World Economic Forum Archives - 鶹ԭ Africa News Center News & Information About 鶹ԭ Thu, 22 Jan 2026 08:01:50 +0000 en-ZA hourly 1 https://wordpress.org/?v=6.9.4 Davos 2026: What “A Spirit of Dialogue” Really Means for Your Wallet /africa/2026/01/davos-2026-what-a-spirit-of-dialogue-really-means-for-your-wallet/ Thu, 22 Jan 2026 08:01:48 +0000 /africa/?p=148566 This week, 3 000 global leaders gather in Davosunder a deceptively simple theme “A Spirit of Dialogue”, but behind the Alpine scenery and networking, something...

The post Davos 2026: What “A Spirit of Dialogue” Really Means for Your Wallet appeared first on 鶹ԭ Africa News Center.

]]>
This week, 3 000 global leaders gather in under a deceptively simple theme “A Spirit of Dialogue”, but behind the Alpine scenery and networking, something more concrete is happening, a collective forecast of where money, policy and opportunity are heading in 2026.

Here’s what matters.

The setup

Global growth is expected to tick along at 2.8–3.5% this year, modest but stable. That stability is political gold. When leaders aren’t in crisis mode, they actually invest in the future instead of just firefighting today.

This year’s agenda clusters around five challenges including cooperation in a contested world, unlocking new growth sources, investing in people, deploying AI responsibly, and building prosperity within planetary boundaries. Translation = the economy is shifting from post-crisis triage to long-term productivity and inclusion.

Three things to watch

  1. Infrastructure & skills investment

Look for announcements on blended finance for green energy, regional supply chains, and large-scale reskilling programmes. If these materialise with real funding and timelines, expect more middle-skill jobs in construction, energy, logistics and digital services over the next 18–24 months.

  1. AI beyond the hype

The wild card is artificial intelligence. If Davos produces credible commitments on AI skills, responsible deployment and public-interest applications (health, education, agriculture), we’ll see productivity gains filter into wages and services rather than just shareholder returns. If it doesn’t, expect growing anxiety and regulatory backlash.

  1. Climate as economics, not just morality

Nature-positive business models could unlock $10 trillion annually by 2030. For ordinary people, this means stable food prices, affordable energy transitions, and jobs in green sectors, not guilt-driven messaging.

Why this matters to you?

At the end of the day, Davos outcomes ripple into:

  1. Your job: new sectors opening up, skills programmes worth enrolling in, wage pressure easing if productivity rises.
  2. Your cost of living: more stable energy and food prices, faster internet, better public services, if infrastructure deals follow through.
  3. Your opportunity: a global economy pulling toward inclusive growth means your city and region have a better shot at plugging into value chains locally.

The honest take

Davos won’t fix the world in a week, but if leaders walk away with credible coalitions, real funding and metrics (not just press releases), the signal is clear = 2026 is about building, not just managing decline.

Sunil Geness is theDirector of Global Government Affairs & CSR Africa, Global Sustainability Lead Africa at 鶹ԭ.

The post Davos 2026: What “A Spirit of Dialogue” Really Means for Your Wallet appeared first on 鶹ԭ Africa News Center.

]]>
Africa’s Social Enterprises Generate $96bn and 12 Million Jobs, WEF-backed Report Reveals /africa/2025/11/africas-social-enterprises-generate-96bn-and-12-million-jobs-wef-backed-report-reveals/ Thu, 20 Nov 2025 06:59:56 +0000 /africa/?p=148505 Africa’s social enterprises are emerging as one of the continent’s most powerful engines for inclusive growth, job creation and community development. This is according to...

The post Africa’s Social Enterprises Generate $96bn and 12 Million Jobs, WEF-backed Report Reveals appeared first on 鶹ԭ Africa News Center.

]]>

Africa’s social enterprises are emerging as one of the continent’s most powerful engines for inclusive growth, job creation and community development.

This is according to a landmark report released by the in partnership with the , the , , the and .

The report, , provides the most comprehensive mapping of the continent’s social enterprise landscape to date.

The study aims to generate robust evidence on the size, scope and characteristics of social enterprises across Africa, examine the contribution of social enterprises to inclusive and sustainable development, strengthen the evidence base on social enterprise, and provide actionable recommendations to build stronger social enterprise ecosystems and support mechanisms to deepen their impact.

It estimates that Africa is home to 2.18 million social enterprises, representing 17% of all businesses with employees. Collectively, these enterprises generate at least $96 billion in annual revenue, equivalent to 3.2% of Africa’s GDP, and support 12 million jobs directly.

Social enterprises, mission-driven businesses using commercial tools to address social or environmental challenges, are increasingly filling gaps left by shrinking development aid, sluggish economic growth and persistent inequalities.

Youth leadership is equally prominent, with one in three social enterprises led by founders under 35.

“These findings show a profound shift in how African women and young people are redefining entrepreneurship,” the report notes. “They are using business not just to earn income, but to solve the continent’s most pressing challenges.”

Social enterprises create jobs that are both meaningful and inclusive. More than 91% employ youth, 82% employ women and 23% employ people with disabilities. Many operate in rural and peri-urban areas where formal employment is scarce.

Sectors with the highest concentration of social enterprises include education (21%), agriculture (15%) and health and well-being (12%)—areas closely linked to the Sustainable Development Goals (SDGs).

Although 64% of social enterprises turned a profit or surplus last year, the report warns that access to finance remains the single biggest barrier to growth.

Across the continent, one in two social enterprises report low solvency, highlighting the urgency for better financial instruments, policy support and ecosystem strengthening.

The release of the report follows a major milestone earlier this year: the African Union’s adoption of the first-ever 10-Year Social and Solidarity Economy Strategy, which aims to position social enterprises as central to Africa’s development architecture.

Countries such as Cameroon, Senegal, Morocco and Tunisia have already enacted national SSE laws, while South Africa and Ghana have draft policies underway.

The report recommends five priorities to unlock the sector’s full potential: create enabling ecosystems, expand access to capital, invest in skills, forge cross-sector partnerships and improve data collection.

At a time when global aid is shrinking and development challenges are deepening, the authors argue that social enterprises offer Africa a pathway that is both locally led and economically sustainable.

“Across the continent, social entrepreneurs are creating new pathways for shared prosperity, rooted in local knowledge, community solidarity and a deep sense of shared responsibility. Their work shows that development can be both self-determined and globally relevant.”

This article first appeared in .

The post Africa’s Social Enterprises Generate $96bn and 12 Million Jobs, WEF-backed Report Reveals appeared first on 鶹ԭ Africa News Center.

]]>
AI, Adaptability Top Priorities for SMEs /africa/2024/10/ai-adaptability-top-priorities-for-smes/ Fri, 11 Oct 2024 08:18:21 +0000 /africa/?p=147848 The ability to adapt to rapidly changing external circumstances and leverage powerful new technologies are key to the growth and success of African small and...

The post AI, Adaptability Top Priorities for SMEs appeared first on 鶹ԭ Africa News Center.

]]>
The ability to adapt to rapidly changing external circumstances and leverage powerful new technologies are key to the growth and success of African small and medium enterprises (SMEs), according to a new report by 鶹ԭ.

, head of mid-market at 鶹ԭ MEA South, says SMEs are vital to the continent’s economy, but many face significant hurdles stifling their growth. “Africa is home to a vibrant and diverse SME sector that contributes half its GDP and the majority of employment. However, skills constraints and a lack of technology is constraining growth in this vital sector.”

data indicates that SMEs account for 95% of all registered businesses in sub-Saharan Africa and contribute about half of the continent’s GDP. In South Africa, 91% of formal businesses are SMEs, providing 60% of all employment in the country.

According to the report, which was developed by 鶹ԭ and , more than a third of global SME leaders are prioritising growth through new customers, increased market share and greater revenue over the next two years. Factors such as improved innovation capacity and greater agility also ranked highly.

“Innovation is essential to business growth in the modern age, especially in light of the accelerating pace of change and ongoing disruption in global markets,” says Beveridge. “Small and medium enterprises are leveraging innovation to fulfil and deliver services more efficiently, boost their profitability, and grow their market footprint.

“There is also growing recognition of the role innovation can play in launching new services or business models, creating more personalised customer experiences, and preparing for the next wave of technologies, for example AI.”

About a quarter of companies that formed part of the study said they are currently using AI and machine learning, with half saying they’re planning to adopt these technologies in the coming year.

Beveridge says having the right foundation is key to enjoying the immense productivity, efficiency and innovation gains offered by technologies such as AI. “SMEs that have adopted the cloud reported improved agility, optimised processes, reduced costs, and improvements to customer and employee experiences.”

Cloud adoption also enhances sustainability efforts, with a separate report finding that SMEs that have adopted sustainability software solution reported reduced emissions, greater benchmarking capability, and improved data collection for ESG reporting.

Beveridge says growth-focused SMEs should build innovation strategies and business models that leverage technology and complement existing and future human capital needs.

“SMEs can compete more effectively by investing in four focus areas, namely: defining clear goals and values for the business and mobilising employees in support of the goals; adopting relevant technologies to keep up with trends and competitors; engaging in continuous strategic workforce planning to ensure the business can grow with changes in the market; and fostering a culture of innovation that prizes adaptability and agility and encourages people to think of new ways to do business and deliver value to customers.”

He adds that effective innovation within SMEs requires the entire organisation to mobilise behind new ways of thinking. “SMEs should encourage every employee regardless of their role to actively participate and share ideas for building a culture of innovation that permeates every layer of the organisation. SMEs should also leverage customer insights to ensure their innovation delivers to customer needs.”

The post AI, Adaptability Top Priorities for SMEs appeared first on 鶹ԭ Africa News Center.

]]>
From Mentorship to Female Empowerment: Learnings from 鶹ԭ‘s Partnership with the Global Give Back Circle /africa/2023/10/from-mentorship-to-female-empowerment-learnings-from-saps-partnership-with-the-global-give-back-circle/ Wed, 11 Oct 2023 06:38:30 +0000 /africa/?p=146968 From Mentorship to Female Empowerment: Learnings from 鶹ԭ‘s Partnership with the Global Give Back Circle In light of the United Nations 11th anniversary of the...

The post From Mentorship to Female Empowerment: Learnings from 鶹ԭ‘s Partnership with the Global Give Back Circle appeared first on 鶹ԭ Africa News Center.

]]>
From Mentorship to Female Empowerment: Learnings from 鶹ԭ‘s Partnership with the Global Give Back Circle

In light of the United Nations 11th anniversary of the International Day of the Girl Child on 11 October, it is vital to shine a spotlight on the progress and persistent challenges that young women face. This year, we are focusing on Kenya, which like many nations, has witnessed increased awareness of the issues that matter most to girlsleading to improved opportunities for them to have their voices heard on the world stage. However, amidst concurrent global crises such as COVID-19 economic recovery, climate change, and humanitarian conflicts, investments in girls’ rights remain limited. While Kenya has made significant strides in promoting gender equality and women’s economic empowerment, girls continue to grapple with various obstacles hindering them from realizing their full potential.

The World Economic Forum’s (WEF) , a longstanding index that monitors countries’ progress in narrowing gender gaps since its inception in 2006, positions Kenya at 77th place among 146 countries, indicating that there is room for improvement. Further to this, the representation of women in decision-making processes in Kenya remains inadequate, and gender-based violence lingers as a pressing issue. Women and girls continue to spend extensive hours on household responsibilities such as fetching firewood and water, which not only hinders their school attendance rates and employment prospects but also impacts their overall well-being.

So, how can Kenya empower its girls and young women to overcome these challenges and achieve their full potential? One promising solution is mentorship which can provide guidance, support, and access to opportunities that young women might not otherwise have.

Forging a path to empowerment

In Kenya, the youth (aged 15-24) hovered at around 13.35 percent in 2022, with little improvement from the previous year. To improve these statistics, mentors can serve as role models, demonstrating what is possible when women break down barriers and enter the labor force. Through mentorship, young women can gain valuable insights into various career paths, access networks, and receive advice on navigating the challenges they may face.

“At 鶹ԭ, we believe that educating girls and women is one of the most effective ways to promote economic growth,” says Alexandra van der Ploeg, Head of Global CSR at 鶹ԭ. “With this in mind, 鶹ԭ’s Business Women’s Network joined hands with the Global Give Back Circle in 2019 with the aim to support vulnerable girls and young women based in Kenya. This initiative not only acknowledges the resourcefulness, creativity, resilience, and unwavering tenacity that girls embody in the face of adversity but also actively harnesses these qualities. Through the impact of mentorship, education, and sponsorship, the program drives empowerment and achievement for these girls and young women,” concludes Alex.

This is why 鶹ԭ colleagues volunteer as mentors, dedicating their time and contributing $1000 annually, a commitment that is matched and directed by the company towards beneficiaries’ tuition, school materials, and exposure to industry intellectual property. Perhaps most importantly, this $2000 covers a university scholarship for one year. At-risk girls require extra assistance to shift from a state of marginalization to one of empowerment. This support encompasses access to information, expanding their perspectives on possibilities, gaining 21st-century skills, life skills, and a caliber of mentoring that steers transformative leadership.

Operating in close partnership with local high schools and communities, the initiative pairs high school and college girls with inspirational mentors from across the globe. In doing so, it provides them with a toolbox of skills, bolstering their self-confidence, and fostering crucial networks essential for success, both in the workforce and as budding entrepreneurs. This closes the gap between education and employment, equipping girls and young women with the knowledge they need to succeed in the workforce.

Collaborative achievements have formed a springboard for success

The achievements of 鶹ԭ’s Global Give Back Circle Mentor Chapter in 2023 are a testament to the commitment of 鶹ԭ colleagues and the program’s vision. Monthly meetings, mentor-mentee pairings, financial support and mentorship from 12 鶹ԭ colleagues have made a tangible difference in the lives of 12 young women. When asked about what they enjoyed about the program, a first-year student at the University of Nairobi shared the following feedback: “Seeing how our mentors care about us and how they gave us much-needed advice in life situations really impacted me”. Another mentee who is currently a first-year student from the Coast Institute of Technology added that they liked the fact that they were encouraged to share their unique viewpoints, both on and offline: “The program taught me that I should not be afraid to air out my points of view in a public place. I feel enlightened on how to build my communication skills.”

The Global Give Back Circle also emphasizes the importance of bridging cultural differences, career development, and preparing mentees for the job market. As these girls’ and young women transition into the labor market, they contribute to the country’s Gross Domestic Product (GDP) by bolstering its workforce and fostering economic development. In addition, Kenya’s GDP also stands to benefit further from the inclusion of a skilled and empowered female workforce. This mentorship initiative aligns with Kenya’s broader efforts to achieve gender equality, thereby contributing to a more equitable society and sustainable economic progress.

This exemplifies the profound impact mentorship can have on both individual lives and the overall prosperity of a nation. With the right skills and opportunities, these girls and young women can be the changemakers who drive progress in their communities.

The future looks promising

In line with our purpose, 鶹ԭ’s objective is to create positive economic, environmental, and social impact within planetary boundaries with a special focus on climate action, the circular economy, social responsibility, and holistic steering and reporting.As we celebrate the International Day of the Girl Child, 鶹ԭ’s Global Give Back Circle Mentor Chapter stands as an encouraging example of the power of mentorship and investment in girls’ education. We hope that the success of this partnership will serve as a source of inspiration for nations to invest in their young women.

By empowering girls and young women with essential skills, education, and mentorship, we unlock the boundless potential of Kenya’s female population. This collaboration between the private sector and local communities not only changes individual lives but also contributes to the growth of the Kenyan economy, paving the way for a brighter future for all. It is an illustration of the belief that girls are not just beneficiaries of change but powerful agents of progress who, with the right support, can shape a more inclusive and prosperous world for everyone.

The post From Mentorship to Female Empowerment: Learnings from 鶹ԭ‘s Partnership with the Global Give Back Circle appeared first on 鶹ԭ Africa News Center.

]]>
Mind the Gaps: How Experience Data can Help Fight Climate Change /africa/2022/02/mind-the-gaps-how-experience-data-can-help-fight-climate-change/ Tue, 15 Feb 2022 07:10:59 +0000 /africa/?p=143221 A study of more than 11,000 people in 28 countries by the World Economic Forum, Qualtrics and 鶹ԭsuggests we are far from reaching a consensus...

The post Mind the Gaps: How Experience Data can Help Fight Climate Change appeared first on 鶹ԭ Africa News Center.

]]>
  • suggests we are far from reaching a consensus about who is responsible for taking action on climate change and who is trusted to do so

  • Results suggest 81% of people say businesses are primarily responsible for taking action on climate change, for example, yet only 28% trust businesses’ claims about sustainable practices.

  • Analysing experience data is crucial to know what solutions will drive impact on climate change.

If the pandemic has taught us anything, it’s that collaboration and trust are critical to addressing global crises. In a world where the number and severity of extreme weather events are on the rise, biodiversity is declining and sea levels are rising, global cooperation on combating climate change has never been more critical.

suggests that global citizens are on the same page about the cause of climate change. In the study, 78% agree that climate change is human-caused and 87% believe it is extremely important for countries to work together to address the problem.

The research also indicates that we’re far from reaching a consensus about who is responsible for taking action and who is trusted to do so. In other words, the difficulty of agreeing on how to work together and what to focus on has proven to be a stumbling block in the way of progress.

Global perspectives on climate change
Image: qualtrics/鶹ԭ

A significant number of people feel there’s nothing they can do individually to solve the climate crisis and instead are looking to businesses and governments to lead the way. Yet, while 81% say businesses are primarily responsible for taking action, only 28% trust businesses’ claims about sustainable practices.

Understanding people’s experiences is crucial to knowing what solutions will drive impact. Experience data – data that reveals how people are thinking, feeling and behaving – can help governments and businesses understand what motivates people to support climate efforts and make sustainable changes of their own in order to restore and sustain the healthy planet we all want to live on.

Opinion and experience gaps

People often don’t understand the marketing vocabulary businesses use to showcase sustainability. Myriad terms such as renewable, net-zero emissions, recycled and carbon offset can leave consumers confused about what a company is actually doing for the environment. At the same time, greenwashing (or conveying false or misleading information about the environmental impact of a company’s products and services) is a growing problem and one of the main reasons there is so little trust in businesses’ claims.

In the face of these challenges, there are a few things businesses can do to help close these gaps in experience and understanding. Firstly, a commitment to complete transparency about environmental messaging is critical to building public trust. Then, businesses need to regularly ask customers if they understand their climate change promises and furthermore, if they believe them. This kind of experience data is necessary for companies that want to make data-driven decisions about which initiatives consumers will support and, therefore, which will have the most impact.

Responsibility and progress of business on climate change

The same can be said of governments. More than half of the people in the study (59%) believe governments are doing too little to address climate change. Lawmakers would benefit from experience data to understand which levers to pull in designing the most effective and trusted policies.

Governments and businesses alike should repeatedly take their constituents’ pulse to gauge what they should be focusing on and then to measure their perceived progress. This not only helps keep organizations accountable to their goals but also serves to educate constituents about their part in supporting government sustainability initiatives. Citizens will be more motivated to participate when they feel like they are part of the solution.

Where belief meets action

Taking a look at the big picture, we are overwhelmingly aligned globally when it comes to the importance of addressing climate change. Most people trust what scientists are saying about the consequences of inaction, but 51%, say change is happening too slowly.

With the abundance of data that scientists are sharing about global temperatures and the effects on weather systems, sea levels and habitats, it may seem unnecessary to throw experience data into the mix. But all actions start with a belief and a correct understanding of a problem is vital to come up with correct solutions.

While no one consumer may be able to combat climate change on their own, their collective mindset can have a profound influence on the governments and businesses that serve them. It’s worth studying people’s perceptions of and experiences with climate change to the greatest degree possible.

We’ve already made incredible progress toward a concerted global effort against climate change. Public trust in climate science is higher than ever. As we continue to measure, analyse and respond to people’s experiences, we will be increasingly able to dispel myths and build consensus around solutions that really drive impact.

This article first appeared on the .

The post Mind the Gaps: How Experience Data can Help Fight Climate Change appeared first on 鶹ԭ Africa News Center.

]]>
鶹ԭ Aims for a Plastic-Free Ocean /africa/2020/01/sap-aims-for-a-plastic-free-ocean/ Fri, 24 Jan 2020 08:44:10 +0000 /africa/?p=140213 This week at the World Economic Forum, 鶹ԭ announced its vision for a plastic-free ocean by 2030. Co-CEO Christian Klein made the company’s global ambition...

The post 鶹ԭ Aims for a Plastic-Free Ocean appeared first on 鶹ԭ Africa News Center.

]]>
This week at the , 鶹ԭ announced its vision for a plastic-free ocean by 2030. Co-CEO Christian Klein made the company’s global ambition clear at the annual meeting in Davos, Switzerland.

“鶹ԭ is committed to a dramatically cleaner ocean by 2030,” Klein said. “We can achieve this commitment by working together with customers, NGOs, governments, and partners, and by providing them with the tools, insights, and solutions to eliminate waste and maximize resource productivity. Many of our customers have made commitments to a cleaner planet, and so have we. We will support them in achieving their ambitious goals, and together we will achieve a plastic-free ocean over the next 10 years.”

The health of the world’s oceans is at the top of the agenda in Davos, and Klein was part of a panel session with other business leaders and nongovernmental organization (NGO) representatives at the event.

Click the button below to load the content from YouTube.

Highlights of Vision for a Plastic-Free Ocean Session

The crisis is very real: 8 million metric tons of waste enters the ocean every year and the amount is increasing an accelerating pace. Recently published research indicates the levels of plastics in the ocean may be a than previously thought. Plastic material slowly degrades into micro-plastics that harm the ecosystem and enter the ocean food chain. On average, people around the world are swallowing a total of five grams — about as much as a credit card — of harmful plastic material every week. That’s the equivalent of a half a pound yearly, ingested from many sources, including tap water and everyday foods such as sugar, salt, pasta, shellfish, rice, milk, and bread.

We know that the well-being of the economy, the environment, and the people on our planet are inextricably linked. It is understood that there can be no economic growth or development if business does not play a key role in operating profitably within planetary boundaries. A fundamental shift is needed in how we produce, use, dispose, and re-use materials in our economies. The current system is largely linear, meaning resources are used in production, made into products, and then are disposed of in the form of waste.

To sustain this “take, make, waste” lifestyle, 1.8 planets worth of resources are needed; the current model is clearly unsustainable. An emerging circular economy aims to change that. Despite all the efforts in responsible packaging design, recycling programs, and re-use business models, we are only about nine percent circular, according to the Circularity Gap report.

鶹ԭ: Uniquely Positioned for Impact

With consumers shifting their preferences to sustainable products, investors and employees clamoring for action, and regulators pushing new legislation, there is enormous momentum for businesses to drive responsible growth. And with 77 percent of the world’s transactions touching 鶹ԭ systems and more than 430,000 companies using 鶹ԭ software, the company is uniquely positioned to make a huge difference by helping customers redesign global value networks toward more circular business models and processes.

鶹ԭ has been leading programs and partnerships to drive sustainable change around the world. 鶹ԭ created the and partnered with Google on the challenge to foster revenue generating ideas that support circular use cases. The company also recently joined the Ellen MacArthur Foundation’s Circular Economy 100 (CE100) Network, a collaborative network of business, innovators, cities and governments, universities, and thought leaders all working together to accelerate adoption of circular economy practices and processes that maximize the use of resources.

鶹ԭ is part of a growing movement of policymakers, NGOs, social groups, and leading companies coming together to work on solutions such as avoiding single-use plastics, better managing and recycling plastic waste streams, and creating a circular plastics economy.

Many of the world’s leading brands are both part of the challenge and leading the way forward. For example, companies in the consumer packaged goods industry have started rethinking packaging and opting for more recyclable and sustainable alternatives.

Aside from the benefits gained from preserving the natural environment, there is a massive economic upside for business to move fast. It is the plastics industry could consume 20 percent of total global oil production. Since most plastic is used only once, 95 percent of its economic value — currently up to $120 billion annually — is lost.

, for example, has committed to a world without waste by making all packaging 100 percent recyclable by 2025. to eliminate non-recyclable plastic within five years. role model in responsible production by managing every stage of a product’s life cycle — from sourcing raw materials to manufacturing and distributing products — in order to reduce environmental impact.

鶹ԭ is already working with these customers and many others to help them manage the complex task of recycling many different types of plastics.

Impact Across the Value Chain

The 鶹ԭ vision for a plastic-free ocean calls on these customers and other global heavyweights to accelerate progress on their commitments. It also calls on companies of all sizes and industries to seek ways 鶹ԭ technology can help them in key areas, including responsible production, waste insights, secondary marketplaces, and consumer experiences.

鶹ԭ has a number of solutions and platforms, including the portfolio, that enable manufacturers to design, produce, and distribute products using more sustainable materials and responsible, transparent processes. The Plastics Cloud, for example, is a platform that enables the UK Plastics Pact to tackle the scourge of plastic waste through a unique collaboration between business, government, and citizens across the entire plastics value chain in the UK.

A US$400 billion market, the waste management industry is poised to be disrupted and rapidly expand through the effective use of data. Michael Groves is founder and CEO of , the Scottish smart-waste company that won the Circular Economy 2030 challenge this year. He explains that the waste value chain is very complex and opaque, with many private and public sector players and a significant informal sector around the world. Realizing that money follows data, Groves developed a solution that uses analytics and machine learning to follow trash as it travels. Clear data and insights will be fundamental to spurring investments in new infrastructure and innovation in the sector.

With useful data available about what waste is where and in what quality and quantity, companies can then procure this waste much more effectively and bring the materials back into their production processes. The expansion of these secondary materials marketplaces is another area where procurement platforms like can help companies become more circular and sustainable.

鶹ԭ’s intelligent enterprise strategy focuses on connecting enterprise operational data (O-data) with the experience data (X-data) from their consumers. The company’s recent acquisition of experience management firm Qualtrics offers an entirely new level of support for companies to understand their consumer feelings, emotions, and desires about products, brands, and the impact they are making. Innovations across 鶹ԭ offer customers ways to inform, educate, and engage with consumers about products and processes, including apps that help consumers better understand how to recycle products and blockchain traceability and information platforms.

“Many of our global customers are looking for solutions across their value chains and across their global markets to drive real positive change for their consumers, their business, and for the planet,” Klein said. “Through our technology and innovation, 鶹ԭ can help companies unlock US$4.5 trillion in economic growth by creating sustainable business models and processes.”


Follow me on Twitter:

This article first appeared on the 鶹ԭ News Center.

The post 鶹ԭ Aims for a Plastic-Free Ocean appeared first on 鶹ԭ Africa News Center.

]]>
鶹ԭ Joins Collective Action to Create a Cleaner Ocean by 2030 /africa/2020/01/sap-joins-collective-action-to-create-a-cleaner-ocean-by-2030/ Thu, 23 Jan 2020 11:04:46 +0000 /africa/?p=140205 DAVOS, Switzerland — 鶹ԭ SE (NYSE: 鶹ԭ) today announced that it has joined the World Economic Forum’s Global Plastic Action Partnership community, which is determined...

The post 鶹ԭ Joins Collective Action to Create a Cleaner Ocean by 2030 appeared first on 鶹ԭ Africa News Center.

]]>
DAVOS, Switzerland — (NYSE: 鶹ԭ) today announced that it has joined the World Economic Forum’s community, which is determined to create a cleaner ocean by 2030.

Reducing the amount of plastics entering the ocean requires cross-industry collaboration armed with data and intelligent technologies. To support this, 鶹ԭ is planning to launch the next phase of its Plastics Cloud to allow businesses to shift rapidly to alternatives to single-use plastics, scale design for circularity, invest in materials collection infrastructure and ensure a better consumer experience.

“鶹ԭ is committed to a significantly cleaner ocean by 2030,” said Christian Klein, Co-CEO and Member of the Executive Board, 鶹ԭ SE. “We want to achieve this objective together with customers, NGOs, governments and partners and will provide them with the tools, insights and solutions to eliminate waste and maximize resource productivity. Many of our customers have also made commitments to a cleaner planet. We will support them in achieving their ambitious goals, and together we can accelerate the move to a restorative and regenerative economy.”

Underscoring this, 鶹ԭ has updated the Plastics Cloud to help companies produce products more responsibly by providing global insights to enable better understanding about what materials are used and their fates. This support will be based on local recycling infrastructures and policies in each city, region and country. It will allow them to calculate more accurately the environmental and business impact of using more recycled or reusable materials and packaging. 鶹ԭ software systems also help companies adapt to changing regulations, such as extended producer responsibility policies, and stay current with local markets, global standards and best practices.

The new Plastics Cloud offering links to a secondary materials marketplace based on Ariba Network, which connects packaging and consumer products companies to new sources of recycled plastics and plastic alternatives. This will complement initiatives such as the announced last year by waste-insights company .

Consumers, regulators, investors and employees are fueling the momentum for business to drive responsible growth. Experience management firm Qualtrics, an 鶹ԭ company, conducted a large-scale global to understand better the experience citizens around the world are having with various issues on the Forum’s sustainability agenda, including the use of plastics. When asked what method they favor for reducing the harmful effects of plastics, nearly 50 percent of the 10,501 research participants said they prefer replacing plastics with other materials. On the other hand, while vast majorities called recycling very important, only 30 percent of participants said recycling was the best solution to the plastics crisis. Read about the study in “.”

Collaboration for a Cleaner Ocean

鶹ԭ is part of a growing movement of policymakers, NGOs, social groups and leading companies working together on solutions to create a restorative and regenerative economy. Global leaders from 鶹ԭ, The Coca-Cola Company, The Ellen MacArthur Foundation and World Wildlife Fund discussed their vision for a plastics-free ocean earlier today at the World Economic Forum Annual Meeting in Davos, Switzerland.

“I am delighted to welcome 鶹ԭ to the Global Plastic Action Partnership community,” said Kristin Hughes, director of Global Plastic Action Partnership (GPAP) and member of the World Economic Forum’s executive committee. “As a pioneer in the technology and innovation space, it is fantastic to see 鶹ԭ channel its expertise and resources into solutions that will strengthen the global response to plastics pollution and drive progress towards a fairer and more sustainable world. We look forward to a long and fruitful partnership.”

鶹ԭ recently joined The Ellen MacArthur Foundation’s Circular Economy 100 (CE100) Network, a collaboration of business, governments, universities and thought leaders working together to accelerate adoption of circular economy practices and processes that maximize the use of resources.

Visit the . Follow 鶹ԭ on Twitter at .

About 鶹ԭ

As the Experience Company powered by the Intelligent Enterprise, 鶹ԭ is the market leader in enterprise application software, helping companies of all sizes and in all industries run at their best: 77% of the world’s transaction revenue touches an 鶹ԭ system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into intelligent enterprises. 鶹ԭ 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 more than 437,000 business and public customers to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, 鶹ԭ helps the world run better and improve people’s lives. For more information, visit .

Note to editors:
To preview and download broadcast-standard stock footage and press photos digitally, please visit . On this platform, you can find high resolution material for your media channels. To view video stories on diverse topics, visit . From this site, you can embed videos into your own Web pages, share video via email links, and subscribe to RSS feeds from 鶹ԭ TV.

For customers interested in learning more about 鶹ԭ products:
Global Customer Center: +49 180 534-34-24
United States only: +1 (800) 872-1鶹ԭ (1-800-872-1727)

For more information, press only:
Bettina Wunderle, +49 7544 970 538, bettina.wunderle@sap.com, CET
鶹ԭ 鶹ԭ Room; press@sap.com

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to 鶹ԭ are intended to identify such forward-looking statements. 鶹ԭ undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect 鶹ԭ’s future financial results are discussed more fully in 鶹ԭ’s filings with the U.S. Securities and Exchange Commission (“SEC”), including 鶹ԭ’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
© 2020 鶹ԭ SE. All rights reserved.
鶹ԭ and other 鶹ԭ products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 鶹ԭ SE in Germany and other countries. Please see for additional trademark information and notices.
Please consider our . If you received this press release in your e-mail and you wish to unsubscribe to our mailing list please contact press@sap.com and write Unsubscribe in the subject line.

This article first appeared on the 鶹ԭ News Center.

The post 鶹ԭ Joins Collective Action to Create a Cleaner Ocean by 2030 appeared first on 鶹ԭ Africa News Center.

]]>
How to Use Digital Transformation to Create a More Sustainable World /africa/2020/01/how-to-use-digital-transformation-to-create-a-more-sustainable-world/ Fri, 10 Jan 2020 09:38:17 +0000 /africa/?p=140157 Business leaders solve multiple challenges every day. But are we prepared to solve the following? There are 7.7 billion people on the planet today. Already...

The post How to Use Digital Transformation to Create a More Sustainable World appeared first on 鶹ԭ Africa News Center.

]]>

Business leaders solve multiple challenges every day. But are we prepared to solve the following? There are 7.7 billion people on the planet today. Already tomorrow, it will be 190,000 more.


  • Companies today are judged on the positive contribution they make to society.
  • Concern is growing about how technology is affecting jobs, inequality, health, and security.
  • Digital transformation changes how companies manage their relationships with the larger world.

Indonesia announced plans to move its capital away from Jakarta as the city is sinking 25 centimeters per year due to rising sea levels and land subsidence, with underground water supplies being drained. The average income of the richest 10 percent of the population is about nine times that of the poorest 10 percent across the Organization for Economic Co-Operation and Development (OECD) countries.

Not our business? Well, it is now. Solving today’s biggest challenges requires all of us to act, no matter if in the economic, technological, societal, or educational field – because all our actions are interdependent.

Critical minds might ask why companies should bother, with their primary reason being to make money. These critics should not underestimate the power of the consumer.

Consumers today have access to more information than ever. They know exactly what they want, and they know how to get it. The best product at the best price is always available at their fingertips.

But their criteria have changed — an increasing number of customers aren’t just making decisions based on products or price anymore. They are closely looking into what a brand says, what it does, and what it stands for.

It’s the same with employees; they aren’t just joining companies for the money. They choose companies that embrace their responsibility toward humankind and the planet. Put simply, companies today don’t just prosper based on their financial performance, but on how they make a positive contribution to society.

No matter where you look, concern is growing about how technology is affecting issues such as jobs, wages, inequality, health, resource efficiency, and security. These changes are altering the world so drastically that all companies need to undergo a transformation to avoid going extinct.

This transformation means integrating digital technology into all areas of a business to fundamentally change how companies operate and deliver value to customers. While this might be a scary vision for some, it is one of the strongest drivers of change. Companies need to adapt their business models to remain in business.

Technology and digitalization will help them achieve this with intelligent and highly agile digital supply chains that predict and respond to changes in the ecosystem to quickly capitalize on new opportunities and break down old barriers.

To do so, it takes modern technology, flexible data management, and highly agile processes. Only then will companies be able to establish new business models that connect an ecosystem of partners together in an end-to-end value chain that makes life easier for customers.

But transformation is also about a change of culture, which requires a radical rethinking of people, processes, and technologies. Becoming a digital organization means not only having digital products and services, but also powering core business processes and operations with technology. This often includes tectonic changes to tasks in a company and to the ways colleagues interact within the whole ecosystem.

And just like a business cannot digitally transform unless – or until – its people transform, I believe that, while they come with their own environmental costs, technology and digitalization can play a crucial role in developing solutions for a better tomorrow.

Just think about blockchain, with its incredible potential to add trust through traceability across food supply chains, helping manufacturers, consumers, and regulators alike. Artificial intelligence (AI) can empower people with disabilities, for example, by translating eye movements into program commands, or reduce bias in the hiring process. Smart cities work in conjunction with everything from sensors to open data collection and smart streetlights to provide better services and protect resources.

This sounds easy, but it needs a lot of transformation. Transformation inside companies by integrating digital technology into all areas of their business. Transformation of a company’s internal culture, with leaders setting the tone of a company, embracing change and embodying and instilling trust for and with their employees. Transformation of society’s perception of technology.

There is no doubt that technology and digital transformation break down silos and create transparent and unified data for objective decision-making. But even more so, they change how companies manage their relationships with the wider world.

The . If we want to create a cohesive and sustainable world, we must be able to look beyond corporate boundaries and toward the societies and communities in which we operate. We need to establish an ecosystem of trust in which we can unite and build bridges, a network of links that allows us to exchange ideas to create a safety net for the most marginalized, those who live in areas of conflict, those whose lives are being disrupted by the climate emergency.

In the end, any transformation will succeed or fail with people. No amount of technology will save an organization without a competent workforce. Therefore, we must bring people in on this massive transformation toward a better future. As global citizens, we not only have rights, we also have responsibilities and obligations.

Let’s seize the time in Davos to discuss and to collaborate, to foster change and to come up with an action plan on how our society is ready to advance. It is up to all of us to use technological advancements to tackle the world’s greatest challenges and turn them into our biggest opportunities. The world depends on us to do so.


Christian Klein is co-CEO of 鶹ԭ SE.
.

The post How to Use Digital Transformation to Create a More Sustainable World appeared first on 鶹ԭ Africa News Center.

]]>