SAP Sustainability Data Exchange Now Available To Help Companies Achieve Net-Zero Goals
SAP has announced the general availability of SAP Sustainability Data Exchange, a SaaS application enabling standardized carbon data sharing across supply chains. This solution helps companies move from estimates to actual upstream emission data, supporting their net-zero goals. The application integrates with SAP S/4HANA and SAP Sustainability Footprint Management for accurate product carbon footprint calculations.
The platform is certified by Catena-X and compliant with PACT standards, ensuring interoperability and standardization in carbon data exchange. WITTE Automotive, an early adopter, uses the solution to calculate and exchange product carbon footprints with partners. The system leverages SAP Business Network, which processes nearly US$6 trillion in annual commerce through 750 million transactions.
SAP ha annunciato la disponibilità generale di SAP Sustainability Data Exchange, un'applicazione SaaS che consente la condivisione standardizzata dei dati sul carbonio attraverso le catene di approvvigionamento. Questa soluzione aiuta le aziende a passare da stime a dati reali sulle emissioni upstream, supportando i loro obiettivi di neutralità carbonica. L'applicazione si integra con SAP S/4HANA e SAP Sustainability Footprint Management per calcoli accurati dell'impronta di carbonio dei prodotti.
La piattaforma è certificata da Catena-X e conforme agli standard PACT, garantendo interoperabilità e standardizzazione nello scambio di dati sul carbonio. WITTE Automotive, un primo utilizzatore, utilizza la soluzione per calcolare e scambiare le impronte di carbonio dei prodotti con i partner. Il sistema sfrutta la SAP Business Network, che gestisce quasi 6 trilioni di dollari in commercio annuale attraverso 750 milioni di transazioni.
SAP ha anunciado la disponibilidad general de SAP Sustainability Data Exchange, una aplicación SaaS que permite el intercambio estandarizado de datos de carbono a lo largo de las cadenas de suministro. Esta solución ayuda a las empresas a pasar de estimaciones a datos reales sobre emisiones upstream, apoyando sus objetivos de neutralidad de carbono. La aplicación se integra con SAP S/4HANA y SAP Sustainability Footprint Management para cálculos precisos de la huella de carbono de los productos.
La plataforma está certificada por Catena-X y cumple con los estándares PACT, asegurando interoperabilidad y estandarización en el intercambio de datos de carbono. WITTE Automotive, un primer adoptante, utiliza la solución para calcular e intercambiar las huellas de carbono de los productos con sus socios. El sistema aprovecha SAP Business Network, que procesa casi 6 billones de dólares en comercio anual a través de 750 millones de transacciones.
SAP는 공급망 전반에 걸쳐 표준화된 탄소 데이터 공유를 가능하게 하는 SaaS 애플리케이션인 SAP Sustainability Data Exchange의 일반 가용성을 발표했습니다. 이 솔루션은 기업이 추정치에서 실제 상류 배출 데이터로 전환하도록 도와주며, 그들의 탄소 중립 목표를 지원합니다. 이 애플리케이션은 SAP S/4HANA 및 SAP Sustainability Footprint Management와 통합되어 제품의 탄소 발자국 계산을 정확하게 수행합니다.
이 플랫폼은 Catena-X의 인증을 받았으며 PACT 기준을 준수하여 탄소 데이터 교환의 상호 운용성과 표준화를 보장합니다. 초기 도입자인 WITTE Automotive는 이 솔루션을 사용하여 파트너와 제품의 탄소 발자국을 계산하고 교환합니다. 이 시스템은 연간 거의 6 조 달러의 상업 거래를 7억 5천만 건의 거래를 통해 처리하는 SAP 비즈니스 네트워크를 활용합니다.
SAP a annoncé la disponibilité générale de SAP Sustainability Data Exchange, une application SaaS permettant un échange standardisé des données sur le carbone à travers les chaînes d'approvisionnement. Cette solution aide les entreprises à passer d'estimations à des données réelles sur les émissions en amont, soutenant ainsi leurs objectifs de zéro émission nette. L'application s'intègre à SAP S/4HANA et à SAP Sustainability Footprint Management pour des calculs précis de l'empreinte carbone des produits.
La plateforme est certifiée par Catena-X et conforme aux normes PACT, garantissant l'interopérabilité et la standardisation dans l'échange de données sur le carbone. WITTE Automotive, un précurseur, utilise la solution pour calculer et échanger les empreintes carbone des produits avec ses partenaires. Le système exploite le SAP Business Network, qui traite près de 6 trillions de dollars de commerce annuel à travers 750 millions de transactions.
SAP hat die allgemeine Verfügbarkeit von SAP Sustainability Data Exchange angekündigt, einer SaaS-Anwendung, die einen standardisierten Austausch von Kohlenstoffdaten über Lieferketten hinweg ermöglicht. Diese Lösung hilft Unternehmen, von Schätzungen zu tatsächlichen upstream Emissionsdaten überzugehen und unterstützt sie dabei, ihre Netto-Null-Ziele zu erreichen. Die Anwendung integriert sich mit SAP S/4HANA und SAP Sustainability Footprint Management für präzise Berechnungen des Kohlenstofffootprints von Produkten.
Die Plattform ist von Catena-X zertifiziert und erfüllt die PACT-Standards, wodurch Interoperabilität und Standardisierung im Austausch von Kohlenstoffdaten gewährleistet sind. WITTE Automotive, ein früher Anwender, nutzt die Lösung, um die Kohlenstofffootprints von Produkten mit Partnern zu berechnen und auszutauschen. Das System nutzt das SAP Business Network, das jährlich fast 6 Billionen Dollar an Handelsvolumen über 750 Millionen Transaktionen bearbeitet.
- None.
- None.
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 general availability of SAP Sustainability Data Exchange, a SaaS application that can enable standardized carbon data sharing.
While it's relatively straightforward to control and reduce a company's direct emissions, mitigating those that arise along the whole supply chain requires a lot of time, collaboration, and data sharing. One major challenge companies face is outdated tools, such as spreadsheets or questionnaires, and disconnected processes to collaborate with their network. Furthermore, the lack of standardized carbon footprint calculations and exchange methods has led to a variety of different approaches to collect and report on data, resulting in many organizations relying only on industry averages rather than actual numbers.
Managing carbon to accelerate a net-zero future makes measurability critically important. That is where technology and innovation can make a real difference. With SAP Sustainability solutions and our ERP-centric, cloud-based, AI-enabled approach, we support our customers to use integrated sustainability data and embed it holistically into their core business processes.
What Is SAP Sustainability Data Exchange?
SAP Sustainability Data Exchange helps facilitate standardized carbon data exchange between partners along the supply chain, supporting organizations to move from estimates to actuals in their upstream emission data. The application allows users to share emissions data to help implement their net-zero strategy and take climate action by identifying products or processes with high potential for CO2 reduction, avoiding double emissions counting, and optimizing footprints with actual supplier data. It helps drive scalability, standardization, and trust in carbon data exchange across the supply chain.
SAP Sustainability Data Exchange is seamlessly embedded into the SAP landscape, connecting to SAP S/4HANA for master data replication and integrating with SAP Sustainability Footprint Management to help enable accurate product carbon footprint calculations on a large scale.
To Harness the Power of Networks, Standardization Is Key
To be able to exchange carbon footprint values, standardization and interoperability with industry networks and frameworks are key, as they foster co-innovation and collaboration without a loss of data sovereignty. SAP Sustainability Data Exchange is interoperable and compliant with the new standards set by the automotive network Catena-X and the Partnership for Carbon Transparency (PACT) by the World Business Council for Sustainable Development (WBCSD).
PACT, for example, developed the global standard for calculating and exchanging consistent, comparable, and credible emission data that occurs along a company's value chain and is outside its direct control, known as scope 3 emissions. Catena-X works closely with PACT to establish a joint standardization foundation on carbon accounting and sharing while adding industry-specific extensions.
Catena-X has certified SAP Sustainability Data Exchange for its sustainability use case. WITTE Automotive, a tier 1 automotive supplier, was one of the first customers to harness the application when it faced challenges in calculating its product carbon footprint in a standardized way to exchange product carbon footprint values with both customers and suppliers. With SAP Sustainability Data Exchange, WITTE Automotive can integrate the supplier footprints it receives through the Catena-X network, precisely calculate the product carbon footprint of parts and components, and publish the calculated values of its finished products within the network.
"This open and collaborative data ecosystem perfectly reflects SAP's vision to enable every organization to become a network of intelligent, sustainable enterprises and gives the companies leveraging the Catena-X automotive network access to a broad portfolio of SAP solutions, from enabling the traceability of products across multiple parties in the supply chain to tracking and calculating the scope 3 emissions."
- Christian Klein, CEO, SAP SE
In addition, SAP Sustainability Data Exchange embraces the power of SAP Business Network, leveraging the depth and breadth of a global network trusted by millions of businesses, through which nearly US
A Core Pillar of the Green Ledger
Having an accurate view of carbon emissions across the entire supply chain not only enables data exchange but can have a real impact on the bottom line. Many companies want to make carbon an integral part of the corporate balance sheet, measuring and managing it with the same precision as cash - therefore treating carbon like money. The use of SAP Sustainability Data Exchange and SAP Green Ledger, which will be generally available at the end of 2024, can provide a strong basis for making financial decisions.
Start the SAP Sustainability Data Exchange product tour here to learn more.
SAP Sustainability solutions can support even more than carbon management and environmental, social, and governance (ESG)-related disclosures. Check out our sustainability page to learn more about support for operational compliance and material transition and subscribe to the sustainability newsletter to stay up-to-date.
View additional multimedia and more ESG storytelling from SAP on 3blmedia.com.
Contact Info:
Spokesperson: SAP
Website: https://www.3blmedia.com/profiles/sap
Email: info@3blmedia.com
SOURCE: SAP
View the original press release on accesswire.com
FAQ
What is SAP Sustainability Data Exchange and when was it released?
How does SAP Sustainability Data Exchange integrate with other SAP products?
Which industry standards does SAP Sustainability Data Exchange comply with?
When will SAP Green Ledger be available?
