“At Oracle, sustainability has been a key priority and will continue to be in the coming years as well. We have set a goal of reaching net-zero emissions by 2050 and to reduce the greenhouse gas emissions to halve across our operations and supply chain by 2030, compared to a baseline of 2020. Sticking through our core philosophy of Oracle@Oracle and Cloud adoption has helped us rethink and relook at all aspects of our business from a different outlook and transform into a business model that can enable us to reduce emissions and cut down operational costs. By following our core ethics, we have been able to achieve ecosystem benefits including, reducing logistics emissions by more than 40% from a 2015 baseline, reusing or recycling more than 99% of decommissioned hardware, and associating with suppliers to meet our sustainability goals—more than 60% of both our indirect and direct suppliers have emissions reduction targets.
Not just this, through dramatic gains in computing efficiency, and reduced resource consumption by leveraging the elasticity of the cloud to rapidly deploy computing resources, we have further reduced energy consumption. To make ESG part of our everyday business, we also distribute data across a single SaaS Solution to access the right data. We have also embedded ESG into the skeletal structure of finance, human resource operations, manufacturing ,and procurement to operationalize sustainability further.
In the coming year, our core agenda will also be to fortify our current ESG practises while empowering our employees, partners and customers to understand this well. Ensuring the health of our planet demands a strong and steady action as there is ‘No Planet B’ for us.”
