SAP's Trading Volume Drops 40% Ranking 377th Amid Decarbonization Alliance with Climeworks

On June 17, 2025, SAP's trading volume was 2.03 billion, a 40.07% decrease from the previous day, ranking 377th in the day's stock market. SAP's stock price fell by 1.11%.
SAP and Climeworks, two leading European technology companies, have formed an alliance to advance decarbonization. The multi-million-euro agreement secures 37,000 tons of high-quality carbon removal credits until 2034. Climeworks will remove CO2 for SAP through Direct Air Capture, Biochar, and Enhanced Rock Weathering, tailored to SAP's business context. Additionally, the companies have initiated a co-creation process to support businesses with fully ERP-centric carbon management, and Climeworks has adopted SAP's enterprise solutions to scale its operations.
SAP's investment in Climeworks' carbon removal portfolio aligns with the Science-Based Targets initiative’s Corporate Net-Zero Standard. This move strengthens SAP's resilience against climate-related risks and unlocks expertise to support customers and partners in transitioning to a low-carbon economy. SAP Chief Sustainability & Commercial Officer, Sophia Mendelsohn, highlighted that investing in quality carbon removals addresses emissions that cannot be eliminated directly, secures high-integrity capacity at preferred rates, and protects against price volatility. This investment also strengthens SAP economically, enabling the development of new products that meet evolving customer, partner, and regulatory expectations.
SAP and Climeworks are collaborating to pioneer sustainability solutions that help businesses meet their net-zero goals. Their shared vision for tech-enabled solutions with global impact has led to the co-creation of solutions to manage a company’s carbon removal portfolio. These solutions, such as the SAP Sustainability Control Tower and SAP Store, provide enterprises with seamless, ERP-centric tools to measure, manage, and mitigate their carbon footprints, enabling data-driven climate action at scale. Christoph Gebald, co-founder and co-CEO of Climeworks, emphasized that this partnership advances carbon removal as a key solution to mitigate climate change-induced business risks and embeds it into enterprise technology, making it easily actionable for businesses worldwide.
As part of the alliance, Climeworks has implemented SAP S/4HANA Public Cloud through the GROW with SAP program, as well as SAP LeanIX, ensuring a scalable, future-proof platform. This helps streamline operations, enforce compliance, and optimize financial management, key for scaling in the carbon removal industry. Climeworks plans to expand its use of SAP’s sustainability solutions, including the SAP Sustainability Control Tower. Christoph Gebald concluded that implementing SAP ensures compliance, supports profitability, and allows real-time financial data management.
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