It meets all three requirements contemporary to the ST1300. Remember, the API recommendation in twenty years ago in 2004 was for API rating SG or higher. This oil is API SM and the SM formulation allowed relatively high limits on phosphorous & zinc. These elements produce ash and sufficient ash present in exhaust gas over time is death to catalytic converters. The 2004 ST1300 came equipped with CCs on both sides. Hence the warning about use with CCs. However, if your jurisdiction does not test for exhaust emissions it may not be an issue for you. Many ST owners in the USA have used diesel oils with high levels of ash for many years without problems but the USA does not test motorcycles for emission compliance after they are sold.
A free bit - in the USA high levels of phosphorus were removed from motor oils in 2017 with the introduction of new limits on particulate emissions such as ash. Diesel oils today generally are not certified for use in gasoline engines notable by the disappearance of API ratings SL, SM, or SN in the container labeling. The pictured oil still carries API SM. I would use it without worry.
A free bit - in the USA high levels of phosphorus were removed from motor oils in 2017 with the introduction of new limits on particulate emissions such as ash. Diesel oils today generally are not certified for use in gasoline engines notable by the disappearance of API ratings SL, SM, or SN in the container labeling. The pictured oil still carries API SM. I would use it without worry.