The EY organization today announced an expanded alliance with SAP SE (NYSE: SAP) to help organizations accelerate value-led sustainability action. Teams of EY professionals are advising SAP and customers on the core design and blueprint of the next generation of software solutions to create more impactful climate, nature and social impact strategies.
The SAP® Sustainability Control Tower solution: Leveraging expertise in sustainability, assurance and reporting, with a broader focus on supply chain, EY teams are working with SAP to define the capabilities needed for the next generation of sustainability solutions. EY solutions leveraging SAP Sustainability Control Tower help enable organizations to progress from Record to Report to Action, report against multiple regulatory frameworks and embed sustainability metrics in their internal performance management processes.
SAP S/4HANA® Cloud transformation with sustainability at the core: EY teams and SAP are helping companies embed environmental considerations in business processes across finance, tax, supply chain, manufacturing and human resources as part of their digital transformation with SAP S/4HANA Cloud.
Carbon accounting and the green ledger concept: EY teams are bringing market-leading climate change consulting and carbon accounting experience to help realize the green ledger concept envisioned by SAP. Both organizations will collaborate with select clients to further develop the requirements and analytics needed to move greenhouse gas (GHG) accounting from estimates to a more accurate reflection of a company's footprint, allowing companies to manage GHG performance across the enterprise and accelerate climate action.
SAP shares acquired 13 cents first thing Thursday to $132.52.
