Recently introduced by the German tech giant, SAP Cloud for Sustainable Enterprises recognises the importance of sustainability to every organisation’s long-term success. The SAP cloud offering delivers a comprehensive portfolio of solutions that allow enterprises to manage their sustainability performance holistically.
Several SAP customers have already accelerated business action toward sustainability to drive a positive impact in the world. For example, global household and consumer products company Colgate-Palmolive has committed to 100{8bf2b29f36318f0ac46ab1cc03d7035abce669a1cea16c9ed62389a818fa22fd} recyclable, reusable, and compostable items by 2025. With the toothpaste giant starting to make its nine billion tubes fully recyclable, Colgate-Palmolive Chief Sustainability Officer Ann Tracy emphasised that SAP is an important partner to help them achieve this goal.
In terms of assessing product footprints and evaluating environmental impact, Tracy said that the company is leveraging SAP Product Footprint Management. The solution is an embedded SAP S/4HANA cloud-native application that assists companies in making better decisions by integrating preconfigured and flexible footprint scores into business processes — regularly and at scale. Additionally, it is intended to provide businesses with valuable insights by combining financial, logistical, and environmental data in analytics, as well as analyse and derive footprints using SAP S/4HANA cloud data and capabilities.
“This is really important because we need to be able to access data up and down our value chain. Our partnership with SAP is actually very critical as we innovate and design new products. And doing that in a way to inspire and help people to develop more sustainable habits at home,” she highlighted.
Embedding End-to-End Sustainability With New SAP Cloud Offering
With the consecutive announcements of solutions that embed end-to-end sustainability across business operations, SAP has reinforced its commitment to helping companies not just run better but transform into sustainable, intelligent enterprises. SAP Sustainability Control Tower — a cloud-based solution that provides environmental, social, and governance (ESG) reporting and performance management — has been launched in December 2021.
Recently, SAP has yet again debuted another product to add to its portfolio of sustainability-specific software solutions. Julia White, Chief Marketing and Solutions Officer and Executive Board Member at SAP, explained in a blog that the new offering dubbed SAP Cloud for Sustainable Enterprises provides the technology solution to help companies deliver on their net-zero sustainability goal, reclaim waste materials, empower a more diverse workforce, or achieve compliance with sustainability regulations.
Moreover, SAP CEO Christian Klein believes the latest solution will help organisations in every industry manage their top, bottom, and green line. Detailing more about the new SAP cloud offering, he further said in a LinkedIn post:
“Like RISE with SAP, our cloud-based digital transformation offering, this new sustainability package meets customers wherever they are on their transformation journey with one customisable cloud offering, providing maximum flexibility for customers to choose which solutions they want to incorporate into their sustainability management portfolio, and when.”
Beyond supporting SAP customers, the multinational software corporation is also strengthening its own sustainability commitments throughout its business operations and value chain. In addition to SAP’s goal to become carbon-neutral by the end of 2023 — two years earlier than previously stated — it has also accelerated its timeline to net-zero from 2050 to 2030 and to reach its climate ambitions, in accordance with the Paris Agreement.
“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,” SAP Chief Sustainability Officer Daniel Schmid remarked.
