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PwC and SAP launch new innovation strategy

by Anthony Fonseca
March 28, 2023
in Technology

Goal is to help companies attain their ESG and Net Zero targets

PwC and SAP
Christian Klein, CEO & Member of the Executive Board of SAP

PwC and SAP recently announced a new co-innovation strategy to make sustainability an integral part of standard business operations.

The strategy is directed at creating trusted solutions to address key environmental, social and corporate governance (ESG) business challenges. It covers carbon measuring, reporting and steering as well as supply chain decarbonization, climate risk and competitive analysis.

The new ESG strategy builds on the strength of the existing alliance between PwC and SAP, which has successfully delivered business transformation solutions to clients in more than 80 countries.

Together, PwC and SAP help organizations leverage the solutions they need to fulfill compliance

requirements and drive growth to support the ever-increasing expectations of customers and investors.

They also assist customers in shaping the future of their net zero strategy and sustainability reporting.

The PwC and SAP strategy includes solutions encompassing an enterprise-wide ESG strategy, ranging from trading optimization and tax credit recognition to third-party risk management and competitive analysis. Three top challenge areas for ESG, net zero and sustainability reporting will also be addressed:

“Combining our expertise and reputation for trust and integrity with SAP’s technology platform will help bring broader capabilities and solutions to respond to organizations’ challenges in meeting their ESG and sustainability commitments,” asserted Bob Moritz, Global Chairman, PwC.

“Our collaboration will combine the deep industry expertise and customer insights of PwC with our leading sustainability technology portfolio, and the resulting ESG transparency will help companies reinvent their business models and deliver the sustainable outcomes the world urgently needs,” affirmed Christian Klein, CEO and member of the Executive Board of SAP SE. 

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Tags: innovation strategyNewsPwC and SAPSustainability
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