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.

As Chief Sustainability and Commercial Officer for SAP Sustainability, Sophia and her teams oversee SAP’s corporate sustainability and bring sustainability to market for our customers. Sophia’s long-standing area of focus is in guiding organizations on how to balance immediate financial goals with sustainability and ESG governance for long-term business viability. She has deep expertise in sustainability and specializes in executive stakeholder engagement. She designed and taught the first ESG at Harvard Extension School, is a recognised public voice on ESG, and was chosen as one of the top 10 sustainability leaders of the year by the industry’s leading publication, Sustainability Magazine. Sophia has a Master of Science in sustainable management from Columbia University. 

Richard Howells has been working in the Supply Chain Management and Manufacturing space for over 30 years. He is responsible for driving the thought leadership and awareness of SAP’s ERP, Finance, and Supply Chain solutions and is an active writer, podcaster, and thought leader on the topics of supply chain, Industry 4.0, digitization, and sustainability.

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The post Episode 53: The Green Ledger: Treating Carbon Footprints as Financial Assets first appeared on The Future of ERP.