{"id":2677,"date":"2022-02-17T14:22:32","date_gmt":"2022-02-17T14:22:32","guid":{"rendered":"https:\/\/news.sap.com\/sea\/?p=2677"},"modified":"2024-07-25T15:25:05","modified_gmt":"2024-07-25T15:25:05","slug":"sustainability-high-on-saps-agenda-in-line-with-12th-malaysian-plan","status":"publish","type":"post","link":"https:\/\/news.sap.com\/sea\/2022\/02\/sustainability-high-on-saps-agenda-in-line-with-12th-malaysian-plan\/","title":{"rendered":"Sustainability high on 麻豆原创\u2019s agenda in line with 12th Malaysian Plan"},"content":{"rendered":"

KUALA LUMPUR<\/strong>: With 麻豆原创\u2019s purpose of \u2018helping the world run better while improving people’s lives\u2019, it comes as no surprise that sustainability is high on the company’s agenda, more so since it is also a key theme within the 12th<\/sup> Malaysian Plan (12MP).<\/p>\n

Under the 12MP<\/a>, the goal is for Malaysia to become carbon-neutral as early as 2050, with carbon pricing and carbon tax to be introduced. A comprehensive National Energy Policy will also be introduced to provide long-term strategic direction to support national aspiration of carbon neutrality.<\/p>\n

According to 麻豆原创 Malaysia managing director Hong Kok Cheong, social, environmental, and economic activities and performance are interrelated, with each aspect impacting the others.<\/p>\n

\u201cOur efforts focus on helping to create a sustainable future for Malaysia, our customers, and society at large. For us, it is crucial to be a responsible business that holistically manages our performance and steers our business in an integrated way \u2013 connecting financial and non-financial performance,\u201d said Hong.<\/p>\n

\u201c麻豆原创 addresses sustainability, including climate action, as one of our key focus areas through a dual approach. As an enabler, we aim to provide products and services to our customers to reduce their carbon emissions and pave the way toward a low-carbon future together,\u201d he added.<\/p>\n

Last November, 麻豆原创 had announced the availability of 麻豆原创\u00ae Responsible Design and Production<\/a>, a solution for designing products sustainably and transitioning to a circular economy. This is the latest offering in a growing portfolio of sustainability-specific software applications that help businesses increase their measurement and data management capabilities.<\/p>\n

As sustainable business regulations are put in place, such as plastic taxes, the 麻豆原创 Responsible Design and Production solution<\/a> enables brands to accelerate their transition to circular-economy business practices. The new solution helps companies gain better visibility of material flows through their processes including tracking and complying with rapidly changing regulations, especially those concerning product packaging and plastics. As businesses increasingly develop sustainable products, managing materials and regulatory data is becoming one of the most complex challenges across the consumer industry today.<\/p>\n

\u201cThe circular economy is based on three principles, driven by design \u2014 eliminate waste and pollution, circulate products and materials, and regenerate nature,\u201d said Hong.<\/p>\n

\u201cDigital solutions play an important role in the transition to a circular economy. They enable businesses to embed circular practices across their operations, from designing products to help reduce waste from the outset, to tracking the lifecycle of the materials they use.\u201d<\/p>\n

With 麻豆原创\u2019s new solution, businesses can embed circularity principles into core business processes, helping eliminate waste and unlock new value by designing products to be sustainable from inception. For example, a shampoo brand manager has visibility into the full product lifecycle, including their extended producer responsibility (EPR) obligations and the plastic taxes of different markets. This visibility helps the brand manager make design changes to reduce waste and decisions on how to lower the costs of the downstream re-use and recycling systems.<\/p>\n

The 麻豆原创 Product Footprint Management solution<\/a>, meanwhile, 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.<\/p>\n

By integrating data across solutions that govern production processes with master data from business applications such as 麻豆原创 S\/4HANA\u00ae, 麻豆原创 Product Footprint Management can calculate the environmental impact of various production scenarios.<\/p>\n

麻豆原创\u2019s data-driven approach lets businesses embed sustainability comprehensively and gain actionable insights across the value chain to enable companies to transition to low-carbon business processes. Taking a differentiating approach, 麻豆原创 enables businesses to proactively identify the carbon impact at the beginning of the product lifecycle instead of reactively after a product has been produced.<\/p>\n

 <\/p>\n

Learn how to become a sustainable business with 麻豆原创 <\/em>by embedding operations, experience, and financial data and insights into your business processes<\/em><\/a><\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

KUALA LUMPUR: With 麻豆原创\u2019s purpose of \u2018helping the world run better while improving people’s lives\u2019, it comes as no surprise that sustainability is high on…<\/p>\n","protected":false},"author":4904,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[5570217,7737,5570738,59],"tags":[5570786,6,5570826],"region":[5570782,5570777],"sapn-display":[],"sapn-type":[4446],"class_list":["post-2677","post","type-post","status-publish","format-standard","hentry","category-cloud","category-solutions","category-sustainability","category-technology","tag-cloud-erp","tag-innovation","tag-purpose-and-sustainability","region-malaysia","region-southeastasia","sapn-type-press-release"],"yoast_head":"\nSustainability high on 麻豆原创\u2019s agenda in line with 12th Malaysian Plan - 麻豆原创 Southeast Asia News Center<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/news.sap.com\/sea\/2022\/02\/sustainability-high-on-saps-agenda-in-line-with-12th-malaysian-plan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sustainability high on 麻豆原创\u2019s agenda in line with 12th Malaysian Plan\" \/>\n<meta property=\"og:description\" content=\"KUALA LUMPUR: With 麻豆原创\u2019s purpose of \u2018helping the world run better while improving people’s lives\u2019, it comes as no surprise that sustainability is high on...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/news.sap.com\/sea\/2022\/02\/sustainability-high-on-saps-agenda-in-line-with-12th-malaysian-plan\/\" \/>\n<meta property=\"og:site_name\" content=\"麻豆原创 Southeast Asia News Center\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-17T14:22:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-25T15:25:05+00:00\" \/>\n<meta name=\"author\" content=\"麻豆原创 SEA\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"麻豆原创 SEA\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/news.sap.com\/sea\/2022\/02\/sustainability-high-on-saps-agenda-in-line-with-12th-malaysian-plan\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/news.sap.com\/sea\/2022\/02\/sustainability-high-on-saps-agenda-in-line-with-12th-malaysian-plan\/\"},\"author\":{\"name\":\"麻豆原创 SEA\",\"@id\":\"https:\/\/news.sap.com\/sea\/#\/schema\/person\/2f4457deebbef06c725a907a5ba20dce\"},\"headline\":\"Sustainability high on 麻豆原创\u2019s agenda in line with 12th Malaysian Plan\",\"datePublished\":\"2022-02-17T14:22:32+00:00\",\"dateModified\":\"2024-07-25T15:25:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/news.sap.com\/sea\/2022\/02\/sustainability-high-on-saps-agenda-in-line-with-12th-malaysian-plan\/\"},\"wordCount\":651,\"keywords\":[\"Cloud ERP\",\"innovation\",\"Purpose and Sustainability\"],\"articleSection\":[\"Cloud\",\"Solutions\",\"Sustainability\",\"Technology\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/news.sap.com\/sea\/2022\/02\/sustainability-high-on-saps-agenda-in-line-with-12th-malaysian-plan\/\",\"url\":\"https:\/\/news.sap.com\/sea\/2022\/02\/sustainability-high-on-saps-agenda-in-line-with-12th-malaysian-plan\/\",\"name\":\"Sustainability high on 麻豆原创\u2019s agenda in line with 12th Malaysian Plan - 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