{"id":4138,"date":"2020-07-03T13:59:00","date_gmt":"2020-07-03T03:59:00","guid":{"rendered":"https:\/\/news.sap.com\/australia\/?p=4138"},"modified":"2023-03-18T03:59:31","modified_gmt":"2023-03-17T17:59:31","slug":"sap-launches-carbon-emissions-accounting-system-to-address-climate-change","status":"publish","type":"post","link":"https:\/\/news.sap.com\/australia\/2020\/07\/03\/sap-launches-carbon-emissions-accounting-system-to-address-climate-change\/","title":{"rendered":"麻豆原创 Launches Carbon Emissions Accounting System to Address Climate Change"},"content":{"rendered":"

While the world is in the grips of a pandemic, CEOs are devoting a new level of attention to a topic that is viewed by many as a\u00a0more existential challenge than the coronavirus<\/a>\u00a0and has been neglected much too long: climate change.<\/p>\n

COVID-19<\/a>\u00a0has exposed the world\u2019s vulnerability, but it also provides a shining example of how quickly countries can mobilize forces when faced with a global threat.<\/p>\n

A triumvirate of forces \u2014 ecological, economic and societal \u2014 are currently encouraging leaders across many industries to take action to make their businesses more sustainable. Many leaders see a\u00a0green recovery<\/a>\u00a0as an opportunity to forge a better world by reducing dependency on fossil fuels and stemming global warming. The World Economic Forum has even called on business leaders to \u201cpress the reset button on capitalism<\/a>.\u201d<\/p>\n

Managing the \u201cGreen Line\u201d<\/strong><\/h2>\n

The shift toward sustainable business practices is being driven by governments, consumers, investors, and even employees. While most companies monitor and measure the CO2<\/sub>\u00a0emissions of their production sites, customers are increasingly demanding visibility into the full carbon footprint of the individual products they purchase. Discerning consumers are inclined to choose companies that deliver transparency while shunning those they view as indifferent to the environment.<\/p>\n

In the future, national and international regulations may even require such environmental impact information be provided on product labels.<\/p>\n

Company leaders will therefore need to do much more than just manage their top and bottom lines to keep investors happy; they are increasingly being held accountable for the way they are managing their \u201cgreen line\u201d to reduce the carbon footprint across their business.<\/p>\n

Introducing 麻豆原创 Product Carbon Footprint Analytics<\/strong><\/h2>\n

This week, 麻豆原创 announced the first solution in its Climate 21 program to support enterprises trying to make their operations better prepared for the emerging business reality where sustainability is a strategic and economic imperative.<\/p>\n

Delivering product-specific carbon footprints in industries such as consumer products, chemicals, and oil and gas can be very complex, involving analysis of multiple production sites and production steps. But no other enterprise software company is prepared to help enterprises tackle the challenge like 麻豆原创.<\/p>\n

\u201cClimate 21 is the embodiment of the intelligent enterprise because it spans the end-to-end business processes across both companies and industries,\u201d Thomas Saueressig, member of the Executive Board of 麻豆原创 SE for 麻豆原创 Product Engineering, said as he addressed participants at 麻豆原创PHIRE NOW.<\/p>\n

For nearly 50 years, companies of all sizes and from all industries have trusted 麻豆原创 to help them manage their enterprise resources to drive revenue, reduce cost, optimize asset utilization, streamline supply chains, and improve customer service. Much of the base data needed to determine carbon footprints is already in 麻豆原创 systems, such as bill of materials, energy usage, procurement data and master data. 麻豆原创 is also used to managing the complexity that such projects demand.<\/p>\n

\u201cIt is in our DNA to build software that helps companies measure, account, and take the right action in dynamic and heterogeneous regulatory environments,\u201d\u00a0Saueressig wrote<\/a>.<\/p>\n

But 麻豆原创 solutions for carbon accounting are not an afterthought bolted onto existing software applications; they are integral to the company\u2019s digital core. Accounting for CO2<\/sub>\u00a0and other greenhouse gases is just an additional factor in an enterprise\u2019s operations.<\/p>\n

Carbon Emissions Accounted for Across the Entire Value Chain<\/strong><\/h2>\n

麻豆原创 Product Carbon Footprint Analytics delivers carbon emission insights for a company\u2019s products by plant, profit center, or cost center. Based on 麻豆原创 S\/4HANA, 麻豆原创 Analytics Cloud and 麻豆原创 Cloud Platform, the application delivers transparency on the carbon emissions of a product across the entire value chain, including production, raw materials, energy use, and transport. Producers can also integrate data from product databases and third-party solutions to analyze and understand the emissions breakdowns.<\/p>\n

If a specific product is made in more than one location place, for example, comparisons can be made for each activity of the value chain to determine the amount of CO2<\/sub>\u00a0it takes to produce the product in each location. Transparency about the carbon footprint lays the foundation to\u00a0minimize\u00a0carbon emissions. Producers can use the data to run simulations to optimize the carbon footprint according to buyer requirements.<\/p>\n

\u201cOur goal is to create transparency about carbon emissions all the way through the value chain, across industries, geographies, products, and services,\u201d said Toby Croucher, head of Solution Management for Climate 21 and Sustainability at 麻豆原创. \u201cCreating transparency of the carbon footprint straight through to the consumer will help inform climate-responsible buying and consumption.\u201d<\/p>\n

Transparency about the product carbon footprint for any good or service can also be passed down the value chain to consumers, enabling buying decisions to be based not only on quality or cost. For example,\u00a0a consumer shopping for a bicycle<\/a>\u00a0would be able to view the carbon footprint of the rims from Belgium, the titanium frame from Taiwan, the hub gears from the U.S., and tires from Germany, as well as the total carbon footprint of the bicycle delivered to the local bike store.<\/p>\n

Co-Innovation Projects Lead the Way to Carbon Transparency and Climate Action<\/strong><\/h2>\n

In addition to taking\u00a0climate action in its own business operations<\/a>, 麻豆原创 is running numerous co-innovation projects with companies that are sustainability champions in their industries and understand the business value of taking the next step in managing their environmental impact.<\/p>\n

Doehler is a global producer, marketer, and provider of technology-driven natural ingredients, ingredient systems, and integrated solutions for the food and beverage industry. Last month, it became the first company to go live with 麻豆原创 Product Carbon Footprint Analytics.<\/p>\n

Watch this space for more examples of companies that are acting today to responsibly manage their green line.<\/p>\n

This article first appeared on the Global News Room.<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

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