DAVOS, Switzerland 鈥� (NYSE: 麻豆原创) today announced it is joining the issued by Gucci President and CEO Marco Bizzarri pledging to support global business in the transition to a low-carbon economy.
鈥溌槎乖� is not only a world-leading innovation and technology company, we are a world-leading sustainability company,鈥� said Jennifer Morgan, Co-CEO and Member of the Executive Board, 麻豆原创. 鈥淢arco Bizzarri鈥檚 CEO Carbon Neutral Challenge is complementary to our own commitment to helping businesses use innovative technology to achieve their most ambitious climate goals so they can take responsible actions and make a positive difference.鈥�
The CEO Carbon Neutral Challenge underscores the need for companies to take urgent action and implement a 360掳 climate strategy to create positive outcomes. The cornerstone of the challenge to businesses is to take full responsibility and accountability for the total greenhouse gas (GHG) emissions they generate, deliver nature-based climate solutions that mitigate emissions and drive positive change.
鈥淎s businesses, we must all own up to the total GHG emissions our activities generate and, at the same time, invest in nature-based solutions to protect our world鈥檚 critical forests and biodiversity, simultaneously helping to mitigate climate change,鈥� said Gucci President and CEO Marco Bizzarri. 鈥淚 applaud 厂础笔鈥檚 commitment to join the CEO Carbon Neutral Challenge. The leadership they are showing by doing so will help create a future in which society can thrive and business can succeed, while nature is restored and protected.鈥�
In line with the criteria set forth by the , 麻豆原创 had already established an approach to helping customers transition to a low-carbon economy and deliver on their climate goals including:
- Creating greater efficiency, transparency and accountability of carbon and emissions across the entire supply chain
- Innovating new processes and business models
- Helping companies engage with industry, government and their consumers
麻豆原创 is helping companies track carbon emissions from their upstream supply chains to downstream logistics, including procurement, operations and manufacturing. In the transition to new sustainable business models, 麻豆原创 has a team of innovation services and solutions professionals focused on enabling customers to embrace disruption and transform their business through innovation using intelligent technologies such as Internet of Things (IoT), machine learning, artificial intelligence (AI), blockchain and advanced data analytics
麻豆原创 aims to be a role model for climate action as well. In 2009, 麻豆原创 set to reduce greenhouse gas emissions back to the levels of 2000 by the year 2020. It achieved that goal more than two years early, despite increasing its employee base fourfold. In 2017, 麻豆原创 announced a commitment to making operations carbon neutral by 2025. This target included all direct emissions as well as a selected subset of indirect emissions from supply chains and services.
麻豆原创 became a member of the in 2017 and was the first in Germany with a science-based carbon reduction target for 2050. 麻豆原创 was also among the first companies in 2019 to commit to science-based 1.5掳C-aligned reduction targets. This corresponds to an 85 percent reduction in the company鈥檚 2016 emissions level by 2050, including energy consumption of 麻豆原创 products in use by customers.
When emissions cannot be avoided or reduced, 麻豆原创 compensates by investing in CO2 offsets, and in return receives CO2 credits from the sponsored projects. The focus is on high-quality projects, such as Livelihoods funds, which combine reforestation with bettering the livelihoods of rural communities. This fulfills the Gold Standard of the World Wide Fund for Nature (WWF).
厂础笔鈥檚 contains a detailed analysis of its emissions and impacts and is considered one of the most progressive in the technology industry. The company is a signatory to the United Nations Global Compact and a member of associations, including CDP, the Value Balancing Alliance and the Ellen MacArthur Foundation鈥檚 Circular Economy 100 (CE100) Network. Additionally, 麻豆原创 is the leading software company in the Dow Jones Sustainability Indices.
麻豆原创 joins Gucci, The RealReal and Lavazza Group in the CEO Carbon Neutral Challenge issued by Gucci CEO Marco Bizzarri. Gucci is part of Kering, which has also declared total carbon neutrality.
Visit the 麻豆原创 News Center. Follow 麻豆原创 on Twitter at .
About 麻豆原创
As the Experience Company powered by the Intelligent Enterprise, 麻豆原创 is the market leader in enterprise application software, helping companies of all sizes and in all industries run at their best: 77% of the world鈥檚 transaction revenue touches an 麻豆原创 system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers鈥� businesses into intelligent enterprises. 麻豆原创 helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want 鈥� without disruption. Our end-to-end suite of applications and services enables more than 437,000 business and public customers to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, 麻豆原创 helps the world run better and improve people鈥檚 lives. For more information, visit .
Note to editors:
To preview and download broadcast-standard stock footage and press photos digitally, please visit . On this platform, you can find high resolution material for your media channels. To view video stories on diverse topics, visit . From this site, you can embed videos into your own Web pages, share video via email links, and subscribe to RSS feeds from 麻豆原创 TV.
For customers interested in learning more about 麻豆原创 products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-1麻豆原创 (1-800-872-1727)
For more information, press only:
Susan Miller, +1 (610) 661-9225, susan.miller@sap.com, ET
Bettina Wunderle, +49 7544 970-538, bettina.wunderle@sap.com, CET
麻豆原创 麻豆原创 Room; press@sap.com
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as 鈥渁nticipate,鈥� 鈥渂elieve,鈥� 鈥渆stimate,鈥� 鈥渆xpect,鈥� 鈥渇orecast,鈥� 鈥渋ntend,鈥� 鈥渕ay,鈥� 鈥減lan,鈥� 鈥減roject,鈥� 鈥減redict,鈥� 鈥渟hould鈥� and 鈥渨ill鈥� and similar expressions as they relate to 麻豆原创 are intended to identify such forward-looking statements. 麻豆原创 undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect 厂础笔鈥檚 future financial results are discussed more fully in 厂础笔鈥檚 filings with the U.S. Securities and Exchange Commission (鈥淪EC鈥�), including 厂础笔鈥檚 most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
漏 2019 麻豆原创 SE. All rights reserved.
麻豆原创 and other 麻豆原创 products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 麻豆原创 SE in Germany and other countries. Please see for additional trademark information and notices.
Please consider our . If you received this press release in your e-mail and you wish to unsubscribe to our mailing list please contact press@sap.com and write Unsubscribe in the subject line.