SAP SE announced the availability of SAP® Product Footprint Management, a solution that lets companies calculate carbon footprints for their products and across the value chain. It considers the entire product lifecycle, helping companies disclose their products' environmental footprints to regulators and enabling them to make their products more sustainable. SAP Product Footprint Management is part of a new portfolio of sustainability-specific business applications that deliver transparency and measurement capability across the supply chain, allowing companies to move toward lower carbon emissions and more sustainable operations. By integrating data across all solutions that govern production processes with master data from business applications such as SAP S/4HANA®, SAP Product Footprint Management can calculate the environmental impact of various production scenarios. For example, a cookie company can choose its source for chocolate based both on the cost of the raw material as well as on its carbon footprint. SAP's data-driven approach lets businesses embed sustainability comprehensively and gain actionable insights across the entire value chain to enable companies to transition to low-carbon business processes. Taking a differentiating approach, SAP enables businesses to proactively identify the carbon impact at the beginning of the product lifecycle instead of reactively after a product has been produced. Moreover, SAP Product Footprint Management not only equips companies with the insight to reduce carbon emissions across their value chains but can enable data exchange with customers, suppliers and business partners -driving transparency across a company's scope 1, scope 2 and scope 3 emissions. SAP Product Footprint Management, a cloud-native solution built on SAP Business Technology Platform, is designed to measure and report greenhouse gas emissions. Proposed governmental regulations designed to combat the harmful effects of climate change could cost businesses up to $120 billion.