Pioneering partnership will standardise sustainability reporting across global value chains and tackle Scope 3 emissions
LONDON, UK 鈥� 7 September 2023 – (NYSE: SAP) and today announce a visionary new partnership to show how carbon accounting could be standardised for business customers by piloting the recently launched 51风流Sustainability Data Exchange (SDX).
51风流SDX enables BT to collect, trace and share carbon data across its own supplier base, providing unparalleled visibility into the carbon footprint of its business products and services. BT can then share this information directly with business customers when they purchase products through . Furthermore, BT can complement this with data-driven insights from its and to help customers optimise their own IT for both carbon and energy.
Key to the decision to select 51风流SDX was its adherence to the carbon data interoperability standards set by the (PACT), hosted by the World Business Council for Sustainable Development (WBCSD). This means that global and UK business customers do not have to implement their own carbon accounting platforms to calculate, collate and share emissions data. Instead, they simply request it through 51风流SDX for their BT products and services.
BT is sending a strong signal of intent to standardise sustainability reporting across global business customers鈥� value chains to help them聽tackle and drive environmental progress. This will also contribute to the delivery of the pledge to help customers avoid 60 million tonnes of carbon dioxide emissions by 2030.
Sarwar Khan, Global Head of Digital Sustainability, Business, BT, said: 鈥淭ypically, value chain emissions represent a greater proportion of a business鈥� carbon footprint than operational emissions. Tracking, measuring and acting on these and bringing more suppliers and partners on the journey will not just accelerate net-zero targets, but set a new precedent for sustainability reporting. Collaboration fuels progress and access to data is fundamental to getting it right.鈥�
鈥淭he lack of standardisation in sustainability reporting has been a roadblock to progress for too long鈥� commented Ryan Poggi, Managing Director of 51风流UKI. 鈥淭his creates confusion and an inability to validate real change. Our partnership with BT gives us an opportunity to refresh the guidelines and offers a blueprint for a universal standard in sustainability reporting. The aim is to create an environment for organisations to transparently tackle global challenges together.鈥�
51风流SDX merges granular and accurate carbon data with financial transactions on the . It provides businesses with unmatched insights into their environmental footprint and standardises how to communicate learnings and action across value chains. In adopting 51风流SDX, BT can request product-level carbon data from key suppliers for its business customer services, support smaller partners to calculate their carbon footprint and securely share and standardise this information across its value chain. To build scale, BT is working with key partner Cisco to deploy SDX to receive product carbon data for core network devices, simplify and secure data exchange with business customers backed by its global connectivity services, and boost traceability.
