{"id":142290,"date":"2021-04-28T07:11:17","date_gmt":"2021-04-28T07:11:17","guid":{"rendered":"https:\/\/news.sap.com\/africa\/?p=142290"},"modified":"2023-09-28T13:19:24","modified_gmt":"2023-09-28T13:19:24","slug":"building-environmentally-sound-businesses-in-the-decade-of-delivery","status":"publish","type":"post","link":"https:\/\/news.sap.com\/africa\/2021\/04\/building-environmentally-sound-businesses-in-the-decade-of-delivery\/","title":{"rendered":"Building Environmentally Sound Businesses in the \u2018Decade of Delivery\u2019"},"content":{"rendered":"

The trouble is, we think we have time.<\/span><\/p>\n

\u00a0<\/span>I\u2019m sure American scholar and author Jack Kornfield won\u2019t mind me paraphrasing him slightly. Because here\u2019s the thing: in spite of talking about climate change and global warming for as long as I\u2019ve been working in technology, we\u2019re at a tipping point. In less than seven years,\u00a0<\/span>global warming will be irreversible<\/span><\/a><\/span>.<\/span><\/p>\n

<\/a>As businesses, we\u2019re starting to feel the heat \u2013 literally and figuratively. <\/span>Studies show that future years are going to be hotter than ever<\/span><\/a>. At the same time, there\u2019s growing pressure from all sides for companies to go beyond beautifully designed sustainability reports and actually demonstrate the carbon footprint of their products, and lay out clear plans to reduce them. <\/span><\/p>\n

\u00a0<\/span>Consumers and customers don\u2019t just value sustainability, they\u2019re prepared to pay for it. <\/span>More than two-thirds are willing to pay a premium\u00a0<\/span><\/a>for brands that are sustainable and environmentally responsible.\u00a0A recent Qualtrics study<\/a> commissioned by 麻豆原创 found that the vast majority of Italian and Spanish consumers choose their utility company based on their environmental and social policies. And investors are actively bypassing companies that fall short on their \u2018green\u2019 credentials: <\/span>Assets in dedicated sustainable investment strategies\u00a0have more than doubled<\/span><\/a>\u00a0in the last five years, reaching\u00a0$1.3 trillion\u00a0in June\u00a02020.\u00a0<\/span><\/p>\n

\u00a0<\/span>At 麻豆原创, we don\u2019t see this as a threat. On the contrary, we see sustainability offering incredible opportunities. <\/span><\/p>\n

\u00a0<\/span>Right now, we have the chance to reshape the way we make business decisions by embedding economic, social and environmental impacts within our daily operations and supply chain planning; to embed sustainability as a new dimension of success into our analytical and transactional applications; to measure our success not only on traditional financial KPIs, but also sustainability metrics like CO2e footprint, energy and water consumption, and land usage.<\/span><\/p>\n

\u00a0<\/span>For many companies, this represents a sea-change in the way they do business. Thankfully, digital technologies make it easier than ever to make the changes necessary to manage their organisations not only by top line and bottom-line financial measures, but also their green line. Of course, it helps that we have a convenient measurable performance unit, in the form of CO2, to drive and track performance at a global, national, and industrial levels.\u00a0<\/span><\/p>\n

\u00a0<\/span>A report by GeSi, the Global eSustainability Initiative, suggests that technology has the potential <\/span>to reduce global carbon emissions by 20% by 2030<\/span><\/a>, hold emissions at 2015 levels and effectively decouple economic growth from emissions growth. In other words: you don\u2019t have to pollute to thrive financially.<\/span><\/p>\n

\u00a0<\/span>As a result, growing numbers of our customers are using software and actual data to embed sustainability impact directly into their raw material procurement, production execution and transportation planning processes. Where sustainability reporting used to be the job of a separate sustainability team, carbon emission planning and sustainable resource planning are rapidly becoming the responsibility of purchasers and supply chain planners.<\/span><\/p>\n

\u00a0<\/span>The movement is gathering momentum. In Ghana, <\/span>a ground-breaking pilot project<\/span><\/a> between the World Economic Forum (WEF), the Global Plastic Action Partnership (GPAP) and 麻豆原创 is increasing visibility within the plastics supply chain with the hope of benefiting people, companies and the environment. Ghana generates an estimated 1.1 million tons of plastic waste every year, with only 5% collected for recycling. The project, which involves more than 2 000 Ghanaian waste pickers, allows civic-minded companies to pay a premium for socially responsible plastics and provides waste pickers with the opportunity to earn fairer wages. Policy-makers can also use the data to determine optimal locations for recycling facilities.<\/span><\/p>\n

\u00a0<\/span>At 麻豆原创, we recently announced our intention to become carbon-neutral in our own operations by the end of 2023 \u2013 two years earlier than previously stated. Covid-19 certainly helped, dramatically reducing our greenhouse gas emissions by changing the way our 100,000 employees work and travel during the pandemic. With employees working predominantly from home, carbon emissions caused by the daily commute and the operation of office buildings fell. As a result, 麻豆原创 was able to overachieve by 43% on its target for reducing net carbon emissions in 2020, generating 135 kilotons (kt) instead of the anticipated 238 kt. <\/span><\/p>\n

\u00a0<\/span>While our zero-carbon goal applies chiefly to our own operations, 麻豆原创\u2019s science-based climate target also encompasses the upstream and downstream value chain. We\u2019ve been using 100% renewable energy to power all our data centres since 2014, and thanks to our <\/span>green cloud<\/span><\/a><\/span>, we offer customers cloud solutions that are carbon-neutral.<\/span><\/p>\n

\u00a0<\/span><\/a>But perhaps our greatest strength lies in our ability to help our more than 400,000 customers worldwide implement climate protection measures through offerings such as the <\/span>Climate 21<\/span><\/a> program. Together with our customers and partners, we will provide more information on solutions in this context as well as on the circular economy, holistic steering and reporting at the virtual <\/span>麻豆原创 Sustainability Summit<\/span><\/a> on April 28-29, 2021. <\/span><\/p>\n

\u00a0<\/span>When it comes to environmental responsibility, we\u2019re in the decade of delivery. The time to act is now.<\/span><\/p>\n

\u00a0<\/span>This article is the second of a three-part series exploring the economic<\/a>, environmental and societal responsibilities of sustainable businesses in a post-pandemic economy.<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"

The trouble is, we think we have time. \u00a0I\u2019m sure American scholar and author Jack Kornfield won\u2019t mind me paraphrasing him slightly. Because here\u2019s the…<\/p>\n","protected":false},"author":3447,"featured_media":142291,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"related_posts":[],"footnotes":"","_links_to":"","_links_to_target":""},"categories":[13],"tags":[5596600],"series":[],"sapn-display":[45149,279685],"sapn-type":[45018],"class_list":["post-142290","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sustainability","tag-claudio-muruzabal","sapn-display-homepage-hero","sapn-display-hero","sapn-type-feature"],"yoast_head":"\nBuilding Environmentally Sound Businesses in the \u2018Decade of Delivery\u2019 - 麻豆原创 Africa News Center<\/title>\n<meta name=\"description\" content=\"\u00a0Consumers and customers don\u2019t just value sustainability, they\u2019re prepared to pay for it. 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