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WELCOME Sign up at ASX An account with your email already exists. You might already have an ASX account with another platform. Please log in with your existing credentials Listed@ASX Interview: Getting to know recently-listed company, LGI (ASX:LGI) Wed 08 February 2023 Interview with Dr. Jessica North LGI Giri Tenneti, Senior Manager, Listed Company Services, ASX, spoke to Dr. Jessica North, CEO of LGI (ASX: LGI). Giri Tenneti:  Good morning everyone. Welcome to Listed@ASX. We have Jessica North, Chief Executive Officer at LGI. Good morning Jessica. Dr. Jessica North:  Good morning Giri. Thanks for having me today. GT: You are welcome. So, LGI has gone form strength to strength since being established in 2009. With innovation and a number of firsts in the carbon abatement space and it culminated with a strong operating performance and your successful IPO and listing October last year. Can you tell me a bit about your journey in the waste industry and what drew you to LGI. JN: Thank you so much. Yes. So my journey was a little bit unusual. It started when I was in my late teens and I was on a government scholarship from Canada to Thailand. And my intention was to spend a year gaining my first year of university degrees in Thailand, focusing on Asian studies and fine arts. However, during that year in Thailand, I worked partly as a translator during my holidays with a trekking company in the northern hills of Thailand. And during one of those treks, when I reached the village, the village elders who found out that I could speak Thai, they asked if I could come and help them with the problem, and they took me to the hillside behind their village and showed me what was just a hillside full of plastic waste. Because all of the trekking companies would bring the tourists in for the treks with packaged meals and packaged snacks, and that waste would remain in the village. And they were just dumping it. They had no idea what to do with it. And I had a bit of an epiphany and coming from a family where my parents were very strongly involved in recycling and composting and my mother is an environmental geographer. I realised that there was a big issue in the world. And from that point, it was pretty much about saving the world one landfill at a time. So that was how I entered into the waste management environment. I returned later, some years later, with a degree in physical geography and soil science, and I returned to Thailand to work for a Canadian NGO that was delivering solid waste improvement projects in communities in Thailand, and that really launched my career in waste management. I went on subsequently to focus my research, so I gained a master's degree and a PhD. in the sort of microbial processes in landfills and the emissions from landfills, both liquid and gaseous. And over the years after various roles in different organisations, I was attracted to work with LGI who was one of my consulting clients when I was based in Sydney with a multinational consultancy, and the attraction of joining LGI was to actually physically be involved in carbon abatement projects. So I had done a lot of reporting, a lot of research, a lot of presenting results to clients. But to be able to be in private industry and deliver those projects, deliver that real abatement within that, that climate story linking the implications of waste and climate and doing something absolutely tangible was incredibly attractive at the time. When I joined in 2012 and it has remained a huge motivation. GT: That's amazing. It does sound like it was destined to be. So looking at the lead-up to the IPO, a number of global and economic factors made it a very interesting time when you came to market. What was the thinking as you were going through the process and how have things worked out for LGI today? JN: So as probably many people in the market are aware, we had hoped to list in March of last year and very shortly before we were to launch a prospectus, the war in the Ukraine occurred. The market was understandably shaken and we made the decision to postpone the listing. At the end of the day, I think that it gave a very useful perspective. We will simply try again when the market conditions are more conducive and more settled. The experience was a little bit rocky. We had expectations for March. We realised them in October. I think that having that delay was very valuable because it really brought out the investors, the cornerstone investors who truly believed in what we were doing…