SAP and Ambipar Unveil Net Zero as a Service
Rhea-AI Summary
SAP SE and Ambipar have announced a partnership to launch Net Zero as a Service, combining SAP's cloud solutions with Ambipar's carbon credit expertise. This service aims to help customers manage and offset carbon emissions effectively. Key features include:
1. End-to-end carbon management using SAP's ERP-centric and AI-enabled solutions
2. Access to certified carbon credits through Ambipar's AMBIFY platform on SAP Store
3. Establishment of a common data foundation for emissions measurement and decision-making
Ambipar is piloting the service in its own operations before wider availability to SAP customers. The partnership is expected to support both companies' growth objectives while helping businesses achieve their sustainability goals.
Positive
- Partnership with Ambipar to offer Net Zero as a Service, potentially expanding SAP's market reach
- Integration of Ambipar's AMBIFY platform on SAP Store, potentially increasing revenue streams
- Expansion of SAP's sustainability management solutions portfolio
Negative
- None.
News Market Reaction – SAP
On the day this news was published, SAP declined 0.05%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
WALLDORF, GERMANY / ACCESSWIRE / September 27, 2024 / SAP SE (NYSE:SAP) announced a partnership with Ambipar (B3:AMBP3)(NYSE:AMBI), a global leader in environmental solutions with operations in 40 countries, to bring Net Zero as a Service to customers and support the fight against climate change.
Net Zero as a Service brings together a combination of SAP's robust cloud solutions and Ambipar's deep carbon credit generation and trading expertise to help customers seamlessly manage and offset carbon emissions.
"In partnering with SAP, we are bringing together two companies with a shared commitment to help organizations achieve net zero," said Tercio Borlenghi Junior, CEO of Ambipar. "By combining SAP's technology with Ambipar's decarbonization expertise to create Net Zero as a Service, customers will have access to a simple but comprehensive solution that contributes to the low carbon economy."
Comprehensive Carbon Management
Net Zero as a Service can equip SAP customers globally with solutions for the entire decarbonization journey. SAP's ERP-centric and AI-enabled solutions will provide end-to-end carbon management, allowing customers to establish a common data foundation, seamlessly measure emissions and make granular and timely decisions that are financially and environmentally sound. Customers can neutralize emissions by purchasing internationally certified carbon credits through Ambipar's technology platform AMBIFY, available on the SAP Store, the online marketplace for SAP and partner offerings.
"SAP customers are increasingly seeking ways to measure and offset their carbon emissions," said Adriana Aroulho, president of SAP Brazil. "Through Net Zero as a Service and our partnership with Ambipar, SAP is building on our commitment to deliver comprehensive sustainability management solutions and empowering our customers to become future-ready businesses."
Scaling Net Zero as a Service
Ambipar is currently piloting Net Zero as a Service in its own operations, tapping into the power of SAP's solutions as it aims to meet aggressive growth targets this year, before the service becomes widely available to SAP customers.
By leveraging SAP Sustainability solutions, Ambipar will establish a unified data foundation, breaking down silos across the business, and seamlessly measure and manage carbon emissions.
"Ambipar is undergoing a worldwide expansion and counts on SAP as a trusted IT partner as they scale," said Aroulho. "Net Zero as a Service will support Ambipar's growth objectives, while helping the company effectively streamline operations, drive innovation and manage its own environmental footprint. We are thrilled to bring this service to SAP customers."
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Media Contact:
Sybelle D'Marco, +1 (305) 490-6139, sybelle.d-marco@sap.com, ET
SAP Press Room; press@sap.com
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View the original press release on accesswire.com
FAQ
What is Net Zero as a Service offered by SAP and Ambipar?
How does SAP (NYSE:SAP) benefit from the partnership with Ambipar?
When will Net Zero as a Service be available to SAP customers?
What solutions does SAP (NYSE:SAP) offer for carbon management in Net Zero as a Service?
