The year 2020 will undoubtedly go down in history as a watershed moment in our time. As a global community, we’ve faced immense challenges, hardships, and grief. In addition, many inequities that existed prior to the pandemic have been laid bare.
Awareness of our impact on nature is now greater than ever. A tiny virus spilled out of the wild, and through human activity spread rapidly across the globe—changing life as we know it. We continue to see wildfires of unprecedented scale and destructiveness, as well as catastrophic storms that devastate coastal regions with increasing frequency. Our oceans and waterways are being polluted with immense amounts of waste, including discarded plastics, with potentially catastrophic effects on ecosystems and wildlife, all of this made worse by habitat loss and reduction in biodiversity. Attitudes are changing and new solutions are emerging; corporations such as Oracle are increasingly united in addressing these challenges as part of their strategic plans. As we continue our path forward at Oracle, we will embrace this opportunity to build a better future—for people, for the planet, and for businesses.
Throughout this report, you’ll read about the incredible collaboration among our many stakeholders—employees, customers, and partners—to identify and address our most material impacts. You’ll learn about the progress we’re making as presented in our datasheet, and see our new, ambitious goals for 2025. These goals challenge us to do even more to address climate change and create a more circular economy based on the principles of designing out waste and pollution, keeping products and materials in use, and regenerating natural systems. One of these goals includes powering Oracle Cloud with 100% renewable energy. To better understand our financial risks, we have also conducted a risk assessment using the Task Force on Climate-Related Financial Disclosures (TCFD) framework.
We are proud of the positive impact we’re making. But there’s still much to be done, and we remain committed to the work of building a more sustainable future. We know that the use of technology will play a critical role in meeting the ambitious United Nations Sustainable Development Goals, and Oracle stands ready to help enable our customers to do so.
We hope you find this report both informative and inspiring.
Together, we can make a difference.—Jon Chorley, Chief Sustainability Officer
Oracle earned a gold medal in the 2020 EcoVadis CSR Assessment, putting us in the top 5% of responding companies for supplier sustainability.
Oracle was named to Corporate Responsibility Magazine’s 100 Best Corporate Citizens of 2019 for its outstanding environmental, social, and governance performance.
Oracle was recognized for its outstanding achievements as a winner of the 2019 Manufacturing Leadership Awards in the Sustainability Leadership category.
Oracle already operates an energy efficient and circular cloud. As a next step, we’ve set a goal to achieve 100% renewable energy use at all of our next-generation Oracle Cloud data centers by 2025.
Sustainability is at the heart of our business operations—from managing our use of natural resources to ensuring responsible supply chain practices and building a more circular economy.
Oracle recognizes that sustainable business is good business. Oracle is helping our customers make a difference across sectors around the world with game-changing emerging technologies.
At Oracle, sustainability is everyone’s business. We support our employees to help them be good stewards of the planet and build stronger communities, and we recognize those who are leading the charge.