Chief Financial Officer
The technology industry is critical to global progress and prosperity, and Oracle's corporate citizenship initiatives are grounded in our technology leadership. We are committed to using our resources to increase opportunity, protect the environment, advance education, and enrich community life.
Oracle invests more than $4.5 billion in research and development annually. Our technology is built on open and public industry standards, and Oracle engineers drive innovation by participating in 119 standards-setting organizations. Open interfaces, documented specifications, and standards-based development tools lower IT costs, while providing increased choice, interoperability, and flexibility. In addition to open standards, Oracle also contributes to, tests, and supports open source technologies. Java, MySQL, Linux, and VirtualBox are just a few examples of products offered by Oracle in the context of our total, complete, and open technology portfolio.
Oracle is committed to developing practices and products that help protect the environment. Our database, middleware, applications, server, and storage technologies help our customers meet their sustainability goals, while providing bottom-line benefits. Oracle's sustainability solutions offer an unmatched breadth and depth of capability, and we are continuing to innovate. This report illustrates how our customers are using Oracle solutions to reduce their environmental impact and meet regulatory compliance requirements. It also discusses the environmentally and socially responsible business practices we employ as we operate our business, including our supply chain, facilities, and energy-efficient data centers.
Oracle has leveraged its technology leadership to advance education for nearly 20 years. In FY12, we achieved a new milestone—our technology education programs now reach more than two million students annually. Through the Oracle Academy, we grant Oracle software to secondary schools, colleges, and universities in 97 countries. Educators use our products, in combination with the curriculum, Oracle Press books, lectures, certification preparation, and community resources we provide, to equip students with the technical skills they need to enter the global workforce prepared to succeed.
Each year Oracle donates millions of dollars to nonprofit organizations that emphasize science, technology, engineering, and math (STEM) education. We also offer grants to organizations with which we volunteer, helping to improve the quality of life in communities where our employees live and work. In FY11 and FY12, we matched employee donations to 2,800 nonprofits and initiated more than 1,000 volunteer projects to support schools, teachers, food banks, the environment, and health and human service organizations globally.
We are proud of Oracle's technology leadership and the positive impact that our corporate citizenship efforts are having on society. If you would like to share your feedback with us, please contact us at firstname.lastname@example.org.
Safra A. Catz
President and Chief Financial Officer