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International collaboration will allow shoppers to align carbon footprint and monetary knowledge for streamlined reporting and enhanced operational efficiency, as…
Along with SAP’s main software program expertise, this collaboration helps organizations by extending sustainability performance into choices tailor-made to particular wants, enhancing operational efficiency. They embody:
- The SAP® Sustainability Management Tower answer: Leveraging experience in sustainability, assurance and reporting, with a broader concentrate on provide chain, EY groups are working with SAP to outline the capabilities wanted for the following technology of sustainability options. EY options leveraging SAP Sustainability Management Tower assist allow organizations to progress from File to Report back to Motion, report in opposition to a number of regulatory frameworks and embed sustainability metrics of their inner efficiency administration processes.
- SAP S/4HANA® Cloud transformation with sustainability on the core: EY groups and SAP are serving to firms embed environmental issues in enterprise processes throughout finance, tax, provide chain, manufacturing and human assets as a part of their digital transformation with SAP S/4HANA Cloud.
- Carbon accounting and the inexperienced ledger idea: EY groups are bringing market-leading local weather change consulting and carbon accounting expertise to assist understand the inexperienced ledger idea envisioned by SAP. Each organizations will collaborate with choose shoppers to additional develop the necessities and analytics wanted to maneuver greenhouse fuel (GHG) accounting from estimates to a extra correct reflection of an organization’s footprint, permitting firms to handle GHG efficiency throughout the enterprise and speed up local weather motion.
- SAP’s Accountable Design and Manufacturing: The EY group is offering real-time authorized and regulatory updates on sustainability incentives, carbon regimes, environmental taxes and tax exemptions throughout the globe, to help SAP’s Accountable Design and Manufacturing answer.
“Organizations have to shift from speaking about pledges and guarantees to showcasing proof of what they’ve achieved, actions taken and progress,” stated EY International Senior Advisor, Steve Varley. “Leveraging correct and comparable sustainability knowledge, on the similar stage as monetary knowledge, can assist accomplish this. This expanded alliance will permit each EY and SAP to supply shoppers with companies, capabilities and expertise wanted to create and shield worth.”
Gunther Rothermel, Co-Common Supervisor and Chief Product Officer for SAP Sustainability, famous, “Collectively, SAP and EY can obtain even better market and planetary influence by working collectively on a joint sustainability ambition. Prospects need the flexibility to trace sustainability metrics the identical approach they do monetary knowledge, and we’re targeted on serving to them try this. Leveraging our already robust collaboration, we’ll assist prospects advance their sustainability journey by embedding sustainability knowledge into enterprise processes and selections.”
As well as, the EY group and SAP plan to proceed with go-to-market exercise to help SAP S/4HANA, the RISE with SAP answer and the GROW with SAP answer with sustainability use circumstances and accelerators.
SOURCE: EY
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