SAP and Boston Consulting Group Partner to Drive Sustainability Transformation

Strategic Insights

Mar 27, 2022 — 1 min read

A new partnership between SAP, a leader in enterprise application software, and Boston Consulting Group (BCG), a global strategy consultancy, aims to help companies identify the business value in sustainability and tackle the generational challenge of climate change. With increasing investor pressure and stricter regulations, companies are prioritizing sustainability more than ever. Research from IDC shows that three-quarters of executives believe environmental, social, and governance (ESG) factors are critical to their organization's value.

Key Takeaways:

The partnership will offer a joint transformation solution that enables companies to identify the business value in sustainability, set climate ambitions, and create an actionable sustainability roadmap.
The solution will target Scope 1, 2, and 3 emissions reduction through BCG's CO2 AI and SAP Product Footprint Management solution.
BCG and SAP will help companies accelerate their net-zero-emissions journey with up to 40% emissions reduction potential.
The partnership will assess circularity opportunities in a company's portfolio, enabling customers to accelerate the zero-waste journey.
The Sustainability Transformation offering will be guided by a Holistic Steering and Reporting solution to ensure transformation is driven by business value and regulatory compliance.

Statistics:

75% of executives believe ESG factors are "very important" for their organization's enterprise value (IDC end-user survey).
Early movers in sustainability can experience more than a 10% market premium.
The expected launch of the Sustainability Transformation offering is in the third quarter of 2022.

Sources:

IDC (no specific publication date or link provided)
Boston Consulting Group (no specific publication date or link provided)
SAP (no specific publication date or link provided)
IDC's global sustainability research lead, Bjoern Stengel
Boston Consulting Group's CEO, Christoph Schweizer
SAP's CEO, Christian Klein

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