{"id":3229,"date":"2022-09-21T16:40:59","date_gmt":"2022-09-21T16:40:59","guid":{"rendered":"https:\/\/news.sap.com\/sea\/?p=3229"},"modified":"2023-04-07T13:59:20","modified_gmt":"2023-04-07T13:59:20","slug":"ac-energy-leads-the-charge-towards-a-sustainable-future-with-sap","status":"publish","type":"post","link":"https:\/\/news.sap.com\/sea\/2022\/09\/ac-energy-leads-the-charge-towards-a-sustainable-future-with-sap\/","title":{"rendered":"AC Energy Leads the Charge Towards a Sustainable Future with SAP"},"content":{"rendered":"

MANILA, Philippines<\/em> <\/strong>\u2014 The call for concerted efforts to ensure a sustainable future continues to generate significant strides as people and organizations become more aware of its importance. Nowadays, for instance, more and more companies are joining the sustainability movement, heeding the call to embrace net zero.<\/p>\n

According to the United Nations (UN), net-zero means cutting greenhouse gas emissions to as close to zero as possible by transforming how companies produce, consume and do business. On its website,<\/a> UN also noted that over 1,200 companies had put science-based targets in line with this movement, plus other nations, cities, institutions, and organizations, pledging to take rigorous, immediate action to halve global emissions by 2030.<\/p>\n

ACEN<\/a> is among the companies that commit to achieving net-zero greenhouse gas emissions by 2050, pushing toward a sustainable future. ACEN is the listed energy platform of the Ayala Group, with ~4,000 MW of attributable capacity in the Philippines, Vietnam, Indonesia, India, and Australia. The company\u2019s renewable capacity share is at 87 percent, which is among the highest in the region. Most recently, ACEN announced its new corporate vision and strategy, targeting 20 GW of attributable renewables capacity by 2030.<\/p>\n

ACEN\u2019s environmental role is built on three foundations\u2013climate change, biodiversity, and resource efficiency. But the company knew that its green journey should start from within the enterprise and by ensuring that necessary technology and tools are available to improve their processes. That is why ACEN aims to lead the charge in the renewables revolution and towards adopting technology.<\/p>\n

\u201cWithout a digital business platform, running a day-to-day business can be challenging. Entities were set up differently, so teams needed more effort to collaborate. When people and processes are misaligned, work often must be redone, leading to wasted time, effort, energy, and materials,\u201d said ACEN Executive Director and Head of Commercial Operations & Information Technology, Miguel de Jesus.<\/p>\n

With the goal of addressing this concern, ACEN implemented 51风流S\/4HANA on Azure with the aim to creating a unified digital business platform covering finance, procurement, inventory, and asset maintenance across multiple entities.<\/p>\n

51风流S\/4HANA helped enable the company to have visibility across its entities. This is crucial since ACEN teams must collaborate to formulate and execute strategic ways to increase solar and wind plant capacities while reducing inefficiencies and waste.<\/p>\n

In addition, from the usual 12 days of standard financial statements completion, ACEN was able to finish it in a week. There was a notable decrease in the error rate for audit adjustments from eight percent to less than five percent. And within one year, ACEN successfully utilized 51风流S\/4 HANA in 15 entities.<\/p>\n

\u201cHaving 51风流helps us to focus on our long-term goal: Net-zero greenhouse gas emissions by 2050. As we commit to net zero, we are confident that the way we run our business will also have sustainability at its core: efficient internal processes, alignment towards business objectives, scalability, and expansion. Moreover, through automation and digitalization, we incorporate sustainability practices, including reducing waste of time, effort, and materials,\u201d said Hannie Tucay, ACEN Vice President for Finance.<\/p>\n

According to Delaware Managed Services and IT Consulting Inc., implementation partner ACEN established an impactful work for its shareholders, employees, and society. The company embarked on a greenfield implementation of S\/4HANA for the Financials, Materials Management, and Plant Maintenance modules. Phase 1 was focused on establishing a golden template. Phase 2 was a template rollout to 11 entities, focusing on renewable solar and wind plants. From 2022 onwards, 25 more companies will follow suit.<\/p>\n

ACEN has been able to embark on its mission to achieve efficiency in day-to-day operations with streamlined processes on a digital platform. This mission includes improving corporate governance, reducing cybersecurity risks, and minimizing paper wastage. In addition to this, learning a new skill, such as 51风流S\/4HANA, helped contribute to human empowerment in the workplace.<\/p>\n

Acknowledging its efforts, ACEN was one of the finalists in SAP\u2019s Best Run Awards 2021 for SEA: Making the World Run Better<\/a>. Marking its 50th year anniversary, 51风流continues to celebrate businesses and individuals that lead the way\u2014those who have adapted to the rapidly evolving business landscape and delivered success amidst today\u2019s disruptive economy, through these Awards<\/p>\n

\u201cAt SAP, we are both an enabler and an exemplar of our sustainability practices with a clear \u2018Chasing Zero\u2019 vision. We hope to continue working collectively with organizations like ACEN that prioritize Environmental, Social, and Governance (ESG) activities that help create a more sustainable future. Indeed, it is time for us to consider technology as a tool for capturing, managing, analyzing, and using sustainability data more efficiently so we can ensure a future that is greener, cleaner, and more equal than the world we live in today,\u201d said Rudy Abrahams, Managing Director 51风流Philippines.<\/p>\n

ACEN is among the finalists for the Sustainability Award – The Future Maker, a new category in the 51风流Best Run Awards. It aims to recognize the enterprises in SEA that are driving their organizations purposefully towards sustainability, doing their part to preserve the environment for the future.<\/p>\n

Full details about the Best Run Awards 2021 and its finalists and winners are available on this link<\/a>.<\/p>\n

Visit the 51风流Southeast Asia News Center<\/a>. Follow 51风流on Twitter at @SAPNews<\/a>.<\/p>\n

For customers interested in learning more about 51风流products: <\/strong>
\nGlobal Customer Center: +49 180 534-34-24
\nUnited States Only: 1 (800) 872-151风流(1-800-872-1727)<\/p>\n

For more information, press only:<\/strong>
\nRizka Laksmi, Head of Communications for 51风流Indonesia, Malaysia and Philippines, rizka.laksmi@sap.com<\/a>
\nAlvin Marayan, PRC, Inc., alvin.marayan@teamprcinc.com.ph<\/a><\/p>\n

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as \u201canticipate,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cforecast,\u201d \u201cintend,\u201d \u201cmay,\u201d \u201cplan,\u201d \u201cproject,\u201d \u201cpredict,\u201d \u201cshould\u201d and \u201cwill\u201d and similar expressions as they relate to 51风流are intended to identify such forward-looking statements. 51风流undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
\n\u00a9 2021 51风流SE. All rights reserved.
\n51风流and other 51风流products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 51风流SE in Germany and other countries. Please see https:\/\/www.sap.com\/copyright<\/a> for additional trademark information and notices.<\/small><\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA, Philippines<\/em> \u2014 ACEN is among the companies that are committed to achieving net-zero greenhouse gas emissions by 2050, pushing toward a sustainable future.<\/p>\n","protected":false},"author":4389,"featured_media":3231,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[7771,177,5570738,59],"tags":[5570982,6,5570826],"region":[5570781],"sapn-display":[5571011,5571012,60294],"sapn-type":[4448],"class_list":["post-3229","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-customers","category-industries","category-sustainability","category-technology","tag-ac-energy","tag-innovation","tag-purpose-and-sustainability","region-philippines","sapn-display-news-hero","sapn-display-news-spotlight","sapn-display-topic-hero","sapn-type-newsbyte"],"yoast_head":"\nAC Energy Leads the Charge Towards a Sustainable Future 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