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Component: EHS-CI
Component Name: SAP Carbon Impact
Description: Reflects economic interest, which is the extent of rights a company has to the risks and rewards flowing from an operation. Typically, the share of economic risks and rewards in an operation is aligned with the company's percentage ownership of that operation, and equity share will normally be the same as the ownership percentage.
Key Concepts: EHS-CI SAP Carbon Impact is a component of SAP’s Equity Share program. Equity Share is a program that allows companies to invest in renewable energy projects and receive a share of the profits from the project. The profits are then shared between the company and the project developer. This program helps companies reduce their carbon footprint and invest in renewable energy projects. How to use it: To use the Equity Share program, companies must first register with SAP and provide information about their company and their renewable energy project. Once registered, companies can then purchase equity shares in the project. The equity shares are then used to finance the project and generate profits for the company. Tips & Tricks: When investing in an Equity Share program, it is important to research the project thoroughly before investing. Companies should also consider the potential risks associated with investing in a renewable energy project, such as changes in government regulations or market conditions. Related Information: SAP also offers other programs that help companies reduce their carbon footprint, such as its Carbon Impact Program and its Carbon Neutral Program. Companies can also use SAP’s Carbon Impact Tool to measure their carbon footprint and identify areas where they can reduce emissions.