10 Aug '11, 1pm

How SAP Uses Quarterly Reports to Push Its Sustainability Efforts

How SAP Uses Quarterly Reports to Push Its Sustainability Efforts

When it comes to sustainability, "short-termism " -- the idea that companies' focus on quarterly financial reports over longer-term improvements -- is often seen as an obstacle to true progress on reducing emissions and pollution. But for SAP , taking the pulse of their sustainability efforts every three months has helped keep them on target, while refining the tools they use -- and which they sell to their customers -- to make for ever-greater results. In addition to its annual sustainability report , the company has been reporting quarterly results since Q1 2010, and has lately been highlighting its progress in terms of cost savings to the business. And the results are impressive: Since 2008, SAP's sustainability initiatives have saved the company €185 million -- more than US$263 million -- in operating costs. In the last quarter alone, that number has grown by more than...

Full article: http://www.greenbiz.com/blog/2011/08/10/how-sap-uses-quar...

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