Your SAP Resource  »  Publications  »  SAP Experts  »  GRC Expert Online

Log In  |  Help

GRC Expert

SAP governance, risk and
compliance — concepts, technology,
and best practices

Part of the
SAP Experts
knowledgebase

Subscribe/Renew Now

Browse by Category  |  Advanced Search »

Go

Home

Knowledgebase Overview

Article Index  |  PDF

Free Sample Article

Frequently Asked Questions

Downloads

Webinars

GRC 2010 Conference

SAP Insider Event Calendar

SAP Experts Knowledgebases

About Us

Contact Us

Knowledgebase  »  Volume 2 (2009)  »  Update 10

Improve Your Corporate Sustainability Reporting with SAP BusinessObjects Sustainability Performance Management  Print

by William Newman, Managing Principal, Newport Consulting Group (November 2009)

Walk through the key features of SAP BusinessObjects Sustainability Performance Management and see how you can use it along with other parts of your SAP system for your corporate sustainability reporting needs.

Categories: Compliance, Enterprise Performance Management

Key Concept

SAP BusinessObjects Sustainability Performance Management allows you to quickly aggregate information and develop the required documents to meet the goals of the Global Reporting Initiative (GRI) for corporate sustainability reporting. Pre-selected dashboard views allow for presentation, reporting, and management uses. SAP BusinessObjects Sustainability Performance Management also integrates with the SAP BusinessObjects solutions, providing reporting, dashboarding, and analytic features.

Corporate sustainability as an element of strategy and planning for corporations has been gaining ground significantly over the past decade. Buoyed by environmentally focused laws led by the EU, sustainability programs have also taken on economic elements such as access to capital and liquidity, as well as operational components from traditional quality programs. Most sustainability programs have three major components:

  1. Economic and financial: These include the ability to reduce the consumption of raw materials into the products or services delivered to customers, the ability to access capital markets, and the long-term viability of a company vision and mission

  2. Environmental: These include Restriction of Hazardous Substances (RoHS) along with regulations and environmental welfare, the effect the carbon footprint of an organization may have on its operations, and the effect of “cap and trade”


  3. Social responsibility: These include the welfare of worker rights, adherence to local labor laws, fair wages in developing countries, and workplace health and safety

For a global organization, this goes beyond its identity as a good corporate citizen. In 2006, the Global Reporting Initiaitve (GRI) was created to provide guidelines and audit recommendations for organizations participating in corporate sustainability reporting (CSR) activities. These guidelines ensure a level of consistency and governance in the practice of corporate sustainability.

Despite several years into the GRI guidelines, what defines sustainability strategically to most companies depends on the company’s point of view. Figure 1 illustrates how several Fortune 500 companies running SAP ERP position their corporate sustainability programs. Although each company considers the three primary areas the GRI supports, each has a different orientation and set of actions associated with its respective program.

Would you like to see the full version of this article?

If you are an electronic license holder to GRC Expert, please click here to log in.

If you would like information about becoming an electronic license holder — and having 24/7 unrestricted access to all articles and content in the GRC Expert online knowledgebase — click here to see the available subscription options.

Or call 1-781-751-8799 to speak directly with a subscription and licensing specialist about customized access for you and your team.

Isn't your SAP implementation worth world-class information support?

Copyright © 2010 Wellesley Information Services. All rights reserved. Email: customer.service@grcexpertonline.com.
GRC Expert, 20 Carematrix Drive, Dedham, MA 02026, USA.
Sales and Customer Service: 1-781-751-8799
SAP and the SAP logo are trademarks or registered trademarks of SAP AG in Germany and several other countries.