To improve the world’s well-being and drive success, SAP prioritizes sustainability, promotes carbon-neutral operations, and helps customers develop smart, sustainable businesses.
SAN ANTONIO , Nov. 14, 2024 /PRNewswire/ — Frost & Sullivan recently evaluated digital sustainability in the energy, oil and gas industry and named SAP the 2024 Global Company of the Year based on the results. Recognized with an award. The company is a global technology leader in enterprise application software and services. Its extensive suite of applications and solutions spans areas such as supply chain management, finance, and data analytics, enabling companies to adapt to changing market conditions. Additionally, as efforts to reduce emissions spread across all industries, SAP is well-positioned to guide customers toward sustainable practices. In line with the United Nations Sustainable Development Goals, SAP aims to achieve net-zero emissions across its value chain by 2030 and is continuously improving energy efficiency. The company is committed to eliminating e-waste, improving waste management, reducing water consumption and raising sustainability awareness by 2030.
The company is a global technology leader in enterprise application software and services.
SAP’s comprehensive suite of products reduces environmental impact and increases sustainability and efficiency across a variety of industries. The company’s solutions address limitations in hydrogen availability and support the growth of sustainable transportation, facilitating the creation of new markets such as hydrogen fuel cell vehicles. SAP also helps convert traditional refineries into biodiesel production facilities, align operations with global sustainability goals, and capitalize on renewable energy opportunities. Additionally, end-to-end value chain management improves operational efficiency and regulatory compliance, enabling customers to effectively innovate and achieve sustainability goals. SAP’s ‘We Measure’ program allows organizations to measure their carbon footprint at different levels and set and track key performance indicators (KPIs) related to their CO2 impact. In addition, SAP supports the creation of sustainability reports that comply with standards such as the Center for Sustainable Rural Livelihoods and the Global Reporting Initiative, and automates data collection and reporting processes to increase accuracy and efficiency.
Samantha Fisher, Best Practices Research Analyst at Frost & Sullivan said: “Underscoring the importance of harmonized data for effective sustainability reporting, SAP solutions such as Enterprise Sustainability Hub integrate data from various sources, including SAP and non-SAP systems, to Our approach supports customers at a variety of sustainability maturity levels, from manual spreadsheet-based processes to fully automated systems.”
SAP helps organizations across industries such as utilities, water, wastewater, and power effectively manage their environmental impact and advance sustainability initiatives. By combining its technology with the expertise of its partners, the company helps organizations achieve sustainability goals while maintaining operational and financial performance, converting raw data into driving efficiency and sustainability. Convert it into actionable insights. SAP partnerships highlight our commitment to innovation and sustainability, leveraging collaborative efforts to meet diverse market demands and drive meaningful impact. The company covers the entire environmental data management lifecycle, from records and accounting to reporting and action, enabling comprehensive monitoring and actionability. By enabling advanced digital technologies and robust analytics, SAP is accelerating the adoption of sustainable practices and positioning itself as a key partner in the digital transformation of the energy and O&G industry.
“SAP is integrating our sustainability efforts into our operations and solutions to increase transparency and customer trust. “The company continues to be a trusted partner and has a reputation for providing the best overall service in the market.” industry analyst Paulina Blaszczyk added.
Each year, Frost & Sullivan presents the Company of the Year Award to an organization that has demonstrated excellence in growth strategy and execution in its field. This award recognizes high levels of product and technology innovation and resulting leadership in customer value and market penetration.
The Frost & Sullivan Best Practices Awards recognize companies that have demonstrated excellence and superior performance in leadership, innovation, customer service, and strategic product development in a variety of regional and global markets. Industry analysts compare market participants, measure performance, and identify industry best practices through in-depth interviews, analysis, and extensive secondary research.
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