SAP establishes €3 Million Covid-19 Emergency Fund
SAP has established a €3 million COVID-19 Emergency Fund to support the urgent needs of the World Health Organization (WHO), the CDC Foundation, and smaller nonprofits and social enterprises that work on the front lines serving local communities in crisis. SAP’s response plan, including the COVID-19 Emergency Fund, is part of a global response by the company highlighted in an open letter from SAP Co-CEOs, Christian Klein and Jennifer Morgan.
SAP is also currently exploring further investment in the “TrackYourBed”, a responsive, Web-based solution that indicates hospital bed availability in Germany in real time. The project was setup by SAP product owner, Kevin Drieschner along with 30 others who answered a call to help through “Wir vs. Virus, der Hackathon der Bundesregierung”, the hackathon of the German government. This venture, as well as many other ideas that have emerged through COVID-19 sprint in the SAP One Billion Lives initiative, the company’s social intrapreneurship program.
The SAP Corporate Social Responsibility (CSR) team is providing infrastructure and accelerating new ways to engage through virtual volunteering and pro-bono consulting, offering more than 50 projects to date. For example, some volunteer leaders are facilitating webinars for nonprofits on remote work while others are offering mentorship and coaching to support business continuity for social enterprises.
SAP CSR partners with more than 1,200 nonprofits and social enterprises that are mostly small to midsize organizations. Collectively, they serve more than 4.5 million youth across 105 countries, primarily in the areas of quality education, decent work, and youth entrepreneurship.