Tag: SAP

SAP and the Ellen MacArthur Foundation Announce Circular Economy Partnership to Deliver Regenerative Business

Stuart Mitchell

In an increasingly complex world, partnering across industries and sectors to achieve shared sustainability goals has become an imperative. The enormity of our modern day challenges — including reaching net-zero emissions and significantly reducing plastic and other waste — means that we need to develop entirely new value chains. No business can do that on its own. Businesses and organizations need to act together, leveraging collective networks, influence, and expertise, in order to bring real transformation and generate positive outcomes. SAP has become a partner in the Ellen MacArthur Foundation’s…

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BCG and SAP Join Forces to Transform Companies into Sustainable Enterprises

Stuart Mitchell

Boston Consulting Group (BCG), a leading strategy 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 sustainability road map. 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…

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SAP and Unilever Pilot Blockchain Technology to Support Deforestation-Free Palm Oil

Stuart Mitchell

SAP SE and Unilever have announced a pilot of the GreenToken by SAP solution to further increase traceability and transparency in Unilever’s global palm oil supply chain. Raw materials like palm oil are often mixed with physically identical raw materials from verified sustainable and nonverified sources after the “first mile” of the supply chain, causing the origin information to be either hidden or lost. In a successful proof of concept in Indonesia, Unilever applied GreenToken to source more than 188,000 tons of oil palm fruit. The solution enabled Golden Agri-Resources…

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SAP Finds Eight in Ten UK Consumers Want Brands to Support Local Suppliers

Stuart Mitchell

SAP SE has released research findings that show changing consumer understanding and demands of brands’ supply chains. The survey of 2,000 UK adults, conducted by market research and insight agency Opinium, found that 83% would be more likely to buy from a brand that supports and sources from local suppliers, and 83% would also be willing to compromise for ethically sourced products. At a time when both global and local supply chains face seemingly constant disruption, Nearly three-quarters of UK shoppers (73%) say they have experienced difficulties finding or buying…

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Compass Group, SAP and Zurich Insurance Group join forces to make supply chains fairer and more sustainable across Europe

Stuart Mitchell

A group of forward-thinking global corporations are using their collective purchasing power to open up their supply chains to European social enterprises – businesses which reinvest the majority of their profits into a social or environmental mission – in an effort to contribute to a more inclusive and sustainable post-COVID recovery. Spurred on by the success of the Buy Social Corporate Challenge in the UK, which saw the level of annual social procurement spend hit a record high in 2020, Compass Group, SAP and Zurich Insurance Group are now working…

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