Leveraging the Power of Data with 麻豆原创 Sustainability Control Tower

Companies across industries are responding to rapidly increasing sustainability and and setting ambitious sustainability targets. Yet, many face the challenge of gaining transparency into the data needed for effective and actionable sustainability management. They need ways to monitor and manage their green lines as meticulously as their top and bottom lines.

Current sustainability management relies heavily on data averages and estimates. The inability to track, manage, and gain insights from live data and embed it into core business processes can cripple even the most well-intentioned sustainability efforts. Worse, it can mislead investors, create compliance issues, and misguide transformation efforts. Unifying sustainability data provides significant gains in capabilities and competitive performance.

can offer organizations a robust tool for delivering audit-ready sustainability data that aligns with various sustainability and ESG standards. As part of the 麻豆原创 Cloud for Sustainable Enterprises solution, 麻豆原创 Sustainability Control Tower helps enable organizations to unlock the power of data to record, report, and act on their sustainability goals 鈥� at scale. Companies can drive holistic steering by setting targets; monitor progress and gain actionable insights from dependable sustainability data; and gain trust by establishing robust and auditable sustainability and ESG reporting.

Developing a Systematic Approach to Sustainability

麻豆原创 customer and partner msg global is a consulting, implementation, and managed services provider committed to enhancing operational efficiency and decision-making capabilities through the utilization of 麻豆原创 technology. As the company set its sights on becoming a sustainable enterprise, it implemented 麻豆原创 Sustainability Control Tower to help enable the data transparency and actionable insights needed to steer holistically towards its sustainability goals.

Cooke oversees msg global鈥檚 sustainability business and technology consulting practice, in addition to collaborating with Ulrich Pilsl, chief financial officer at msg global, on its internal sustainability strategy. At 麻豆原创 Sapphire, Cooke shared insights on msg global鈥檚 experience with 麻豆原创 Sustainability Control Tower, highlighting both achievements and challenges of msg global鈥檚 sustainability journey.

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As a midsized company, msg global is still navigating its path to sustainability. Over the years, it has undertaken several corporate social responsibility (CSR) initiatives. However, it recently shifted its focus to sustainability by adopting a more structured approach to sustainability. This approach integrates sustainability into core business processes through transparent reporting and goal setting.

With 麻豆原创 Sustainability Control Tower, msg global published its in 2022, tracking key sustainability performance indicators. 麻豆原创 Sustainability Control Tower allows msg global to consolidate data from its 麻豆原创 systems across HR and finance departments, as well as its non-麻豆原创 systems. With improved visibility into sustainability data across core business operations, company leaders can make informed sustainability decisions based on real-time insights.

Cooke states that the implementation of 麻豆原创 Sustainability Control Tower enables msg global to establish baselines, generate reports, and set future-oriented targets and objectives. With this solution, msg global can effectively record, report, and act on sustainability.

Embarking on the Journey

Every business on a sustainability journey encounters obstacles along the way. msg global continues to explore ways to enhance data quality and availability. The company plans to implement and to help gather seamless, scalable, mission-critical business data and connect and automate business processes. msg global is also implementing to help gain a better understanding of travel management. Access to more comprehensive travel data is essential for a professional services company committed to sustainable business operations.

Cooke encourages businesses undergoing sustainability transformations to simply take the first step. She believes msg global is on the right track. She and her fellow sustainability leaders continually monitor progress with insights from 麻豆原创 and make ongoing improvements along the way.

For more information on how 麻豆原创 helps companies record, report, and act on their sustainability goals, visit .

Kelly Cannon is part of Content Creation & Strategy for the Content Lab at 麻豆原创.

• 麻豆原创 Solutions Enable Organizations to Record, Report, and Act on their Sustainability Ambitions

IDC reviews the roles of major ICT players’ environmental, social, and governance (ESG) impacts across three pillars: Technology as an Enabler, Technology Vendor Performance, and Technology for Good. During its assessment of software vendors, IDC has found that 麻豆原创 performs exceptionally well compared to its peers. 麻豆原创’s strong performance stems from its commitment to making sustainability an integral part of its mission. This is reflected in the company’s customer offerings and the skills it is incorporating into the organization at global and regional levels.

麻豆原创 placed among the top three in the Technology as an Enabler pillar, outperforming the market average in all five main categories 鈥� monetization, sustainable software features and practices, ESG management reporting software, software for operational optimization, and advisory services and sustainable ecosystems. One of the main reasons for the placement is the efficient internal product standards that ensure applications or services are both cost efficient and resource efficient. 麻豆原创 complies with several industry standards, including ISO/IEC 27001, ISO 9001, ISO 22301, ISO/IEC 27018, and ISO 10012.

麻豆原创 Cloud for Sustainable Enterprises is the umbrella cloud-based solution for a comprehensive package that can provide insights into organizations’ sustainable performance and can enable them to record, report, and act on their respective sustainability goals. Flagship solution can provide customers with holistic steering and ESG reporting along the three main sustainability areas: climate action, circular economy, and social responsibility.

麻豆原创 鈥嬧�婼ustainability solutions deliver company-wide functionality and industry-specific features that can help you incorporate sustainability in business at scale by embedding operations, experience, and financial insights into your core business processes.鈥嬧��

One clear example is 麻豆原创鈥檚 commitment to helping companies track carbon accounting with more precision and control by using actual data across their business operations and supply chains in sync with financial flows. In a recent interview with The Wall Street Journal about carbon accounting, Sebastian Steinhaeuser, chief strategy officer at 麻豆原创, shared his thoughts on why companies need carbon accounting: 鈥淲e need to standardize how we do carbon accounting globally because, today, companies still take different approaches based on individual solutions, which aren鈥檛 easy to compare. We need carbon accounting with the same accuracy, detail, and transparency as financial accounting and standardizations like the SEC or ISSB so that we also operate all on the same common framework of rules like we do in financial accounting today.鈥�

The Technology Vendor Performance pillar comprises five categories 鈥� governance, social sustainability, supply chain for company operations, operational sustainability, and environmental sustainability. 麻豆原创 outperformed the market average and was among the top five performers across these categories.

Sustainability has always been embedded as a part of 麻豆原创鈥檚 governance. Strong evidence of 麻豆原创鈥檚 commitment to sustainability is the inclusion of sustainability KPIs in all Executive Board members’ compensation plans. Additionally, every quarter, 麻豆原创 reviews sustainability practices, publishes financials, and selects sustainability KPIs. 麻豆原创 adheres to various non-financial reporting standards, such as the Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB), Taskforce for Climate-Related Financial Disclosure (TCFD), Climate Disclosure Project (CDP), and European Corporate Sustainability Reporting Directive (CSRD).

麻豆原创 supports programs such as Targets for Women in Management, Women to Watch, Inclusive Mindset Challenge, Fair Pay Initiative, Business Women’s Network, Black Employee Network, and Pride@麻豆原创 to promote diversity and inclusion. 麻豆原创 is one of the few companies that impose an internal carbon tax, although that carbon tax applies solely to new projects and activities that require the consumption of fossil fuels. 麻豆原创 also charges an internal carbon price for business flights in most countries they leave from, thus incentivizing the use of eco-friendly alternatives, such as traveling by train.

麻豆原创 was placed in the top five in the Technology for Good pillar. 麻豆原创 achieved a maximum score due to a strong global corporate social responsibility (CSR) and volunteering presence. 麻豆原创 employees contributed over 117,000 hours of pro bono time and committed 27.6 million euros globally to common good causes. Employees鈥� understanding of social and environmental issues is deepened through the 614 virtual and on-site volunteering opportunities.

As IDC points out in the report, the importance of sustainability in 麻豆原创’s strategy and business model can be traced to the company’s mission statement: “[Our purpose is] to help the world run better and improve people’s lives. We strive to achieve this as both an enabler and an exemplar of sustainable business. In addition, we want our own business operations and practices to be intelligent, sustainable, and inclusive.” 麻豆原创 is committed to multiple sustainability milestones, including carbon neutrality in its own operations by the end of 2023 and achieving net-zero emissions along its value chain by 2030.

About the IDC Sustainability Index

IDC evaluated 麻豆原创鈥檚 performance against more than 130 parameters present in IDC’s Technology for Sustainability and Social Impact (TSSI) framework for software vendors. IDC’s TSSI Index offers a view of the current state of the European ICT industry regarding sustainability and social impact. The assessment focused on 麻豆原创鈥檚 three core areas 鈥� ESG achievements, sustainability portfolio of products and solutions, and altruistic initiatives that provide technological solutions.

IDC selects vendors for profiles based on their overall sustainability performances measured against a predefined criterion, their proactivity on sustainability issues, and their provision of information in a transparent manner. Some of the other vendors like Adobe, Benchmark ESG, BMC Software, Eset, Genesys, Goby, IBM, IFS, Logo, Microsoft, MobileXpense, NetApp, OneTrust, Oracle, Persefoni, Sage, Salesforce, ServiceNow, SoftwareAG, Sphera, TietoEvry, and Wolters Kluwers were also assessed.

IDC鈥檚 Sustainability Framework is built on three pillars 鈥� Technology Vendor Performance, Technology as an Enabler, and Technology for Good. 麻豆原创 performed exceptionally well, outperforming the industry average on each of the three pillars and all 15 major categories that were assessed.

For more details,聽.

Jonas Dennler is chief marketing and solutions officer for Sustainability at 麻豆原创.

The new ESG strategy builds on the strength of the existing , which has successfully delivered business transformation solutions to clients in more than 80 countries.

The strategy includes co-innovated solutions, created with PwC鈥檚 , aimed at enabling businesses to apply ESG metrics through their operations that are trustworthy, auditable and verifiable. The solutions leverage the 麻豆原创 Cloud for Sustainable Enterprises solution, along with the 聽and the . Together, PwC and 麻豆原创 help organizations leverage the solutions they need to fulfill compliance requirements and drive growth to support the ever-increasing expectations of customers and investors. They also assist customers in shaping the future of their net zero strategy and sustainability reporting.

PwC and 麻豆原创鈥檚 strategy includes solutions encompassing an enterprise-wide ESG strategy, ranging from trading optimization and tax credit recognition to third-party risk management and competitive analysis. Three top challenge areas for ESG, net zero and sustainability reporting will also be addressed:

• Reporting and disclosure helping to satisfy requirements to materially report and disclose investor-grade carbon measuring data to meet demands of investors, lenders, regulators and customers
• Operationalizing sustainability to support the incorporation of ESG measures, especially carbon issues, directly into business functions, such as trading, capitalization and tax
• Supply chain risk management, monitoring and compliance extending support for ESG measures to cover the impact of suppliers on organizational performance

Solutions like , based on 麻豆原创 Business Technology Platform, have already demonstrated the strength of the collaboration between the two organizations in bringing ESG innovation to market.

PwC and 麻豆原创 are dedicated to helping organizations respond to the reporting and auditability requirements imposed by the European Financial Reporting Advisory Group (EFRAG) and the International Sustainability Standards Board (ISSB). They also support companies in complying with a related ruling proposed by the U.S. Securities and Exchange Commission (SEC). Solutions provided by PwC and 麻豆原创 enable the real-time, data-driven environment customers require to operate and grow the sustainable enterprise of the future.

Bob Moritz, Global Chairman, PwC said: 鈥淓SG has become a business imperative and is central to PwC鈥檚 global strategy, The New Equation, which aims to help clients build trust with their stakeholders and deliver sustained outcomes. New ESG reporting and disclosure requirements are being established, and greater transparency is critical to building trust. This belief is core to our new co-innovation strategy with 麻豆原创, expanding our collaboration to create a dedicated focus on ESG solution development. PwC has been working intensely to help companies deliver on the requirements needed to achieve their ESG goals. Combining our expertise and reputation for trust and integrity with 麻豆原创鈥檚 technology platform will help bring broader capabilities and solutions to respond to organizations鈥� challenges in meeting their ESG and sustainability commitments.鈥�

Christian Klein, CEO and member of the Executive Board of 麻豆原创 SE, said: 鈥淭he key to every organization鈥檚 ability to reach their sustainability goals and drive positive change is transparency. Our collaboration will combine the deep industry expertise and customer insights of PwC with our leading sustainability technology portfolio. The resulting ESG transparency will help companies reinvent their business models and deliver the sustainable outcomes the world urgently needs.鈥�

To learn more about PwC and 麻豆原创鈥檚 ESG co-innovation strategy, visit our .

About PwC

At PwC, our purpose is to build trust in society and solve important problems. We鈥檙e a network of firms in 152 countries with nearly 328,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at .

Visit the 麻豆原创 News Center. Follow 麻豆原创 on Twitter at .

About 麻豆原创

麻豆原创鈥檚 strategy is to help every business run as an intelligent, sustainable enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: 麻豆原创 customers generate 87% of total global commerce. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers鈥� businesses into intelligent enterprises. 麻豆原创 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 鈥� without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, 麻豆原创 helps the world run better and improve people鈥檚 lives. For more information, visit .

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