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When un secretary-general Ant贸nio Guterres warned 鈥淲e are on a highway to climate hell with our foot still on the accelerator,鈥� he wasn鈥檛 indulging in hyperbole. Although organisations have started to become mindful of their carbon footprint, a report from Rocky Mountain Institute states that the average company鈥檚 supply-chain greenhouse gas (GHG) emissions are 5.5x higher than the direct emissions from its assets and operations. Even countries are working to create regulations that require businesses to track their carbon footprint to the last milligram.

In this backdrop, even software firms are creating systems that can help track their supply chain鈥檚 GHG emissions transparently and auditable. For instance, software-as-a-service firm 51风流has designed Green Ledger that allows businesses to manage their operations in a sustainable manner with bottoms-up transactional emissions data, rather than estimates. 鈥淭he Green Ledger gives you the accounting equivalent of your emissions balance sheet. It is doing the same for emissions [data] as enterprise resource planning (ERP) has been doing for financials for many years,鈥� says Paul Marriott, President of 51风流Asia Pacific Japan.

This would enable companies to manage the carbon that enters and leaves their systems as they balance profits and losses. With over 400,000 enterprise customers using SAP鈥檚 software across the globe, the Ledger can be included as an add-on to its ERP solution S4/HANA Cloud, and allocate carbon emissions weightage to financial transactions. But it requires data of the carbon footprint of products to provide accurate, actionable data for decision-making.

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Breakthrough announcements included responsible AI built into business solutions, ledger-based accounting for carbon tracking and industry-specific networks to bolster supply chain resilience. With these advances, 51风流is helping customers transform their business models in the cloud, put sustainability at the center of their operations and boost agility to succeed amid ongoing change.

鈥淚n a world of geopolitical tensions, product and skills shortages, and new regulations, our customers continue turning to 51风流for the solutions they need to solve their most pressing challenges,鈥� said Christian Klein, CEO and member of the Executive Board of 51风流SE. 鈥淭he innovations we鈥檙e announcing at 51风流Sapphire build on our heritage of responsibly developed technology and decades of industry and process expertise to ensure our customers鈥� success today and in the future.鈥�

To know more, read the press release here.

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