DAVOS, Switzerland,
Jan. 22, 2020 /PRNewswire/ -- SAP SE
(NYSE: SAP) today announced it is joining the CEO Carbon Neutral
Challenge issued by Gucci President and CEO Marco Bizzarri pledging to support global
business in the transition to a low-carbon economy.
"SAP is not only a world-leading innovation and technology
company, we are a world-leading sustainability company," said
Jennifer Morgan, Co-CEO and Member
of the Executive Board, SAP. "Marco
Bizzarri's CEO Carbon Neutral Challenge is complementary to
our own commitment to helping businesses use innovative technology
to achieve their most ambitious climate goals so they can take
responsible actions and make a positive difference."
The CEO Carbon Neutral Challenge underscores the need for
companies to take urgent action and implement a 360° climate
strategy to create positive outcomes. The cornerstone of the
challenge to businesses is to take full responsibility and
accountability for the total greenhouse gas (GHG) emissions they
generate, deliver nature-based climate solutions that mitigate
emissions and drive positive change.
"As businesses, we must all own up to the total GHG emissions
our activities generate and, at the same time, invest in
nature-based solutions to protect our world's critical forests and
biodiversity, simultaneously helping to mitigate climate change,"
said Gucci President and CEO Marco
Bizzarri. "I applaud SAP's commitment to join the CEO Carbon
Neutral Challenge. The leadership they are showing by doing so will
help create a future in which society can thrive and business can
succeed, while nature is restored and protected."
In line with the criteria set forth by the CEO Carbon Neutral
Challenge, SAP had already established an approach to helping
customers transition to a low-carbon economy and deliver on their
climate goals including:
- Creating greater efficiency, transparency and accountability of
carbon and emissions across the entire supply chain
- Innovating new processes and business models
- Helping companies engage with industry, government and their
consumers
SAP is helping companies track carbon emissions from their
upstream supply chains to downstream logistics, including
procurement, operations, and manufacturing. In the transition to
new sustainable business models, SAP has a team of innovation
services and solutions professionals focused on enabling customers
to embrace disruption and transform their business through
innovation using intelligent technologies such as Internet of
Things (IoT), Machine Learning, Artificial Intelligence (AI),
Blockchain and advanced data analytics.
SAP aims to be a role model for climate action as well. In 2009,
SAP set to reduce greenhouse gas emissions back to the levels of
2000 by the year 2020. It achieved that goal more than two years
early, despite increasing its employee base fourfold. In 2017, SAP
announced a commitment to making operations carbon neutral by 2025.
This target included all direct emissions as well as a selected
subset of indirect emissions from supply chains and services.
SAP became a member of the Science Based Targets Initiative in
2017 and was the first in Germany
with a science-based carbon reduction target for 2050. SAP was also
among the first companies in 2019 to commit to science-based
1.5°C-aligned reduction targets. This corresponds to an 85 percent
reduction in the company's 2016 emissions level by 2050, including
energy consumption of SAP products in use by customers.
When emissions cannot be avoided or reduced, SAP compensates by
investing in CO2 offsets, and in return receives
CO2 credits from the sponsored projects. The focus is on
high-quality projects, such as Livelihoods funds, which combine
reforestation with bettering the livelihoods of rural communities.
This fulfills the Gold Standard of the World Wide Fund for Nature
(WWF).
SAP's annual integrated report contains a detailed analysis
of its emissions and impacts and is considered one of the most
progressive in the technology industry. The company is a signatory
to the United Nations Global Compact and a member of associations,
including CDP, the Value Balancing Alliance and the Ellen MacArthur
Foundation. Additionally, SAP is the leading software company in
the Dow Jones Sustainability Indices.
SAP joins Gucci, The RealReal and Lavazza Group in the CEO
Carbon Neutral Challenge issued by Gucci CEO Marco Bizzarri. Gucci is part of Kering, which
has also declared total carbon neutrality.
Visit the SAP News Center. Follow SAP on Twitter at
@SAPNews.
About SAP
As the Experience Company powered by the Intelligent
Enterprise, SAP is the market leader in enterprise application
software, helping companies of all sizes and in all industries run
at their best: 77% of the world's transaction revenue touches an
SAP® system. Our machine learning, Internet of Things
(IoT), and advanced analytics technologies help turn customers'
businesses into intelligent enterprises. SAP helps give people and
organizations deep business insight and fosters collaboration that
helps them stay ahead of their competition. We simplify technology
for companies so they can consume our software the way they want –
without disruption. Our end-to-end suite of applications and
services enables more than 437,000 business and public customers to
operate profitably, adapt continuously, and make a difference. With
a global network of customers, partners, employees, and thought
leaders, SAP helps the world run better and improve people's lives.
For more information, visit www.sap.com.
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SOURCE SAP SE