Newsbyte: SAP Leads Global Sustainability Rankings
WALLDORF, Germany, Sept. 13, 2013 /PRNewswire/ -- SAP AG (NYSE: SAP) today announced that it has been ranked the most sustainable software and services company by Dow Jones Sustainability Index (DJSI) for the seventh consecutive year. The company also achieved inclusion in the CDP's Global 500 Climate Disclosure and Performance Leadership Indexes [PDF]. The rankings recognize the exemplary actions SAP has taken to embed sustainability across its business worldwide and its efforts to continuously reduce carbon emissions since 2007. Both reports are aimed at helping investors and other stakeholders understand how listed companies are managing financial, social and environmental risks and opportunities.
Since its inception in 1999, the DJSI has become the leading benchmark for investors that integrate sustainability considerations into their portfolios. In the 2013 DJSI, SAP has sector-leading scores in 15 of the 21 key dimensions, up from 12 last year. These include Brand Management, Supply Chain Management, Climate Strategy, Environmental Reporting, Operational Eco-Efficiency, Labor Practices & Human Rights, Human Capital Development, Social Reporting and Talent Attraction & Retention.
The accompanying Industry Leader Report [PDF] for DJSI says, "In 2012, SAP AG published its first Integrated Report, merging its financial reporting from its Annual Report with its sustainability reporting procedures. Such a move demonstrated SAP's commitment to integrating sustainability into the entire company's strategy and business model." SAP is further commended for its "internal efficiency measures that have contributed to a cumulative cost avoidance of EUR 220 million," employee retention-focused programs and corporate social responsibility activities.
SAP was also recognized by the CDP, a non-profit that manages the world's leading global environmental disclosure system. The CDP Global 500 Climate Change Report 2013 [PDF] recognizes SAP both for its approach to disclosing climate change-related data and actions to mitigate the risks of climate change. For the first time SAP attained inclusion in CDP's Global 500 Climate Disclosure Leadership Index; it is the company's second year on CDP's Global 500 Climate Performance Leadership Index (CPLI.)
The official rankings for both indices were announced on September 12, 2013.
SAP has also been nominated for the German Sustainability Award in the category "most sustainable strategy for the future." The award is endorsed by the German Federal Government, the National Council for Sustainable Development and numerous scientific organizations and associations, including UNESCO and UNICEF. One of the most prestigious sustainability awards in Europe, winners will be announced on November 22.
"At SAP, we are driven by the vision to help the world run better — through our solutions for customers and consumers, our own internal operations and by giving back to society," said Peter Graf, chief sustainability officer, SAP. "This week's public recognition of SAP as a worldwide sustainability leader is result of our achievements in realizing this goal. This is a tremendous validation of our efforts to embed sustainability across the company globally and help ensure the long-term success of our customers' and our own business."
SOURCE SAP AG