Episode 53: The Green Ledger: Treating Carbon Footprints as Financial Assets
In this episode of The Future of ERP, SAP's Chief Sustainability Officer Sophia Mendelsohn discusses how sustainability is becoming a fundamental part of business operations. She highlights that today’s ERP systems are designed to treat environmental factors like carbon emissions with the same importance as financial metrics, enabling organizations to make informed decisions that benefit both the planet and their bottom line. Mendelsohn emphasizes the role of technology in enhancing transparency and accountability, particularly through innovations like the SAP Green Ledger, which allows businesses to track carbon emissions alongside financial transactions. The conversation also touches on the collaborative nature of sustainability efforts, involving various departments such as finance, procurement, and R&D, to ensure that sustainability is embedded into every aspect of business strategy.