WALLDORF, Germany, Sept. 16, 2021 /PRNewswire/ -- SAP SE (NYSE:
SAP) today announced the availability of SAP® Product Footprint
Management, a solution that lets companies calculate carbon
footprints for their products and across the value chain. It
considers the entire product lifecycle, helping companies disclose
their products' environmental footprints to regulators and enabling
them to make their products more sustainable.
SAP Product Footprint Management is part of a new portfolio of
sustainability-specific business applications that deliver
transparency and measurement capability across the supply chain,
allowing companies to move toward lower carbon emissions and more
sustainable operations.
"Customers want it, the world needs it. There is no time to
waste for businesses to act more responsibly and sustainably.
Sustainability goals are increasingly as important to business
success as financial goals," said Thomas
Saueressig, member of the Executive Board of SAP SE and
responsible for SAP Product Engineering. "When companies embed
emissions data into underlying business processes, leaders can
drive real change by making conscious decisions across the entire
value chain. That is what scales the transition to low emission
pathways, and SAP is uniquely positioned to drive this change
throughout collaborative, intelligent and sustainable business
networks."
By integrating data across all solutions that govern production
processes with master data from business applications such as SAP
S/4HANA®, SAP Product Footprint Management can calculate the
environmental impact of various production scenarios. For
example, a cookie company can choose its source for chocolate
based both on the cost of the raw material as well as on its carbon
footprint.
SAP's data-driven approach lets businesses embed sustainability
comprehensively and gain actionable insights across the entire
value chain to enable companies to transition to low-carbon
business processes. Taking a differentiating approach, SAP enables
businesses to proactively identify the carbon impact at the
beginning of the product lifecycle instead of reactively after a
product has been produced. Moreover, SAP Product Footprint
Management not only equips companies with the insight to reduce
carbon emissions across their value chains but can enable data
exchange with customers, suppliers and business partners — driving
transparency across a company's scope 1, scope 2 and scope 3
emissions.
SAP Product Footprint Management, a cloud-native solution built
on SAP Business Technology Platform, is designed to measure and
report greenhouse gas emissions. Proposed governmental regulations
designed to combat the harmful effects of climate change could cost
businesses up to $120 billion. A
recent IDC survey showed linking financial and environmental
indications in financial reporting, as well as reducing carbon
emissions, are top topics for IT decision-makers.*
SAP's Commitment to Sustainability
SAP has been leading by example in sustainable business
practices for more than a decade. In addition to being named the
software industry leader in the Dow Jones Sustainability
Indices (DJSI) for 14 consecutive years, SAP's membership in
the Value Balancing Alliance and the SAP Integrated
Report illustrates our commitment to integrating economic,
environmental and social performance to drive business decisions.
"SAP has long had a strong, dedicated focus on its own
sustainability operations. The launch of the SAP Product Footprint
Management solution, combined with the WBCSD's Pathfinder Project,
represents a unique opportunity to bring together companies to
jointly drive decarbonization across value chains and industries,"
said Marta Muñoz, senior research director and Lead Technology
& Sustainability Practice, IDC EME.
To learn more visit the SAP News Center and follow SAP on
Twitter at @SAPNews.
About SAP
SAP's 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: 77% of the world's transaction
revenue touches an SAP system. Our machine learning, Internet of
Things (IoT), and advanced analytics technologies help turn
customers' businesses into intelligent enterprises. SAP 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 — 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, SAP helps the
world run better and improve people's lives. For more information,
visit www.sap.com.
*IDC, The Increasing Importance of ESG Principles for
Enterprises, Doc # EUR147475621,
February 2021.
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