Sustainability Magazine April 2023 | Page 26

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“ With ESG being all the hype at the moment , we need to be careful that there is no kind of greenwashing going on . The systems will deliver you the results together as an input , but we need to keep a close eye on the data itself ” on that , the better you can come up with compelling offerings around green loans . So that ’ s a surprising aspect . Then the next thing is when you give the loan for larger projects , you need to have governance and compliance as well see the monies used in the way it was originally declared . So there has to be constant follow up and transparency . Data , provided by SAP ’ s products , allows for this .

» We have multiple use cases and we probably don ’ t have enough time to go through all of them . Let ’ s talk about the bank itself , how they can improve their ESG rating . First of all , we provide a solution for holistic steering and reporting called the sustainability control