How Traceability and Transparency Can Foster Sustainability in Chemical and Plastics Supply Chains - Seite 2

"This successful trial of SAP Green Token represents another key milestone on our mission to establish the ‘green line' alongside the top and bottom lines as key performance dimensions," says Gunther Rothermel, head of Sustainability Engineering at SAP. "This solution offers our customers an easy way to have complete visibility into the origin and chain of custody of their bio- and circular-based feedstock and allows them to prove to their customers, international standard agencies, and their board that they have a concrete, auditable way of proving their circular performance against their sustainability KPIs."

The blockchain technology helps prevent double counting of claims and create trust; it can make the production of sustainable plastic easier to verify and thus certifiable, which is particularly important in terms of customer demand, regulatory compliance, and the ability to charge a price premium.

Rapid Adoption Crucial for Sustainable Plastics

"Accelerating the circular economy requires driving demand for circular plastics," said Diane Marret, sustainability director for Consumer Packaging North America at Berry Global. "Integrating mass balance-accounted materials into SAP Green Token's centralized, global IT system helps reduce risk in our reporting accuracy, minimize manual efforts through automation, and build confidence and trust in our ability to manage circular materials."

Read more about this pilot in the newly published SAP Green Token white paper. For more information on how SAP helps companies record, report, and act on their sustainability goals, visit www.sap.com/sustainability and www.green-token.io.

View additional multimedia and more ESG storytelling from SAP on 3blmedia.com.

Contact Info:
Spokesperson: SAP
Website: https://www.3blmedia.com/profiles/sap
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SOURCE: SAP

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