Boston Consulting Group (BCG) and SAP have teamed up to help organisations identify the business value in sustainability and accelerate their strategies to achieve their net zero ambitions.
With analyst firm IDC highlighting how sustainability has become a top business priority, the joint initiative seeks to help companies tackle the generational challenge of climate change and respond to increasing investor pressure and ever stricter regulations.
To help companies accelerate on their net zero emissions journey with an up to 40 percent emissions reduction potential, BCG and SAP will help companies to integrate carbon-tracking measurement and intelligence into their core business operations and strategic decision-making.
Combining BCG’s CO2 AI and the SAP Product Footprint Management solution, the partnership targets Scopes 1, 2, and 3 via BCG’s CO2 AI as well as an integration into core SAP software through SAP Product Footprint Management.
SAP and BCG also seek to enable organisations achieve zero waste in supply chains. To do this, the two companies will assess the circularity opportunity in a company’s portfolio across its entire supply chain and product portfolio. Based on BCG’s CIRCelligence and the SAP Responsible Design and Production solution, this offering will enable customers to accelerate the zero-waste journey.
The sustainability transformation efforts of customers will be guided by a Holistic Steering and Reporting solution backed by the SAP Sustainability Control Tower solution and BCG’s Compliance Target Operating Model to help ensure that the transformation is driven with a focus on business value and that companies comply with all regulatory requirements.
“Sustainability presents a unique opportunity to create a lasting, positive impact for future generations, but no organisation can achieve its sustainability goals alone,” said Christian Klein, the CEO and a member of the executive board of SAP SE.
He added that being sustainable requires coordination across the value chain, and this is where SAP’s partnership with BCG plays a key role.
“Bringing together BCG’s expertise, tools, and services and SAP’s technology, our Sustainability Transformation offerings give companies the transparency, actionable data, and strategic guidance they need to successfully tackle sustainability end to end and create value for all its stakeholders,” he said.
This new partnership is designed to effect enterprise-wide change, spanning complex supply chains and creating business value from sustainability.
“I firmly believe that an organisation’s environmental impact will soon be as important to its key stakeholders as its financial performance. Early movers in sustainability can experience more than a 10 percent market premium. This is an enormous opportunity for companies around the world. This partnership with SAP will allow our clients to transform at an unprecedented pace,” said Christoph Schweizer, BCG’s CEO.
The Sustainability Transformation offering from BCG and SAP is deployed at lighthouse customers right now with an expected broader launch in the third quarter of 2022.
