The economic impact of SAP in the UK
This report is more than a traditional economic impact study, as it also describes the environmental and social impact of this company. Using Oxford Economics' Global Impact Model, we quantified SAP's operations in the UK and SAP's direct and environmental footprint, as the company announces a €250 million investment into cloud-based services in the UK over the coming five years.
What you will learn:
- SAP supported a £687 million contribution to UK GDP, sustained 6,150 jobs across the country, and generated £242 million of UK tax revenues in 2020.
- The study also analyzed the role SAP plays in upskilling its staff. It provided over 78,000 hours of training to its employees in the 18 months to June 2021.
- Finally, the study analyses SAP’s economic footprint in the UK. It offsets 62% of its direct carbon emissions in 2020, as it targets carbon neutral operations by 2023.
Topics: Economic impact, United Kingdom, Technology and communications, Employment, Forward thinking newsletter - US, Environmental sustainability, Environmental impact
