One of the biggest challenges today is to make our world a better place. Topics such as climate change and the associated deforestation of our forests as well as the pollution of our oceans are on everyone’s lips. But social and ethical aspects of our economic system also concern our clients, and thus us, more and more. In order to be able to include Environmental, Social and Governance aspects in the evaluation of investments and measures, sustainable and verifiable criteria are defined for each of the three dimensions. The term ESG has become established for this in recent years.

Driven by Regulatory Requirements or a Self-Developed Initiative

Many companies have set themselves important goals on their own initiative and want to achieve their own climate neutrality (“Net Zero”) by 2050, for example. Other companies are being forced to act by EU regulatory requirements such as the Taxonomy Regulation, the Disclosure Regulation (SFDR) or even the implementation of these via IDD or MiFID II.

We know both the path to the goals that result from independent initiative and the implementation of the EU ESG requirements with SAP Analytics. That is why, with our expertise in SAP Analytics (SAP BW/4HANA, SAP HANA, SAP Analytics Cloud and SAP BusinessObjects), we are an important partner for our clients and together we are already implementing various sustainability projects.

Environ­mental

Evaluation of investments based on ecological aspects:

  • Environmental protection
  • Reduction of greenhouse gas emissions
  • Environmentally friendly production
  • Investment in renewable energies
  • Efficient use of energy and raw materials

Social

Social
(Social)

Evaluation of investments based on social aspects:
  • Compliance with occupational safety & labour laws
  • Health protection
  • Diversity, equal opportunities and social engagement
  • Product liability & product responsibility

Governance

Governance
(Governance)

Evaluation of investments based on corporate governance:
  • Management and control processes
  • Transparent measures to prevent corruption & bribery
  • Anchoring sustainability management at board and supervisory board level
  • Linking executive board remuneration to the achievement of sustainability goals
  • Dealing with whistleblowing

How Successful ESG Reporting Works with SAP Analytics

Despite the newish topic, we at BIG.Cube have already proven that we are a reliable and strong partner in ESG Reporting with SAP Analytics, both because of our professional know-how as a bridge builder to IT and because of our technical expertise: from Business Analysis to the technical design of new data models to the implementation and integration of the implementation solution into your existing landscape. From our experience, we know how complex, exception-laden and volatile even regulatory requirements in the area of ESG Reporting can be. This is exactly where we create the essential added value for successful projects with our special flexible and proven agile BIG.Cube project approach and go exactly one decisive step further than many other Business Intelligence consultancies:
Business Analysis
Business Analysis: We build on the technical analysis & conception by technical experts and correspondingly specialised consulting firms at our clients. We then take care of this with our specially trained & experienced business analysts, thus closing the crucial gap between professionalism and technical implementation.
Tech­nical Analysis
Technical Analysis: Our technical analysis ranges from implementation options to the interaction between different data sources - all incorporating our knowledge of typical ESG requirements.
Technical Conception
Technical Conception: When creating an ESG Reporting concept, we take into account your individual possibilities and requirements. Our goal is to build a sustainable, expandable and holistic ESG Reporting system.
Implementation
Implementation: Through our SAP Gold Partnership and our expertise in SAP Analytics we are a strong partner in the implementation of your ESG Reporting in SAP Analytics - from data connection to the ESG KPI dashboard.
Data Quality
Data Quality: Together we achieve more than just ex-post transparency on your ESG data in reporting. With our Q-THOR software, you can identify possible misalignments at an early stage and well before the actual ESG Reporting and can initiate measures in good time. This way, you ensure the best possible "quality at source" and save considerable costs and time in the reporting process.

ESG Reporting with SAP Analytics

No matter how advanced you already are in the topic of ESG Reporting, we are happy to support you and adapt our services to your requirements and needs.

Get In Touch With Us Now

Use Case: Financial Services

A Sustainable Approach

One of the most complex examples in ESG Reporting exists in the financial services industry due to the very broad scope of very complex, often regulatory requirements. Experience has shown that it is advantageous to first bring the various source data into systems such as SAP BW and/or SAP HANA in the form of a data lake. The next step involves matching the respective asset or issuer and harmonising and standardising the data to the ESG initiative layer.
This is where the various data models are located, which are fed from the common data lake and calculate the ESG KPIs according to the respective requirements. In previous & current projects in SAP systems, this is about requirements:
  • Regulation (EU) 2020/852 Taxonomy Regulation
  • Regulation (EU) 2019/2088 Disclosure Regulation and the resulting EET, e.g.
  • Directive 2014/65/EU on Markets in Financial Instruments (MiFID II)
  • Internal group initiatives or even voluntary reporting initiatives such as AOA, SASB etc.

Objectives of ESG Repor­ting with SAP Analy­tics

The objectives of the ESG KPI calculations are very diverse: they include supplies via existing interfaces to the annual reporting, the preparation of various reports or also internal ESG controlling dashboards in SAC.