According to surveys conducted by the IBM Institute for Business Value, 49% of consumers say they’ve paid a premium for products branded as sustainable or socially responsible, and 77% of executives say that sustainability can accelerate business growth. Yet, almost 75% of leaders say they don’t have the “capabilities to monitor and measure” sustainability performance in real-time. At many companies, the data needed to operationalize sustainability goals are spread across systems, people, and processes, and the methods for collecting that data are manual and error-prone. And sustainability goals have to be met while also achieving business performance. This is where technology can help.
According to the World Economic Forum, digital solutions can reduce global emissions by 20% in the three highest-emitting sectors (energy, materials, and mobility) by 2050 if deployed at scale. Those sectors can already reduce their emissions by up to 10% by 2030 through the adoption of digital technologies. The Celonis Sustainability Layer can play a major role in helping those and other sectors reduce their environmental impact and comply with the growing maze of sustainability reregulation, such as CBAM, CSDDD, CSRD, and CCDAA.
“For Celonis, sustainability is a core part of how we operate and create value,” said Janina Bauer, Global Head of Sustainability at Celonis. “Internally, we’ve set up our Net Zero Strategy, which includes emissions reduction targets, clear reduction measures, and investments in high-quality climate projects beyond our own value chain. And for our customers, the Sustainability Layer enables them to identify, prioritize, and activate initiatives that drive environmental impact and business performance.”