SAP's Voluntary Carbon Market Disclosure in Compliance with California Assembly Bill No. 1305
In order to be compliant with the California Voluntary Carbon Market Disclosures Act (Assembly Bill 1305), SAP discloses information on purchased carbon credits retired to uphold SAP’s climate finance commitment in 2025. This disclosure complements the SAP Integrated Report to ensure full compliance with The Voluntary Carbon Market Disclosures Act (California Assembly Bill No. 1305). Download the DocumentSAP Voluntary Carbon Market Disclosure
© 2025 SAP SE or an SAP affiliate company. All rights reserved. See Legal Notice on www.sap.com/legal-notice for use terms, disclaimers, disclosures, or restrictions related to this material.
Voluntary Carbon Market Disclosure in Compliance with AB No. 1305
SAP’s Climate Finance Contribution Beyond the Value Chain
SAP annually invests in carbon credits1 generated by nature-based and/or engineered climate projects
beyond our value chain. These voluntary investments help reduce and remove more CO2e than SAP's
own operations (scope 1 and 2 market-based) and business travel cause in a year. They complement
SAP’s decarbonization efforts and take responsibility for yet unavoidable emissions. Carbon credits
financed through SAP’s contribution to climate finance are not counted toward SAP’s net-zero target
and do not reduce SAP’s carbon footprint in line with SBTi.
More information on SAP's company data and claims can be found in the SAP Integrated Report which
is externally verified and audited by an independent third-party. This annual report is publicly available
on SAP's website and includes information on SAP's greenhouse gas emissions, science-based target,
and how claims are accomplished and interim progress toward goals is measured.
Voluntary Carbon Credits Retired for Financial Year 2025
The below disclosure on purchased carbon credits retired to uphold SAP’s climate commitment in the
period of January 1 to December 31, 2025, complements the SAP Integrated Report to ensure
compliance with The Voluntary Carbon Market Disclosures Act (California Assembly Bill No. 1305).
Project name
as listed
Registry /
program
ICROA2
endorsed
Project
ID
Project
type
Project
location
Carbon
protocol
Business
entity
selling
CommuniTree Carbon
Program Plan Vivo Yes PV_201
1_006
Carbon
removal Nicaragua
Plan Vivo
Carbon
Standard V4.0
Zero Imprint
Limited
Kuamut Rainforest
Conservation Project
Verified
Carbon
Standard
Yes VCS
2609
Carbon
removal Malaysia VM0010 Removall SAS
Langenhausener Moor
Peatland Project
Moor-
Futures No MF-NDS
2
Avoided
emission Germany MoorsFuture
Methodology
First Climate
Markets
GmbH
Katingan Peatland
Restoration and
Conservation Project
Verified
Carbon
Standard
Yes VCS
1477
Avoided
emission Indonesia VM0007
Shell Trading
International
Limited
Qori Q'oncha -
Improved cookstoves
diffusion programme in
Peru
Gold
Standard Yes GS
5107
Avoided
emission Peru GS TPDDTEC
v 2.
LIVELIHOODS
FUND SICAV
SIF
Reduction of deforest-
ation and degradation
in Tambopata National
Reserve and Bahuaja-
Sonene National Park
within the area of
Madre de Dios region
–Peru
Verified
Carbon
Standard
Yes VCS
1067
Avoided
emission Peru VM0007 GoodCarbon
Impact GmbH
1 Carbon credits are tradable certificates representing one ton of greenhouse gases avoided, reduced, or removed from the atmosphere.
They can be retired to offset an entity’s carbon footprint or to demonstrate the carbon benefit without using it for offsetting. This definition is
in alignment with the Science-Based Targets initiative and the ISO 14068 standard.
2 The International Carbon Reduction and Offset Alliance (ICROA) is a non-profit initiative assessing the rigor of crediting programs. Endorsed
programs are successfully assessed against ICROA criteria indicating operation with high integrity. https://icroa.org/endorsed-organisations/
© 2025 SAP SE or an SAP affiliate company. All rights reserved. See Legal Notice on www.sap.com/legal-notice for use terms, disclaimers, disclosures, or restrictions related to this material.
Voluntary Carbon Market Disclosure in Compliance with AB No. 1305
SAP’s Climate Finance Contribution Beyond the Value Chain
SAP annually invests in carbon credits1 generated by nature-based and/or engineered climate projects
beyond our value chain. These voluntary investments help reduce and remove more CO2e than SAP's
own operations (scope 1 and 2 market-based) and business travel cause in a year. They complement
SAP’s decarbonization efforts and take responsibility for yet unavoidable emissions. Carbon credits
financed through SAP’s contribution to climate finance are not counted toward SAP’s net-zero target
and do not reduce SAP’s carbon footprint in line with SBTi.
More information on SAP's company data and claims can be found in the SAP Integrated Report which
is externally verified and audited by an independent third-party. This annual report is publicly available
on SAP's website and includes information on SAP's greenhouse gas emissions, science-based target,
and how claims are accomplished and interim progress toward goals is measured.
Voluntary Carbon Credits Retired for Financial Year 2025
The below disclosure on purchased carbon credits retired to uphold SAP’s climate commitment in the
period of January 1 to December 31, 2025, complements the SAP Integrated Report to ensure
compliance with The Voluntary Carbon Market Disclosures Act (California Assembly Bill No. 1305).
Project name
as listed
Registry /
program
ICROA2
endorsed
Project
ID
Project
type
Project
location
Carbon
protocol
Business
entity
selling
CommuniTree Carbon
Program Plan Vivo Yes PV_201
1_006
Carbon
removal Nicaragua
Plan Vivo
Carbon
Standard V4.0
Zero Imprint
Limited
Kuamut Rainforest
Conservation Project
Verified
Carbon
Standard
Yes VCS
2609
Carbon
removal Malaysia VM0010 Removall SAS
Langenhausener Moor
Peatland Project
Moor-
Futures No MF-NDS
2
Avoided
emission Germany MoorsFuture
Methodology
First Climate
Markets
GmbH
Katingan Peatland
Restoration and
Conservation Project
Verified
Carbon
Standard
Yes VCS
1477
Avoided
emission Indonesia VM0007
Shell Trading
International
Limited
Qori Q'oncha -
Improved cookstoves
diffusion programme in
Peru
Gold
Standard Yes GS
5107
Avoided
emission Peru GS TPDDTEC
v 2.
LIVELIHOODS
FUND SICAV
SIF
Reduction of deforest-
ation and degradation
in Tambopata National
Reserve and Bahuaja-
Sonene National Park
within the area of
Madre de Dios region
–Peru
Verified
Carbon
Standard
Yes VCS
1067
Avoided
emission Peru VM0007 GoodCarbon
Impact GmbH
1 Carbon credits are tradable certificates representing one ton of greenhouse gases avoided, reduced, or removed from the atmosphere.
They can be retired to offset an entity’s carbon footprint or to demonstrate the carbon benefit without using it for offsetting. This definition is
in alignment with the Science-Based Targets initiative and the ISO 14068 standard.
2 The International Carbon Reduction and Offset Alliance (ICROA) is a non-profit initiative assessing the rigor of crediting programs. Endorsed
programs are successfully assessed against ICROA criteria indicating operation with high integrity. https://icroa.org/endorsed-organisations/