20.09.2021 15:27

SAP Rolls Out New Product Footprint Management Solution

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SAP SE SAP recently rolled out its latest offering — SAP Product Footprint Management — to help business enterprises reduce their carbon footprint and drive sustainability. The cloud-powered solution is built on the company’s SAP Business Technology Platform.With sustainability targets becoming as important as financial objectives amid rapid global warming, SAP’s solution will help companies to increase transparency and measurement functionality across the supply chain operations to improve sustainability.The SAP Product Footprint Management solution is designed to combine data from various solutions that control production processes and assimilate “master data” from applications such as SAP S/4HANA. Afterward, it calculates the impact of numerous production scenarios on to the environment, noted SAP.The data-powered method enables organizations to gain access to actionable inputs across the entire value chain and helps to adopt the process that is more ecologically sustainable.With the help of SAP’s new Product Footprint solution, businesses can also exchange data with their clients, partners and suppliers to boost transparency across the organization’s scope 1, scope 2 and scope 3 emissions, added SAP.SAP SE Price and Consensus  SAP SE price-consensus-chart | SAP SE Quote Initiatives to Drive Sustainability Bode WellSAP Product Footprint Management solution is expected to witness healthy uptake as companies are focused on reducing carbon gas emissions. Per a report from Emergen Research, the worldwide carbon footprint management market is expected to witness a CAGR of 5.5% between 2021 and 2028 and reach $14.74 billion.The market is being driven by increasing requirements for business entities to conform to carbon-emission compliances.Climate change has become a global flashpoint in the last few decades. Governments and global organizations like the United Nations are striving to promote more sustainable practices to avoid the terrible effects of climate change. Over the next decade, United Nations along with the  participants of the Paris Agreement is working on lowering greenhouse gas (GHG) emissions  to restrict average global temperature rise to 1.5 °C to ensure a habitable planet.Most of the big companies like Apple, Microsoft MSFT, Cisco CSCO and Oracle ORCL have pledged to cut their carbon footprint. Recently, Cisco underscored its commitment toward achieving net zero for GHG emissions across all scopes (product use, operations, and supply chain) by 2040 and net zero for global Scope 1 and 2 emissions by 2025.Microsoft has pledged to be carbon negative by 2030 and is working on removing all emissions since its inception by 2050.In Jun 2021, Oracle highlighted that it was working toward fueling its worldwide operations (both cloud and facilities) with 100% renewable energy by 2025. At present, the company’s cloud regions in Europe along with 51 of its offices across the globe are running entirely on renewable energy.Zacks Rank & Share Price MovementSAP currently carries a Zacks Rank #3 (Hold). The stock has returned 9.9% compared with industry’s growth of 29.6% in the past year.    You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $2.4 trillion by 2028 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases.Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Recommendations from previous editions of this report have produced gains of +205%, +258% and +477%. The stocks in this report could perform even better.See these 7 breakthrough stocks now>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Microsoft Corporation (MSFT): Free Stock Analysis Report Cisco Systems, Inc. (CSCO): Free Stock Analysis Report SAP SE (SAP): Free Stock Analysis Report Oracle Corporation (ORCL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research
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Analysen zu SAP SE

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22.10.2021SAP SE BuyBaader Bank
22.10.2021SAP SE OverweightBarclays Capital
22.10.2021SAP SE HoldKepler Cheuvreux
22.10.2021SAP SE NeutralUBS AG
22.10.2021SAP SE NeutralJP Morgan Chase & Co.
22.10.2021SAP SE BuyBaader Bank
22.10.2021SAP SE OverweightBarclays Capital
22.10.2021SAP SE BuyGoldman Sachs Group Inc.
21.10.2021SAP SE BuyJefferies & Company Inc.
21.10.2021SAP SE BuyBaader Bank
22.10.2021SAP SE HoldKepler Cheuvreux
22.10.2021SAP SE NeutralUBS AG
22.10.2021SAP SE NeutralJP Morgan Chase & Co.
22.10.2021SAP SE HoldJoh. Berenberg, Gossler & Co. KG (Berenberg Bank)
13.10.2021SAP SE HaltenNorddeutsche Landesbank (Nord/LB)
17.12.2019SAP SE UnderperformMerrill Lynch & Co., Inc.
05.04.2019SAP SE ReduceOddo BHF
21.07.2017SAP SE UnderperformBNP PARIBAS
24.10.2016SAP SE UnderperformBNP PARIBAS
19.10.2016SAP SE UnderperformJefferies & Company Inc.

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