NewswireTODAY - /newswire/ - Walldorf, Rhein-Neckar-Kreis, Germany, 2020/01/21 - SAP SE has been selected for inclusion in the Bloomberg Gender-Equality Index (GEI) in 2020, the second consecutive year that the company has received this recognition - Bloomberg.com / SAP.com. NYSE: SAP

The Bloomberg GEI recognizes companies committed to transparency in gender reporting and advancing women’s equality.

Gender equality is a core company value at SAP and a priority for becoming the most inclusive software company on the planet and maintaining its competitiveness. SAP set out to increase women in management in 2011 by establishing a target of having 25 percent women in leadershipby 2017, and 30 percent by 2022. SAP hit its goal of 25 percent women in leadership six months ahead of schedule in June 2017, and as of December 2019 it reached 26.4 percent. The inclusion in the 2020 Bloomberg Index follows SAP’s recertification for Economic Dividends for Gender Equality (EDGE), a global standard, in October 2018.

Bloomberg’s Gender-Equality Index uses a standardized reporting framework that provides public companies with the opportunity to disclose how they promote gender equality in four separate areas: company statistics, policies, community engagement and products and services. Companies that score above a globally established threshold are included in the GEI. The index helps meet the demand from a growing number of investors to incorporate environmental, social and governance data into their daily investment decisions. Currently only 10 percent of eligible companies disclose their workplace gender policies and practices.

Over the last few years, the number of women hired and promoted at SAP, together with the percentage of women in leadership positions across the company, has been on an upward trend.

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
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Tags: Bloomberg, EDGE certification, gender equality, Gender-Equality Index, SAP at Davos, Women at SAP, Women in Leadership

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