SAP NEWSBYTE - September 09, 2010 - For the fourth consecutive year SAP AG (NYSE: SAP) has been named as the leader of the software sector of the Dow Jones Sustainability Indexes (DJSI), comprising the Dow Jones Sustainability Index World and Dow Jones STOXX Sustainability Index.
The DJSI follow a best-in-class approach and include sustainability leaders from each industry on a global and regional level respectively. The annual review of the DJSI family is based on a thorough analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, branding, climate change mitigation, supply chain standards and labor practices.
For the software sector, DJSI reviewed a total of 30 companies. SAP had sector-leading scores in 11 of the 20 key dimensions, including customer relationship management, risk and crisis management, innovation management, human capital development, corporate citizenship and labor practice indicators. SAP obtained sector-leading scores for its environmental and social reporting through its interactive sustainability report. Moreover, the company achieved the best score for the software sector in the social dimension.
In recent years, SAP has been recognized consistently for its sustainable business practices by the leading global sustainability rankings, including the Global 100 list of the most sustainable corporations in the world, the FTSE4Good index and the Global Challenges Index. In addition, SAP China was recently named as one of the “Top 50 Green Companies in China” by Business Watch magazine. In Germany, the company is nominated for the 2010 German Sustainability Award in the category “most sustainable strategy.”
In the past year, SAP has continued the execution of its sustainability strategy, which includes both managing its internal operations in a sustainable way and delivering solutions that support its customers’ sustainable business practices. The company introduced a SAP Supplier Code of Conduct to directly address sustainability issues within its own global network of suppliers. SAP also engaged with the Sustainability Consortium as the organization’s first global technology steering committee member.
In addition to issuing an annual sustainability report, in early 2010 SAP started providing quarterly sustainability updates. These quarterly reports offer updates on SAP’s performance and track the company’s progress toward meeting its aggressive carbon footprint reduction goals. In 2009 SAP announced its commitment to reduce the company’s total carbon emissions to the year-2000 emissions level of approximately 275 kilotonnes by the year 2020. This represents an overall reduction of about half compared to SAP’s year-2007 peak levels of 540 kilotonnes.
Source: SAP AG
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