Business Services Industry
SunGard Joins World Business Council for Sustainable Development
Business Wire, May 10, 2007
WAYNE, Pa. -- SunGard (http://www.sungard.com), a global leader in integrated software and processing solutions and the pioneer and leading provider of information availability services, today announced that it has become a member of the World Business Council for Sustainable Development (WBCSD).
The WBCSD brings together leading international companies that share a commitment to the principles of sustainable development via economic growth, ecological growth and social progress. Members represent most major business sectors, come from all regions of the world and benefit from a global network of business councils and partner organizations.
Bjorn Stigson, president of the WBCSD, said, "We are very pleased that SunGard has decided to join the WBCSD. Although knowledge-based and services companies may have a smaller carbon footprint than industrial and manufacturing companies, the world and the communities they operate in are increasingly shaped by sustainable development issues. We hope that SunGard will join with its customers and partners to provide business leadership as a catalyst for change in the information technology sector."
Cristobal Conde, president and chief executive officer of SunGard, said, "We have much to learn from organizations like the WBCSD, but also we have much to contribute. Our employees identify strongly with global social, ethical and environmental issues such as climate change, particularly because accountability is one of our core values. Increasingly, sustainability issues are influencing our customers' buying preferences and our ability to compete for and retain global talent. Taking a leadership position in sustainable development will help improve our competitiveness. We have taken the first steps to making sustainability an integral part of how we work. We now need to move from awareness to action."
About the WBCSD
The World Business Council for Sustainable Development (WBCSD) is a CEO-led, global association of some 190 companies dealing exclusively with business and sustainable development.
The Council provides a platform for companies to explore sustainable development, share knowledge, experiences and best practices, and to advocate business positions on these issues in a variety of forums, working with governments, non-governmental and intergovernmental organizations.
Members are drawn from more than 35 countries and 20 major industrial sectors. The Council also benefits from a global network of about 60 national and regional business councils and regional partners.
The Council's objectives are to:
* Be a leading business advocate on sustainable development;
* Participate in policy development to create the right framework conditions for business to make an effective contribution to sustainable human progress;
* Develop and promote the business case for sustainable development;
* Demonstrate the business contribution to sustainable development solutions and share leading edge practices among members;
* Contribute to a sustainable future for developing nations and nations in transition.
For more information, visit www.wbcsd.org.
About SunGard
With annual revenue exceeding $4 billion, SunGard is a global leader in software and processing solutions for financial services, higher education and the public sector. SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business. SunGard serves more than 25,000 customers in more than 50 countries, including the world's 50 largest financial services companies. Visit SunGard at www.sungard.com.
Trademark Information: SunGard and the SunGard logo are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.
SunGard's "Safe Harbor" Statement under Private Securities Litigation Reform Act of 1995
Statements in this release other than historical facts constitute forward-looking statements. You can identify forward-looking statements because they contain words such as "believes," "expects," "may," "will," "would," "should," "seeks," "approximately," "intends," "plans," "estimates," or "anticipates" or similar expressions which concern our strategy, plans or intentions. All statements we make relating to estimated and projected earnings, margins, costs, expenditures, cash flows, growth rates and financial results are forward-looking statements. All of these forward-looking statements are subject to risks and uncertainties that may change at any time, and, therefore, our actual results may differ materially from those we expected. The factors that may affect our business or future financial results are discussed in our filings with the Securities and Exchange Commission, copies of which may be obtained from us without charge. We assume no obligation to update any written or oral forward-looking statement made by us or on our behalf as a result of new information, future events or other factors.
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