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How SAP's Sustainability Solutions Align with the Changing ESG Landscape

Tue, Apr 16, 2024 @ 05:59 AM / by David Fellers

With the 54th anniversary of Earth Day on April 22, 2024, now is a good opportunity to review the progress of corporate Environmental, Social, and Governance (ESG) initiatives with an eye toward the future and a review of available tools for monitoring, managing and reporting ESG information. 


Previous posts in this series on ESG and carbon accounting, going back to 2021, have closely tracked the development of ESG standards and regulations and the rise of a whole new ecosystem of SAP-based sustainability management solutions.

Just some of the key milestones we've previously discussed include:

In parallel with the codification of ESG, carbon accounting and climate change regulations as detailed above, the evolution of advanced ESG management solutions continued to unfold, most notably with introduction of the SAP Sustainability Control Tower. This comprehensive approach was a major leap forward for end-to-end, ESG transparency and enterprise-wide sustainability management.

What does all this mean for your company?

Firstly, these new mandates are real and the various governmental and accounting organizations have demonstrated a commitment to actively enforcing them. So your company needs to comply.

Secondly, the empirical evidence from multiple studies indicates that corporate adoption of ESG best practices is shown to be having a beneficial impact on mitigating or at least moderating the impacts on global climate change. For example, analysis by the Carbon Disclosure Project (CDP) has shown that companies that disclose and manage their environmental impacts tend to have lower emissions intensity and are better prepared to address climate-related risks.

Finally, from a corporate business perspective, data from the Finance Alliance indicate that tangible benefits of adopting ESG initiatives include:

  • Improved risk management
  • Enhanced portfolio performance
  • Reputational benefits from making a positive impact
  • Greater innovation and adaptability
  • Attracting and retaining talent
  • Strengthened compliance processes


Driven by our own corporate commitment to addressing climate change, combined with our commitment to helping clients do the same while meeting their ESG compliance and disclosure requirements, Bramasol is pleased to align ourselves with the proactive leadership that SAP has shown in this arena. 

In addition to the history of specific ESG and carbon accounting solutions cited above, SAP has now brought all of the pieces together within the SAP Sustainability Control Tower to give companies a holistic, end-to-end capability to access relevant data for recording, analyzing, reporting and acting on their sustainability goals at scale.

This not only benefits companies' bottom lines but has the potential to significantly change the world for the better.


Topics: CEO perspective, Thought Leadership, carbon accounting, ESG

David Fellers

David Fellers

Dave is CEO of Bramasol. After joining the company in 2007 as VP of Professional Services, he became CEO in 2011 and has led the company through record-setting growth and revenues highlighted by a successful re-focusing on serving the Office of the CFO. By building a deep and broad consulting practice that leverages our Comply, Optimize, Transform™ disciplines and a track record of co-innovation with SAP, Dave has positioned Bramasol as the go-to partner for clients that are looking to move into the Digital Solutions Economy and/or to leverage the Digital Transformation of finance using SAP S/4HANA.

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