SAP.iO Foundry Singapore says the equity-free program accelerates sustainability innovation in the APAC region, delivering new business models for SAP customers and organisations broadly.
During the 13-week program, the participating startups will have access to technical and go-to-market support that empowers them to integrate with SAP solutions. They will be paired with SAP mentors and given exposure to SAP technology and application programming interfaces (APIs), as well as collaboration opportunities with SAP customers.
Local startups changing the world
Startups were selected according to their relevance to SAP’s tripartite “Chasing Zero” sustainability journey.
This includes working towards zero emissions both for SAP and by empowering SAP customers to gain visibility and reduce emissions across the entire supply chain; zero waste: entering a circular economy where reuse, reshare, repair and recycle to reduce waste are the norm; and zero inequality: because a truly sustainable future is not possible when diversity is not the norm.
The ANZ-based startups participating in the first sustainability cohort are:
• Australia’s givvable, founded by sustainability and social innovation expert Frances Atkins. This is the platform for businesses to discover and track sustainability credentials, attributes, and initiatives of suppliers.
• New Zealand’s CarbonClick, a carbon credits marketplace allowing customers to purchase audited carbon offsets, as well as measure and reduce their carbon footprint.
• The Australian arm of WePower, a platform connecting corporate energy buyers and retailers with green energy generators so all businesses, regardless of size, can purchase locally produced green energy at competitive rates with full transparency.
The other participating startups are Singapore-headquartered Unabiz, which drives data-driven business efficiency through sensors, manufacturing, and cloud platform services for smart metering, smart facilities management, smart logistics and supply chain; India-based Ambee, which helps people to breathe clean air using AI and ML techniques to analyse air quality, soil, micro weather, pollen; and Singapore-based Resync, a cloud energy management company which manages renewable assets, building energy and industrial energy.
Chasing Zero at SAP
SAP has been investing in sustainability for over a decade, setting its first carbon reduction targets in 2009 and achieving them three years earlier.
“Sustainability is one of the most acute challenges of our times. At SAP we believe that technology innovation and industry partnerships are key to creating a sustainable future,” comments SAP Australia president and managing director Damien Bueno.
“Partnering with some of the most innovative local sustainability startups will help us collectively tackle one of our planet’s biggest challenges head on,” concludes Bueno.