Recorded live at the Decarb Connect UK Summit in March, this episode features guest host Tom Angus, Senior Conference Producer at Decarb Connect in conversation with Eoin Bailey, Innovation and Circular Economy Manager at 7 Steel UK. Eoin shares his journey from automotive design engineer to steel industry innovator, and unpacks how 7 Steel is embedding circular economy principles to deliver more sustainable steel solutions for the UK construction sector.

*Please note: At the time of recording, 7 Steel UK was operating as Celsa Steel. Throughout the episode, you’ll hear it referred to by its former name.

Highlights from the conversation:

• Career evolution: How Bailey’s experience analysing product lifecycles sparked his focus on applying circular economy thinking in steel production.
• Circular steel in action: Celsa’s use of electric arc furnaces to recycle scrap steel into new construction materials, creating a closed-loop system that links demolition directly to procurement.
• Overcoming systemic barriers: The challenges of moving from linear “take-make-waste” models toward circular systems that extend material value and cut environmental impact.
• Green premiums and market positioning: Bailey's perspective that low-carbon steel shouldn't command premium pricing when it's produced as standard practice, emphasising the importance of transparent environmental product declarations
• Collaboration & policy shifts: The crucial role of industry collaboration and public sector policies in ensuring local, low-carbon steel competes with cheaper imports.

Please note: this podcast was recorded at Decarb Connect UK in March 2025

Show links:

- Connect with Eoin Bailey and the team at 7 Steel UK (formerly Celsa Steel)

- Follow Tom Angus on LinkedIn and find how to get involved with the membership and work of Decarb Connect

- Join the Decarb Connect Team and a network of hardtech investors and series B+ tech disruptors at Decarb TechInvest in Boston (September 2025)

Want to learn more about Decarb Connect?

We provide insights and introductions that derisk decision-making and support industrial leaders in deploying decarbonization and low carbon product strategy. Our global membership platform, events and facilitated introductions support commercial decarb planning and business models around the world. Our clients include the most energy-intensive industrials from cement, metals and mining, glass, ceramics, chemicals, O&G and many more along with technology disruptors, investors and advisors.

If you enjoyed this conversation, find out about our portfolio of events in US, Canada, UK and Europe – or explore our Decarbonisation Leaders Network (DLN), and learn why more than 200 members from the energy-intensive sectors have joined to share insights, meet partners who can accelerate their net zero plans and why it’s the fastest growing network of its kind.

• (00:05) - Introduction and Background
• (00:00) - Chapter 2
• (01:23) - Career Journey
• (00:00) - Chapter 4
• (01:56) - The Full Circle Moment
• (00:00) - Chapter 6
• (03:47) - Understanding Celsa Steel's Operations
• (00:00) - Chapter 8
• (05:36) - Linear vs. Circular Economy Models
• (00:00) - Chapter 10
• (07:26) - Overcoming Implementation Barriers
• (00:00) - Chapter 12
• (08:45) - Market-Driven Decarbonization and Green Premiums
• (00:00) - Chapter 14
• (10:41) - Supply Chain Education and Collaboration
• (00:00) - Chapter 16
• (12:11) - Summit Insights and Industry Collaboration
• (00:00) - Chapter 18
• (13:44) - Wrap up

Welcome to Podbites - short, sharp episodes designed to give you digestible insights on industrial decarbonisation.

In this episode, Tim Atkinson (Director, Sales & Trading at CFP Energy) joins guest host Melissa Chew (VP, Product at Decarb Connect) to explore why UK industrials must act now to build a resilient carbon strategy.

Recorded live at Decarb Connect UK in Manchester in March, the conversation unpacks the changes underway in carbon markets and why the firefighting of the 2022 energy crisis has shifted into an era of forward-looking strategy.

What You’ll Hear

• The paradigm shift: With the power sector slashing emissions by 74% in just a decade, industry is now in the spotlight to deliver the next wave of reductions.
• The rising cost of delay: Waiting until 2030 could see carbon allowance costs double - or even triple.
• The opportunity window: Crisis mode is over. Companies finally have space to develop long-term carbon and energy plans - but only if they move before the next market shock.
• The need to plan ahead: Forward hedging carbon costs when prices are favorable is becoming essential.
• The technology gap: Solutions like hydrogen and carbon capture are still developing, raising questions about whether carbon prices will rise high enough to justify investment.

Please note: this podcast was recorded at Decarb Connect UK in March 2025*

Show links:

- Connect with Tim Atkinson and the team at CFP Energy

- Follow Melissa Chew on LinkedIn and find how to get involved with the membership and work of Decarb Connect

- Join Mel and a network of hardtech investors and series B+ tech disruptors at Decarb TechInvest in Boston (September 2025)

Want to learn more about Decarb Connect?

We provide insights and introductions that derisk decision-making and support industrial leaders in deploying decarbonization and low carbon product strategy. Our global membership platform, events and facilitated introductions support commercial decarb planning and business models around the world. Our clients include the most energy-intensive industrials from cement, metals and mining, glass, ceramics, chemicals, O&G and many more along with technology disruptors, investors and advisors.

If you enjoyed this conversation, find out about our portfolio of events in US, Canada, UK and Europe – or explore our Decarbonisation Leaders Network (DLN), and learn why more than 200 members from the energy-intensive sectors have joined to share insights, meet partners who can accelerate their net zero plans and why it’s the fastest growing network of its kind.

• (00:00) - - Introduction & Guest Background
• (00:00) - Chapter 2
• (01:16) - - Market Uncertainty & Global Challenges
• (00:00) - Chapter 4
• (02:44) - - The 2022 Energy Crisis Impact
• (00:00) - Chapter 6
• (04:40) - - The Paradigm Shift - Why Now?
• (00:00) - Chapter 8
• (06:43) - - Technology Challenges & Rising Costs
• (00:00) - Chapter 10
• (08:09) - - Immediate Actions for Industrials
• (00:00) - Chapter 12
• (10:33) - Wrap-up

In this episode of the Decarb Connect podcast, Alex Cameron speaks with ClimeCo’s Emily Damon (Chief Growth Officer) and David Prieto (VP of Sustainability Advisory) to explore the rise of insetting as a tool for accelerating corporate decarbonization—especially across complex value chains. Unlike carbon offsets, which involve emission reductions outside a company’s operations, insetting delivers reductions within a company’s value chain, enabling both Scope 1 and Scope 3 progress.

You’ll hear how insetting fits into existing GHG accounting frameworks, why market-based accounting is gaining traction, and how buyers and sellers are structuring deals today—from bundled agreements to complex multilateral transactions. With rising consumer willingness to pay and emerging buyer alliances, insetting is positioned to become a core pillar of corporate climate strategies—if companies can navigate risk, tracking, and stakeholder scrutiny effectively.

Top 5 Takeaways from the Episode

1. Insetting = Value Chain Decarbonization
   Find out how insetting directs investment to emissions reductions within a company’s own supply chain. Create aligned incentives and quantifiable Scope 3 benefits (unlike offsets).
2. Accounting and Claims Require Rigor
   GHG Protocol allows for double counting by design (e.g. supplier Scope 1 = buyer Scope 3), but firms must avoid double claiming. Listen in to ensure that emissions reductions are traceable, additional, and not sold twice!
3. Markets Are Emerging but Still Immature
   Most current insetting deals are bespoke or bilateral. Find out how buyer alliances (e.g., SABA for aviation fuel, Clean Energy Buyers Alliance for electricity, and others forming for steel, cement, plastics) are lowering transaction costs and setting informal norms.
4. Registries and Standards Are Still Catching Up
   Find out what needs to happen next – from standardizing insetting certificates to infrastructure. A call to action to share lessons learned and scale pilot transactions to full-fledged programs.
5. Consumer and Corporate Demand Are Creating Tailwinds
   Studies show growing consumer willingness to pay a premium for sustainable goods (especially among Gen Z and millennials). Find out how corporate Scope 3 targets and supply chain emissions visibility are creating growing demand for low-carbon inputs.

Useful Links

• Learn more about the ClimeCo team here
• Read more in their blog post on Insetting here
• Connect with Emily Damon
• Connect with David Prieto
• Follow Alex Cameron on LinkedIn and find how to get involved with the membership and work of Decarb Connect
• Join Alex and a network of hardtech investors and series B+ tech disruptors at Decarb TechInvest in Boston (September 2025)

Want to learn more about Decarb Connect?

We provide insights and introductions that derisk decision-making and support industrial leaders in deploying decarbonization and low carbon product strategy. Our global membership platform, events and facilitated introductions support commercial decarb planning and business models around the world. Our clients include the most energy-intensive industrials from cement, metals and mining, glass, ceramics, chemicals, O&G and many more along with technology disruptors, investors and advisors.

If you enjoyed this conversation, find out about our portfolio of events in US, Canada, UK and Europe – or explore our Decarbonisation Leaders Network (DLN), and learn why more than 200 members from the energy-intensive sectors have joined to share insights, meet partners who can accelerate their net zero plans and why it’s the fastest growing network of its kind.