An increasing number of organisations leverage SAP software and solutions to take on their climate ambitions and accelerate their participation in achieving sustainable economic growth.
Recently, the German tech giant took a spot in the A List of the Carbon Disclosure Project (CDP), an international organisation widely regarded as the gold standard of environmental reporting. The CDP’s coveted A List announces more than 300 companies that are paving the way toward a more sustainable future. Furthermore, this recognition comes just a few weeks after SAP was hailed as a software industry leader in the Dow Jones Sustainability Indices (DJSI) for the 15th year in a row.
The company’s position in these leading sustainability rankings establishes SAP as a front-runner in environmental, social, and governance (ESG) performance. Luka Mucic, Member of the Executive Board and Chief Financial Officer at SAP, remarked:
“We remain firmly committed to leading by example in our efforts to run our business sustainably and report our progress. Equally important is that we share our knowledge with our customers and enable them to achieve their own climate goals with our growing portfolio of sustainability solutions.”
SAP stands out as an exemplar when it comes to disclosing sustainability metrics after receiving top scores in the CDP and DJSI rankings. With that said, SAP software and solutions aim to enable businesses to do due diligence on their own performance by assisting them in measuring and monitoring emissions.
Among those that have already invested in digital technologies to help achieve their environmental objectives is the People’s Government of Panjin Municipality in China. Last month, the Panjin City Government and SAP held an in-depth discussion to share their views on the “Green Development Platform Project” in Shuangtaizi District where digital technologies will play a crucial role in the implementation of China’s “dual carbon” goals. (InsideSAP Asia often references articles from websites in other languages to bring you as much information as possible.)
The high-level meeting took place after the two parties signed an agreement to establish the “Green Development and Double Carbon Innovation Center” at the 4th China International Import Expo (CIIE). During the annual event, SAP showcased its latest technology solutions and services and forged several strategic agreements with other Chinese firms.
Achieving Sustainability Goals Through SAP Software and Solutions
Moreover, Dr. Huang Chenhong, SAP Global Executive Vice President and President of Greater China, believes green development is the only option to meet the “dual carbon” targets. He added that digital technology can enable the effective implementation of low-carbon strategies. Commenting on the partnership with the Panjin City Government, he stated:
“SAP attaches great importance to cooperation with Panjin City. We look forward to helping Panjin achieve green and low-carbon development through innovative technologies, and working hand in hand to contribute to China’s dual-carbon goal.”
As part of the new collaboration, SAP will provide a series of digital solutions based on the SAP Business Technology Platform to help Panjin develop an urban carbon emissions monitoring and simulation system. This is on top of improving urban operations, facilitating industrial restructuring, and advancing a low-carbon economy. In addition, the German enterprise software giant will also actively engage in the creation of the “Panjin Index”.
Furthermore, Scott Russell, Executive Board Member and Head of Customer Success at SAP, said that SAP and the Panjin City Government will build an eco-city of the future through this partnership. He added in a LinkedIn post:
“This initiative marks the beginning of a profoundly impactful journey in sustainable development. Looking forward to continuing our journey of creating a greener future for both our people and planet!”