SAP business motivates to increase the cost of ziprecruiter Alexandrov | 16.10.2020
SAP introduced the initiative “5 & 5 by ’25”. By 2025, 5% of targeted spending, it will
guide social enterprises. It is expected that this will help to encourage businesses worldwide to purchase goods and services from such companies, the joint efforts contribute to positive change
According to the world Bank, global spending on procurement in 2019 amounted to $14 trillion. Directing even a small portion of these costs certified social enterprises, we
will contribute to the solution of urgent social and environmental problems.
Pilot projects in selected markets showed that by 2025 SAP will be able to send annually to $60 million of its targeted global spending to social enterprises. Among the companies included in
listing DAX, this figure is estimated at about 2.5 billion euros, Fortune 500 – to $25 billion.