How to manage and offset carbon emissions: one of the business challenges discussed during COP16

Bogotá, Colombia, October 24, 2024 – During the latest edition of the Conference of the Parties of the Convention on Biological Diversity (COP16), the main space for discussion and negotiation of the United Nations Convention on Biological Diversity (CBD), companies from different sectors gathered in Cali (Colombia) to showcase how technology, research, and innovation are essential for developing strategies that enable the achievement of sustainable scenarios, where the private sector plays a significant role in the fight against climate change.

Two of the organizations leading this conversation were SAP and Ambipar, who announced their alliance to offer Net Zero as a Service, a tool that combines SAP’s robust cloud solutions such as SAP Sustainability Footprint Management, SAP Green Token, SAP Sustainability Control Tower, and SAP Sustainability Data Exchange, with Ambipar’s vast experience in generating and trading carbon credits, to help clients manage and offset their carbon emissions efficiently.

“This alliance with SAP allows us to combine our strengths to offer organizations a complete and accessible solution on their journey to decarbonization,” said Rafael Tello, Vice President of Sustainability at Ambipar, a global leader in environmental solutions with operations in 40 countries. “With Net Zero as a Service, our clients can effectively advance toward a sustainable, low-emission economy.”

Comprehensive Carbon Management

Net Zero as a Service, developed by SAP and Ambipar teams in Latin America, offers SAP customers worldwide a complete solution for the entire decarbonization process. SAP’s ERP solutions, powered by artificial intelligence, enable comprehensive carbon management by establishing a common database that accurately measures emissions. This facilitates informed decision-making that is both environmentally and financially sustainable.

Clients can neutralize their emissions by acquiring internationally certified carbon credits through Ambipar’s AMBIFY technology platform, available on the SAP Store, SAP’s online marketplace and its partners.

With initiatives like Net Zero as a Service, in collaboration with Ambipar, we are accelerating the transformation toward sustainable practices in Latin America. This solution not only helps companies achieve their emission reduction goals but also drives sustainable economic development, benefiting our region and the planet as a whole.

Simplification and Scalability of the Solution

Net Zero as a Service simplifies sustainability management by collecting key company data, such as water consumption, social impact, and employee-related metrics, consolidating them into the SAP Sustainability Control Tower. This platform enables organizations to set and track their sustainability goals with accurate information and forecasts, making it easier to make decisions to offset their emissions.

Ambipar is currently implementing Net Zero as a Service in its own operations as a pilot project before making the service available to all SAP customers. The company uses SAP solutions to achieve its ambitious growth goals this year.

Through the use of SAP tools such as SAP Sustainability Footprint Management, SAP Sustainability Data Exchange, SAP Green Token, and SAP Sustainability Control Tower, Ambipar has established a unified database, eliminating silos and efficiently measuring its carbon emissions. These tools, powered by artificial intelligence, enhance transparency, automate processes, and optimize sustainable impact, providing Ambipar with automated and detailed ESG reports for comprehensive management of its sustainability performance.

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About SAP

As a global leader in enterprise applications and artificial intelligence applied to business, SAP (NYSE: SAP) stands at the intersection of business and technology. For over 50 years, organizations have trusted SAP to unite critical business operations, spanning finance, procurement, human resources, supply chain, and customer experience. For more information, visit www.sap.com or our press room: http://news.sap.com/latinamerica.

About Ambipar

The Ambipar Group is a global leader in environmental solutions and invests in decarbonization, circular economy, energy transition, and environmental regeneration projects. Founded in 1995, it operates in Brazil and 40 countries, with a broad portfolio of environmental services, especially in waste recovery and environmental emergency responses, based on sustainability principles. A pioneer in several products and services, it is a reference in Research, Development, and Innovation (R&D+i), with more than 100 circular economy solutions, over 25 patents, and more than 50 national and international innovation awards. With over 20,000 employees, the company is listed on B3 and the New York Stock Exchange. For more information, visit: https://ambipar.com/a-ambipar/