7/31/2023 0 Comments Origin materials![]() ![]() Let’s start with the overarching question: What do you guys view as the mission of Origin Materials? John and Rich, thanks so much for joining us today. Riley has been an investor and an advisor to Origin since 2010. Rich Riley has served as co-CEO and as a member of the Board of Directors of Origin since October, 2020. Bissell has extensive experience in R&D, engineering and business development in the chemicals industry. John Bissell co-founded Origin Materials in November, 2008, and has served as its CEO and a member of its Board of Directors since inception. With demand across industries growing for its sustainable, carbon-negative materials technology platform, the company is entering rapid growth mode. Origin took a major step forward in its scale-up journey earlier this summer when it went public via a SPAC (Special Purpose Acquisition Company) merger. On this episode, we talk to John Bissell and Rich Riley, co-CEOs of Origin Materials, a more than decade old start-up that is on a mission to solve this urgent environmental challenge. While the well-known use of fossil fuels for energy produces more than half of global greenhouse gas emissions, another, less well-known source is responsible for a sizeable portion of the problem: the materials traditionally used to make all manner of both consumer and commercial goods and products in our world, which today account for close to half of emissions. Yet for all the attention this existential threat to our planet rightfully receives, the myriad causes of it don’t always get the focus they warrant. The scope and severity of extreme weather events seems to be increasing exponentially these days, with the devastating impacts of climate change and global warming never far from our minds. To hear more episodes of McKinsey on Start-ups, the firm’s new podcast featuring founders, investors, and industry experts from across sectors and borders speaking about the challenges and opportunities of accelerating growth, subscribe on Apple, Audible, Google Podcasts, Spotify, or Stitcher.ĭaniel Eisenberg: Hello and welcome to McKinsey on Start-ups, I’m Daniel Eisenberg. ![]() An edited transcript of their conversation follows. In this episode of the McKinsey on Start-ups podcast, McKinsey senior editor Daniel Eisenberg speaks with John Bissell and Rich Riley, co-CEOs of Origin Materials, a California start-up that has developed a proprietary technology platform to help a wide variety of companies produce their products or goods without the materials they use contributing as much (or at all) to climate change. ![]()
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