Now Reading
Learn How the Green Ledger Best Practice Supports Sustainability Goals
By Judith Magyar
Learn How the Green Ledger Best Practice Supports Sustainability Goals
By Judith Magyar
Published 03-12-24
Submitted by SAP
Originally published by Forbes
According to the UN Climate Finance Framework, private sector finance is the largest source of financial flows for climate action, particularly mitigation. But you can’t mitigate what you can’t measure.
To help companies manage sustainability business data from the bottom-up with actual data on a transactional level, SAP developed an accounting system for emissions data that is as auditable, transparent, and reliable as a system for measuring financial data. The data is vital to seeing holistically across the value chain to understand where emissions are occurring, setting accurate net-zero targets, and identifying specific areas for decarbonization impact.
Continue reading here
SAP
SAP
SAP’s strategy is to help every business run as an intelligent, sustainable enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: SAP customers generate 87% of total global commerce. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want – without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people’s lives.
More from SAP
