Boston Consulting Group (BCG), a leadingstrategy consultancy, announces a partnership with SAP, a market leader in enterprise application software.The joint transformation offering will allow companies to identify the business value in sustainability, setting the right climate ambitions and powering an actionable sustainabilityroadmap.
The SAP and BCG partnership will help companies tackle the generational challenge of climate change and respond to increasing investor pressure and ever stricter regulations. Research from analyst firm IDC shows that sustainability has become a top business priority. “According to one of IDC’s recent enduser surveys, three-quarters of executives involved in their company’s sustainability initiatives believe that environmental, social, and governance(ESG) factors are ‘very important’ for the enterprise value of their organization,” said Bjoern Stengel, the global sustainability research lead at IDC. “BCG and SAP have both been at the forefront of operationalizing sustainable transformation with their clients, and this partnership will further help IT buyers use sustainability-focused technology strategically to achieve their goals.”SAP and BCG offer market-leading solutions in three areas that are of particular relevance in a sustainability transformation—strategy, business model change, and technology innovation— to complement their respective efforts in the sustainability space.
To help companies accelerate on their net-zero-emissions journey with an up to 40% emissions reduction potential,i BCG and SAP will enable companies to integrate leading-edge carbon-tracking measurement and intelligence into their core business operations and strategic decision making. Combining two market-leading solutions in BCG’s CO2 AI and the SAP Product Footprint Managementsolution, the partnership targetsScopes 1,2, and3 via BCG’s CO2 AI as well as an integration into core SAP software throughSAP Product Footprint Management.
To help achievezero waste in supply chains, SAP and BCG 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 organization can achieve its sustainability goals alone,” said Christian Klein, the CEO and a member of the executive board of SAP SE. “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 endtoend and create value for allits stakeholders.”
This new partnership is designed to effect enterprise-wide change, spanning complex supply chains and creating business value from sustainability.
“Ifirmly believe that an organization’s environmental impact will soon be as important to its key stakeholders as its financial performance. Early movers in sustainability can experience more than a10%market premium.ii This is an enormous opportunity for companies around the world. This partnership with SAP will allow our clients to transform at an unprecedented pace,”added Christoph Schweizer, BCG’s CEO.
The Sustainability Transformation offering from BCG and SAPis deployed at lighthouse customers right nowwith an expected broader launch in the third quarter of 2022.
Formedia inquiries, please contact Brian Bannister at bannister.brian@bcg.com or Stacy Ries at stacy.ries@sap.com.
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