- Integrated Carbon Accounting: Links emissions data directly to financial transactions for precise tracking and reporting.
- Regulatory Compliance: Helps businesses meet evolving standards like EU CSRD and prepare for future regulations.
- Sustainability Innovation: Drives decision-making to reduce emissions, optimize costs, and achieve net-zero goals.
SAP has announced the global availability of SAP Green Ledger, a cutting-edge carbon accounting solution that integrates emissions data into financial systems. This marks a significant step toward connecting environmental impact with financial performance, enabling businesses to enhance transparency, compliance, and sustainability efforts.
Why it matters:
As global decarbonization becomes a legal and market imperative, accurate carbon accounting is essential for businesses to align financial and environmental goals. SAP Green Ledger provides tools to track emissions, optimize processes, and support net-zero strategies.
“Only by moving from averages to actuals – audited at reasonable assurance – can freeriding and greenwashing be avoided, thereby protecting such valuable investment and our planet,” said Dominik Asam, CFO of SAP SE.
Key features of SAP Green Ledger:
- Carbon integration into ERP systems:
Links carbon emissions to specific financial transactions, providing precision for sustainability audits, carbon budgeting, and benchmarking. - Regulatory adaptability:
Built to meet current requirements like EU CSRD while scaling for future standards such as EU ETS and ISSB. - Supply chain improvements (2025):
Enhances supplier processes to reduce emissions and foster more sustainable operations.
Related Article: SAP Appoints Matthias Medert as Global Head of Sustainability
What industry leaders are saying:
Accenture:
“SAP Green Ledger provides the sustainability metrics needed to enhance decision-making that reduces emissions, drives efficiencies, and optimizes performance,” said Stephanie Jamison, Global Sustainability Services Lead at Accenture.
Deloitte:
“This solution offers new levels of precision in carbon accounting, enabling leaders to make data-driven decisions that can build business resilience,” said Jennifer Steinmann, Deloitte Global Sustainability Business Leader.
TCS:
“Embedding carbon data into enterprise planning unlocks growth opportunities and supports transformation for a sustainable future,” said Vikram Karakoti, TCS Enterprise Solutions Global Head.
Pilot phase and collaboration:
Early adopters, like Covestro, are testing SAP Green Ledger to link emissions data from product manufacturing to financial reporting. Strategic advisors, including Deloitte, Accenture, and TCS, have played key roles in shaping the system.
The bigger picture:
SAP Green Ledger empowers organizations to meet sustainability goals while boosting financial and environmental performance. By bridging emissions data with financial systems, SAP is ushering in a new era of accountability and transparency for businesses worldwide.
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