Recently announced it is joining the CEO Carbon Neutral Challenge issued by Gucci President and CEO Marco Bizzarri pledging to support global business in the transition to a low-carbon economy.
“SAP is not only a world-leading innovation and technology company, we are a world-leading sustainability company,” said Jennifer Morgan, Co-CEO and Member of the Executive Board, SAP. “Marco Bizzarri’s CEO Carbon Neutral Challenge is complementary to our own commitment to helping businesses use innovative technology to achieve their most ambitious climate goals so they can take responsible actions and make a positive difference.”
The CEO Carbon Neutral Challenge underscores the need for companies to take urgent action and implement a 360° climate strategy to create positive outcomes. The cornerstone of the challenge to businesses is to take full responsibility and accountability for the total greenhouse gas (GHG) emissions they generate, deliver nature-based climate solutions that mitigate emissions and drive positive change.
“As businesses, we must all own up to the total GHG emissions our activities generate and, at the same time, invest in nature-based solutions to protect our world’s critical forests and biodiversity, simultaneously helping to mitigate climate change,” said Gucci President and CEO Marco Bizzarri. “I applaud SAP’s commitment to join the CEO Carbon Neutral Challenge. The leadership they are showing by doing so will help create a future in which society can thrive and business can succeed, while nature is restored and protected.”
In line with the criteria set forth by the CEO Carbon Neutral Challenge, SAP had already established an approach to helping customers transition to a low-carbon economy and deliver on their climate goals including:
• Creating greater efficiency, transparency and accountability of carbon and emissions across the entire supply chain
• Innovating new processes and business models
• Helping companies engage with industry, government and their consumers
SAP is helping companies track carbon emissions from their upstream supply chains to downstream logistics, including procurement, operations and manufacturing. In the transition to new sustainable business models, SAP has a team of innovation services and solutions professionals focused on enabling customers to embrace disruption and transform their business through innovation using intelligent technologies such as Internet of Things (IoT), machine learning, artificial intelligence (AI), blockchain and advanced data analytics.