SAP's green initiatives save $263m
Dubai, August 15, 2011
German global software communication company SAP AG has achieved a cost avoidance of approximately $263 million as a result of focused sustainability initiatives launched since 2008.
The company's greenhouse gas (GHG) emissions for the quarter ending June 30, totaled 115 kilotons (not including Sybase), which is a year-over-year increase of 8 percent compared to the second quarter of 2010, the company said.
With a 5 percent increase in SAP's employee base, the emissions per employee (in full-time equivalents) increased by 3 percent.
SAP remains on target to meet the year-end emissions objective of 460 kilotons — in line with the long-term target to reduce GHG emissions to year-2000 levels by 2020, a statement said.
As part of its ongoing commitment to sustainable operations, SAP realised $263 million cost avoidance in comparison to a "business as usual" extrapolation leveraging 2007 as a baseline.
Emissions and cost avoidance was achieved through a variety of efforts, including investments in energy and carbon efficiency projects, changes in employee behavior and the use of electricity from renewable sources, it said.
For the first time, SAP is reporting against its goal of attaining 25 percent women in management by 2017. For the second quarter of 2011, the company employed 18.2 percent women in management, up from 17.8 percent at the end of 2010. – TradeArabia News Service