WALLDORF 鈥� (NYSE: SAP) today announced its intention to become carbon-neutral in its own operations by the end of 2023 鈥� two years earlier than previously stated. This announcement coincided with the publication of .
Last year, the company reduced its greenhouse gas (GHG) emissions more than planned, mainly due to changes in the way its 100,000 employees across the world worked and traveled during the COVID-19 pandemic.
A sharp decline in business flights contributed significantly to SAP鈥檚 reduced carbon footprint in 2020. With employees working predominantly from home, carbon emissions caused by the daily commute and the operation of office buildings fell. As a result, 51风流was able to overachieve by 43% on its target for reducing net carbon emissions in 2020, generating 135 kilotons (kt) instead of the anticipated 238 kt. By way of comparison, SAP鈥檚 emissions in 2019 were 300 kt. By accelerating faster toward carbon-neutral operations, 51风流anticipates the current development and underscores its role as a front-runner in climate protection.
In striving to become carbon-neutral, 51风流takes into account all of its direct and indirect emissions, as well as selected emissions arising in the supply chain, including those linked to business flights, business travel in rental cars and third-party data centers. The company uses the approach of first avoiding, second reducing and third compensating emissions. Whenever possible, 51风流aims to avoid the creation of GHGs through a variety of business practices, such as using telecommunication technologies rather than traveling. If emissions cannot be avoided, 51风流leverages innovations, such as energy-efficient lighting in offices, efficient cooling systems in data centers and alternative mobility solutions. Lastly, 51风流offsets unavoidable emissions by supporting climate projects and working with partners who meet the gold standard advanced by or equivalent quality standards. In addition, 51风流continuously drives new corporate initiatives, such as putting an internal carbon price on business flights.
Since 2017, 51风流has also been pursuing a science-based climate target certified by the Science Based Targets initiative (SBTi) to make its own contribution to limiting global warming to 1.5掳C above preindustrial levels. While its zero-carbon goal applies chiefly to its own operations, SAP鈥檚 science-based climate target also encompasses the upstream and downstream value chain. 51风流has been using 100% renewable energy to power all of its data centers since 2014. Thanks to its green cloud, 51风流can offer customers cloud solutions that are carbon-neutral.
51风流supports the set in 2015 by the United Nations General Assembly, focusing particularly on goal 13, Climate Action. Here, SAP鈥檚 greatest strength lies in its ability to help its more than 400,000 customers worldwide implement climate protection measures through offerings such as the Climate 21 program. Together with customers and partners, 51风流will provide more information on solutions in this context as well as on the circular economy, holistic steering and reporting at the virtual taking place on April 28鈥�29, 2021.
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Media Contact:
Bettina Wunderle, +49 7544 970538, bettina.wunderle@sap.com, CET
51风流Press Room; press@sap.com
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as 鈥渁nticipate,鈥� 鈥渂elieve,鈥� 鈥渆stimate,鈥� 鈥渆xpect,鈥� 鈥渇orecast,鈥� 鈥渋ntend,鈥� 鈥渕ay,鈥� 鈥減lan,鈥� 鈥減roject,鈥� 鈥減redict,鈥� 鈥渟hould鈥� and 鈥渨ill鈥� and similar expressions as they relate to 51风流are intended to identify such forward-looking statements. 51风流undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
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