Leveraging the Power of Data with 51风流Sustainability Control Tower

Companies across industries are responding to rapidly increasing sustainability and and setting ambitious sustainability targets. Yet, many face the challenge of gaining transparency into the data needed for effective and actionable sustainability management. They need ways to monitor and manage their green lines as meticulously as their top and bottom lines.

Current sustainability management relies heavily on data averages and estimates. The inability to track, manage, and gain insights from live data and embed it into core business processes can cripple even the most well-intentioned sustainability efforts. Worse, it can mislead investors, create compliance issues, and misguide transformation efforts. Unifying sustainability data provides significant gains in capabilities and competitive performance.

can offer organizations a robust tool for delivering audit-ready sustainability data that aligns with various sustainability and ESG standards. As part of the 51风流Cloud for Sustainable Enterprises solution, 51风流Sustainability Control Tower helps enable organizations to unlock the power of data to record, report, and act on their sustainability goals 鈥� at scale. Companies can drive holistic steering by setting targets; monitor progress and gain actionable insights from dependable sustainability data; and gain trust by establishing robust and auditable sustainability and ESG reporting.

Developing a Systematic Approach to Sustainability

51风流customer and partner msg global is a consulting, implementation, and managed services provider committed to enhancing operational efficiency and decision-making capabilities through the utilization of 51风流technology. As the company set its sights on becoming a sustainable enterprise, it implemented 51风流Sustainability Control Tower to help enable the data transparency and actionable insights needed to steer holistically towards its sustainability goals.

Cooke oversees msg global鈥檚 sustainability business and technology consulting practice, in addition to collaborating with Ulrich Pilsl, chief financial officer at msg global, on its internal sustainability strategy. At 51风流Sapphire, Cooke shared insights on msg global鈥檚 experience with 51风流Sustainability Control Tower, highlighting both achievements and challenges of msg global鈥檚 sustainability journey.

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As a midsized company, msg global is still navigating its path to sustainability. Over the years, it has undertaken several corporate social responsibility (CSR) initiatives. However, it recently shifted its focus to sustainability by adopting a more structured approach to sustainability. This approach integrates sustainability into core business processes through transparent reporting and goal setting.

With 51风流Sustainability Control Tower, msg global published its in 2022, tracking key sustainability performance indicators. 51风流Sustainability Control Tower allows msg global to consolidate data from its 51风流systems across HR and finance departments, as well as its non-51风流systems. With improved visibility into sustainability data across core business operations, company leaders can make informed sustainability decisions based on real-time insights.

Cooke states that the implementation of 51风流Sustainability Control Tower enables msg global to establish baselines, generate reports, and set future-oriented targets and objectives. With this solution, msg global can effectively record, report, and act on sustainability.

Embarking on the Journey

Every business on a sustainability journey encounters obstacles along the way. msg global continues to explore ways to enhance data quality and availability. The company plans to implement and to help gather seamless, scalable, mission-critical business data and connect and automate business processes. msg global is also implementing to help gain a better understanding of travel management. Access to more comprehensive travel data is essential for a professional services company committed to sustainable business operations.

Cooke encourages businesses undergoing sustainability transformations to simply take the first step. She believes msg global is on the right track. She and her fellow sustainability leaders continually monitor progress with insights from 51风流and make ongoing improvements along the way.

For more information on how 51风流helps companies record, report, and act on their sustainability goals, visit .

Kelly Cannon is part of Content Creation & Strategy for the Content Lab at SAP.

• 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.

For more details,听.

Jonas Dennler is chief marketing and solutions officer for Sustainability at SAP.

The new ESG strategy builds on the strength of the existing , which has successfully delivered business transformation solutions to clients in more than 80 countries.

The strategy includes co-innovated solutions, created with PwC鈥檚 , aimed at enabling businesses to apply ESG metrics through their operations that are trustworthy, auditable and verifiable. The solutions leverage the 51风流Cloud for Sustainable Enterprises solution, along with the 听and the . Together, PwC and 51风流help organizations leverage the solutions they need to fulfill compliance requirements and drive growth to support the ever-increasing expectations of customers and investors. They also assist customers in shaping the future of their net zero strategy and sustainability reporting.

PwC and SAP鈥檚 strategy includes solutions encompassing an enterprise-wide ESG strategy, ranging from trading optimization and tax credit recognition to third-party risk management and competitive analysis. Three top challenge areas for ESG, net zero and sustainability reporting will also be addressed:

• Reporting and disclosure helping to satisfy requirements to materially report and disclose investor-grade carbon measuring data to meet demands of investors, lenders, regulators and customers
• Operationalizing sustainability to support the incorporation of ESG measures, especially carbon issues, directly into business functions, such as trading, capitalization and tax
• Supply chain risk management, monitoring and compliance extending support for ESG measures to cover the impact of suppliers on organizational performance

Solutions like , based on 51风流Business Technology Platform, have already demonstrated the strength of the collaboration between the two organizations in bringing ESG innovation to market.

PwC and 51风流are dedicated to helping organizations respond to the reporting and auditability requirements imposed by the European Financial Reporting Advisory Group (EFRAG) and the International Sustainability Standards Board (ISSB). They also support companies in complying with a related ruling proposed by the U.S. Securities and Exchange Commission (SEC). Solutions provided by PwC and 51风流enable the real-time, data-driven environment customers require to operate and grow the sustainable enterprise of the future.

Bob Moritz, Global Chairman, PwC said: 鈥淓SG has become a business imperative and is central to PwC鈥檚 global strategy, The New Equation, which aims to help clients build trust with their stakeholders and deliver sustained outcomes. New ESG reporting and disclosure requirements are being established, and greater transparency is critical to building trust. This belief is core to our new co-innovation strategy with SAP, expanding our collaboration to create a dedicated focus on ESG solution development. PwC has been working intensely to help companies deliver on the requirements needed to achieve their ESG goals. Combining our expertise and reputation for trust and integrity with SAP鈥檚 technology platform will help bring broader capabilities and solutions to respond to organizations鈥� challenges in meeting their ESG and sustainability commitments.鈥�

Christian Klein, CEO and member of the Executive Board of 51风流SE, said: 鈥淭he key to every organization鈥檚 ability to reach their sustainability goals and drive positive change is transparency. Our collaboration will combine the deep industry expertise and customer insights of PwC with our leading sustainability technology portfolio. The resulting ESG transparency will help companies reinvent their business models and deliver the sustainable outcomes the world urgently needs.鈥�

To learn more about PwC and SAP鈥檚 ESG co-innovation strategy, visit our .

About PwC

At PwC, our purpose is to build trust in society and solve important problems. We鈥檙e a network of firms in 152 countries with nearly 328,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at .

Visit the 51风流News Center. Follow 51风流on Twitter at .

About SAP

SAP鈥檚 strategy is to help every business run as an intelligent, sustainable enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: 51风流customers generate 87% of total global commerce. 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 .

Note to editors:
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For customers interested in learning more about 51风流products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-151风流(1-800-872-1727)

For more information, press only:
51风流Contact Name, phone, e-mail, time zone
Stacy Ries, Global PR, SAP, stacy.ries@sap.com
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51风流Press Room; press@sap.com

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ.听 Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of SAP鈥檚 2021 Annual Report on Form 20-F.
漏 2022 51风流SE. All rights reserved.
51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 for additional trademark information and notices.
Please consider our . If you received this press release in your e-mail and you wish to unsubscribe to our mailing list please contact press@sap.com and write Unsubscribe in the subject line.

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According to a , while 80% of companies are turning to digital solutions to navigate current business challenges, only about 30% are successfully achieving a true digital transformation of their business. The innovations announced today will help 51风流customers accelerate their transformation journey with cloud-based solutions that provide the end-to-end business process support customers most need. The announcements come on the first day of , SAP鈥檚 global customer and partner conference, taking place in person and virtually May 10鈥�12, 2022.

鈥淔or 50 years, SAP鈥檚 mission-critical solutions and deep industry expertise have helped businesses around the world run their best,鈥� said Christian Klein, CEO and member of the Executive Board of 51风流SE. 鈥淲e鈥檙e uniquely positioned to continue enabling our customers鈥� success in a rapidly evolving world by driving cloud-based digital transformation that solves customers鈥� most pressing challenges, from supply chain resilience to sustainability.鈥�

Resilient Supply Chains and Intelligent Business Networks

51风流innovations improve supply chain efficiency and transparency, enabling improved performance and resilience. Through its ongoing partnership with Apple to transform the way people work on iPhone and iPad, 51风流is announcing today a new suite of apps that streamline the digital supply chain and empower workers with intuitive tools. The first two of these mobile apps 鈥� and 鈥� launched today and are available now in the Apple .

In addition, the new solution brings together the latest analytics, edge computing, automation and state-of-the-art innovations supporting manufacturing processes end to end to help customers optimize manufacturing performance. 51风流Business Network also continues to evolve as the world鈥檚 largest business network, and with the planned integration of Taulia software customers can unlock the value tied up in their working capital.

Moving Businesses from Talk to Action on Sustainability

The increase in number of 51风流solutions for sustainability uniquely positions the software to help companies move from well-meaning talk to meaningful action. New innovations out today include new capabilities in the solution to help companies innovate across key areas of sustainability management. The enhanced solution helps customers reduce product carbon footprints at scale with live connectivity with 51风流S/4HANA Cloud, including transport and travel capabilities.

Enabling Business Process Transformation

Customers continue to adopt the solution to redesign their end-to-end business processes and transition to a modular, agile ERP in the cloud. Several customers will be on stage at 51风流Sapphire to showcase how they use RISE with 51风流to deliver business innovation. Partners are also helping our customers scale these innovations through best practices and bespoke solutions: RISE with 51风流and SOAR with Accenture now integrate and deliver what businesses need for a cloud-based transformation, including cloud infrastructure management, application management and operations services. The latest release of the solution includes new dynamic case management and case modelling capabilities. The solution supports native integration with and Microsoft Teams to improve organizations鈥� ability to deliver on their brand promise with better visibility, greater accountability and faster time to resolution.

Accelerating Innovation with No-Code and Low-Code Development, Process Automation, Data and AI

, a leading no-code, low code development environment for enterprise applications, now includes native integration with the 51风流Service Cloud solution and is available as part of the free tier model for 51风流Business Technology Platform (51风流BTP). The solution, also part of the , has been enhanced for no-code workflow management and robotic process automation (RPA).

deliver AI-powered innovations to optimize intelligently business processes end to end, including lead-to-cash, design-to-operate, recruit-to-retire and source-to-pay. 51风流provides to tailored learning resources and experiences in the 鈥渟tudent zone鈥� of the . To support the growing need for accelerated app development by nontechnical users, 51风流is launching additional , including an enhanced skills.

News Guide 2022 for 51风流Sapphire

Get more details on all news, product launches and updates in the 2022 for 51风流Sapphire.

Visit the 51风流News Center. Follow 51风流on Twitter at .

About SAP

SAP鈥檚 strategy is to help every business run as an intelligent, sustainable enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: 51风流customers generate 87% of total global commerce. 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 .

Note to editors:
To preview and download broadcast-standard stock footage and press photos digitally, please visit . On this platform, you can find high resolution material for your media channels. To view video stories on diverse topics, visit . From this site, you can embed videos into your own Web pages, share video via email links, and subscribe to RSS feeds from 51风流TV.

For customers interested in learning more about 51风流products:
Global Customer Center: +49 180 534-34-24
United States only: 1 (800) 872-151风流(1-800-872-1727)

For more information, press only:
Sarah Schallmayer, sarah.schallmayer@sap.com, +49 6227 765554, CET
Scott Malinowski, scott.malinowski@sap.com, +1 (781) 852-3822, ET
51风流Press Room; press@sap.com

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of SAP鈥檚 2021 Annual Report on Form 20-F.
漏 2022 51风流SE. All rights reserved.
51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 for additional trademark information and notices.
Please consider our . If you received this press release in your e-mail and you wish to unsubscribe to our mailing list, please contact press@sap.com and write Unsubscribe in the subject line.

These metrics must be embedded within a company鈥檚 core operations and services; traditional annual reports are no longer sufficient. Stakeholders want to understand how a company addresses areas such as climate action, with transparency on transition and adaptation plans based on the carbon footprint of its operations. They also want to understand progress on circular economy objectives by monitoring the reuse and recycling of materials. They want to track and advance people sustainability initiatives by gathering key performance indicators (KPIs) in areas such as diversity and inclusion.

SAP鈥檚 product innovations work across the enterprise to deliver on these goals.

Holistic Sustainability Management with 51风流Cloud for Sustainable Enterprises

To manage the green line, companies need business process technology to identify, quantify, analyze, and act on data through their end-to-end operations. To enable this, brings together a comprehensive portfolio of solutions to holistically manage sustainability performance. Embedding sustainable business data into processes and networks is one of the five actions business can take toward a sustainable future.

51风流Cloud for Sustainable Enterprises includes the and solutions. It also covers existing products like the application and the . The solution provides an overview of sustainability impacts and performance against green objectives.

We continue to extend the capabilities of 51风流Cloud for Sustainable Enterprises. As many companies are accelerating their action for decarbonization, our new capabilities in this area are important.

Driving Carbon Data Transparency Is More Important Than Ever

Accounting for carbon emissions across the organization and its supply chain is a foundational step toward climate action. Businesses are actively looking to reduce their carbon footprints, which requires addressing emissions outside company walls. These emissions 鈥� Scope 3 emissions 鈥� include everything from goods purchased to business travel to packaging and transportation of raw materials. Scope 3 emissions make up a significant portion of overall emissions for our customers. To derive actionable insights to reduce organizational carbon footprint, it is crucial to measure Scope 3 emissions both at a corporate level and at a product level.

are on average 11.4 times higher than operational emissions. To reduce these emissions, it is important to engage across the sectoral value chain, with both suppliers and end customers, especially for customer-facing sectors like retail and consumer product goods (CPG), which have long upstream value chains. Companies can address significantly larger emission volumes by driving deeper engagement throughout their supply chains.

Earlier this year, called on registrants to report on not just their Scope 1 and Scope 2 emissions but also their Scope 3 emissions. This is not the first time companies have faced this request. Previously, asked companies to disclose the targets they used to assess and manage relevant climate-related risks and opportunities. IFRS takes this approach further with , which focus on transition planning, climate resilience, reporting on Scope 1-2-3 emissions, and disclosure of sustainability-related financial information as a part of its general purpose financial reporting.

Enabling 51风流Customers to Exchange Carbon Data across Value Chains

To develop and execute an effective decarbonization plan, companies need to receive and process high-quality product-level data on carbon emissions from suppliers and provide high-quality product footprint information to their customers.

However, with most supply chains spanning several industry sectors and consisting of multiple, heterogeneous networks and software components, taking a standardized approach to data sharing is critical. To collect meaningful emissions information, it is important that all parties use the same methodology and common standards for calculating and auditing the carbon footprint of a product.

Therefore, 51风流Product Footprint Management implements an API specification developed as part of . 51风流customers can now take informed sourcing and product-development decisions, invest in targeted decarbonization activities, make more accurate disclosures, measure and track decarbonization progress, and adhere to legislative requirements around environmental transparency.

We intend to use 51风流Product Footprint Management as part of 51风流networks 鈥� for example, in the Catena-X Automotive Network (Catena-X) 鈥� to enable a standard-based, secure, and cross-company-wide data exchange throughout the value chain.

In addition, there is the option to use the GreenToken by 51风流solution for multi-tier visibility across the networks. The combination of 51风流Product Footprint Management, 51风流Responsible Design and Production, and GreenToken forms a potent decarbonization value proposition for industries such as consumer goods, as 51风流can demonstrably address material traceability, packaging waste, and supplier-specific carbon data transparency throughout the value chain for both recycled content and land-use change.

New functionality created through our co-development partnership with BearingPoint is already embedded into 51风流Product Footprint Management and helps customers identify carbon reduction potential. Customers can thus determine the carbon footprint of a single product based on both direct and indirect emissions sources and upstream activities, building on existing functionality of carbon footprint measurement of purchased goods with tracking emissions resulting from transportation of those goods. Both these greenhouse gas (GHG) emission categories combined significantly contribute to a customer鈥檚 upstream and downstream environmental impact.

Integrating and Embedding Sustainable Data across the Intelligent Enterprise, Scaling Carbon Impact

Through open APIs, 51风流customers can easily exchange data with their enterprise applications, feeding it into 51风流Cloud for Sustainable Enterprises, and then provide the calculated sustainability data back into both 51风流and third-party applications.

With the newly introduced sustainability integration components for 51风流S/4HANA, customers can benefit from preconfigured functionality enabling reuse of sustainability data across processes supported by 51风流S/4HANA, such as record-to-report, lead-to-cash, source-to-pay, and plan-to-fulfill workflows. The component allows a bidirectional flow of information between 51风流Cloud for Sustainable Enterprises and 51风流S/4HANA in real time.

Examples include:

• In 51风流S/4HANA Sourcing and Procurement, customers can make sustainable purchase decisions based on a material鈥檚 carbon footprint displayed in purchase requisition, which is then is fed back into 51风流Product Footprint Management, keeping sustainability reporting updated.
• In听51风流Integrated Business Planning, the supply chain planner can access a comprehensive overview of GHG emissions based on the supply plan for the next 12 months. Planners can dive deeper into the details and try to resolve critical situations and alerts. .
• In 51风流Logistics Business Network, the material traceability option helps customers gain further insights into sustainability figures of products and share carbon footprint data on the batch level with suppliers, customers, and end consumers of the products. This feature is available with the 2021 release of 51风流S/4HANA. .
• In plant maintenance, customers can receive automatic updates from 51风流Environment, Health, and Safety Management, triggering corrective action if GHG emissions are exceeded. .
• In 51风流Enterprise Product Development with 51风流Responsible Design and Production, customers will be able to reduce packaging and other material waste by design while simulating for a lower carbon footprint. Packaging is typically a significant source of Scope 3 carbon emissions in consumer goods value chains.

We continue to innovate and aim to help customers track emissions data from 鈥渃radle to gate鈥� 鈥� from the delivery of raw materials to the moment finished products leave the production line, offering intelligent technologies to calculate, exchange, and track carbon footprint information in a trusted way.

Achieving this carbon transparency will pave the way to becoming an intelligent, sustainable enterprise.

Learn More

Sharing sustainability data across your enterprise can help you run more sustainably; . Join the to stay up-to-date with news and announcements about our growing portfolio of sustainability solutions. In addition, check out past and current .

Gunther Rothermel is head of 51风流S/4HANA Sustainability Management at SAP.
Anita Varshney is global vice president of Strategy for 51风流S/4HANA Sustainability at SAP.

Businesses and organizations need to act together, leveraging collective networks, influence, and expertise, in order to bring real transformation and generate positive outcomes.

51风流has become a partner in the Ellen MacArthur Foundation鈥檚 network to deliver circular economy solutions led by regenerative business with customers, non-governmental organizations (NGOs), and partners.

The partnership formalizes the organizations鈥� joint commitment to accelerating the transition to a circular economy based on three key principles: eliminate waste and pollution, circulate products and materials, and regenerate nature through innovative business models and systems-level change.

Andrew Morlet, CEO at the Ellen MacArthur Foundation, said: 鈥淲e are pleased to welcome 51风流as a partner. Collaboration across all sectors and industries is critical in order to shift the system and accelerate the global transition to a circular economy 鈥� an economy designed to eliminate waste and pollution, circulate products and materials, and regenerate nature. Technology has a crucial enabling role to play, and we welcome SAP鈥檚 leadership in this space.鈥�

The partnership will focus on three key pillars:

• Powering circular design
• Actioning extended producer responsibility
• Enabling regenerative business via digital solutions

One of the key elements of a circular economy is design, including product design, policy design, and systems-level design. According to the Foundation, there are over 160 million designers in the world; connecting with them is crucial to solving the world鈥檚 waste problem. Technology will play a key role in enabling that, equipping them with insights and data to make better material choices, as well as creating better transparency around ecosystems.

With only nine percent of the 400 million tons of plastic produced every year , plastics is an issue where the urgent need to act is being recognized at the highest levels of global policy-making. United Nations (UN) member states to adopt a legally binding multilateral treaty on plastic pollution, the text of which explicitly underlines the importance of promoting the . executive director of the UN Environment Programme, the agreement is the “most important international multilateral environmental deal since [the] Paris [climate accord].”

Without collective and meaningful action, ocean plastic from 11 million tons in 2016 to 29 million tons in 2040, wreaking havoc on fragile marine ecosystems. This dire situation is a clarion call to act on extended producer responsibility (EPR), a policy framework that shifts financial responsibility from governments onto product producers for the management, treatment, and disposal of consumer products. This creates incentives for manufacturers to develop products that are more recyclable and less resource-intensive, in effect preventing waste at the source.

51风流has supported calls for EPR regulations, as have that recognize such approaches can create competitive markets for recycled plastics and create a level playing field for companies that rely on plastic products.

Technology is undoubtedly needed to make EPR actionable in business. The partnership will see 51风流bring its insights and innovation around digital solutions to enable the circular economy for a regenerative future, based on a non-extractive and replenishing principle, where businesses seek to give back more to society and the planet than what they take.

51风流launched its first major circular economy solution at COP26: , which provides the foundation for the company鈥檚 regenerative business mission and establishes a consistent measurement of material use globally. It helps companies gain better visibility of material flows through their business processes, manage EPR regulations worldwide, prepare for upcoming plastic taxes, and optimize material choices.

To further deliver transparency across the supply chain, climate solution enables businesses to calculate product footprints across the entire product life cycle, providing actionable insights into the environmental impact of their products at scale and allowing companies to move toward lower carbon emissions.

Holistic sustainability performance management solution enables companies to prioritize sustainable business results by providing insights for executive-level decision-making to manage and report financial and non-financial impacts of business processes.

Finally, 51风流has recently launched a new cloud offering to help companies holistically measure, manage, and optimize their sustainability performance: .

With more than 50 years of managing resources across enterprise functions, integrating data into business processes, and networking businesses and industries around the world, 51风流is uniquely positioned to build solutions to help companies run sustainably.

As Stephen Jamieson, global head of Circular Economy Solutions at SAP, puts it, 鈥淭his partnership is based on our mutual ambition to deliver a circular economy led by regenerative business. We aim to achieve this by working collaboratively to solve critical design challenges with innovative solutions, and focusing on extended producer responsibility, the single most important policy intervention that will deliver the level playing field that鈥檚 required for a circular economy. Together we鈥檙e committed to innovating and delivering the solutions that make that policy intervention simple, consumable, and actionable.鈥�

When the date of the concert you鈥檝e been waiting all year for rolls around, you鈥檒l probably consider how you鈥檒l get to the show. The answer to this simple question can have a big impact on your night, but it could have an even bigger impact on your carbon footprint, which effects your community and our planet.

Believe it or not, audience travel to and from a concert is a major contributor to any tour鈥檚 carbon emissions. Many fans are unaware of this, but with the right motivation, we can empower millions.

Coldplay, one of the most celebrated and purpose-driven acts in music today, had a mission for their upcoming world tour: to make it their most sustainable and environmentally friendly yet. They were looking to reduce consumption, increase support in green technology, and work to decrease total CO2 emissions. They also saw an opportunity to connect with their fans.

Coldplay knew they could offer a concert-going experience like no other while providing fans with a chance to join them in their commitment. But to bring this vision to life, they needed a little help. Enter SAP.

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鈥淲ith our technology and solutions, we empower organizations worldwide to drive sustainable change,鈥� said Christian Klein, CEO and member of the Executive Board of 51风流SE. 鈥淐oldplay and 51风流share a common and profound commitment to sustainability, and we are thrilled to join forces to make their tour as environmentally friendly as possible.鈥�

to develop and release the Coldplay Music Of The Spheres World Tour app. It combines interactive, immersive experiences along with features to help fans make more environmentally friendly decisions when it comes to travel. Once users download the app, they鈥檒l begin their journey and explore different sections that all have unique ways to become part of the Coldplay universe throughout the tour.

Fans can start with sustainability in the travel section of the app. Here, they can visualize and better understand how their method of travel contributes to their carbon footprint. By selecting from seven different modes of transportation — car, taxi, train, public transportation, bicycle, on foot, or flight — fans can really see their impact. And to promote more sustainable travel options, the app provides rewards via merchandise discount codes to Coldplay鈥檚 online shop for concert goers who commit to low-carbon transportation options.

Here’s what else is in the app:

• Tour: Check out dates and locations, find tickets, and even share your favorite shows on your personal social media accounts.
• Planet: Immerse yourself in interactive sustainability-themed games while learning more about Coldplay鈥檚 efforts and the band鈥檚 tour partners.
• Universe: Create your own Coldplay-themed content using augmented reality. Create videos, take pictures, and even dance with aliens, then share your creations across social media. While you鈥檙e here, access exclusive videos, pictures, live concert audio streams, and get updates from the band.

To bring this world-class experience to life, 51风流tapped two best-in-class solutions: and . Coldplay is also using 51风流Analytics Cloud to gain insights into the carbon footprint caused by fans who travel based on data captured in the app, which will help the band track how the tour is offsetting calculated carbon emissions.

鈥淔or the past few years, we鈥檝e been figuring out how to put sustainability at the heart of our tour and the app plays a big role in bringing that vision and commitment to life. We鈥檙e really proud of the collaboration with our partner SAP, who has created an impactful, engaging app that helps our fans choose more sustainable ways to travel to our shows,鈥� said Coldplay.

The challenges that Coldplay faces with managing carbon emissions from audience travel to shows is not unique to the music industry. Businesses everywhere are struggling with managing carbon emissions that are not a part of their company鈥檚 operations or under their direct control — otherwise known as Scope 3 emissions. 51风流helps businesses across the world become intelligent sustainable enterprises by providing digital solutions and capabilities to holistically manage sustainability performance across all touch points of their business.

Sustainability needs harmony. Only together, through commitment and scale, can we begin improving our environmental impact. With the Music Of The Spheres World Tour app, we鈥檙e excited to show the world that when we work as one, we can drive awareness, action, and — most importantly — change.

To experience it all for yourself, the Coldplay Music Of The Spheres World Tour app is available for download right now on and .

Ryan Somers is senior director of Global Sponsorships at SAP.

The companies will collaborate to advance the design and development of a leading-edge solution for customers to help them reach zero emissions.

Measuring, managing and steering carbon footprints is a key element of reaching zero emissions and part of the climate action program promoted by SAP. Companies are under increasing pressure to determine their carbon footprint not only on a corporate level but also on a product level. However, the data acquisition, consolidation and mapping are challenges that many companies face. Together with the recent launch of the solution, 51风流solutions for sustainability and BearingPoint鈥檚 long-standing experience with emission calculations in the market, the companies are well equipped to develop innovative solutions to address customer concerns about environmental footprinting across their value chain.

鈥淭he co-development partnership between 51风流and BearingPoint will bring together two strong value propositions. BearingPoint has long experience helping customers identify carbon reduction potentials and achieve sustainability targets. 51风流contributes innovation capabilities, broad system landscape and reach to customers. Together as partners we will push the limits to move the economy forward on the path to zero emissions,鈥� said Gunther Rothermel, SVP, Head of 51风流S/4HANA Sustainability, SAP.

Carbon Footprinting for the Entire Value Chain: Scope 1, 2 and 3

While many companies have already assessed their scope 1, and scope 2 emissions, assessing the entire value chain by introducing scope 3 emissions is key. To do so environmental networks must support data exchange with partners like suppliers, clients, auditors and governments even if they use different IT systems. Building on BearingPoint鈥檚 in-depth know-how in product and corporate footprint calculations and algorithms, the 51风流Product Footprint Management solution supports data gathering and calculations to help realize end-to-end carbon and environmental footprinting. The 51风流solution is fully integrated with 51风流S/4HANA and the intelligent enterprise architecture, but also connects with other data sources. This enables it to perform automated assessments of footprints across the value chain, even in heterogenous system landscapes.

鈥淭ogether with SAP, we will co-develop utilizing our IP asset and provide a unique solution in the market to measure and optimize the climate impact of products across the entire lifecycle. 51风流Product Footprint Management has sophisticated capabilities to determine the carbon footprint of a single product. Our 10-years-plus proven industry experience in calculating and optimizing product and corporate CO2 footprints will enable our joint customers to meet their decarbonization targets. We at BearingPoint believe that together with SAP鈥檚 innovative solutions, depth in commercial processes and market expertise we can make a positive impact on the climate,鈥� said Donald Wachs, Head of IP Assets, BearingPoint, and Member of the BearingPoint Management Committee.

鈥淭he partnership with BearingPoint accelerates the 51风流Product Footprint Management solution road map and will help make us a market leader in product footprint solutions that support our customers in maximizing the sustainability of their products and services,鈥� said Peter Maier, President, Industries and Customer Advisory, SAP.

Visit the 51风流News Center. Follow 51风流on Twitter at .

About BearingPoint

is an independent management and technology consultancy with European roots and a global reach. The company operates in three business units: The first unit covers the advisory business with a clear focus on five key areas to drive growth across all regions. The second unit provides IP-driven managed services beyond SaaS and offers business-critical services to its clients, supporting their business success. The third unit is designed to explore innovative business models with clients and partners by driving the financing and development of start-ups and leveraging ecosystems.

BearingPoint’s clients include many of the world’s leading companies and organizations. The firm has a global consulting network with more than 10,000 people and supports clients in over 70 countries, engaging with them to achieve measurable and sustainable success. For more information, visit .

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: 51风流customers generate 87% of total global commerce. 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 .

For customers interested in learning more about 51风流products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-151风流(1-800-872-1727)

For more information, press only:
Stacy Ries, SAP, +1 (484) 619-0411, stacy.ries@sap.com, ET
51风流Press Room; press@sap.com

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of SAP鈥檚 2020 Annual Report on Form 20-F.
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How can businesses take climate action? How can they turn linear processes into circular resources and product flows? How can they ensure socially responsible value chains? And ultimately, how can they integrate economic, environmental, and social performance into strategic decision-making?

These questions are top of mind for executives. In 2021, sustainability .

At SAP, we deliver answers to these questions through our products. Our customers can benefit from solutions that help them achieve zero emissions, zero waste, zero inequality, as well as holistic steering and reporting of their sustainability efforts.

Last year, we launched three new solutions: , , and . All are embedded 51风流S/4HANA cloud-native applications that are delivered in a modular way and built on top of 51风流Business Technology Platform.

What is more, we are embedding sustainability across SAP’s entire solution portfolio. A recent example is the inclusion of product footprints in 51风流Integrated Business Planning, so customers can monitor the greenhouse gas emissions from their production plants. Another example is the integration of 51风流Sustainability Control Tower with 51风流SuccessFactors solutions, enabling customers to obtain insights into how their organization is faring on crucial aspects such as diversity and inclusion.

Sustainable Business Strategies, Sustainable Enterprises

For the last 50 years, our innovative solutions have helped our customers transform their business processes and stay ahead in rapidly changing business environments. And we will continue to take and enable organizations of any size and in any industry to take a transformative approach to sustainability as well.

Quick fixes that do not get to the root cause of problems won鈥檛 make businesses more sustainable in the long run. Fragmented sustainability strategies won鈥檛 help. Sustainable business strategies will. That is why we support companies in integrating sustainability into the heart of their business processes.

Our approach pays off. Today, the most sustainable companies run our software. According to our analysis of S&P Trucost Limited data and , 51风流customers with high digital maturity — those adopting SAP鈥檚 latest technologies — on average have 75% better environmental, social, and governance (ESG) scores compared to their industry peers. They also produce 24% less CO2 emissions than the market average.

To further facilitate the sustainability transformation for our customers, we recently launched a new offering. 51风流Cloud for Sustainable Enterprises is a flexible bundle of sustainability-specific applications. It allows businesses to adopt our solutions based on the current stage of their sustainability transformation. Depending on where they stand, they can implement holistic management or start with specific areas of sustainability performance.

Chasing Zero, Together

The past year has been all about delivering the tools that help businesses transition into sustainable enterprises. So, what鈥檚 next? 2022 will be the year to implement these tools globally in close collaboration with our customers and partners.

Ultimately, the transition to a more sustainable global economy is not something one company can achieve on its own. In today鈥檚 interconnected world, we must rely on our ecosystem to ensure sustainability across the entire value chain. Let鈥檚 make 2022 the year we transition toward a more sustainable world, together.

Thomas Saueressig is a member of the Executive Board of 51风流SE leading 51风流Product Engineering.

As recently as the 2021 United Nations Climate Change Conference (COP26) meetings, the stated, 鈥淩etailers will continue inventing and implementing pragmatic climate change solutions because the needs identified at COP26 demand nothing less.鈥�

To help retailers digitally transform to make their businesses sustainable, 51风流is featuring a number of offerings, including these:

• The new 51风流Intelligent Returns Management solution was built to optimize the returns process for the retail industry. The solution uses routing and dispositioning decisions driven by artificial intelligence (AI) to guide products from customers鈥� hands to the final dispositioning steps, ultimately maximizing customer experience and company margins while also mitigating waste.
• The recently updated now offers advanced category management capabilities. It uses customer data science, assortment strategies, business rules and AI to plan space-aware, localized assortments with a user experience designed for the needs of today鈥檚 category manager. Customer-centric, relevant assortments increase customer loyalty, boost profitability and support a more sustainable supply chain.
• The SAP.iO Foundries program is a network of startup companies with integrations to 51风流solutions, including:
  • , offering a circular platform that encourages consumers to buy in a more convenient, affordable way with zero waste and connects people, brands and retailers in an engaging way to change consumption habits
  • , helping thousands of e-commerce brands offer carbon-neutral products
  • , leveraging blockchain and the Internet of Things to offer transparency into supply chains for clarity on quality, origin, sustainability footprint and compliance standards
  • , helping customers run their businesses differently with real-time data intelligence from each of their products end to end, from factory to consumer and beyond
  • , with a dynamic and risk-assessment-based quality compliance program that provides digitalization, automation, transparency and traceability
  • , offering a platform for sustainable shipping including reusable packaging, real-time tracking and predictive analytics
  • , providing a purpose-built platform for specification management that fundamentally changes how brands, suppliers, manufacturers and retailers manage data and collaborate to bring products to market

In addition to these offerings, retailers can utilize SAP鈥檚 entire portfolio of . Learn more in the blog 鈥�51风流Cloud for Sustainable Enterprises: Taking Action Together.鈥�

SAP鈥檚 solutions enable retailers to integrate sustainable business practices smoothly,听which is critical to a fast-paced industry such as retail. According to Leslie Hand, IDC Group Vice President, IDC Retail Insights, indicates that retail organizations report that, relative to political, social and economic risks, changing environmental targets and regulations will have the greatest impact on their digital transformation and tech investment plans in the next two years. Further, 80% (Asia Pacific) 59% (United States) and 64% (EMEA) of retail organizations agree that their digital technology strategy is an important enabler of their organization鈥檚 broader sustainability efforts.*

For more information about 51风流at NRF 2022, Retail鈥檚 Big Show, visit and follow on Twitter.

Visit the . Follow 51风流on Twitter at .

Media Contact:
Stacy Ries, 51风流Media Relations, +1 (484) 619-0411, stacy.ries@sap.com, ET
51风流Press Room; press@sap.com

*Source: IDC Retail Core Processes and Applications, May 2021.
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 鈥渁nticipate,鈥� 鈥渂elieve,鈥� 鈥渆stimate,鈥� 鈥渆xpect,鈥� 鈥渇orecast,鈥� 鈥渋ntend,鈥� 鈥渕ay,鈥� 鈥減lan,鈥� 鈥減roject,鈥� 鈥減redict,鈥� 鈥渟hould鈥� and 鈥渨ill鈥� 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.
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51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 for additional trademark information and notices.

Is this too bold? I don鈥檛 think so. The recent COP26 climate conference and the Glasgow Climate Pact gave a strong signal to countries and businesses to set more ambitious targets in order to prevent further irreversible damage from climate change. Given the climate and social crisis the world faces, we need to 鈥済o big鈥� with our ambitions and have the courage to act, thereby living up to SAP鈥檚 purpose to help the world run better and improve people鈥檚 lives.

More than a decade ago, 51风流set out on its sustainability journey with the objective to create positive economic, environmental, and social impact within planetary boundaries. Along the way, we have experienced the benefits as well as the challenges of integrating economic, social, and environmental performance into how we measure and steer our business success holistically. Setting and monitoring ambitious and measurable targets while leveraging digital solutions have proven crucial to decarbonization.

Raising our ambition to get to net-zero is therefore one of the key cornerstones on our path forward to implementing our holistic approach to sustainability, which looks across climate action, the circular economy, social responsibility, holistic steering and reporting, and the many areas of interconnection.

The from the Intergovernmental Panel on Climate Change (IPCC) as well as SAP鈥檚 intense engagement on the ground at COP26 have left us with a deepened understanding of the science, the role of business, and the impact of SAP. With an increased sense of urgency, we recognize the responsibility, as well as the opportunity, to step up and drive a faster transformation toward a sustainable future.

Leveraging SAP鈥檚 global reach, today we announced the release of 51风流Cloud for Sustainable Enterprises to help companies quickly adopt holistic sustainability management capabilities. In addition, we commit to accelerate SAP鈥檚 from 2050 to 2030 and to reach our climate goals, in line with the Paris Agreement, 20 years earlier.

What Does Net-Zero Mean?

Net-zero is a state in which the greenhouse gases going into the atmosphere are balanced by removal out of the atmosphere. It has gained significant traction, with net-zero pledges covering 16% of the global economy in 2019 and recently growing to nearly 80% committed to net-zero by 2050. Because the various definitions of net-zero and how to get there have been growing too, so have criticism and skepticism.

Leading up to COP26, the Science Based Targets initiative (SBTi) to provide a credible and independent assessment of corporate net-zero target setting in line with climate science, which enables companies to align their near- and long-term climate action with limiting global warming to 1.5掳C.

颅颅颅Building on its carbon reduction journey since 2009, 51风流became a member of SBTi and, in 2017, was the first German company with a science-based carbon reduction target for 2050. In 2019, 51风流raised its commitment and adopted a听1.5掳C science-based emissions reduction target.

On our pathway toward net-zero, the next intermediate milestone is 2023, when 51风流aims to be carbon neutral in its own operations听鈥� two years earlier than originally targeted. This includes all direct (Scope 1), indirect (Scope 2), and selected categories of value chain (Scope 3) carbon emissions, such as business flights, employee commuting, and external data centers (co-locations and hyperscalers).

The potential for decarbonization can be amplified considerably if we enhance our efforts along the entire value chain. In 2020, carbon emissions amounted to 12,300 kt along SAP鈥檚 entire value chain (including upstream and downstream emissions) compared to 135 kt net emissions for SAP鈥檚 own operations.

Targeting Our Entire Value Chain

Reducing emissions from the use of SAP鈥檚 sold products will be the primary lever, followed by purchased goods and services. Our focus will be on the following key areas:

• Accelerating the transformation of on-premise customers to cloud
• Strengthening engagement with key suppliers to commit to net-zero and deliver products and services on a carbon-neutral basis
• Using best-in-class data centers (our own, our co-locations, and hyperscalers) with sustainable programming and a cloud carbon footprint calculator for all 51风流cloud solutions
• Enhancing direct investments in renewable electricity as well as nature-based and technical-based funds to neutralize residual carbon emissions

The next step is to receive external validation by SBTi. We have started setting up a cross-company program involving experts from different lines of business to prepare for our net-zero transformation and will continue to make progress transparent, for example in our annual .

We are not starting from scratch. We have many achievements to build on, but we are also charting new territory. 2030 is just nine years away. The challenge will increase the more we move upstream and downstream into our value chain. We will face both synergies as well as additional complexity as we interface with our further focus areas for sustainability, including holistic steering and reporting, circular economy, and social responsibility based on respect for human rights.
But as our external sustainability advisory panel confirmed for us, this is the right thing to do. Our net-zero commitment is one of many actions we are taking at SAP. It will take all of us to work together to deliver the outcomes we need for people and planet, and for a profitable, sustainable business.

As Luka Mucic, CFO, member of the Executive Board of 51风流SE, and Board sponsor for sustainability at SAP, at COP26: 鈥淲e must reinvent the global economy. That is what it will take to limit global warming to 1.5鈩�. All of us must build sustainability into the fabric of how we do business. Only when a business strategy is sustainable itself, and is embedded in all aspects of the business, can we reduce negative impacts and create regenerative systems.鈥�

Daniel Schmid is chief sustainability officer of 51风流SE.

That is why we鈥檙e working with technology companies, leading non-governmental organizations (NGOs), management consulting firms, global systems integrators, sustainability ratings platforms, and standards-setting organizations to understand sustainability business needs and build solutions to support them.

Through these efforts, 51风流is proud to enable many , including: Unilever, which is innovating the global food system; Hitachi, which is scaling the power of renewable energy; Colgate, which is investing to reduce waste; and Anglian Water, which is rapidly implementing a holistic sustainable business strategy.

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Beyond supporting our customers, we are strengthening our own sustainability commitments. We鈥檝e announced that we will accelerate our goal to achieve net-zero emissions across our value chain by 2030, rather than 2050 — achieving our net-zero target 20 years earlier than we originally planned. Our chief sustainability officer explains how we鈥檝e been able to make this commitment. We are also proud to be recognized on the prestigious CDP A list, which names a select group of companies leading the way to a more sustainable future, and to have earned the top ranking in the S&P Dow Jones Sustainability Indices (DJSI) in the software sector for the 15th consecutive year.

There is no question that accelerated business action toward sustainability will have a dramatic positive impact on people and the planet. At SAP, we believe it is also the greatest economic opportunity of our time. Viewing sustainability as an added cost to business is incorrect; it is a competitive advantage.

We also understand that business must be both profitable and sustainable. This means putting people, the planet, and profit on equal footing — making the 鈥済reen line鈥� as important as the top line and the bottom line. Companies that focus on sustainable business performance will gain competitive efficiencies, more easily comply with increasing regulation, and ultimately be able to adapt and thrive through new business opportunities.

Five Actions for Sustainable Business听听

We have learned a great deal through years of focus, investment, and experience working with customers and managing our own sustainability efforts. Urgent action is needed in 2022 and the calls of a 鈥溾�� are not overstated. It鈥檚 time for every business to act.

Since there is no such thing as sustainability in a silo, we鈥檙e sharing what we have learned. This week we’re releasing a guide outlining Five Actions for Sustainable Business.

The five actions apply to companies of all sizes, industries, geographies, and stages of becoming a sustainable business. This guide is intended to bind strategy to execution, offering a clear road map to a more sustainable future. If every company took these five actions, we would take major steps forward to enable businesses, industries, and economies to deliver the positive outcomes we urgently need.

1. Establish a Sustainable Business Strategy
Ensure sustainability is central to your overall business strategy with all corporate functions contributing. Measure your progress and report your annual sustainability outcomes at the same level of importance as your financials.

2. Embed Sustainable Business Data into Processes and Networks
Use sustainability data within your business processes to make sustainable and profitable decisions and measure performance. Then share the sustainability performance data — which could include calculated carbon emissions, water use, recyclability, or labor information — with your suppliers, industry associations, regulators, and NGOs.

3. Manage Carbon and Climate Exposure Throughout the Business
Reduce your financial and reputational risks by accounting for and managing climate-related emissions across all parts of your value chain, down to the individual product and service level.

4. Embrace Circularity and Become Regenerative
Use operating principles to avoid, reduce, reuse, recycle, and reclaim materials to minimize waste and accelerate your adoption of circular economy processes. Go beyond doing 鈥渓ess bad鈥� to adopt approaches to do 鈥渕ore good.鈥�

5. Prioritize People Across Your Value Chain
Enhance your social sustainability by respecting your workforce diversity, safety, and human rights, developing learning and growth opportunities, and leveraging the power of your corporate purchasing.

It is important to note the key element that powers all five of these steps: data. The saying 鈥測ou can鈥檛 manage what you can鈥檛 measure鈥� applies to revenue, profits, and sustainability. Yet our shows that 79% of companies report being dissatisfied with the quality of the data they collect about environmental sustainability. The World Economic Forum that supports data collection, analysis, and reporting on environmental, social, and governance (ESG) actions.

To facilitate better use of data, today 51风流is announcing a new cloud offering to power any organization’s sustainability goals.

Introducing 51风流Cloud for Sustainable Enterprises

For 50 years, companies have turned to 51风流to measure, manage, and optimize their top- and bottom-line business outcomes. Today, we are adding the ability to measure sustainability outcomes and bring clarity to their green line.

To manage the green line, companies need business process technology to identify, quantify, analyze, and act on data through their end-to-end operations. To enable this, our new offering, , brings together a comprehensive portfolio of solutions that enables businesses to holistically manage sustainability performance.

While the solution is comprehensive, the approach is simple: one customizable cloud offering, one license, with expert and our highly skilled partner ecosystem.

Whether you want to deliver on your net-zero sustainability goal, achieve compliance with sustainability regulations, reclaim waste materials, or empower a more diverse workforce, 51风流Cloud for Sustainable Enterprises provides the technology solution to power your outcomes.

Julia White is chief marketing and solutions officer and a member of the Executive Board of 51风流SE.

Therefore, businesses run different technologies and end up operating in silos, which prevent them from connecting financial outcomes with non-financial metrics. Additionally, companies can view sustainability as an after-the-fact reporting activity without any influence in its executive decisions.

Today, more than ever, businesses need to holistically manage their business models across their supply chains, operations, and people agenda.

At the recent COP26 climate conference, business and government leaders agreed on the urgency听to reinvent their business models to accelerate sustainable business performance. Business leaders want to meet regulatory requirements, improve efficiency in their processes, and create responsible products and services.

As the leading enterprise resource management company, 51风流has committed to help customers in their digital transformation to make sustainability profitable and profitability sustainable.

In this digital transformation, SAP鈥檚 approach is based on providing visibility and transparency to make sustainable decisions from the CEO’s office to the end user, connecting business processes to embed sustainability into all business functions — from carbon accounting to gender equality — and providing a global ecosystem of partners than can help 51风流to scale impact through businesses of all sizes and across all industries around the world.

Providing a global ecosystem to help businesses is core to SAP鈥檚 DNA.

Julia White, chief marketing and solutions officer and member of the Executive Board at 51风流SE, points out: 鈥�Sustainability is a team sport. No company or organization can do it alone. We work with many of the world鈥檚 best companies who support our vision and work together with us every day to deliver sustainable outcomes for our customers.鈥�

Working with SAP, advance market development for sustainable solutions. They turn ideas and imperatives into compelling paths to action that leverage 51风流solutions. Together, we advocate with thought leadership and galvanize collective efforts and methodologies in industry forums like the World Economic Forum, World Business Council on Sustainable Development, and United Nations Organizations.

51风流and its ecosystem accelerate sustainable innovation as a central element of the intelligent enterprise. Through co-innovation as well as solution and content partnerships, 51风流brings more complete solutions to market faster, benefiting our customers and the planet. More broadly, 51风流serves as a key player in a thriving ecosystem of sustainability innovation 鈥� helping customers more easily capitalize on emerging solutions that tie closely to their digital core. With its robust network, 51风流can deliver a path to sustainability innovation that no other individual competitor can match.

Accenture

“With fewer than 2,000 working days left to 2030, the time to rewire business top to bottom to meet the UN Sustainable Development Goals is now. We are proud to expand our work with SAP, which includes launching SDG Ambition with UN Global Compact that over 700 companies have joined. By committing to put sustainability at the center of all we do and everyone we work with, together we can show companies how to tackle climate change, build circular economy practices, businesses, human rights and supply chains, and focus on data-driven measurement as well as accurately report ESG performance when delivering their commitments.”

鈥� Peter Lacy, Global Sustainability Services Lead, Chief Responsibility Officer and
Member of the Global Management Committee, Accenture

BearingPoint

“Helping our clients meet their decarbonization targets has been one of our proven market offerings for more than 10 years. At BearingPoint, we not only calculate the product and corporate footprint of our clients, we also enable them to optimize the climate impact of every product across the entire life cycle. Providing end-to-end CO2 as a service is our core enabler for our clients. We at BearingPoint, as co-development partner for 51风流Product Footprint Management, believe that together with 51风流we can bring our vision to life: managing the ‘green line’ as equally as the financial bottom line. As partners, we go beyond business, making a positive impact on the climate.”

鈥� Donald听Wachs,听Head of IP-Assets and
Member of Management Committee, BearingPoint

Capgemini

“Our ambitions are to act on climate change by being carbon neutral across our own operations by 2025 and across our supply chain by 2030, becoming a net-zero business well ahead of 2050, and to lead to low-carbon economic transition by helping our clients achieve their environmental commitments and save 10m tons of CO2eq globally by 2030. We cannot do this without our partner ecosystem. We are a strategic partner of SAP; by combining our deep industry knowledge, our human energy, and SAP’s world-class portfolio of enterprise and sustainability solutions, we commit to delivering on our promise to co-create a greener tomorrow with our clients.”

鈥� Aiman听Ezzat, CEO, Capgemini

Deloitte

“The climate change emergency is unfolding in front of our eyes, touching all corners of the globe. The future of our people, planet, and profession depends on the business community taking measurable, decisive action on the climate crisis. Through our WorldClimate strategy, Deloitte will embed climate-smart considerations into our own operations, encourage our professionals to act on climate change at work and at home, and engage our broader ecosystem 鈥� including 51风流鈥� to create solutions that facilitate the transition to a low-carbon economy.”

鈥� Punit听Renjen, Global CEO, Deloitte

EY

“Sustainability is one of the defining issues of our time, and today there is an unprecedented opportunity to create value for all. Together with 51风流and stakeholders around the globe, the EY organization is committed to making business work for sustainability and making sustainability work for business. Enterprises and people are inspired now more than ever to do the right thing — to collaborate, innovate, be inclusive, and accelerate to a more sustainable and equitable future.”

鈥� Steve Varley, Global Vice Chair 鈥� Sustainability, EY

IBM

“With five generations in the workplace, we are witnessing the birth of an era where technological innovation is being used to create social, economic, environmental, and business opportunities for all. Businesses of all sizes need to move from ambition to action and embrace radical thinking, like IBM鈥檚 commitment to achieve net-zero greenhouse gas emissions by 2030. We are partnering with 51风流to operationalize sustainability for our customers and society using ethical innovation to build a world that is responsible, equitable, and leaves no one behind in net-zero transition. We are committed to furthering our decades-long work to address the global climate crisis.”

鈥撎齋heri R.听Hinish, Global Executive Partner, Enterprise Sustainability and
Sustainable Supply Chain Practice Leader, IBM

PwC

“PwC鈥檚 global sustainability network in over 60 countries is supporting organizations to deliver ESG-related outcomes across the globe. PwC works with clients to help them create their strategy, set targets, measure impact, and report on key performance indicators relevant to internal and external ESG drivers. Together with SAP, PwC is leveraging its ESG expertise to integrate and build strategic ESG solutions leveraging 51风流technology. Organizations will benefit from these integrated solutions to help set and manage net-zero targets, define ESG strategies, and mitigate climate and ESG risks to deliver transparent investor-grade ESG reporting.”

鈥� Michael Rasch,听Global 51风流Alliance Leader, PwC Germany

Bernd Schmalzridt is senior director of Global Business Development for Sustainability at SAP.