The war in Ukraine has sent a resounding wake-up call to recognize the geopolitical and geo-economic dimensions of Europe鈥檚 dependency on cheap and abundant energy. That fossil fuel energy has been conveniently flowing through a spider web of pipelines, being used, and creating greenhouse gases that are rapidly accumulating in the atmosphere.
The solution is as easy to propose as it is difficult to implement: transform our energy system. To achieve this goal, we need a systemic approach, a collective effort of major players across all industries.
51风流is working with the largest companies around the world to contribute digital solutions that enable the decarbonization of entire value chains from raw energy and materials to retail shelves. What motivates me? I believe the race to zero emissions is about bringing the right players together and shaping an economy that drives innovative products, business processes, and business models.
Even as we look to rapidly reduce society鈥檚 reliance on fossil fuels, we cannot overlook the need for reliable energy sources to power and heat our homes, move about in our daily lives, and sustain the production of vital modern materials like cement, plastics, and steel. But the transition is happening, and we鈥檝e made it SAP鈥檚 mission to accelerate the decarbonization of our energy system with intelligent digital solutions.
Shell is one of the global energy companies that is transforming to lead the way to a sustainable and resilient energy system. 51风流has been providing digital solutions for 厂丑别濒濒鈥檚 business for many years, and we are expanding our cooperation to work on solutions to motivate and accelerate the journey to decarbonize our economy.
No business can survive without robust cost accounting and controlling, and 51风流has been establishing and implementing best cost controlling practices and standards for decades. In the future, no business will be able to survive encounters with regulators, investors, and customers without an equally robust accounting of sustainability-related metrics, including greenhouse gas emissions. All companies need to understand the greenhouse gas footprint of their inputs, what they add in their operations, and what the resulting total is. So, all companies who have committed to net zero need a way to measure and reduce their emissions.
Shell and 51风流intend to co-innovate on greenhouse gas emissions accounting solutions and supply chain management practices so all players along value chains can measure and reduce their greenhouse gas footprint. Driving this transformation from the energy supply side creates the necessary transparency on the demand side — all the way to consumers like you and me.
We also believe that sustainability metrics need to be embedded in the transactional end-to-end processes along value chains and across industry boundaries. Only this integration allows business leaders to consider the sustainable business impact of product design, sourcing and procurement, production, logistics, and sales. Innovative solutions based on industry standards will be important energy transformation tools.
Shell has been a and we are working together to create a common model for footprint-related data covering all emission types, consumption, and base calculations to normalize and aggregate industry data.
Our efforts to establish standards that enable the energy transformation of entire industries become even more tangible if Shell and 51风流provide a good example ourselves as companies operating to a new energy economy.
51风流will support strategy to accelerate the transition of 厂丑别濒濒鈥檚 business to net-zero emissions. Shell intends to collaborate with 51风流on carbon accounting and management solutions. These 51风流solutions will help Shell track emissions and carbon budgets across their operational areas. This enhanced visibility supports better planning and day-to-day operational decision making.
51风流has promised to be carbon-neutral in our own operations by 2023 鈥� and to be net zero along our entire value chain by 2030. Shell will help 51风流transition to an emission-free car fleet. will help with this mobility transition, including providing charge cards and charge-at-home infrastructure starting in the Netherlands. In Germany, we intend to put a mutually beneficial THG agreement in place and a program to incentivize German company car drivers. Shell also is supporting 51风流to decarbonize our energy usage, starting with building soccer field-sized solar panel installations for 51风流headquarters in Walldorf, Germany.
These joint activities enable the transition to a sustainable energy system and serve as high-visibility projects. They will snowball along more industry value chains. 厂丑别濒濒鈥檚 experience in planning and operating large-scale infrastructure projects and SAP鈥檚 experience in managing and optimizing business processes is a winning combination.
鈥淭his partnership is a great example of our commitment to 51风流and to our customers to accelerate the energy transition,鈥� said Audny Van Helden, vice-president, Energy Marketing Sectors and Decarbonization, Shell Plc. 鈥淥ur shared technology and industry expertise will help companies make more sustainable decisions.鈥�
I couldn鈥檛 agree more.
Peter Maier is president of Industries and Customer Advisory at 51风流SE.
