Changing Our Reality for the Better by Moving Towards a Sustainable World
Thomas Saueressig
Member of the Executive Board of SAP SE for Customer Services & Delivery
Gone are the days when companies discussed the why of sustainable business practices. Today, it is all about the how: 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 became the top trending topic for the C-Suite (AlphaSense, 2021 ).?
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: SAP Product Footprint Management , SAP Responsible Design and Production , SAP Sustainability Control Tower – all are embedded SAP S/4HANA cloud-native applications that are delivered in a modular way and built on top of SAP 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 SAP Integrated Business Planning, so that customers can monitor the greenhouse gas emissions from their production plants. Another example is the integration of SAP Sustainability Control Tower with SAP SuccessFactors 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 do and enable organizations of any size and in any industry to take a transformative approach to sustainability as well.
Quick fixes that don’t get to the root cause of problems won’t make businesses more sustainable in the long run. Fragmented sustainability strategies won’t help. Sustainable business strategies will. That is why we support companies in integrating sustainability into the heart of their business processes.
And our approach pays off. Today, the most sustainable companies run our software: According to our analysis of S&P Trucost Limited data and S&P Global ESG Scores for 2021 , SAP customers with high digital maturity (those adopting SAP’s latest technologies) on average have 75% better ESG scores compared to their industry peers. They also produce 24% less CO2 emissions than the market average.
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To further facilitate the sustainability transformation for our customers, we recently launched a new offering. SAP 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’s 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’s interconnected world, we must rely on our ecosystem to ensure sustainability across the entire value chain. Let’s make 2022 the year we transition towards a more sustainable world, together.
This article first appeared on sap.com .
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Retired EY Partner | Former Global FAAS & DEI Leader | Transformative Leader Creating Sustainable Value | HBS Angel | Entrepreneur | Next-Gen Talent | Father To Two Boys | Husband | Frequent Traveler
2 年Agreed,?Thomas - this is vital for our teams too.
Passionate about connecting people and processes
2 年Svetha Krishnamurthy Raoul Scholl
Co-creator Apache Wayang | BigData, AI & Data Architectures | Author
2 年But this also means creating new data silos, which is a contradiction to data sovereignty. Working with data and analytics means new approaches, like federated AI and BigData. Just my2cent :)
Head of Growth @ The Most Trusted CX Partner
2 年Thank you for your leadership here Thomas! This is a critical part of why I choose to proudly work for SAP.
-m-