Enterprise application software company SAP announced the release of SAP Product Footprint Management, a new a cloud-native solution built on SAP Business Technology Platform, designed to enable companies to assess the carbon footprint of products across the value chain, and encompassing the entire product lifecycle.

The new solution comes as companies are increasingly setting ambitious goals to reduce greenhouse gas emissions across their value chains, as they face pressure to improve their environmental footprints and ramp transparency on climate impact from customers, regulators and investors. The solution enables users to measure and disclose greenhouse gas emissions.

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Integrating with data from business applications such as SAP S/4HANA, the solution also allows users to assess the environmental impact of various production scenarios, considering costs and footprint aspects of each option, enabling products and operations to become more sustainable.

Thomas Saueressig, member of the Executive Board of SAP SE and responsible for SAP Product Engineering, said:

“Customers want it, the world needs it. There is no time to waste for businesses to act more responsibly and sustainably. Sustainability goals are increasingly as important to business success as financial goals.”

SAP stated that its new product footprint management solution forms part of a new portfolio of sustainability-specific business applications that deliver transparency and measurement capability across the supply chain.

Saueressig added:

“When companies embed emissions data into underlying business processes, leaders can drive real change by making conscious decisions across the entire value chain. That is what scales the transition to low emission pathways, and SAP is uniquely positioned to drive this change throughout collaborative, intelligent and sustainable business networks.”