A recent IDC study (August 2023) found that one-third of respondents identified carbon emissions monitoring software as one of the most efficient tools in enabling an organisation’s business objectives.
Amy Cravens, research manager for GRC and ESG Management and Reporting Technologies at IDC, noted, “Organisations are increasingly seeking to derive and measure business value from their sustainability initiatives and product-based carbon foot printing is an important tool in achieving that goal.”
“Green transformation is a central tenet of Matsumoto Precision’s core strategy,” said Toshitada Matsumoto, president and representative director of Matsumoto Precision Co. “We aim to realise our vision of running ‘The Sustainable Factory’, including self-sufficiency in electricity through solar power and purchase of electricity with non-fossil certificates.”
Precision machine parts processing company, Matsumoto Precision, has adopted SAP Sustainability Footprint Management to provide information on CO2 emissions per product to its business partners.
Implemented in partnership with Accenture, the solution aims to improve the environmental and economic value of Matsumoto Precision’s products.
According to Matsumoto, the SAP Sustainability Footprint Management enables us to record, report, and act on CO2 emissions on a per-product basis, giving us and our partners better insight into the environmental impact of our businesses.”
With the adoption of SAP Sustainability Footprint Management, the company has now started providing information on CO2 emissions per product to its business partners.
“Environmental insight isn’t just important for businesses, but across every organisation in the value chain aiming to reduce CO2 emissions,” said Hirofumi Suzuki, president and managing director of SAP Japan. “Matsumoto Precision add value and differentiate what they sell by promptly providing information on CO2 emissions at product level.”
Although the company had been working to visualise CO2 emissions at the plant level it had not been able to do so on a product-by-product basis. SAP Sustainability Footprint Management calculates CO2 emissions for every product based on the individual manufacturing performance information already available in SAP S/4HANA.
“To achieve both environmental and economic values, a Digital transformation platform is indispensable. This project was realised in a short time through the use of SAP S/4HANA which helped to standardize the operations from production to procurement to sales," continued Toshitada Matsumoto. "We look forward to working with the entire value chain in Japan, including small, medium and large enterprises, to enhance the competitiveness of Japan as a whole."
