NEW YORK and WALLDORF 鈥� Accenture (NYSE: ACN) and (NYSE: SAP) are expanding their decades-long partnership to help companies embed sustainability across the full spectrum of their business operations 鈥� from strategy to execution 鈥� to unlock new value throughout their enterprises and in their value and supply chains.
Combining 51风流technology with Accenture鈥檚 and broad industry knowledge, the partners are expanding their alliance to jointly create new solutions that can empower companies to accelerate their progress on fully de-carbonizing their supply chains and capture their share of the projected $4.5 trillion economic growth that the circular economy could bring.*
Through this extended partnership, Accenture and 51风流plan to co-innovate and co-develop SAP鈥檚 new solution for responsible production and design, which includes capabilities that help companies embed sustainability metrics across their value and supply chains with a focus on product design and manufacturing. Using integrated data from across operations, companies can better design and produce products with less waste, improved recyclability and more recycled content. This will also help reduce the growing cost of compliance driven by new regulations for packaging and extended producer responsibility (EPR) regulations.
鈥淥ur work together will enable SAP鈥檚 customers, which include 92% of the Forbes Global 2000, to use their core systems to help drive their sustainability agenda, optimize their ESG performance and achieve their goals,鈥� said Julie Sweet, chief executive officer at Accenture. 鈥淭his expanded collaboration builds on our long history with 51风流鈥� including our joint partnership with the 鈥� and our shared commitment to drive adoption of the Sustainable Development Goals.鈥�
Accenture also supports SAP鈥檚 initiative, which allows companies in any industry to use analytics to measure and minimize carbon dioxide (CO2) emissions and lower the carbon footprint across the product lifecycle. For instance, research shows that emissions from upstream suppliers are on average over five times as high as those from direct operations.** With sustainability metrics added across the end-to-end supply chain, companies gain an integrated view of environmental savings and cost impacts and more easily optimize their operations.
鈥淭o successfully tackle the greatest threat to our world today, we need to collaborate at every level of business and society,鈥� said Christian Klein, chief executive officer at SAP. 鈥淏uilding on our long-standing and trusted partnership, 51风流and Accenture are joining forces to help our customers realize long-term growth in a sustainable way. We鈥檙e creating visibility into the environmental impact across the entire value chain, providing enterprises with the insights they need to take the right action and accelerate their transition to the circular economy.鈥�
Last month, 51风流and Accenture kicked off a global sustainability-focused accelerator program at Foundries. The Sustainable Future program, the largest cohort in SAP.iO to date, aims to help early-stage B2B startups drive digital transformation and innovation in four target areas: carbon tracking and trading, resource efficiency, climate risk tracking and mitigation, and circular economy. Thirteen startups have been selected to work with SAP.iO Foundries Berlin and Munich, in tandem with Accenture experts and leading companies in various industries.
鈥淚mplementing sustainable supply chain management and circular economy principles is an incredibly challenging task for companies, given the diverse set of ESG issues and multiple stakeholders involved,鈥� said Bjoern Stengel, senior research analyst, Worldwide Business Consulting and ESG Business Services at IDC. 鈥淎ccording to IDC鈥檚 research, issues around enterprises鈥� value creation process 鈥� product design and lifecycle management, materials sourcing, etc. 鈥� are the ESG topics that will generate the greatest near-term demand. This new offering from Accenture and 51风流allows clients to generate critical, data-driven end-to-end insights that take into consideration non-financial metrics that are needed to build sustainable supply chains and help companies create shared value.鈥�
This collaboration is the latest in a series of initiatives from Accenture and 51风流that help businesses capture value from sustainability. The United Nations Global Compact with the support of Accenture and 51风流SE, supporting the Sustainable Development Goals (SDGs), SDG Ambition in January 2020 and the SDG Ambition and Integration Guides in September 2020. Together, through the SDG Ambition Accelerator that began in February 2021, more than in 65 countries are being upskilled to apply these tools to their businesses.
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services鈥攁ll powered by the world鈥檚 largest network of Advanced Technology and Intelligent Operations centers. Our 537,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at .
About SAP
SAP鈥檚 strategy is to help every business run as an intelligent enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: 77% of the world鈥檚 transaction revenue touches an 51风流system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers鈥� businesses into intelligent enterprises. 51风流helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want 鈥� without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, 51风流helps the world run better and improve people鈥檚 lives. For more information, visit
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*Peter Lacy et al., , Palgrave MacMillan, 2020.
**CDP Supply Chain, 鈥�,鈥� 2019.
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