Walldorf, Germany – SAP SE (NYSE: SAP) recently announced the availability of SAP® Product Footprint Management, a solution that enables companies to calculate the carbon footprint of their products and throughout the value chain. It takes into account the entire product lifecycle, helping companies disclose the environmental footprint of their products to regulators and enabling them to make their products more sustainable.
SAP Product Footprint Management is part of a new portfolio of sustainability-specific business applications that provide transparency and measurement capability throughout the supply chain, enabling companies to move towards lower carbon emissions and more sustainable operations. “Customers want it, the world needs it. There is no time to waste for companies to act more responsibly and sustainably. Sustainability goals are increasingly important to business success than financial goals, ”said Thomas Saueressig, SAP SE Board Member and Head of SAP Product Engineering. “When companies integrate emissions data into the underlying business processes, leaders can drive real change by making conscious decisions along the value chain. This is what accelerates the transition to low-emission pathways, and SAP is uniquely positioned to drive this change through collaborative, intelligent and sustainable business networks. By integrating data from all solutions that govern production processes with master data from business applications such as SAP S / 4HANA®, SAP Product Footprint Management can calculate the environmental impact of various production scenarios. For example, a cookie company may choose its source of chocolate based on both the cost of the raw material and its carbon footprint. SAP’s data-driven approach enables companies to comprehensively integrate sustainability and gain actionable insights across the entire value chain to enable companies to move to low-emission business processes. carbon. Taking a differentiating approach, SAP enables companies to proactively identify the carbon impact early in the product lifecycle rather than reactively after a product is produced. In addition, SAP Product Footprint Management not only provides companies with the information needed to reduce carbon emissions along their value chains, but can also enable the exchange of data with customers, suppliers and business partners, thus promoting transparency on a company’s scope 1, scope 2 and scope 3 emissions.
SAP Carbon Footprint Solution Helps Businesses Redesign For Sustainability
SAP Product Footprint Management, a cloud-native solution based on the SAP Business Technology Platform, is designed to measure and report greenhouse gas emissions. Government regulations proposed to combat the adverse effects of climate change could cost businesses up to $ 120 billion. A recent IDC survey found that combining financial and environmental disclosures in financial reporting, as well as reducing carbon emissions, are priority topics for IT decision makers. *
SAP’s commitment to sustainabilitySAP has been leading the way in sustainable business practices for over a decade. In addition to being named the Software Industry Leader in the Dow Jones Sustainability Indices (DJSI) for 14 consecutive years, SAP’s membership in the Value Balancing Alliance and the SAP Integrated Report illustrates our commitment to integrating the economic, environmental and social performance to make business decisions. . “SAP has long focused on its own sustainability operations. The launch of the SAP Product Footprint Management solution, combined with the WBCSD’s Pathfinder project, represents a unique opportunity to bring together companies to jointly lead decarbonization in value chains and industries, ”said Marta Muñoz, Senior Research Director and responsible for technology and sustainability. IDC EME. To learn more, visit the SAP News Center and follow SAP on Twitter at @SAPNews.
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