Friday, March 29, 2024

BCG and SAP Partnering on Corporate Sustainability Offering

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BOSTON — Boston Consulting Group (BCG) and SAP are working together to “transform” companies into sustainable enterprises.

The joint transformation offering will allow companies to identify the business value in sustainability, setting the “right climate ambitions and powering an actionable sustainability road map,” according to SAP this month.

SAP and BCG believe the partnership will help clients respond to “increasing investor pressure and ever-stricter regulations” tied to sustainability.

Research from the analyst firm IDC shows that sustainability has become a “top business priority.”

The partnership is designed to affect enterprise-wide change, spanning complex supply chains.

The Sustainability Transformation offering from BCG and SAP is deployed at lighthouse customers, with an expected broader launch in the third quarter of 2022.

SAP and BCG are offering solutions in three areas — strategy, business model change, and technology innovation — to complement their efforts in the sustainability space.

For instance, the sustainability transformation efforts will be guided by the SAP Sustainability Control Tower solution and BCG’s Compliance Target Operating Model to focus on business value and regulatory requirements.

The partners are combining BCG’s CO2 AI and the SAP Product Footprint Management solution.

To help companies accelerate on their net-zero-emissions journey, BCG and SAP will enable companies to integrate carbon-tracking measurement and intelligence into their core business operations and strategic decision making.

They will also assess the circularity in a company’s portfolio across its entire supply chain and product portfolio, using BCG’s CIRCelligence and the SAP Responsible Design and Production solution to accelerate the zero-waste journey.

“Sustainable businesses will create positive impacts for future generations, but no organization can achieve its sustainability goals alone,” said Christian Klein, CEO and member of the executive board, SAP.

“Being sustainable requires coordination across the value chain, and this is where SAP’s partnership with BCG plays a key role.”

Christoph Schweizer, CEO of BCG, said that an organization’s “environmental impact will soon be as important to its key stakeholders as its financial performance.”

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