President and Chief Technology and Sustainability Officer

Title: "A Purpose Driven Innovation System, Delivery ESG Impact"

Lecture: Thursday, May 4, 2023, 4:15 p.m. - 5:00 p.m.  

Location: MO 355, 200 West Packer Avenue, Bethlehem, PA 18015. 

The Lehigh ISE Department is pleased to announce that Paul Camuti, will give the Spencer C. Schantz Distinguished Public Lecture titled A Purpose Driven Innovation System, Delivery ESG Impact on Thursday, May 4, 2023 from 4:15 p.m. to 5:00 p.m. in Mohler Laboratory room 355, 200 West Packer Avenue, Bethlehem, PA.

The ISE Award Ceremony honoring ISE students, faculty, and staff will follow immediately after the lecture (5:00 p.m. to 5:30 p.m.).

The ISE Banquet Dinner will be held Zoellner Arts Center, Butz Lobby (2nd Floor) 420 East Packer Avenue, Bethlehem, PA 18015 from 6:00 p.m. to 9:00 p.m.

 

Abstract:

A Purpose Driven Innovation System, Delivering ESG Impact

Over a decade ago, Trane Technologies set out to align its business strategy to match the global megatrends and sustainability challenges that also presented growth opportunities. By focusing on engaging employees, implementing a business operating system, and deploying a team-based approach to innovation, the company was able to accelerate its sustainability-focused strategy in 2020 following separation from its industrial segments, and transformation to a more focused climate innovator with a purpose to challenge what’s possible for a sustainable world. 

The thermal management of built environment and the transportation cold chain are responsible for approximately 20% of global greenhouse gas emissions.  With a more populated, warmer planet these emissions could increase dramatically.  By committing to this challenge, Trane Technologies has taken as systems approach – engaging our employees, focusing on our customers, developing new technologies, and innovating our product and service offerings globally.  This has resulted in top levels of employee engagement, business growth and total shareholder return. 

This talk will explore the key components of the system, our learnings, and the importance of goal setting in an industrial transformation.  Through examples we will highlight the opportunities for all organizations to set a clear purpose and to deliver impact.  We will address questions and discuss how a systems engineering background and perspective can accelerate business success.

 

 

 Bio:

Paul Camuti is executive vice president and chief technology and sustainability officer of Trane Technologies plc, a global climate innovator focused on sustainable solutions for buildings, homes and transportation.  

In this role, Paul oversees the company’s innovation practices and sustainability-led strategy that powers the company’s strong financial and environmental, social and governance (ESG) performance. He also provides leadership to the shared technology and advanced manufacturing networks, sustainability practice, strategy and corporate development functions.

Since joining the company in 2011, Paul has helped establish its award-winning, sustainability-led innovation culture. He has led the company’s enterprise focus on sustainability, advocacy for smarter energy usage, and partnership with industry experts, academia and NGOs. Under his leadership, the company has formed external advisory councils on both sustainability and healthy and efficient spaces. In addition, he led the introduction of Operation Possible, a global crowdsourcing innovation program focused on solving major environmental and social challenges.

For more than 30 years, Paul has been at the intersection of industrial digital transformation and sustainability. Prior to joining the company, he was founder and president of Smart Grid Applications for Siemens Energy, Inc. and CEO of Siemens Corporate Research. In these roles he had global business responsibility for technology and innovation. He also held several leadership roles with Siemens Energy and Automation, where he founded the company's Industrial Software business. In addition, he has worked with Eaton Corporation and Westinghouse Electric.  

Paul’s leadership has helped Trane Technologies earn a position as a global leader in sustainable innovation. Most recently, the company was listed on the Dow Jones Sustainability Indices for the 12th consecutive year, ranked 18th on the 2023 as a JUST 100 list and ranked on Fortune’s World’s Most Admired Companies for the 10th consecutive year. The company was also the first in its industry and one of the first across all sectors to have its net-zero emissions targets approved by the Science-based Targets Initiative (SBTi).


 

Past Schantz Lectures:
Lorenz (Larry) T. Biegler
Carnegie Mellon University
Thursday, April 27, 2023
"Optimization Strategies for Integrated Process Design and Operations"
 
Michael Carter
University of Toronto; Founding Director of the Center for Healthcare Engineering
Thursday, November 3, 2022
"How Can We Make a Real Difference in Healthcare? The Challenges of Implementation" (Public)
 
Stephen J. Wright
University of Wisconsin-Madison
Thursday, July 28, 2022
Perella Auditorium, Rauch Business Center
"Primal-Dual Optimization Methods for Robust Machine Learning and Generalized Linear Programming" (Technical)
 
Tais O'Dwyer
Microsoft
Thursday, May 12, 2022
Mohler Laboratory, Room 355
"Technology as the Competitive Differentiator in Financial Services" (postponed)
 
Michael Pinedo
New York University
Wednesday, May 4, 2022
Mohler Laboratory, Room 453
"Scheduling Applications in Industry - Steelmaking and Microelectronics" (Technical)
 
David Burdakin
President, JBT Aero Tech
Thursday, October 21, 2021
Wood Dining Room, Iacocca Hall
"Great Businesses...How do they do it?" (Public)
 
Jorge Nocedal
Northwestern University
Tuesday, September 14, 2021
Mohler Laboratory, Room 453
"Constrained Optimization in the Presence of Noise" (Technical)
 
Yurii Nesterov
University of Louvain
Monday, August 2, 2021
Zoom Presentation
"Inexact High-Order Proximal-Point Methods with Auxiliary Search Procedure" (Technical)
 
Stacey Cunningham '96
President, NYSE Group
Thursday, May 2, 2019
Neville Auditorium
"Engineering the 21st Century Stock Exchange" (Public)
 
Dr. R. Tyrrell Rockafellar
Professor Emeritus, University of Washington
Wednesday, April 24, 2019
Mohler Laboratory, Room 451
"Risk and Reliability in Optimization Under Uncertainty" (Technical)
 
Mikell Groover
Professor Emeritus, Lehigh University
Thursday, May 3, 2018
Wood Dining Room, Iacocca Hall
“The Evolution of Lehigh University’s Industrial and Systems Engineering Department” (Public)
 
William J. Cook
University of Waterloo
Wednesday, November 29, 2017
Sinclair Laboratory Auditorium
“In Pursuit of the Traveling Salesman: Mathematics at the Limits of Computation” (Public)
 
William J. Cook
University of Waterloo
Thursday, November 30, 2017
Mohler Lab, Room 453
“Guiding the Cutting-Plane Method” (Technical)
 
Sunil A. Misser '88G
CEO, Accountability
Thursday, April 20, 2017
Sinclair Auditorium
“Responsible Business – Rebuilding Trust and Creating Value” (Public)
 
Alain Haurie
Professor Emeritus, University of Geneva, Switzerland
Tuesday, April 18, 2017
Mohler Lab, Room 453
“Modeling Energy Transition to Sustainability in a Smart Grid/Smart City Environment” (Technical)
 
Richard R. Verma '90
U.S. Ambassador to India
Thursday, April 28, 2016
Neville Hall, Room 001
“Technology, Innovation, and American Diplomacy in the 21st Century” (Public)
 
Dr. Ronald G. Askin '75
Professor of Industrial Engineering and Director of the School of Computing, Informatics, and Decision Systems Engineering
Wednesday, April 27, 2016
Mohler Lab, Room 451
"Industrial Engineering: Key Principles and Paradigms Developed to Date and the Opportunities and Challenges for the Future" (Technical)
 
Dr. Robert Bixby
Noah Harding Professor Emeritus of Computational and Applied Mathematics at Rice University and visiting Professor in the Department of Mathematics at Universitat Erlangen
Thursday, September 24, 2015
Sinclair Auditorium
“Computational Progress in Linear and Mixed Integer Programming” (Public)
 
Dr. Radhika Kulkarni
Vice President of Advanced Analytics R&D at SAS Institute Inc
Tuesday, September 30, 2014
Sinclair Auditorium
"Succeeding with Business Analytics - Key Challenges" (Public)
"Big Data and Big Analytics - Opportunities for Interdisciplinary Innovation" (Technical)
 
Brenda Dietrich
IBM Fellow and VP, IBM Watson Group
Thursday, April 17, 2014
Lewis Laboratory, Room 270
"Cognitive Computing: Behind and Beyond Jeopardy!" (Public)
"Business Analytics: Making Operations Research Ubiquitous" (Technical)
 
Ralph E. Gomory
Research Professor, New York University
Thursday, April 18, 2013
Sinclair Auditorium
"New Goals for American Corporations" (Public)
"Problems Create Mathematics" (Technical)
 
Arthur F. Veinott Jr. ’56
Professor Emeritus of Operations Research, Stanford University
Thursday, April 19, 2012
Neville Auditorium 001
"Optimal and Near Optimal Supply Policy for Deterministic Multiperiod Supply Networks" (Public)
"Polytime Computation of Strong and n-Present-Value Optimal Policies in Markov Decision Chains" (Technical)
 
Leon F. McGinnis, Ph.D.
Eugene C. Gwaltney Chair in Manufacturing Systems and Professor, Georgia Institute of Technology
Thursday, April 28, 2011
Sinclair Auditorium
"Industrial Engineering - Quo Vadis? One Man’s Idiosyncratic View of His Profession" (Public)
"Model Based Industrial Engineering" (Technical)
 
Irwin Young ’50
DuArt Films Laboratories
Friday, March 18, 2011
Sinclair Auditorium
"How an Engineering Education Affected My Career" (Public)
 
Dr. Stephen P. Boyd
Stanford University
Tuesday, December 7, 2010
Perella Auditorium, Rauch Business Center
"The Role of Embedded Optimization in Smart Systems and Products" (Public)
"Real-Time Embedded Convex Optimization" (Technical)
 
Dr. John T. Betts
Boeing Company
Friday, April 16, 2010
Perella Auditorium, Rauch Business Center
"What Does a Rocket Scientist Really Do?" (Public)
"Algorithmic Choices When Solving an Optimal Control Problem" (Technical)
 
Dr. Cynthia Barnhart
Massachusetts Institute of Technology (MIT)
Friday, August 8, 2008
Perella Auditorium, Rauch Business Center
“Unraveling the Mysteries of the Airline Industry"