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.

麻豆原创鈥檚 product innovations work across the enterprise to deliver on these goals.

Holistic Sustainability Management with 麻豆原创 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.

麻豆原创 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 麻豆原创 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 麻豆原创 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, 麻豆原创 Product Footprint Management implements an API specification developed as part of . 麻豆原创 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 麻豆原创 Product Footprint Management as part of 麻豆原创 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 麻豆原创 solution for multi-tier visibility across the networks. The combination of 麻豆原创 Product Footprint Management, 麻豆原创 Responsible Design and Production, and GreenToken forms a potent decarbonization value proposition for industries such as consumer goods, as 麻豆原创 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 麻豆原创 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, 麻豆原创 customers can easily exchange data with their enterprise applications, feeding it into 麻豆原创 Cloud for Sustainable Enterprises, and then provide the calculated sustainability data back into both 麻豆原创 and third-party applications.

With the newly introduced sustainability integration components for 麻豆原创 S/4HANA, customers can benefit from preconfigured functionality enabling reuse of sustainability data across processes supported by 麻豆原创 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 麻豆原创 Cloud for Sustainable Enterprises and 麻豆原创 S/4HANA in real time.

Examples include:

• In 麻豆原创 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 麻豆原创 Product Footprint Management, keeping sustainability reporting updated.
• In聽麻豆原创 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 麻豆原创 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 麻豆原创 S/4HANA. .
• In plant maintenance, customers can receive automatic updates from 麻豆原创 Environment, Health, and Safety Management, triggering corrective action if GHG emissions are exceeded. .
• In 麻豆原创 Enterprise Product Development with 麻豆原创 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 麻豆原创 S/4HANA Sustainability Management at 麻豆原创.
Anita Varshney is global vice president of Strategy for 麻豆原创 S/4HANA Sustainability at 麻豆原创.

This article first appeared on the 麻豆原创 News Center.

The post Extending the Reach of 麻豆原创 Cloud for Sustainable Enterprises appeared first on 麻豆原创 Africa News Center.

The latest report by the Intergovernmental Panel on Climate Change (IPCC) of the toll human-caused climate change will have on the planet’s future, with very little time left to reduce emissions and limit changes in Earth’s climate.

Humanity鈥檚 greatest challenge

“Climate change is one of the biggest challenges we face today, and it’s no longer enough to only do less harm,” says Sunil Geness, Global Sustainability Lead for Africa at 麻豆原创. “There is an urgent need at a global level for organisations to act as exemplars that purposely do more good and, where possible, enable more sustainable practices through the design of their products and services.”

The IPCC report notes that 2.4 trillion tons of CO2 has been added to the Earth鈥檚 atmosphere since the mid-1800s, pushing average global temperatures up by 1.1C. The so-called carbon budget only has 400 billion tons of CO2 left, and considering global emissions amount to just over 40 billion tons, less than a decade remains for humanity to make serious and far-reaching changes to put it on a more sustainable path.

“Reforestation and biodiversity preservation are major contributors to global efforts at restoring ecosystems and limiting and repairing the damage caused by harmful human activities,” explains Geness. “African countries already bear witness to the devastating impact of a changing climate, and nowhere is this more evident than in Madagascar.”

Madagascar a 鈥榯op conservation priority area鈥�

Madagascar has been identified as one of the world’s top biodiversity conservation priority areas due to its high concentration of endemic species and its rapid habitat loss. The country is in the grip of its worst drought in four decades, which the UN World Food Programme recently said is leading .

The also noted an increase in aridity in Madagascar, which is expected to increase if climate change continues.

Recently, 麻豆原创 partnered with Eden Reforestation Projects to plant mangroves at the Moraharivo reforestation site in 2020. The site, which spans 872 hectares, was left bare after years of forest degradation from charcoal production and wood collection.

“To date, nearly 400 000 trees have been planted on behalf of 麻豆原创 at the site, supported by local communities who now have long-term employment opportunities as part of the reforestation project,鈥� explains Geness. “The project forms part of 麻豆原创’s global efforts at becoming a leader in sustainable business practices, and builds on similar projects elsewhere in the world.鈥�

Globally, 麻豆原创 has funded several reforestation projects, including ones in Nepal, Haiti, and Indonesia. To date, more than 1.3 million trees – mostly mangrove – has been planted by Eden Reforestation Projects on behalf of 麻豆原创.

麻豆原创鈥檚 latest integrated report showed that the company is set to become fully carbon-neutral by 2023, two years ahead of the initial target of 2025. 鈥淭he best-run companies today are also the ones that have embedded purpose into the fabric of all that they do,鈥� says Geness.

鈥淥ur stated purpose of making the world run better and improving lives, as well as our commitment to the UN鈥檚 Sustainable Development Goals guides our conduct as exemplars of more sustainable business practices. However, our true strength lies in our more than 400聽000 customers, who use our technology solutions to become more efficient in their operations, embed greater transparency in their supply chains, and eliminate harmful or unsustainable business practices.鈥�

The post Greater Urgency Needed from Organisations to Limit Damage of Human-Caused Climate Change appeared first on 麻豆原创 Africa News Center.