Environment

SAP Vows to Target Net Zero Across the Value Chain by 2030

Published on: 20 January 2022 05:43 PM
by KnowESG
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A Brief Summary

SAP, a leading corporate application software corporation, established a new goal of achieving net-zero emissions across its whole value chain by 2030, 20 years earlier than its previous goal. The firm intends to minimise emissions from the usage of SAP's marketed products as a major lever, followed by purchased goods and services.

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As efforts to address the climate impact of business increasingly shift to reducing emissions outside of companies' direct control, or 'Scope 3,' which often constitute the majority of company emissions, value chain decarbonization is emerging as a major focus for sustainability initiatives at companies around the world.

According to SAP, carbon emissions across its whole value chain, including upstream and downstream emissions, totalled 12,300 kt in 2020, compared to 135 kt net emissions for SAP's activities.

SAP's key focus areas include accelerating on-premise customers' migration to the cloud, strengthening engagement with key suppliers to commit to net-zero emissions and deliver carbon-neutral products and services, using best-in-class data centres with sustainable programming, and providing a cloud carbon footprint calculator for all SAP cloud products.

SAP recently announced a partnership with Accenture to jointly develop sustainability-focused solutions enabling companies to decarbonize their supply chains and embed circular economy principles across their value chains. In April 2021, SAP announced a partnership with Accenture to jointly develop sustainability-focused solutions enabling companies to decarbonize their supply chains and embed circular economy principles across their value chains.

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