Although the business priority given to improving sustainability performance is at an all-time high, many organizations have found it difficult to manage accountability and transparency of sustainability initiatives across their businesses. With the new SAP BusinessObjects Sustainability Performance Management application announced by SAP AG, every business can now more easily set sustainability goals and objectives, measure and communicate performance, and reduce data collection costs and errors.
The new application helps organizations focus on improving economic, social and environmental performance rather than spending time on data collection and report compilation. The software provides a holistic view of an organization's sustainability indicators and features an easy-to-use interface that streamlines internal and external reporting. It helps turn data into actionable insight that can be cascaded and executed on throughout an organization, making it easier to track compliance with sustainability strategies across the business. The application features a library of key sustainability performance indicators and is the first solution to be certified by the Global Reporting Initiative (GRI) Certified Software and Tools Program. Like all SAP BusinessObjects solutions, the software is designed to integrate with a range of SAP and non-SAP solutions. It can also be used as a stand-alone solution.
"Sustainability is increasingly mission-critical across the corporate world," said Dr. Stephen Stokes, vice president of Sustainability and Green Technologies, AMR Research. "It is becoming a key element of business strategy, with the potential to deliver new levels of efficiency and operational performance, innovation and organizational transformation. Managing and reporting an organization's sustainable performance via transparent and high quality data collation, analysis, optimization and modeling is a new basis for defining and communicating operational excellence."
