SAP AG (NYSE: SAP) has scored high marks in the 2011 Dow Jones Sustainability Indexes (DJSI) and Carbon Disclosure Project Global 500 report, advancing its position as a sustainability leader in the software industry.
For the fifth consecutive year, SAP has maintained its position as software sector leader in the DJSI, comprising the Dow Jones Sustainability Index World and Dow Jones STOXX Sustainability Index. In 2011, SAP obtained a weighted rating of 76 percent across the indexes’ economic, environmental and social dimensions. The company improved its scores in the areas of labor practice indicators, standards for suppliers, environmental policy and code of conduct.
Following a best-in-class approach, the DJSI include companies across all industries that out-perform their peers in a number of sustainability metrics. The indexes are based on an annual sustainability performance analysis of the world’s 2,500 largest companies from the 57 sectors that encompass economic, environmental and social criteria, such as corporate governance, water-related risks and stakeholder relations, as well as industry-specific risks and opportunities.
The Carbon Disclosure Project (CDP), an independent not-for-profit organization, named SAP among the top 10 best performing companies in the 2011 edition of the annual Carbon Disclosure Project Global 500 report. This year, SAP is featured in both the Carbon Performance Leadership Index (CPLI) and Carbon Disclosure Leadership Index (CDLI), commending its leadership in reducing emissions and mitigating the risks of climate change.
The report, written by global professional services firm PwC on behalf of CDP, highlights Global 500 companies that have demonstrated a strong commitment to strategy, governance, stakeholder communications and emissions reduction in their CDP responses.
“As we continue on our journey to become a sustainable organization, we are honored that our efforts have been recognized by these leading organizations that are working to baseline performance and recognize organizations committed to sustainable business strategies,” said Peter Graf, Chief Sustainability Officer, SAP. “It validates our continued commitment to live those same principles that in parallel we are helping our customers pursue.”
In its most recent quarterly sustainability update, SAP announced that as a result of sustainability initiatives, it achieved cost avoidance of approximately EUR 185 million since 2008 and reduced its carbon footprint by 25 percent since 2007.
Source: SAP.
