SAP Announces Q2 Quarterly Carbon Update; Achieves Savings of EUR 185 Million Since Start of 2008 as a Result of Focused Sustainability Initiatives

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SAP Announces Q2 Quarterly Carbon Update; Achieves Savings of EUR 185 Million Since Start of 2008 as a Result of Focused Sustainability Initiatives

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SAP Achieves Cost Avoidance of EUR 185 Million Since Start of 2008 as a Result of Focused Sustainability Initiatives

Thursday, July 28, 2011 - 10:00am

CONTENT: Press Release

(3BL Media / theCSRfeed) SAP NEWSBYTE — July 28, 2011 — SAP AG (NYSE: SAP) today released its quarterly sustainability update and shared that it has achieved a cost avoidance of approximately EUR 185 million between the start of 2008 and today as a result of focused sustainability initiatives. The company’s greenhouse gas (GHG) emissions for the quarter ending June 30, 2011, totaled 115 kilotons (not including Sybase), which is a year-over-year increase of eight percent compared to the second quarter of 2010. With a five percent increase in SAP’s employee base, the emissions per employee (in full-time equivalents) increased by three percent. SAP remains on target to meet the year-end emissions objective of 460 kilotons — in line with the long-term target to reduce GHG emissions to year-2000 levels by 2020. 

As part of its ongoing commitment to sustainable operations, SAP realized a EUR 185 million cost avoidance in comparison to a “business as usual” extrapolation leveraging 2007 as a baseline. Emissions and cost avoidance was achieved through a variety of efforts, including investments in energy and carbon efficiency projects, changes in employee behavior and the use of electricity from renewable sources.
 
For the first time, SAP is reporting against its goal of attaining 25 percent women in management by 2017. For the second quarter of 2011, the company employed 18.2 percent women in management, up from 17.8 percent at the end of 2010.
 
For more information, visit the Sustainability newsroom. For the complete quarterly update, including emissions data, access the 2010 SAP Sustainability Report at www.sapsustainabilityreport.com. Follow SAP Twitter at@sustainableSAP and@sapnews.
 
Media Contact:
Evan Welsh, SAP, +1 (610) 203-9742, evan.welsh@sap.com, EDT

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Keywords: Business & Trade | Carbon | SAP | Sustainability | Women in Management | renewable energy

CONTENT: Press Release