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SAP to Acquire Carbon Management Solution Leader Clear Standards, Inc.

Monday, May 11, 2009

As part of its ongoing strategic commitment to improve its own sustainability performance and deliver superior sustainability solutions to customers, SAP AG today announced its intent to acquire Clear Standards, Inc. A privately held innovator of enterprise carbon management solutions, Clear Standards helps organizations accurately measure, optimize and report greenhouse gas (GHG) emissions and other environmental impacts across internal operations. With this move, SAP expects to accelerate its ability to meet the carbon management requirements of organizations in this time of increasingly stringent government regulations and expectations for better transparency by the public. Clear Standards provides SAP a mature sustainability solution and expertise in carbon management delivered through an agile, Web-based, on-demand delivery model. In order to reduce customer effort and cost around carbon management, SAP will leverage its business process expertise to enable Clear Standards to tap into financial and other data stored in enterprise solutions such as SAP® Business Suite 7 software and the SAP® Environment, Health, and Safety Management application.

Article sourced from www.sap.com, click here to read full story.

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