As ESG (Environmental, Social, and Governance) moves to the forefront of corporate strategy, sustainability has become a key concern for investors. They are increasingly focused on materiality – assessing factors like biodiversity, sustainable sourcing, and the broader effects of climate change. Meanwhile, consumers demand products with minimal carbon footprints, ethically sourced raw materials, and waste-free production processes.
For businesses, managing the ‘green line’ – sustainability and ESG data – is as important as managing financial performance. Investors rely on this data to make informed decisions, assessing the risks and opportunities tied to a company’s ESG efforts. That’s where BRSR (Business Responsibility and Sustainability Reporting) comes into play. BRSR provides a standardized framework for ESG disclosures, ensuring transparency and accountability, while equipping investors with consistent, comparable, and relevant information.
The BRSR framework is built on nine principles, each addressing a different aspect of responsible business practices.
According to SEBI, listed companies that use globally recognized reporting frameworks such as GRI, TCFD, or SASB to prepare and disclose sustainability reports can cross-reference those disclosures with BRSR requirements. To meet these compliance needs, businesses must have accurate, auditable, and reliable data. This is where SAP Sustainability Control Tower (SCT) proves invaluable. SAP SCT unlocks the power of data, making it transparent to stakeholders and allowing businesses to read, report, and act on their sustainability goals. Additionally, SAP SCT integrates seamlessly with live SAP systems like S/4HANA.
Key Features of SAP Sustainability Control Tower
- Support for Global Standards: SCT supports metrics from frameworks such as the World Economic Forum (WEF), Global Reporting Initiative (GRI), Science Based Targets initiative (SBTi), Sustainability Accounting Standards Board (SASB), and the Task Force on Climate-Related Financial Disclosures (TCFD).
- Customizable Data Models: Build data models that align with established reporting frameworks while also accommodating customer-specific adaptations.
- Advanced Data Enrichment: Perform calculations and enrich data to generate high-quality sustainability key figures.
- Comprehensive Dashboards: Get a holistic view of your organization’s sustainability performance through management dashboards.
- In-Depth Analysis: Drill down into data to uncover patterns and respond to specific reporting inquiries.
Achieving BRSR Compliance with SAP Sustainability Control Tower
- Mapping to BRSR Indicators: SCT enables businesses to map relevant data points to the essential and leadership indicators defined in the BRSR framework.
- Data Storytelling and Visualization: SCT provides tools for presenting data in a clear and compelling manner, using charts, graphs, and other visuals to enhance BRSR reports.
- Improved Transparency: SCT ensures consistent and transparent data collection and reporting practices, making it easier to meet BRSR compliance standards.
By leveraging SAP SCT, businesses can bring their sustainability data to life, efficiently responding to common standards and mandatory reporting frameworks like BRSR.
Building a Sustainable Future Together
Achieving a sustainable future requires collaborative effort. By aligning your commitment to sustainability with cutting-edge technologies, we can work together to achieve this critical goal and create lasting positive change.
Contact us to discuss your needs and learn more about how we can help.
Monika Dhole
Specialist, Process Consulting
Bristlecone
