Potential offtaker

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Which other companies from Germany are actively involved in decarbonization initiatives?
  • McKesson Europe AG
  • Deutsche Lufthansa Aktiengesellschaft
  • BASF
  • Stemmer Imaging AG
  • Brenntag SE
  • Zentis GmbH & Co. KG
  • SAP is a German multinational software corporation that specializes in enterprise software. The company was founded in 1972 by five former IBM employees and has since grown to become one of the largest software companies in the world. SAP's software is used by businesses of all sizes to manage their operations, finances, and customer relationships.

    In recent years, SAP has become increasingly focused on sustainability and decarbonization. The company has set ambitious goals to reduce its greenhouse gas emissions and become carbon neutral by 2025. SAP has also been working to help its customers reduce their carbon footprints through the use of its software.

    One way that SAP is helping its customers reduce their carbon footprints is through the use of corporate power purchase agreements (PPAs). A corporate PPA is an agreement between a company and a renewable energy provider to purchase a certain amount of renewable energy at a fixed price over a set period of time. By entering into a corporate PPA, companies can reduce their reliance on fossil fuels and support the development of renewable energy projects.

    SAP has been a leader in the corporate PPA market, having signed several agreements to purchase renewable energy from wind and solar projects around the world. In 2019, SAP signed a 10-year agreement to purchase 58 MW of wind power from a project in Argentina. This agreement is expected to reduce SAP's greenhouse gas emissions by 85,000 tons per year.

    SAP has also been working to reduce its own energy consumption and increase its use of renewable energy. The company has set a goal to source 100% renewable electricity for its operations by 2025. To achieve this goal, SAP has been investing in renewable energy projects and working to increase the energy efficiency of its buildings and data centers.

    One way that SAP is reducing its energy consumption is through the use of corporate energy management software. This software allows companies to monitor and manage their energy consumption in real-time, identify areas where energy is being wasted, and implement energy-saving measures. SAP's energy management software has been used by companies around the world to reduce their energy costs and carbon footprints.

    In addition to its focus on decarbonization and renewable energy, SAP has also been working to promote sustainability in other areas of its business. The company has set a goal to reduce its water consumption by 50% by 2025 and has been working to reduce waste and increase recycling in its operations.

    SAP has also been working to promote sustainability in its supply chain. The company has set a goal to have 75% of its suppliers commit to sustainability goals by 2025. SAP has been working with its suppliers to help them reduce their environmental impact and improve their social and labor practices.

    Overall, SAP is a company that is committed to sustainability and decarbonization. The company has set ambitious goals to reduce its greenhouse gas emissions and become carbon neutral, and is working to help its customers and suppliers do the same. Through the use of corporate PPA agreements, energy management software, and other sustainability initiatives, SAP is helping to create a more sustainable future for businesses and the planet.

    ✓ Re100 member
    ✓ Science Based Targets member
    ✓ Declared Net Zero commitment