Germany’s SAP is witnessing increasing global demand for sustainability software, despite weakening climate protection commitments in the United States, according to Chief Financial Officer Dominik Asam.
Speaking to a media platform, Asam highlighted that corporate sustainability reporting remains a key focus for investors, even as the United States prepares to withdraw from the Paris Climate Agreement on 27 January 2026. The United Nations confirmed the withdrawal following Washington’s formal notification of President Donald Trump’s decision to exit the accord.
Investor interest in environmental, social, and governance (ESG) reporting remains strong despite policy shifts. “The topic of sustainability will not disappear from investors’ discussions,” Asam said. He added that businesses will continue to require accurate sustainability data and ESG analysis tools to inform decision-making.
At the World Economic Forum in Davos, Asam engaged with investors who, despite the recent US elections, remain optimistic about the future of corporate sustainability.
As regulatory frameworks evolve, SAP sees significant potential for its Green Ledger software, designed to make sustainability reporting as verifiable as financial balance sheets. The software is expected to play a crucial role in compliance with the European Corporate Sustainability Reporting Directive (CSRD), which will mandate comprehensive ESG disclosures from 2028.
Currently, chemical firm Covestro is among the early adopters of Green Ledger, but SAP anticipates further adoption. “A lot will happen in the second half of this year,” Asam noted, hinting at upcoming contracts and industry expansion.
With increasing demand for corporate sustainability solutions, companies are seeking transparent reporting frameworks to align with environmental regulations and investor expectations.
