LOADING

Type to search

SAP Launches SAP Green Ledger, a Carbon Accounting and Reporting System

SAP Launches SAP Green Ledger, a Carbon Accounting and Reporting System

SAP Launches SAP Green Ledger, a Carbon Accounting and Reporting System
  • 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.

Dominik Asam, CFO of SAP SE

Key features of SAP Green Ledger:

  1. Carbon integration into ERP systems:
    Links carbon emissions to specific financial transactions, providing precision for sustainability audits, carbon budgeting, and benchmarking.
  2. Regulatory adaptability:
    Built to meet current requirements like EU CSRD while scaling for future standards such as EU ETS and ISSB.
  3. 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.

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.

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.

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.

Follow ESG News on LinkedIn

Topics

Related Articles

LOADING

Type to search

Blog

SGS Expands Partnership with EcoVadis to Deliver Trusted ESG Auditing Services
FCA to Regulate ESG Ratings Providers Under New UK Legislation
Tokyo Issues World’s First Certified Resilience Bond Worth €300 Million
EY Appoints Colm Devine as Global Sustainability Vice Chair
PepsiCo, Bioversity Alliance Expand Open-Access Climate Resilience Platform for Agriculture
KPMG 2025 CEO Outlook: Energy Leaders Turn to AI to Drive Growth and Sustainability
Billionaire Bill Gates Urges Climate Policy Rethink Ahead of COP30 in Brazil
Redwood Raises $350M to Expand U.S. Energy Storage and Critical Materials Supply
Rolls-Royce Tests World’s First 100% Methanol Marine Engine, Advancing Green Shipping Transition
Google Backs NextEra in Reviving Iowa Nuclear Plant to Supply 600 MW of Clean Power
TotalEnergies, Aljomaih Secure 400 MW Solar Project in Saudi Arabia
L'Oréal Green Science Partnerships: Beauty Powered by Nature
TotalEnergies Ordered to Remove Website Claims After Paris Court Partially Upholds Greenwashing Case
New Zealand Lifts Climate-Reporting Thresholds to Revive Capital Markets
Neoen Launches 412 MW Goyder South Wind Farm to Power South Australia’s 100% Renewables Goal
Singapore Expands Jurong Island for Renewable Energy and Data Centre Development
Nissan Joins CO₂ Pool with BYD to Meet EU Fleet Emission Targets
Mozambique Receives $2 Million Drought Insurance Premium as AfDB’s Climate Risk Programme Reaches $150 Million
Novisto Named to Deloitte’s 2025 Technology Fast 50
AI-Ready Grids: Integrating Hyperscale Loads Faster, Cleaner, Cheaper at Nest Climate Campus, Climate Week 2025
","session_id":"ep-sess-1761959942-vhP5pV2l","page_url":"https:\/\/esgnews.com\/sap-launches-sap-green-ledger-a-carbon-accounting-and-reporting-system\/","post_id":"32754","tracking_enabled":"1","original_referrer":"","has_embedded_content":""}; /* ]]> */