From CSRD Reporting to Sustainable Business Outcomes

NORTHAMPTON, MA / ACCESSWIRE / March 6, 2024 / SAP
Feature by Sophia Mendelsohn

To capture value, leaders are no longer talking about reporting alignment alone but about the opportunity to transform business processes for sustainable impact. By leveraging SAP Sustainability solutions, organizations can move beyond compliance and operationalize sustainability across their business.

Across industries, accurate data is the foundation for both auditable disclosures and reliable insights to steer sustainable transformation. But environmental, social, and governance (ESG) data aggregation and validation can be a daunting challenge given that most companies have not fully integrated their ESG data recording and control into their core financial, procurement, supply chain management, and human resources systems.

For over 50 years, SAP has helped businesses master complexity. With today's evolving ESG regulatory landscape, including the arrival of the EU Corporate Sustainability Reporting Directive (CSRD), SAP is again rising to the complex challenges of enabling customers to record, report, and act on their sustainability obligations. This includes the difficulties in collecting accurate emissions data across internal operations and global supply chains.

Achieving Competitive Advantage with SAP Sustainability Solutions Powered by SAP Business AI

By integrating sustainability data with cloud ERP, SAP can uniquely enable businesses with the agility to keep pace with rapidly evolving ESG standards; link disparate data sources to share trusted, real-time insights with sustainability decision-makers; and achieve their net-zero ambitions.

Companies can start today by adopting SAP Sustainability Control Tower - integrated with SAP S/4HANA Cloud - for ESG data management and reporting. They can extend sustainability management with SAP Sustainability Footprint Management and SAP Sustainability Data Exchange to help accelerate their journey to the green ledger, managing the carbon entering and leaving their systems and balancing their "carbon books" the same way they balance their financial books.

SAP Business AI can take the value of our sustainability solutions to the next level by helping our customers set data-driven ESG and net-zero strategies, increase the transparency of supply chain emissions, automate sustainability reporting, achieve regulatory compliance, find and mitigate ESG-related risks, and better communicate the value of sustainability to their customers - all powered by the world's largest and most comprehensive pool of foundational business data.