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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According to a pulse survey conducted by the , 76% of employees want flexibility in where they work and 93% flexibility in when they work. The desire for flexible work is strongest among women, working parents, and employees of color who have shown gains in feelings of belonging working remotely. Specifically, 81% of Black respondents say they want flexibility in where they work, compared to 75% of White respondents.

This data is in direct contrast to what most executives report that they want in post-pandemic workforce policies. Of those currently working fully remotely, nearly half of all executives surveyed (44%) want to work from the office every day, compared to 17% of employees. And 75% of these executives say they want to work from the office three to five days a week versus only 34% of employees.

So, what are companies to do? How can they make informed decisions about what鈥檚 best for leaders, for the business, and for their employees?

Applying a Sustainability Lens to Work Location Decision

One way of looking at the issues of return to office or hybrid work is from a business sustainability perspective. For example, if forcing people back to the office will make critical employees more likely to leave their jobs, you have a real flight risk issue impacting the sustainability of your business. Your business must have enough people with the right skills at the right time to propel it forward.

Another perspective to consider is how today鈥檚 business environment has been transformed by climate change, nature loss, and more. The planet needs change, and people demand change. What if, when making decisions about who comes into the office and when, executives considered the carbon footprint generated by employee travel and commutes, weighed against the energy usage working from home, along with the sustainability causes that their employees support?

This would require implementing next-generation holistic steering and reporting that maps operational and experiential data to show progress on goals such as reducing the carbon footprint of the business. Imagine executives having climate and natural capital accounting at their fingertips, including individual and collective employee carbon footprint tracking.

This is the kind of holistic steering and reporting that groups such as the World Economic Forum (WEF) want companies to integrate into their strategic decision-making. Integrating economic, environmental, and social performance data into decisions 鈥� referred to as Stakeholder Capitalism Metrics 鈥� can help executives serve their own goals, respect their employees鈥� preferences for when and where they work, and contribute to reaching sustainability goals that make the world a cleaner, greener place.

How 麻豆原创 Can Help

In 2020, 麻豆原创 committed to enable companies to report on the WEF鈥檚 Stakeholder Capitalism Metrics. As promised, we have delivered to help enable holistic enterprise-wide sustainability performance management. 麻豆原创 also made it easier to become a sustainable business and reduce carbon footprints with , which can enable businesses to move toward lower carbon emissions and more sustainable operations. 麻豆原创鈥檚 data-driven approach lets businesses embed sustainability comprehensively and gain actionable insights across the entire value chain to enable companies to transition to low-carbon business processes.

Faced with an ambitious sustainability agenda and carbon-lowering targets, one 麻豆原创 customer wanted to go further and consider the employee wishes for home/office work, and the carbon emissions generated from their commute to work against the energy efficiency of their home offices. The company had committed to lowering its enterprise carbon emissions and wanted a mechanism to support managers鈥� operational workforce planning processes.

麻豆原创 built a proof of concept (PoC) application in just one day once the employee survey was collected. The PoC decision support application was realized as follows:

Employee address data was acquired from records using the standard delivered API. 麻豆原创 Data Quality Management and microservices for location data were used for both data cleansing 鈥� a big bonus since the customer was able to cleanse inaccurate addresses in 麻豆原创 SuccessFactors Employee Central 鈥� and data enrichment to geocode the home and work addresses with the latitude, longitude, and altitude information. The world of geo-location services was opened.

Demographic measures and dimensions were acquired from 麻豆原创 SuccessFactors Workforce Analytics using the standard 麻豆原创 Analytics Cloud connector.

While trying to understand employee sentiment on workplace and flexibility preferences, a survey was created using Employee Experience Management Solutions from 麻豆原创 and Qualtrics. The survey allowed for employees, whose jobs enabled them to work from home, to answer questions relating to their preferences for the number of days a week they wanted to work from home and their commute (means and time of travel). The insights gathered allowed us to understand that the travel time to work 鈥� not distance 鈥� is a major factor in determining retention risk amongst various demographic groups and so the information was valuable input for the flight risk tool they had in 麻豆原创 Analytics Cloud enterprise reporting.

was then able to use external Web services and geo-location services to calculate the travel distance and travel time to work by various means of transport. One of the services was then able to determine the carbon emissions for the means of travel that the employee had specified. The commute travel time by job grade is a leading predictor of flight risk and is easily added to the flight risk prediction dataset.

The systems also gathered information of all the corporate and possible work locations. This opened the possibility for work location optimization, but it was not part of the scope of the PoC.

The data was then blended using 麻豆原创 Business Technology Platform, specifically 麻豆原创 Data Warehouse Cloud, and anonymization views were defined to protect actual home addresses from being shown. Real-time 麻豆原创 HANA data anonymization allowed the application to use actual addresses to accurately calculate the travel metrics while safely anonymizing sensitive data for dashboard visualization and drill-down.

A dashboard was built and refined to analyze and interrogate the employee commute measures and identify specific employee carbon emissions each working day. Geospatial representation and visualization were built and demonstrated with interactive zoom and data filters. A what-if scenario was demonstrated with graphs and metrics calculated in real time to show the specific carbon emission impact of changing the percentage of time spent working remotely.

As shown in the below process, this PoC was achieved using various 麻豆原创 solutions, including 麻豆原创 SuccessFactors solutions on 麻豆原创 Business Technology Platform.

In Summary

Executives can make better decisions about the impact of employees going back to the office and how often, considering the social and actual carbon emissions from commutes in their people planning. Using 麻豆原创 SuccessFactors solutions for employee information to geocode the distance of employees from the office and utilizing to layer experience insights to determine preferences, they can analyze carbon emissions for different types of commutes and make data-driven decisions to fuel their sustainability initiatives.

As shown in the below figure, executives can even look at this data by employee gender, race, and age. This helps them better assess, for instance, how many employees have strong preferences and who would become a flight risk should the business choose to mandate regular employee in-office attendance.

Finally, the figure below shows the simple what-if scenario to demonstrate how quickly and effectively analytics interfaces can be built, in this case, incorporating a slider bar and immediate impact of the change for the pre-filtered employees.

This kind of sustainability data and analysis empowers executives to find the 鈥渟weet spot鈥� in decisions that balance their preferences against employee preferences and align them to important goals such as reducing their carbon footprint.

Suddenly, what鈥檚 best for all becomes quite clear.

Learn more at .

Tammie Eldridge is part of Solution Marketing at 麻豆原创 SuccessFactors.

麻豆原创 Business Journeys for two key sustainability solutions can help.

With the business journeys for 麻豆原创 Sustainability Control Tower and 麻豆原创 Product Footprint Management, your business can stay ahead of customer demand, stakeholder expectations, and regulatory changes related to sustainability.

Start Tracking and Reporting Key Sustainability Metrics Fast

麻豆原创 Business Journeys are offerings designed to help your business with the planning, implementation, execution, and enablement of 麻豆原创 solutions. With 麻豆原创 Business Journeys, you can begin to smooth the path to sustainability by getting started with these solutions 鈥� and overcoming your greatest sustainability challenges 鈥� faster. They empower you to move forward toward a sustainable business with the confidence you need to achieve your goals on 麻豆原创 solutions.

provides the tools to help measure and track the footprints of your products. Use it to perform as-needed, automated, or scheduled calculations of emissions. The business journey for 麻豆原创 Product Footprint Management helps you prepare for solution adoption so you can quickly begin to reduce your carbon footprint.

Take, for instance, a fast-growing bakery with nationwide distribution. A recent change in legislation means this business must now report the carbon emissions of its products. And if you think cake can鈥檛 have a complicated carbon footprint, think again. This bakery has to track and report emissions related to its raw ingredients, such as cacao beans and flour, as well as the energy it takes to bake the cake and transport the packaged finished product to retail locations for sale.

For this bakery, 麻豆原创 Product Footprint Management helps reveal where emissions are too high and how the business can reduce them. The business journey can prepare this business 鈥� and yours 鈥� for a smoother implementation and fast ROI.

Reveal Insight into Sustainability across the Enterprise

empowers you with transparency based on environmental, social, and governance (ESG) indicators gathered from dependable data. That means you can gain key sustainability insights, monitor your progress, and set targets to help improve your business performance. It鈥檚 helping businesses worldwide transform how they measure their sustainability KPIs 鈥� and then use those insights to create better, greener outcomes.

That bakery business could use 麻豆原创 Sustainability Control Tower to report a large variety of sustainability metrics to regulators, partners, stakeholders, and even customers. For instance, if this bakery wanted to expand into a new country, it would need to follow that country鈥檚 sustainability standards and regulations. The solution can help report the necessary metrics to send to the right regulators. Or, if it wanted to target more sustainability-minded consumers, it could use its emissions metrics to help fuel a marketing campaign with sustainability metrics at the center of its message. The solution can help with that, too.

In addition, the solution can help you create a yearly sustainability report as part of your annual report much faster and more automated. For this, 麻豆原创 Sustainability Control Tower provides tools that follow international standards so you can collect relevant data from multiple sources and report your sustainability KPIs quickly.

The business journey for 麻豆原创 Sustainability Control Tower can enable this business and yours to reduce the time it takes to reveal key sustainability metrics not only by helping implement the solution faster, but also by supporting effective user adoption and enablement.

Get Started with Sustainability Solutions Faster Than Ever

With business journeys for 麻豆原创 Product Footprint Management and 麻豆原创 Sustainability Control Tower, you can break down barriers to sustainable operations and take control of your carbon emissions and other sustainability-related metrics. With the business journeys, your business can take advantage of:

• Expert insight to identify the most effective route to sustainable digital transformation
• Workshops to assess current and future requirements, targets, and strategies
• Expert advice and actionable steps to improve change management and help boost user adoption

麻豆原创 Sustainability Control Tower and 麻豆原创 Product Footprint Management are representative of 麻豆原创鈥檚 dedication to sustainability. As sustainability takes center stage for your business, 麻豆原创 continues to design innovative solutions to fulfill your unique needs.

To learn more about business journeys for sustainability services from 麻豆原创, .

Holger Wittwer is sustainability design lead for Cloud Success Services at 麻豆原创.

Capgemini and 麻豆原创 will provide cloud products and services to support sustainability transformation in strategy, technology, and business model change. The initiative will enable companies to better manage their suppliers and supply chains in pursuit of their sustainability goals.

“Sustainability is at the heart of the automotive industry and has to be the foundation of every decision. At the same time, it is essential to clearly understand the customer’s perspective and integrate feedback to ensure success in the digital age,” said Hagen Heubach, global vice president and head of the Automotive Industry Business Unit at 麻豆原创. “We are combining the strengths of 麻豆原创 and Capgemini to provide our customers with expanded capabilities to define and implement their sustainability strategies.”

Josean Mendez, global 麻豆原创 alliance lead at Capgemini, adds:鈥�淲e are proud to be working with 麻豆原创 on this sustainability initiative to jointly deliver automotive offerings leveraging RISE with 麻豆原创 transformation value to our clients.鈥疭trengthening our solutions and helping our clients with their sustainability agendas signals the positive impact we aspire to for all our customers.鈥�

Traditional original equipment manufacturers (OEMs), electric vehicle (EV) manufacturers, as well as supplier organizations can drive their competitive advantage and value with the management processes and tools supported by the joint initiative. Specifically, this joint transformation framework can help automotive companies identify the business value of sustainability and inject sustainability management into products and services across their supply chains.

麻豆原创 and Capgemini offer market-leading solutions in four key areas of sustainability transformation to complement their innovation in the sustainability space:

• Net-zero strategies and business models identify transformation opportunities and drive transparency on sustainability objectives with the help of the 麻豆原创 Sustainability Control Tower solution.
• Sustainable products and services create transparency about the carbon emissions of products throughout their life cycle, leveraging 麻豆原创 Product Footprint Management and sharing emissions data through the industry value chain with the GreenToken by 麻豆原创 solution.
• Sustainable procurement and supply chains leverage 麻豆原创 Integrated Business Planning, 麻豆原创 Supply Chain Control Tower, and product carbon footprint data to help drive supply chain decisions with visibility across the network.
• Steering and reporting for impact helps ensure that the transformation focuses on business value, with actionable insights and improved environmental, social,
  and governance (ESG) reporting so that companies can comply with all regulatory and reporting requirements.

鈥淔acing significant industry disruption, traditional OEMs, EV manufacturers, and automotive suppliers must continually innovate with their products and services while at the same time constantly improve efficiency,鈥濃�痵aid Markus Winkler, executive vice president of Global Automotive at Capgemini.鈥�淭he joint initiative for automotive with 麻豆原创 helps our clients adapt to the changing requirements of today as well as plan for the future with a strong and comprehensive industry cloud solution addressing global sustainability.鈥�

Jim Davis is director of Automotive Industry Business Unit at 麻豆原创 America.

鈥淭he high-tech sector is under regulatory pressure to consistently capture data measuring the carbon footprint of their devices throughout the entire product life cycle, from sourcing materials to end of life and reuse,鈥� said Joerg Kaufmann, director of high-tech solution management at 麻豆原创. 鈥淭hey need a certifiable, auditable trail of data to prove regulatory compliance and avoid penalties. This will help manage operational costs while building a more sustainable business model.鈥�

A recent found that high-tech executives demonstrated the most mature outlook on sustainability: over 75% agreed that good sustainability practices reduced overall risk, versus 61% of total respondents. They were also the most likely of any sector to have a specific plan for reducing carbon emissions (71%).

Tracking Product Lifetime CO2 Emissions

Make no mistake, for high tech and every industry, net zero is a bottom-line issue. researchers predicted that by 2024, to improve long-term supply chain profitability, 70% of manufacturers in global supply chains will invest in software tools supporting sustainability and a circular economy business model. analysts said that by 2025, 40% of all manufacturing IT will own the responsibility of data modeling for sustainability and net-zero carbon targets.

Consider the carbon footprint of a laptop. It begins with the sourcing of raw materials that are transported to the plant, stored in a warehouse, and productized into the manufacturing of the laptop, which is shipped to customers who use it before, hopefully, recycling it for another use. During each phase of life, the product emits CO2, increasing a company鈥檚 total carbon footprint over time. Tracking this level of tonnage with accuracy and consistency is the next frontier in sustainable business.

鈥淐O2 is the new currency for resilient, sustainable supply chains,鈥� said Kaufmann. 鈥淔or example, is designed to collect internal and external data and calculate carbon emissions across the product life cycle. Companies can explore what-if scenarios, such as finding closer suppliers to reduce shipping miles and energy consumption. They could look at alternate designs and operations, sourcing recycled materials or increasing manufacturing efficiencies to produce an identical product for the same price with a lower carbon footprint.鈥�

Circular Economy Beats High-Tech Obsolescence

Built-in obsolescence has become both a growth driver and reporting burden for high-tech manufacturers. Yes, we want the latest innovations, but sustainable business isn鈥檛 tenable at the expense of climate change regulations. Many high-tech companies are transforming business models, in part, to innovate and better manage costs plus address climate change requirements. analysts predicted that by 2024, digital-first enterprises will enable empathetic customer experiences and resilient operating models by shifting 70% of all tech and services spending to as-a-service and outcomes-centric models.

鈥淥ver the past decade, many of our high-tech clients have shifted from selling boxes to services,鈥� said Kaufmann. 鈥淲e鈥檙e researching analytics that would help a manufacturer that sold, for instance, printing-as-a-service to track usage and provide insights prolonging the sustainable life cycle of the printer, including service and maintenance, replacement and exchange timelines, and reuse for business value and lowered lifetime carbon emissions.鈥�

High-Tech Players Recalculate Cost of Innovation

Having connected data may already be paying off for some companies. In the Oxford survey, high-tech respondents appeared to have made more progress in ensuring suppliers have sourced sustainable materials (72%) versus other industries. Business model transformation isn鈥檛 necessarily wholesale change all at once. With the right data, high-tech manufacturers can make adjustments that deliver stronger business results. No doubt regulations will spark innovations as well.

鈥淲hen you can measure your product鈥檚 entire CO2 footprint, you can reduce it,鈥� said Kaufmann. 鈥淲ith more comprehensive data, high-tech companies can factor CO2 emissions into the entire cost of the product, alongside everything else like the battery or the shell. They can make more informed decisions about the total cost to the company, including the environment.鈥�

Innovation at any cost is no longer sufficient for sustainable business. With the right data, high-tech leaders can recalculate the price all of us pay for a more sustainable world.

Follow me @smgaler.