SAP SE 2023 AR2
The report details SAP's financial and non-financial performance for the fiscal year 2023. Key highlights include a 20% growth in cloud revenue to ’13.66 billion and a 6% increase in total revenue to ’31.21 billion. The company successfully achieved its carbon neutrality commitment for its own operations, reducing net carbon emissions to zero kilotons. Additionally, SAP continued its transition to the cloud, with the share of more predictable revenue increasing to 81%. The company also announced a company-wide restructuring program for 2024 to focus on key strategic growth areas like Business AI.
Company: SAP SE
Sector: Information Information Technology
Country: Germany
Year: 2023
Type: AR2
Pages: 285
SAP SE
Annual Report On Form 20-F
The report details SAP's financial and non-financial performance for the fiscal year 2023. Key highlights include a 20% growth in cloud revenue to ’13.66 billion and a 6% increase in total revenue to ’31.21 billion. The company successfully achieved its carbon neutrality commitment for its own operations, reducing net carbon emissions to zero kilotons. Additionally, SAP continued its transition to the cloud, with the share of more predictable revenue increasing to 81%. The company also announced a company-wide restructuring program for 2024 to focus on key strategic growth areas like Business AI.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Energy Consumption
Women in Management
Net Zero Target
Employees