WALLDORF, Germany and BANGKOK, May 13, 2024
/PRNewswire/ -- SAP SE
(NYSE: SAP) today announced Charoen Pokphand Foods Public
Company Limited ("CP Foods") has selected multiple SAP
solutions to drive further growth and competitive advantage and to
ensure the sustainability of its products for the
future.
Catering to more than 4 billion people globally, CP Foods
is embarking on its next stage of digital transformation with the
RISE with SAP, SAP Sustainability Footprint Management, and SAP
Sustainability Control Tower solutions. In addition, the SAP
EHS Management, environment management application will be
implemented to future-proof its business and to gain strategic
insight into the sustainability impact of its products, processes
and infrastructure globally. The company is a leading integrated
agro-industrial and food business that is one of the world's
largest producers of feed, shrimp, poultry and pork. It has
operations in 17 countries and exports to more than 50
countries.
Global Net-Zero
Ambitions
In line with CP Foods' goal of becoming the "Sustainable
Kitchen of the World," CP Foods is the first food
processing company in the world with near- and long-term forests,
lands and agriculture (FLAG) sustainability targets validated by
the Science-Based Targets Initiative (SBTi). CP Foods
is looking to realize the company's Net Zero
goals of reducing 42% of
Scope 1 and 2 emissions and 30.3% of Scope 3 emissions by
2030 – and 90% of Scope 1 and 2 emissions and 72% of
Scope 3 emissions by 2050. To achieve these goals, the company is
implementing SAP Sustainability solutions to record,
report and act on real-time sustainability data, driving carbon
accounting at both corporate and product levels.
"Net Zero is the only solution to climate change," CP
Foods CEO Prasit Boondoungpraser
said. "It is important to us to understand and reduce our impact on
the planet, so we create food that is not only safe and nutritious
for people but also green and clean for the earth. Feeding our
livestock, farming our food and transporting it to people's plates
incurs emissions we have to be able to record and report. With RISE
with SAP and SAP Sustainability solutions, we will have insight
into actual emissions automated in real time rather than relying on
manual averages, allowing us to make quick, informed and
sustainable business decisions for our operations and for the
planet."
SAP plans to provide a technology foundation that will
support CP Foods in complying with forthcoming carbon regulations
in various markets, including the EU Carbon Border Adjustment
Mechanism (EU C-BAM) and U.S. SEC climate risk
disclosures.
Key to reducing total emissions, CP Foods will focus on
supply chain emissions, with its emissions mostly falling under
Scope 3. CP Foods will work with the Customer Success organization
at SAP, leverage YASH Technologies' sustainability expertise and
build on Amazon Web Services (AWS) to implement SAP Sustainability
solutions. Doing so will allow it to record and report on its Scope
1 and 2 emissions in Thailand and
select Scope 3 (3.1 and 3.4) for its feed business in Thailand covering both FLAG and non-FLAG
emissions. The next phase of implementation will extend in scope to
cover operations around the
world.
Cloud Sustainability
Paul Marriott, president of
SAP Asia Pacific & Japan,
said: "Sustainability is a huge opportunity for businesses across
Asia. Using RISE with SAP and our
sustainability solutions, CP Foods is getting ahead of forthcoming
emissions regulation and future-proofing its business by using data
to make more sustainable decisions. It can use those insights to
drive more operational efficiencies, optimize supply chains, and
differentiate its business against
competitors."
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