Reinforcing the German tech giant’s unwavering commitment to using SAP digital technology in enabling green development, the United Nations Global Compact Network in China recently named the SAP Product Carbon Footprint Analytics cloud solution as the best practice in the “Carbon Peak and Carbon Neutral” category.
The UN Global Compact, which was established at the organisation’s headquarters in 2000, is the world’s largest and highest-level multinational program for corporate social responsibility (CSR) and sustainable development. It is dedicated to encouraging ethical corporate practices for shared value and helping accomplish the 2030 Sustainable Development Goals (SDGs).
In China, the local network strives to encourage more Chinese enterprises to sign up for the UN Global Compact, and to push more companies to adopt and apply the organisation’s 10 principles on the environment, labor rights, human rights, and anti-corruption. Aside from these objectives, it aspires to improve the interaction between Chinese companies and the international community, enhance the global reputation and image of local businesses, and promote the long-term development of Chinese firms in the context of economic globalisation.
Recently, China’s UN Global Compact Network held a selection activity for the “Enterprise Best Practices for Achieving SDGs” to better understand and summarise the sustainable development of local enterprises and propel the UN agenda. SAP has been named to this list for the third year in a row, demonstrating the company’s commitment to advancing the implementation of SDGs over the course of several years. (InsideSAP Asia often references articles from websites in other languages to bring you as much information as possible.)
The cloud solution SAP Product Carbon Footprint Analytics, which was developed by the SAP China Research Institute, was named the best practice in the “Carbon Peak and Carbon Neutral” category. As a key component of the Climate 21 initiative, the cloud product allows for more clarity and transparency on the carbon footprint of products along their full value chain, including manufacturing and raw material consumption as well as transportation and logistics.
Enabling Green Development Through SAP Digital Technology
In order to make carbon emission data more visible and quantifiable, SAP digital technology and solutions are being developed with the goal of assisting enterprises in integrating carbon reduction strategies into their business processes and making their green development objectives a reality. Dr. Li Ruicheng, SAP Global Senior Vice President and Director of SAP China Research Institute, shared in a press release statement:
“The application of digital technology can help companies measure and calculate carbon emissions in a dynamic regulatory environment, and take effective measures to implement low-carbon strategies and achieve green development.”
“SAP China Research Institute has more than 4,000 R&D (research and development) engineers. With strong local innovation strength, we have been deeply involved in 90{aa282f308afcc222aaa21b0478c79e01a8fedd01972e2180867097bd93930f22} of SAP’s global product research and development, and continue to contribute to the digital transformation and sustainable development of customers in China and around the world,” Dr. Li Ruicheng further explained.
The “dual carbon” goal has emerged as a significant priority for Chinese companies today and local businesses are also actively exploring the implementation of low-carbon strategies in their operations. Last year, an in-depth meeting was held between the Panjin City Government and SAP to exchange their perspectives on the “Green Development Platform Project” in Shuangtaizi District in China where SAP digital software and solutions will play a critical role in the achievement of China’s environmental objectives.
