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Charlotte, Sebastian, hi.

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Charlotte, can I start with you and just ask,
what are you seeing in terms of ambition

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versus, I guess, reality when it comes

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to implementation of sustainability
solutions for businesses?

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So I would say ambition is high.

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Companies now are totally concerned
and wanting to act on climate change.

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Yesterday, I was hearing
many people say here at COP27,

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the time of pledges is the time of
the past, now is the time of the action.

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But the reality is we are really just
starting on the action side of things

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and it really needs to be accelerated.

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And to do so things needs to happen in the right order
and it starts with properly

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measuring emissions and then defining
a path forward, and moving to action.

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And we are still lagging behind on this.

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Sebastian, what role can partnerships
play in that?

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Partnerships,
I think, are super important.

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To me, sustainability is a team sport.

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There is no competition.

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So what we already see
and what we are seeing is industry

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is spending partnerships, competitors
within industries forming new partnerships

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and then of course also partnerships,
bringing together the right capabilities

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that are needed for sustainability
transformations like SAP

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and BCG are doing together for our customers.

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Sebastian and Charlotte, thanks so much.

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Thank you.