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NORTHAMPTON, MA / ACCESSWIRE / November 27, 2024 / SAP Feature by Alexandra van der Ploeg After 14 years of championing social entrepreneurship and social innovation, we've learned a few things. But one stands out above the rest: ecosystem development is everything. So why are so few investing in it? It's easy to pour funds into the next big idea, but without a robust ecosystem to support these innovations even the most groundbreaking social enterprises struggle to scale their impact. That's why...

NORTHAMPTON, MA / ACCESSWIRE / November 25, 2024 / SAP Feature by Gunther Rothermel Next month, business leaders, government officials, policymakers, and innovators from all over the world will get together for COP29 to tackle the most pressing sustainability challenges. This is where innovative technology plays a huge role in efficiently acting on climate goals and achieving net-zero emissions. To transform the way companies collect, share, and analyze carbon-related data, SAP has announced the...

WALLDORF, GERMANY / ACCESSWIRE / September 27, 2024 / SAP SE (NYSE:SAP) announced a partnership with Ambipar (B3:AMBP3)(NYSE:AMBI), a global leader in environmental solutions with operations in 40 countries, to bring Net Zero as a Service to customers and support the fight against climate change. Net Zero as a Service brings together a combination of SAP's robust cloud solutions and Ambipar's deep carbon credit generation and trading expertise to help customers seamlessly manage and offset...

NORTHAMPTON, MA / ACCESSWIRE / September 26, 2024 / SAP Feature by Alexa MacDonald Starting in 2024, SAP is doubling down on its net-zero strategy by expanding its commitment to nature conservation and making financial contributions to climate projects. The financial contribution will support carbon removal and carbon reduction projects: Carbon removal projects : These projects remove carbon emissions from the atmosphere and store them for decades - in an ideal scenario, the storage is...

NORTHAMPTON, MA / ACCESSWIRE / September 25, 2024 / SAP Sophia Mendelsohn, Chief Sustainability and Commercial Officer, SAP AI has the potential to significantly bolster sustainability efforts. But we should not view it as a silver bullet - it also has drawbacks. Managing those drawbacks and ensuring the right return on investment in AI tech is key. Originally published by World Economic Forum The global community stands at a critical juncture. With 2023 recording the hottest temperatures to...

NORTHAMPTON, MA / ACCESSWIRE / September 24, 2024 / SAP By Gunther Rothermel A company with a sustainability strategy that lacks a sustainability management system is akin to a rowing boat attempting to travel upriver without a paddle. Without the right data, tools, and a structured approach to environmental, social, and economic decision-making, the company risks being carried downstream. There are two major drivers behind the need for companies to implement a robust sustainability management...

Feature by Gordon Donovan The 2024 Economist Impact report highlights the strategic importance of procurement in managing risk and driving sustainability. As previously reported , procurement is gaining prominence in the C-suite, and it can play a critical role in driving resilience, including with environmental, social, and governance (ESG) objectives. NORTHAMPTON, MA / ACCESSWIRE / September 16, 2024 / In the Economist Impact report, titled " Across the procurement-verse: Changing trends in...

NORTHAMPTON, MA / ACCESSWIRE / September 12, 2024 / Young people from Manhattan to Mongolia are leveraging technology to address issues of climate change. Those most impacted are also the most incentivized to do something about it. Over 1 billion children - half of all children globally - are at an "extremely high risk" due to the impacts of climate change. Organizations that support young people, including UNICEF, are rallying their support around young innovators addressing the opportunities...

Feature by Hemang Desai NORTHAMPTON, MA / ACCESSWIRE / August 14, 2024 / With over 10 million social enterprises operating globally, generating US$2 trillion in revenue annually , and creating 200 million jobs, these businesses are effecting sustainable societal change by putting people and planet first. With the world in a state of polycrisis - a term describing the simultaneous occurrence of several catastrophic events such as conflict, poverty, unemployment, and climate change - social...

Feature by Monica Molesag NORTHAMPTON, MA / ACCESSWIRE / July 26, 2024 / SAP is one of the most sustainable companies on the planet in 2024, according to a recent study conducted by TIME magazine and data firm Statista. It ranks 15 th out of 500 companies on the list, outperforming Cisco, Microsoft, and ServiceNow. The 2024 sustainability study measures how organizations are tracking against climate programs, such as the 1.5°C Science Based Targets initiative (SBTi) target or the Carbon...

By Judith Magyar NORTHAMPTON, MA / ACCESSWIRE / July 17, 2024 / SAP Originally published on Forbes SAP is playing a key role in the business coalition to end plastic waste, and its software has been helping customers to manage material flows, including plastics, for decades. "With SAP customers generating almost 90% of the world's global business, we understand first-hand the challenges of today's complex and fragmented web of regulations," said Jamieson. "We know how difficult it is to...

Feature by Susan Galer NORTHAMPTON, MA / ACCESSWIRE / June 27, 2024 / There's no better proving ground for the incredible power of digitalized food chains than India, one of the most populated countries worldwide. As India's leading food agritech company, WayCool Foods has pioneered a data-driven strategy designed to close the gap between supply and demand, decreasing food waste and increasing revenue for every organization across the value chain. "With one integrated platform that connects data...

Feature by Gloria Figaroa NORTHAMPTON, MA / ACCESSWIRE / June 24, 2024 / Forests are rapidly disappearing around the world, with deforestation and forest degradation currently posing the biggest threats to the world's woodlands. In a bid to halt this devastating situation, the EU is in the process of implementing the EU Regulation on Deforestation-free (EUDR) products. The Burning Platform Around 10% of the world's forests - an area larger than the European Union - have been lost over the past...

NORTHAMPTON, MA / ACCESSWIRE / June 12, 2024 / SAP Feature by Stephan Mueller What if enterprise decisions considered both profit and planet, empowering every level of a company to make better product, pricing, financial, and investment choices? It's not only possible, it is an achievable reality according to new research conducted by SAP and Technical University of Munich. Carbon management can add emission quantities to existing financial accounting and connect emissions and finance at the...

Feature by Sophia Mendelsohn NORTHAMPTON, MA / ACCESSWIRE / June 7, 2024 / SAP Sustainability has evolved from a boardroom buzzword to a critical driver of business success and strategic differentiation. To thrive, companies are going to need to understand how to operate in a modern, low-carbon, circular economy. SAP solutions will support them by embedding sustainability into every aspect of their operations. At our customer flagship event, SAP Sapphire , we're discussing how we support...

NORTHAMPTON, MA / ACCESSWIRE / May 7, 2024 / SAP Feature by Heather Davies Last week the UN Plastics Treaty reached its final stages of negotiations at INC-4 in Ottawa, Canada, to develop a legally binding, international agreement to tackle plastic pollution across the entire plastics life cycle. The fifth and final round of negotiations is due to complete by the end of this year, where an agreement is expected to be formally ratified in 2025. The treaty represents a once-in-a-lifetime...

NORTHAMPTON, MA / ACCESSWIRE / March 20, 2024 / SAP Feature by Sophia Mendelsohn The U.S. Securities and Exchange Commission (SEC) announced new rules requiring many large U.S.-listed public companies to disclose climate-related risks that have a material impact on their financials, operations, or business strategy. Specifically, companies registered with the SEC now must disclose their Scope 1 and 2 emissions, as in those resulting from both their direct emissions and purchases of electricity...

NORTHAMPTON, MA / ACCESSWIRE / March 13, 2024 / SAP By Judith Magyar Originally published by Forbes Suspensys, one of Randoncorp's companies, developed the Hybrid R Line, an exclusive electric traction system that uses an auxiliary system of intelligent algorithms to recover energy generated during braking and descents, enabling the trailer to help the truck to climb uphill more effectively and safely. Depending on the application, the road conditions and the type of cargo transported, the new...

NORTHAMPTON, MA / ACCESSWIRE / March 11, 2024 / SAP By Judith Magyar Originally published by Forbes According to the UN Climate Finance Framework , private sector finance is the largest source of financial flows for climate action, particularly mitigation. But you can't mitigate what you can't measure. To help companies manage sustainability business data from the bottom-up with actual data on a transactional level, SAP developed an accounting system for emissions data that is as auditable,...

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...