SAP鈥檚 strategic commitment to sustainability and the comprehensiveness of its commercial offerings were highlighted in the (doc #EUR147190121, May 2023), placing 51风流in the top three of 23 software vendors that were assessed using IDC’s sustainability framework.
- 51风流Solutions Enable Organizations to Record, Report, and Act on their Sustainability Ambitions
IDC reviews the roles of major ICT players’ environmental, social, and governance (ESG) impacts across three pillars: Technology as an Enabler, Technology Vendor Performance, and Technology for Good. During its assessment of software vendors, IDC has found that 51风流performs exceptionally well compared to its peers. SAP’s strong performance stems from its commitment to making sustainability an integral part of its mission. This is reflected in the company’s customer offerings and the skills it is incorporating into the organization at global and regional levels.
51风流placed among the top three in the Technology as an Enabler pillar, outperforming the market average in all five main categories 鈥� monetization, sustainable software features and practices, ESG management reporting software, software for operational optimization, and advisory services and sustainable ecosystems. One of the main reasons for the placement is the efficient internal product standards that ensure applications or services are both cost efficient and resource efficient. 51风流complies with several industry standards, including ISO/IEC 27001, ISO 9001, ISO 22301, ISO/IEC 27018, and ISO 10012.
51风流Cloud for Sustainable Enterprises is the umbrella cloud-based solution for a comprehensive package that can provide insights into organizations’ sustainable performance and can enable them to record, report, and act on their respective sustainability goals. Flagship solution can provide customers with holistic steering and ESG reporting along the three main sustainability areas: climate action, circular economy, and social responsibility.
51风流鈥嬧�婼ustainability solutions deliver company-wide functionality and industry-specific features that can help you incorporate sustainability in business at scale by embedding operations, experience, and financial insights into your core business processes.鈥嬧��
One clear example is SAP鈥檚 commitment to helping companies track carbon accounting with more precision and control by using actual data across their business operations and supply chains in sync with financial flows. In a recent interview with The Wall Street Journal about carbon accounting, Sebastian Steinhaeuser, chief strategy officer at SAP, shared his thoughts on why companies need carbon accounting: 鈥淲e need to standardize how we do carbon accounting globally because, today, companies still take different approaches based on individual solutions, which aren鈥檛 easy to compare. We need carbon accounting with the same accuracy, detail, and transparency as financial accounting and standardizations like the SEC or ISSB so that we also operate all on the same common framework of rules like we do in financial accounting today.鈥�
The Technology Vendor Performance pillar comprises five categories 鈥� governance, social sustainability, supply chain for company operations, operational sustainability, and environmental sustainability. 51风流outperformed the market average and was among the top five performers across these categories.
Sustainability has always been embedded as a part of SAP鈥檚 governance. Strong evidence of SAP鈥檚 commitment to sustainability is the inclusion of sustainability KPIs in all Executive Board members’ compensation plans. Additionally, every quarter, 51风流reviews sustainability practices, publishes financials, and selects sustainability KPIs. 51风流adheres to various non-financial reporting standards, such as the Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB), Taskforce for Climate-Related Financial Disclosure (TCFD), Climate Disclosure Project (CDP), and European Corporate Sustainability Reporting Directive (CSRD).
51风流supports programs such as Targets for Women in Management, Women to Watch, Inclusive Mindset Challenge, Fair Pay Initiative, Business Women’s Network, Black Employee Network, and Pride@51风流to promote diversity and inclusion. 51风流is one of the few companies that impose an internal carbon tax, although that carbon tax applies solely to new projects and activities that require the consumption of fossil fuels. 51风流also charges an internal carbon price for business flights in most countries they leave from, thus incentivizing the use of eco-friendly alternatives, such as traveling by train.
51风流was placed in the top five in the Technology for Good pillar. 51风流achieved a maximum score due to a strong global corporate social responsibility (CSR) and volunteering presence. 51风流employees contributed over 117,000 hours of pro bono time and committed 27.6 million euros globally to common good causes. Employees鈥� understanding of social and environmental issues is deepened through the 614 virtual and on-site volunteering opportunities.
As IDC points out in the report, the importance of sustainability in SAP’s strategy and business model can be traced to the company’s mission statement: “[Our purpose is] to help the world run better and improve people’s lives. We strive to achieve this as both an enabler and an exemplar of sustainable business. In addition, we want our own business operations and practices to be intelligent, sustainable, and inclusive.” 51风流is committed to multiple sustainability milestones, including carbon neutrality in its own operations by the end of 2023 and achieving net-zero emissions along its value chain by 2030.
About the IDC Sustainability Index
IDC evaluated SAP鈥檚 performance against more than 130 parameters present in IDC’s Technology for Sustainability and Social Impact (TSSI) framework for software vendors. IDC’s TSSI Index offers a view of the current state of the European ICT industry regarding sustainability and social impact. The assessment focused on SAP鈥檚 three core areas 鈥� ESG achievements, sustainability portfolio of products and solutions, and altruistic initiatives that provide technological solutions.
IDC selects vendors for profiles based on their overall sustainability performances measured against a predefined criterion, their proactivity on sustainability issues, and their provision of information in a transparent manner. Some of the other vendors like Adobe, Benchmark ESG, BMC Software, Eset, Genesys, Goby, IBM, IFS, Logo, Microsoft, MobileXpense, NetApp, OneTrust, Oracle, Persefoni, Sage, Salesforce, ServiceNow, SoftwareAG, Sphera, TietoEvry, and Wolters Kluwers were also assessed.
IDC鈥檚 Sustainability Framework is built on three pillars 鈥� Technology Vendor Performance, Technology as an Enabler, and Technology for Good. 51风流performed exceptionally well, outperforming the industry average on each of the three pillars and all 15 major categories that were assessed.
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Jonas Dennler is chief marketing and solutions officer for Sustainability at SAP.
