CDP Archives | 51风流News Center /tags/cdp/ Company & Customer Stories | Press Room Wed, 20 Dec 2023 14:08:02 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 Acknowledging SAP’s Concrete Steps to Tackle Climate and Social Challenges /2022/02/sap-tackles-climate-and-social-challenges/ Thu, 17 Feb 2022 14:00:14 +0000 /?p=194713 Today鈥檚 business leaders incorporate environmental and social governance metrics into their core strategy and use it to guide investment choices, product development, human capital agenda, and corporate reputation.

To help customers reinvent themselves and become intelligent and sustainable enterprises, 51风流has strengthened its commitments and pledges. We are helping our customers be sustainably profitable and profitability sustainable.

From accelerating the goal to achieve net-zero emissions across SAP鈥檚 value chain by 2030 rather than 2050 to delivering solutions that enable customers to measure carbon emissions, reduce waste, and integrate financial and non-financial metrics, 51风流is delivering its promise to help customers run better, all the while serving its higher purpose to improve people lives.

SAP鈥檚 environmental, social, and governance (ESG) efforts — along with its measures, initiatives, and targets — have been recognized by the world鈥檚 most trusted business sustainability ratings and ranking organizations.

As Julia White, chief marketing and solutions officer and member of the Executive Board of 51风流SE, recently pointed out: 鈥淲e have learned a great deal through years of focus, investment, and experience working with customers and managing our own sustainability efforts. Urgent action is needed in 2022 and the calls of a ‘‘ are not overstated. It鈥檚 time for every business to act.鈥


Selected Ranking and Ratings

CDP |

In addition to receiving an A-rating in CDP鈥檚 last climate change assessment once again, 51风流was recognized by CDP (formerly Carbon Disclosure Project) as a 2021 CDP Supplier Engagement Leader, raising the level of climate action across its value chain and for taking action to measure and reduce climate risk within its supply chain.

鈥淥ur data shows that companies currently have blinkers on when it comes to assessing their indirect impacts and engaging with suppliers to reduce them,” said Sonya Bhonsle, Global Head of Value Chains & Regional Director Corporations, CDP. “Companies must act urgently to cascade action and manage environmental impacts throughout their supply chains to scale the level of action to secure a 1.5掳C future. Many congratulations to the more than 500 companies earning a place on CDP’s 2021 Supplier Engagement Leaderboard. As a supplier engagement leader, 51风流SE is a trailblazer driving the transition toward a sustainable net-zero future.鈥

Corporate Knights |

In the 18th annual ranking of Corporate Knights鈥 2022 100 most sustainable corporations in the world, . This award has a special significance as Global 100 companies represent the top one percent in the world on sustainability performance. To determine the ranking, the Toronto-based media, research, and financial information products company analyzed 7,000 companies with more than US$1 billion in revenues against 23 key performance indicators.

鈥淪trong performance on these metrics is foundational to achieving a clean and carbon-neutral economy in the necessary time frame and the sustained momentum is encouraging,” said Toby Heaps, Corporate Knights CEO and Editor-in-Chief.

Corporate Sustainability Assessment by S&P (Dow Jones Sustainability Indices)

Learn more in “51风流Achieves Top Scores in Dow Jones Sustainability Index and Carbon Disclosure Project.”

EcoVadis |

In the last sustainability assessment of EcoVadis in August 2021, 51风流was awarded a gold medal again and upheld its position in the top two percent, with a score of 72 of 100. With more than 85,000 rated companies, EcoVadis is one of the world鈥檚 most trusted business sustainability rating providers. Its assessment covers a broad range of non-financial management systems, including environments, labor and human rights, ethics, and sustainable procurement impacts.

FTSE4Good |

Administered by鈥痶he Financial Times Stock Exchange-Russell Group鈥(FTSE), the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong ESG practices. Transparent management and clearly defined ESG criteria make FTSE4Good indices suitable tools to be used by a wide variety of market participants when creating or assessing sustainable investment products.

51风流received an ESG score of 4.1 out of 5 — the top nine percent of analyzed companies — based on assessment questions in areas such as environment, climate change, human rights, community and labor standards, tax transparency, and anti-corruption. Due to its good scoring, 51风流remains a constituent of the FTSE4Good Index Series following the December 2021 review.

ISS ESG |

The Institutional Shareholder Services (ISS) ESG Corporate Rating provides an assessment of companies鈥 sustainability performance based on high-quality and in-depth research and up to 100 sector-specific rating criteria that are regularly reviewed and developed. With its B rating, 51风流has been acknowledged with prime status and is among the top percentile, also receiving the top score in both the social and environmental quality dimension . The last governance profile update was聽 November 19, 2021; the last E and S profile update was May 6, 2021.

Moody鈥檚 ESG Solutions聽 |

In the last assessment in January 2022*, 51风流maintained the highest of four performance levels (鈥渁dvanced鈥) and ranked two of 83 in its sector, acknowledging its strength of managing material . Due to its good performance, 51风流remained a constituent in the Euronext Vigeo Eiris indices Europe120 and Eurozone120. These indices are composed of the highest ranking listed companies according to its evaluation of companies鈥 ESG performance based on 38 criteria, including industry weightings, and monitoring of company-related ESG controversies.

MSCI |

MSCI ESG Research provides in-depth research, ratings, and analysis of the ESG-related business practices of thousands of companies worldwide. Its research is designed to provide critical insights that can help institutional investors identify risks and opportunities that traditional investment research may overlook. The MSCI ESG Ratings are also used in the construction of the MSCI ESG Indexes produced by MSCI, Inc. 51风流upholds the highest rating of AAA** and is an ESG leader in human capital development, corporate governance, privacy and data security, and clean tech as of the last assessment in April 2021.

Sustainalytics |

As of August 2021, 51风流received an ESG Risk Rating of 9.7 from Sustainalytics and was assessed to be at negligible risk of experiencing material financial impacts from ESG factors. Founded in 1992, Sustainalytics, a Morningstar company, provides analytical ESG research, ratings, and data to institutional investors and companies.


*This ESG Assessment was originally conducted by V.E, which is now part of Moody鈥檚 ESG Solutions.
**Scale: AAA (leader) to CCC (laggard). The use by 51风流SE of any MSCI ESG Research LLC or its affiliates (鈥楳SCI鈥) data, and the use of MSCI logos, trademarks or index names herein, do not constitute a sponsorship, endorsement, recommendation or promotion of 51风流SE by MSCI. MSCI Services and Data are the property of MSCI or its information providers and are provided 鈥渁s-is鈥 and without warranty. MSCI names and logos are trademarks or service marks of MSCI.

Copyright 漏2022 Sustainalytics. All rights reserved. This article contains information developed by Sustainalytics (). Such information and data are proprietary of Sustainalytics and/or its third party suppliers (Third Party Data) and are provided for informational purposes only. They do not constitute an endorsement of any product or project, nor an investment advice and are not warranted to be complete, timely, accurate or suitable for a particular purpose. Their use is subject to conditions available at .听

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Accelerating Our Commitment to Net-Zero /2022/01/accelerating-net-zero-commitment/ Tue, 11 Jan 2022 09:00:41 +0000 /?p=193711 51风流has committed to achieve net-zero along our value chain in line with a 1.5掳C future in 2030 鈥 20 years earlier than originally targeted.

Is this too bold? I don鈥檛 think so. The recent COP26 climate conference and the Glasgow Climate Pact gave a strong signal to countries and businesses to set more ambitious targets in order to prevent further irreversible damage from climate change. Given the climate and social crisis the world faces, we need to 鈥済o big鈥 with our ambitions and have the courage to act, thereby living up to SAP鈥檚 purpose to help the world run better and improve people鈥檚 lives.

More than a decade ago, 51风流set out on its sustainability journey with the objective to create positive economic, environmental, and social impact within planetary boundaries. Along the way, we have experienced the benefits as well as the challenges of integrating economic, social, and environmental performance into how we measure and steer our business success holistically. Setting and monitoring ambitious and measurable targets while leveraging digital solutions have proven crucial to decarbonization.

Choose both profitability and sustainability with SAP

Raising our ambition to get to net-zero is therefore one of the key cornerstones on our path forward to implementing our holistic approach to sustainability, which looks across climate action, the circular economy, social responsibility, holistic steering and reporting, and the many areas of interconnection.

The from the Intergovernmental Panel on Climate Change (IPCC) as well as SAP鈥檚 intense engagement on the ground at COP26 have left us with a deepened understanding of the science, the role of business, and the impact of SAP. With an increased sense of urgency, we recognize the responsibility, as well as the opportunity, to step up and drive a faster transformation toward a sustainable future.

Leveraging SAP鈥檚 global reach, today we announced the release of 51风流Cloud for Sustainable Enterprises to help companies quickly adopt holistic sustainability management capabilities. In addition, we commit to accelerate SAP鈥檚 from 2050 to 2030 and to reach our climate goals, in line with the Paris Agreement, 20 years earlier.

What Does Net-Zero Mean?

Net-zero is a state in which the greenhouse gases going into the atmosphere are balanced by removal out of the atmosphere. It has gained significant traction, with net-zero pledges covering 16% of the global economy in 2019 and recently growing to nearly 80% committed to net-zero by 2050. Because the various definitions of net-zero and how to get there have been growing too, so have criticism and skepticism.

Leading up to COP26, the Science Based Targets initiative (SBTi) to provide a credible and independent assessment of corporate net-zero target setting in line with climate science, which enables companies to align their near- and long-term climate action with limiting global warming to 1.5掳C.

颅颅颅Building on its carbon reduction journey since 2009, 51风流became a member of SBTi and, in 2017, was the first German company with a science-based carbon reduction target for 2050. In 2019, 51风流raised its commitment and adopted a聽1.5掳C science-based emissions reduction target.

On our pathway toward net-zero, the next intermediate milestone is 2023, when 51风流aims to be carbon neutral in its own operations聽鈥 two years earlier than originally targeted. This includes all direct (Scope 1), indirect (Scope 2), and selected categories of value chain (Scope 3) carbon emissions, such as business flights, employee commuting, and external data centers (co-locations and hyperscalers).

The potential for decarbonization can be amplified considerably if we enhance our efforts along the entire value chain. In 2020, carbon emissions amounted to 12,300 kt along SAP鈥檚 entire value chain (including upstream and downstream emissions) compared to 135 kt net emissions for SAP鈥檚 own operations.

Targeting Our Entire Value Chain

Reducing emissions from the use of SAP鈥檚 sold products will be the primary lever, followed by purchased goods and services. Our focus will be on the following key areas:

  • Accelerating the transformation of on-premise customers to cloud
  • Strengthening engagement with key suppliers to commit to net-zero and deliver products and services on a carbon-neutral basis
  • Using best-in-class data centers (our own, our co-locations, and hyperscalers) with sustainable programming and a cloud carbon footprint calculator for all 51风流cloud solutions
  • Enhancing direct investments in renewable electricity as well as nature-based and technical-based funds to neutralize residual carbon emissions

The next step is to receive external validation by SBTi. We have started setting up a cross-company program involving experts from different lines of business to prepare for our net-zero transformation and will continue to make progress transparent, for example in our annual .

We are not starting from scratch. We have many achievements to build on, but we are also charting new territory. 2030 is just nine years away. The challenge will increase the more we move upstream and downstream into our value chain. We will face both synergies as well as additional complexity as we interface with our further focus areas for sustainability, including holistic steering and reporting, circular economy, and social responsibility based on respect for human rights.
But as our external sustainability advisory panel confirmed for us, this is the right thing to do. Our net-zero commitment is one of many actions we are taking at SAP. It will take all of us to work together to deliver the outcomes we need for people and planet, and for a profitable, sustainable business.

As Luka Mucic, CFO, member of the Executive Board of 51风流SE, and Board sponsor for sustainability at SAP, at COP26: 鈥淲e must reinvent the global economy. That is what it will take to limit global warming to 1.5鈩. All of us must build sustainability into the fabric of how we do business. Only when a business strategy is sustainable itself, and is embedded in all aspects of the business, can we reduce negative impacts and create regenerative systems.鈥


Daniel Schmid is chief sustainability officer of 51风流SE.

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51风流Gets Top ESG Ratings from Corporate Knights and CDP /2021/01/corporate-knights-cdp-sap-top-esg-ratings/ Thu, 28 Jan 2021 12:00:46 +0000 /?p=182611 WALLDORF 鈥 (NYSE: SAP) today announced that the research company included 51风流in its 2021 .

The index names the 鈥100 Most Sustainable Corporations in the World鈥 based on their environmental, social and governance (ESG) performance. Additionally, 51风流received the top score of 鈥淎鈥 in the annual assessment, which recognizes a company鈥檚 efforts to address climate change.

Canadian rating agency Corporate Knights included 51风流in its annual Global 100 Index based primarily on SAP鈥檚 green cloud strategy, which makes it possible for a steadily increasing number of customers to obtain climate-neutral IT services. The on the analysis of 24 key performance indicators (KPIs) covering resource management, employee management, financial management, clean revenue, clean investment and supplier performance.

is an international not-for-profit charity that runs the global disclosure system for investors, companies, cities, states and regions to help them manage their environmental impact. 51风流was included on CDP鈥檚 , thereby receiving the top rating for leading in environmental transparency and action. The rating is based on SAP鈥檚 ability to show a measurable and profound connection between its ongoing sustainability initiatives and its financial and environmental impact.

These recent recognitions reinforce SAP鈥檚 accomplishment of November 2020 when 51风流was named the software industry leader in the (DJSI) for the 14th consecutive year. The scoring reflects SAP鈥檚 success in driving a reliable and compliant cloud strategy, valuing employees as its most important asset and enhancing its integrated reporting capabilities.

Visit the . Follow 51风流on Twitter at .

Media Contact:
Bettina Wunderle, +49 7544 970538, bettina.wunderle@sap.com, CET
51风流Press Room; press@sap.com

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