Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Pixar’s Chief Creative Officer Says AI Is the ‘Blah Average of Things’

July 5, 2025

OPEC+ Surprises With Oversized Output Hike

July 5, 2025

How weather conditions set the stage for deadly Texas flash floods

July 5, 2025
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » SAP Secures 37,000 Tons of Carbon Removals Through Climeworks Partnership
ESG & Sustainability

SAP Secures 37,000 Tons of Carbon Removals Through Climeworks Partnership

omc_adminBy omc_adminJune 18, 2025No Comments2 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


SAP will neutralize residual emissions with 37,000 tons of high-quality carbon removals through 2034.

SAP and Climeworks are co-creating ERP-integrated carbon management tools to help enterprises manage decarbonization at scale.

Climeworks adopts SAP S/4HANA to scale operations, boost compliance, and support future growth in carbon removal.

SAP has entered a strategic partnership with carbon removal pioneer Climeworks to secure 37,000 tons of high-integrity carbon removal credits by 2034. The agreement supports SAP’s net-zero commitments and embeds carbon drawdown into its long-term decarbonization strategy using Direct Air Capture, Biochar, and Enhanced Rock Weathering.

“Investing in quality carbon removals addresses emissions we can’t eliminate directly,” said Sophia Mendelsohn, SAP’s Chief Sustainability & Commercial Officer. “Our Climeworks partnership secures high-integrity capacity at preferred rates while protecting against price volatility.”

Sophia Mendelsohn, SAP’s Chief Sustainability & Commercial Officer

The alliance reflects SAP’s adherence to the Science-Based Targets initiative’s (SBTi) Corporate Net-Zero Standard and bolsters its ability to support partners in a low-carbon transition. Beyond offsetting residual emissions, the collaboration will enable innovation in carbon management software solutions.

RELATED ARTICLE: Climeworks Unveils Generation 3 Technology, Targets Megaton Carbon Capture Expansion

The companies are co-creating ERP-centric tools using the SAP Sustainability Control Tower and SAP Store, providing enterprises with integrated capabilities to track, manage, and mitigate emissions across value chains.

“Climeworks and SAP share the belief that sustainability is a core element of business strategy,” said Christoph Gebald, co-founder and co-CEO of Climeworks. “We’re embedding carbon removal into enterprise technology, making it easily actionable for businesses worldwide.”

Christoph Gebald, co-founder and co-CEO of Climeworks

Climeworks is also scaling its internal operations through SAP, having implemented SAP S/4HANA Public Cloud and SAP LeanIX under the GROW with SAP program. These tools enhance compliance, operational efficiency, and real-time financial oversight—critical for the expanding carbon removal industry.

“Implementing SAP was the right step. It ensures compliance, supports our focus on profitability, and allows real-time financial data management,” Gebald added.

Follow ESG News on LinkedIn



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

UK Local Authorities Plan £67 Billion in Climate Projects: CDP Report

July 4, 2025

Luxembourg Stock Exchange Launches Transition Finance Gateway Using Net Zero Tracker Data

July 4, 2025

Turkey Sets 2030 Target to Cut Aviation Emissions by 5% Using Sustainable Fuel

July 4, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

LPG sales grow 5.1% in FY25, 43.6 lakh new customers enrolled, ET EnergyWorld

May 16, 20254 Views

South Sudan on edge as Sudan’s war threatens vital oil industry | Sudan war News

May 21, 20253 Views

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20072 Views
Don't Miss

Opec+ plans to boost oil output in bid to win back market share

By omc_adminJuly 5, 2025

Stay informed with free updatesSimply sign up to the Oil & Gas industry myFT Digest…

U.S. House passes Trump’s tax bill in move that reverses much of Biden’s clean energy push

July 4, 2025

UK Local Authorities Plan £67 Billion in Climate Projects: CDP Report

July 4, 2025

Luxembourg Stock Exchange Launches Transition Finance Gateway Using Net Zero Tracker Data

July 4, 2025
Top Trending

Texas flooding latest: desperate search for survivors after dozens killed and girls at summer camp missing | Texas

By omc_adminJuly 5, 2025

Phlair, Carbon Removal to Develop Largest DAC Carbon Removal Project in Europe

By omc_adminJuly 4, 2025

Extreme heatwaves may cause global decline in dairy production, scientists warn | Extreme heat

By omc_adminJuly 3, 2025
Most Popular

The 5 Best Soundbars of 2025

May 6, 20251 Views

Energy Department Lifts Regulations on Miscellaneous Gas Products

May 2, 20251 Views

Pixar’s Chief Creative Officer Says AI Is the ‘Blah Average of Things’

July 5, 20250 Views
Our Picks

Methane Emission Tracking Satellite Lost in Space, EDF Says

July 5, 2025

Angola Raises Diesel Price by 33 Pct, Third Increase This Year

July 4, 2025

U.S. House passes Trump’s tax bill in move that reverses much of Biden’s clean energy push

July 4, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.