ESG Reporting in SAP: A Comprehensive Guide

Introduction: The Importance of ESG Reporting

In today's business world, ESG reporting – reporting on environmental, social, and governance aspects – is essential. Companies are required to transparently present their sustainability practices to meet regulatory requirements as well as to strengthen the trust of investors and customers.

Integrating ESG into SAP Systems

SAP systems are central to ESG reporting. They enable the efficient collection, processing, and analysis of ESG data and provide a platform for centralized data management. This leads to improved data quality and consistency.

Benefits of SAP Integration:

// Automated Data Collection: Minimizes manual errors and saves time.

// Centralized Data Storage: Enables a coherent overview of ESG data.

Best Practices for ESG Reporting in SAP

Successful ESG reporting in SAP requires:

1. Ensuring Data Quality: Regular review and validation of ESG data.

2. Transparent Stakeholder Communication: Clear presentation of ESG goals and progress.

3. Regular Reporting Updates: Adjusting reports to current standards and insights.
   Typical challenges:

// Data Integration: Challenges in integrating various data sources.

// Regulatory Adjustments: Requirement for quick responses to changes in ESG standards.

Solution approaches:

// Specialized SAP Modules: Use of modules for improved ESG data integration.

// Flexible Reporting: Use of adaptable tools for dynamic reporting.

Future Trends in ESG Reporting

Future developments include:

// Enhanced Analytical Capabilities: Use of AI for deeper insights into ESG data.

// Integrated Sustainability Solutions: Development of specialized ESG modules in SAP.

What is the SAP Sustainability Control Tower?

An innovative tool that provides a comprehensive overview of sustainability performance. It enables real-time analysis and flexible reporting of ESG data and supports companies in efficiently tracking their ESG goals.

Core Features of the SAP Sustainability Control Tower:

// Real-time Dashboard: Current insights into key ESG metrics.

// Customizable Reports: Individually tailored reports for various stakeholders.

// Goal Tracking: Support for monitoring progress against sustainability goals.

ESG Data in the SAP System

There are many data points that you need to capture for your sustainability report, and most of these can already be found in your SAP system if it has been properly maintained.

Individual Support for Your ESG Reporting Readiness

We help you prepare your SAP system for the new ESG reporting regulations. For this, IBIS Prof. Thome AG offers a comprehensive solution with the following benefits:

// Individual Adaptation: Specific alignment with your company needs.

// Selective and Secure Data Extraction: Only necessary data is analyzed and presented in your SAP system.

// Transparent Evaluation of Current Coverage: What data is already available in your SAP system and where are the gaps?

// Recommendations for Action: Support through clear action steps to ensure the completeness, compliance, and relevance of your ESG report.

Initial Insights into the IBIS Prof. Thome AG Tool

The following video provides initial insights into the new solution from IBIS Prof. Thome AG: https://streaming.pwc.de/Mediasite/Play/294568d06b8e479b9791dc5e6e3d05861d