SAP across industries . One of SAP ’ s key approaches is to enable companies to share accurate emissions data along the supply chain , instead of everyone making oftenincorrect assumptions and calculations .
Enterprises need an accounting system for their emissions data that is as auditable , transparent and reliable as their financial data . The current accounting system for supply chain emissions is severely flawed as it relies on data that often lacks access , accuracy , granularity and comparability , Rothermel added . SAP ’ s transactional carbon accounting capabilities focus on recording , reporting and acting on carbon emission data and ultimately syncing the emissions data with financial data leading to a “ green ledger ”.
“ We envision carbon to be accounted for in a green ledger , just like your financials are maintained in a financial ledger ,” he says . “ But companies still have a big challenge to deliver data of a quality worthy of a green ledger .
“ There are two key parts to SAP ’ s greenhouse gas protocol coverage across all scopes ,” he says . The first is SAP Sustainability Footprint Management which is a solution that increases accessibility by pulling data from many sources , and then uses the data as a basis for footprint calculations .
“ Because more than 80 % of carbon emissions are Scope 3 emissions locked away in your supply chain , you fundamentally need to get access and aggregate this data ,” he adds . “ If we don ’ t , we will continue to work with averages instead of actuals .”
Gathering and calculating emissions data more accurately is one thing , but companies
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