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Newsbyte: SAP Releases Second Quarter Sustainability Update, Introduces New Corporate Social Responsibility Programs
Jul 25, 2012 (04:07 PM EDT)
WALLDORF, Germany, July 25, 2012 /PRNewswire/ -- SAP AG (NYSE: SAP) today released its quarterly sustainability update with a preliminary, unaudited CO2 emissions report for the second quarter ending June 30, 2012. The company shows strong yearly momentum for key metrics including emissions and women in management. As part of its commitment to help the world run better, SAP also introduced new corporate social responsibility (CSR) programs focused on supporting entrepreneurs and small businesses in emerging economies.
SAP decreased its carbon footprint from the previous quarter by 11 percent, though results are five percent higher than the second quarter of 2011. During the second quarter of 2012, which saw record growth for SAP, emissions from business flights remained high at 55 kilotons, but decreased from 66 kilotons during the first quarter of this year. The company continues to encourage alternatives to business travel to meet its year-end carbon target of 480 kilotons.
SAP expanded its practice of purchasing energy from renewable sources in the U.S. and Canada. As a result of this program — and continued energy efficiency programs at facilities and data centers — the company reduced its emissions by 19 percent globally.
During the second quarter, SAP also announced new social investment initiatives designed to help both entrepreneurs and small to midsize businesses successfully drive regional economic growth, innovation and job creation. Endeavor, a non-governmental organization (NGO) that supports high-growth entrepreneurs in emerging markets, will use SAP analytic technology to demonstrate its impact on local economies and inspire future business people. In addition, SAP has teamed with Ashoka Changemakers to initiate a global competition, "The Power of Small: Entrepreneurs Strengthening Local Economies," which will award US$10,000 to four winners based on the key criteria of innovation, social impact and sustainability. Ashoka Changemakers is a global community that fosters social entrepreneurs' innovative solutions to help address pressing social problems.
Other key results:
For the complete quarterly update, including emissions data, visit www.sapsustainabilityreport.com. For more information, visit the SAP Newsroom. Follow SAP on Twitter at @sapnews and @sustainableSAP.
SOURCE SAP AG