Is the real SAP Green Ledger to be found in APAC?
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Key Takeaways
⇨ SAP has launched the Green Ledger, leveraging AI to automate carbon footprint accounting and enhance sustainability efforts for organisations, reducing reliance on manual data.
⇨ The first ESG and AI research centre in Kaohsiung, Taiwan aims to drive digital transformation and support local companies in achieving net-zero emissions while adhering to sustainability standards.
⇨ SAP's AI-powered tools significantly improve ESG reporting efficiency, cutting manual processes by 75% and costs by 80%, while also collaborating with local institutions to address sustainability talent gaps.
This week SAP announced the general availability of its carbon footprint accounting and analysing solution, SAP Green Ledger, to help organisations reduce their dependency on manual data for their carbon accounting. In a webinar on the launch, it was revealed SAP Green Ledger will allow for the creation of carbon postings using SAP’s AI copilot, Joule, thus providing an interesting space where ESG and AI work in tandem to help SAP Insiders meet sustainability goals. But in the here and now and in a brick-and-mortar sense, SAP has working in both themes already in its first ever ESG and AI Research Centre, as found in APAC.
September saw SAP’s first ESG and AI research centre open in Kaohsiung, Taiwan, to promote sustainable transformation for Taiwanese companies. The new centre, located in Yawan Smart Technology Innovation Park, within Kaohsiung City’s Asia New Bay Area, is designed to spearhead the digital transformation and AI-driven sustainability efforts by aiding businesses in reaching net-zero emissions and meeting global sustainability standards.
Additionally, the ESG and AI research centre has introduced Taiwan’s first SGS-certified greenhouse gas inventory solution, tailored specifically for Taiwanese organisations. The cutting-edge tool simplifies the inventory process, ensuring accurate data and adherence to the Ministry of Environment’s regulations.
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Beyond Green Ledger, SAP’s solutions are already harnessing AI to improve ESG reporting and carbon management. These AI-powered tools enable businesses to generate detailed reports that align with European standards, cutting manual work by 75%. Additionally, SAP’s generative AI features – as found in Joule – support the estimation of carbon emissions and automate data mapping, reducing both time and costs by 80%.
SAP is joining forces with local government, industry leaders, and academic institutions, including Tainan’s National Cheng Kung University, to address the technology and talent gaps in sustainability. This partnership is focused on nurturing a new generation of professionals poised to lead Taiwan’s green transformation.
Upon the launch, Chen Zhiwei, SAP global vice president and general manager for Taiwan stated: “Taiwan is an indispensable player in the global supply chain. Our goal with the new centre is to integrate SAP’s advanced technologies to meet local needs for sustainable supply chain management and carbon reduction.”
What Mastering SAP insiders need to know about ESG and AI
SAP has made significant strides in supporting organisations worldwide on their sustainability journeys. The launch of its ESG and AI Research Center in Kaohsiung, Taiwan, highlights SAP’s commitment to helping businesses meet environmental, social, and governance (ESG) goals through innovative AI and digital solutions. For SAP users looking to enhance their own sustainability efforts, here are key insights:
- AI-Driven ESG Reporting: SAP’s AI-powered tools are transforming ESG reporting by automating carbon emissions estimation and simplifying data mapping. These tools help businesses align with global sustainability standards while reducing manual work by up to 75%.
- Carbon Management Automation: SAP’s generative AI features, including Joule, support businesses in estimating carbon emissions more efficiently, cutting costs and time by up to 80%. This can accelerate the path to net-zero emissions.
- Streamlined Compliance with Regulations: The new SGS-certified greenhouse gas inventory solution, introduced in Taiwan, simplifies the process of tracking and reporting emissions, ensuring compliance with local regulations and international standards.
- AI and Digital Transformation for Sustainability: SAP’s ESG and AI Research Center is a hub for exploring how AI can drive sustainable business practices, offering SAP users a glimpse into future solutions for achieving net-zero emissions and enhancing sustainability efforts.
- Collaboration with Local Governments and Academia: SAP is partnering with governments, industries, and academic institutions to bridge technology and talent gaps in sustainability, providing SAP users with access to cutting-edge research and professional development opportunities.
For Mastering SAP insiders looking to lead in ESG and sustainability, these developments offer valuable insights into how AI and advanced technology can help achieve long-term environmental goals.
