How Global Regulations and High-Tech Can Help End Plastic Pollution

Rhea-AI Summary

SAP is taking a leading role in the business coalition to end plastic waste, leveraging its software to help customers manage material flows, including plastics. SAP's customers generate almost 90% of the world's global business, giving the company unique insights into the challenges posed by complex regulations and the need to align upstream efforts with downstream solutions.

The company is observing a new trend towards eco modulation, which involves material-level incentives to promote the use of more recyclable materials. SAP believes that businesses can play a important role in eliminating plastic pollution and is committed to supporting this effort through its technology and expertise.

Positive

• SAP's customers generate almost 90% of global business, providing extensive market reach
• SAP is playing a key role in the business coalition to end plastic waste
• The company's software helps customers manage material flows, including plastics

Negative

• None.

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 understand current material flows and align upstream efforts with downstream solutions."

"We're seeing a new focus on eco modulation with material level incentives to use more recyclable materials," said Jamieson. "Businesses can play a pivotal role in eliminating plastic pollution, and we're here to help."

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SOURCE: SAP

View the original press release on accesswire.com

FAQ

What role is SAP (SAP) playing in addressing plastic pollution?

SAP is playing a key role in the business coalition to end plastic waste, offering software solutions to help customers manage material flows, including plastics, and supporting businesses in navigating complex regulations to reduce plastic pollution.

How much of global business is generated by SAP (SAP) customers?

According to the press release, SAP customers generate almost 90% of the world's global business, giving the company significant insight into global business challenges and material flow management.

What is eco modulation in the context of SAP's (SAP) efforts to reduce plastic waste?

Eco modulation, as mentioned by SAP, refers to material-level incentives designed to encourage the use of more recyclable materials. This approach is part of SAP's strategy to help businesses play a pivotal role in eliminating plastic pollution.