From 6th to 18th November, ministers, negotiators and Heads of States are meeting with climate activists, mayors, civil society representatives and CEOs in Egypt’s coastal city of Sharm el-Sheikh, for the largest annual gathering on climate action – COP27.
The 27th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27) which builds on the conclusions of COP26, aims at delivering action on an array of issues critical to tackling the climate emergency. A crucial component of the same vision is the digital transformation of organisations across the globe, so as to reduce carbon footprint, save energy and promote clean air among other agendas.
SAP provides top technology offerings to mid and large organisations that help them take action on a number of subjects vital to addressing climate change.
Read the following blog to stay up to date with 3 top solutions to make your business actions more sustainable.
Legacy practices like storing data on premise, maintaining documents on paper and turning to non-renewable resources for business use, among others, have proven to have catastrophic effects on the environment. Embrace new-age SAP driven practices to ensure company profits along with environmental sustainability.
Companies today are required to take steps towards achieving a “Climate Positive” status, which means that activities need to go beyond chasing net-zero carbon emissions. To achieve the same, leverage top SAP ESG (Environmental, Social and Governance) analytics tools to accurately assess your company’s carbon footprint and combat its dangers by lowering GHG emissions in real time.
SAP ESG investing aids climate positivity with its triple R policy - Record. Report. Act.
Record: Actuals instead of averages
Record ESG factors with out-of-the-box integration with SAP systems for granular data visibility based on actual data, not averages.
Report: Audit-ready sustainability metrics
Report regulatory compliant sustainability metrics with an open and extensible solution that supports the largest sustainability ecosystem.
Act: Sustainability embedded in business processes
Act by planning your future with actionable insights, forecasts, and target setting so as to manage performance, and mitigate risks to best utilise planned resources.
The remote/hybrid working model is one of the more unconventional sustainability trends which has proven to be effective when combating the results of climate change. When we work from home, we reduce the number of cars on the road and energy used by office buildings, thus reducing overall greenhouse gas emissions and fossil fuel consumption. Several top companies across domains have embraced the hybrid model of working and are now bringing in to office only employees with hardware dependencies, or in-person dependencies.
While the revamped style of working brings with itself challenges like employee loyalty, time management and performance monitoring, SAP brings to you SAP SuccessFactors, a Human Experience Management solution that streamlines collaboration with employees right from onboarding to offboarding.
It employs the concept of a Digital HR to digitalise traditional methods for document verification, learning & development, and performance & time tracking, thus making your organisation more sustainable.
Apart from having a positive impact on the environment, the incorporation of SAP SuccessFactors within your organisation also makes you a champion of Diversity, Equality and Inclusion (DE&I) from a people’s perspective, which are the other important pillars of the sustainability dialogue.
As the effects of climate change intensify, so must our efforts. To make the transition from being a sustainability conversation champion, to taking sustainability action, it is imperative to embrace and incorporate all action items that contribute to the betterment of the environment.
Reach out to us at Exalogic to transform your business models by integrating top SAP tools that help you lay the foundation you need to erect an intelligent enterprise. It is now time to do our bit to take forward the important conversations at COP27, with company action.