SAP Maintains Position in Global Challenges Index One Year After Its Introduction
Company Also Recognized Again by Dow Jones Sustainability Indexes for Sustainability Efforts
WALLDORF, Germany - SAP AG (NYSE: SAP) today announced that the company was named to the Global Challenges Index for the second consecutive year. Last year, the Hanover Stock Exchange and Oekom Research, an independent sustainability rating agency, introduced the Global Challenges Index to the financial market in order to provide a tangible definition of sustainability for investors. The index is based on how companies address social and environmental challenges and is drawn from a universe of 900 companies worldwide. SAP continues to be one of only 50 companies selected for inclusion.
The Global Challenges Index defines sustainability by focusing on seven future-oriented global challenges. They include climate change, provision of drinking water, sustainable forest management, biodiversity, population development, poverty reduction and support for responsible management (governance) structures. It further sets stringent environmental, social and governance (ESG) performance criteria for the companies listed and identifies pioneers that use opportunities provided by global change.
SAP’s inclusion in the Global Challenges Index in 2008 follows on the heels of the company’s recent announcement that the it has maintained its leadership position in the Dow Jones Sustainability Indexes (DJSI) (Dow Jones Sustainability Index World and Dow Jones Stoxx Sustainability Index) for the second consecutive year (see September 9, 2008 announcement, titled “SAP Continues to Lead Software Sector in Dow Jones Sustainability Indexes.”) SAP again leads the software sector, a sub-segment of the technology super sector. In this recognition, SAP received highest industry ratings for Risk & Crisis Management, Innovation Management and Talent Attraction.
“We are honored that SAP is once again recognized for its corporate performance on sustainability,” said Jim Hagemann Snabe, member of the Executive Board, SAP AG. “Together, the rankings from the Dow Jones Sustainability Indexes and the Global Challenges Index lend further credence to our vision of a more sustainable world where economic growth and social development are more fully enabled, but with a low level of environmental impact. This recognition is made possible only by the dedication of our employees and our ecosystem of our business partners worldwide who share this vision.”
For more information, please visit the Global Challenges Index and Corporate Citizenship at sap.com.
SAP is the world’s leading provider of business software(*), offering applications and services that enable companies of all sizes and in more than 25 industries to become best-run businesses. With approximately 75,000 customers (includes customers from the acquisition of Business Objects) in over 120 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE, under the symbol “SAP.” (For more information, visit www.sap.com.)
(*) SAP defines business software as comprising enterprise resource planning and related applications.
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