SAP
| Industry:internet & software | ISIN:DE0007164600 | Country:DE | CRR:C+ |
Company Profile:
SAP provides companies of all sizes with business software solutions. The company has three segments: product, consulting and training. By selling their software solutions and the license of its products, including consulting, maintenance and training, the company generates revenues. The main applications for the operating systems include accounting, financial management, logistics, personnel, specialised programming and basic functions.
Strengths/weaknesses profile:
Strengths:
- programme to support the fight against corruption
- detailed and comprehensive code of conduct covering important aspects of business ethics
- comprehensive community involvement policy and management
- commitment to the principles of the UN Global Compact
Weaknesses:
- no comprehensive policy on environmental issues
- lack of transparency regarding the implementation of environmental management systems
Reasons for inclusion in the Index:
SAP is heavily involved in the global fight against corruption. The company, among other things, supports Ghana in complying with the guidelines of the Extractive Industries Transparency Initiative (EITI). Within the scope of a development project, the company donated a solution to the Ghanaian Ministry of Finance and Economic Planning, which enables surveillance and analysis of payment flows from the extractive sector as well as detection of malpractices. SAP plans to expand its support for the EITI-process to further countries.
Company website:www.sap.com