Accenture and SAP extend decades-long partnership to help companies embed sustainability across the spectrum of their business operations – from strategy to execution – to unlock new value across their businesses and across their chains of value and supply.
By combining SAP technology with Accenture’s sustainability services and extensive industry knowledge, the partners are expanding their alliance to jointly create new solutions that can enable companies to accelerate their progress in fully decarbonizing their supply chains. supply and capture their share of the expected economic growth of $ 4.5 trillion. that the circular economy could bring.
Through this extended partnership, Accenture and SAP plan to co-innovate and co-develop the new SAP solution for responsible production and design, which includes capabilities that help companies integrate sustainability measures into their value chains. and sourcing with an emphasis on product design and manufacture.
By using integrated data from all operations, companies can better design and manufacture products with less waste, improved recyclability and more recycled content.
It will also help reduce the growing cost of compliance through new packaging regulations and Extended Producer Responsibility (EPR).
“Our collaboration will enable SAP customers, which include 92% of Forbes Global 2000, to use their core systems to help them drive their sustainability agenda, optimize their ESG performance and achieve their goals,” said Julie Sweet, CEO of Accenture. .
“This expanded collaboration builds on our long history with SAP – including our joint partnership with the United Nations Global Compact and 3M – and our shared commitment to fostering the adoption of the Sustainable Development Goals.”
Accenture also supports SAP’s Climate 21 initiative, which enables companies across all industries to use analytics to measure and minimize carbon dioxide (CO2) emissions and reduce the carbon footprint throughout the lifecycle of the business. product.
For example, research shows that emissions from upstream suppliers are on average five times higher than those from direct operations. With the addition of sustainability measures throughout the end-to-end supply chain, companies gain an integrated view of environmental savings and cost impacts and more easily optimize their operations.
“To successfully tackle the greatest threat to our world today, we must collaborate at all levels of business and society,” said Christian Klein, CEO of SAP.
“Building on our long-standing and trusted partnership, SAP and Accenture are joining forces to help our customers achieve long-term, sustainable growth.
“We create visibility on the environmental impact across the entire value chain, providing businesses with the information they need to take the right actions and accelerate their transition to the circular economy.
Last month, SAP and Accenture launched a global sustainability-focused acceleration program at SAP.iO Foundries in Berlin and Munich.
The Sustainable Future program, SAP.iO’s largest cohort to date, aims to help early-growth B2B startups drive digital transformation and innovation in four target areas: carbon tracking and trading, resource efficiency, climate risk monitoring and mitigation and the circular economy. .
Thirteen startups have been selected to work with SAP.iO Foundries, in tandem with Accenture experts and leading companies in various industries.
“Implementing sustainable supply chain management and circular economy principles is an extremely difficult task for companies, given the diversity of ESG issues and the multiple stakeholders involved,” said Bjoern Stengel , senior research analyst, Worldwide Business Consulting and ESG Business Services at IDC.
“According to IDC research, issues related to the value creation process of companies – product design and lifecycle management, material sourcing, etc. – are the ESG topics that will generate the greatest demand in the short term.
“This new offering from Accenture and SAP enables customers to generate end-to-end, data-driven, critical information that takes into account the non-financial metrics needed to build sustainable supply chains and help businesses move forward. create shared value. ”
This collaboration is the latest in a series of initiatives from Accenture and SAP that are helping companies capture the value of sustainability.
The United Nations Global Compact with the support of Accenture and SAP SE, supporting the Sustainable Development Goals (SDGs), launched ODD Ambition in January 2020 and published the SDG Ambition & Integration guides in September 2020.
Together, thanks to the SDG Ambition Accelerator which began in February 2021, more than 600 companies in 65 countries are being upgraded to apply these tools to their businesses.