Oracle Commits to Powering Its Global Operations with Renewable Energy by 2025

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Oracle Commits to Powering Its Global Operations with Renewable Energy by 2025

PR Newswire

AUSTIN, Texas, June 23, 2021 /PRNewswire/ -- Today, Oracle expanded its commitment to sustainability by pledging to power its global operations, both its facilities and its cloud, with 100% renewable energy by 2025.

"Relying on renewable energy is an important step toward a more sustainable future," said Oracle Chief Executive Officer Safra Catz. "Oracle will always make its biggest impact on the environment by providing customers with technology that enables them to reduce their carbon footprint, but this new goal reflects the shared values of our customers, partners and investors."

Oracle's latest renewable energy goal builds on its existing sustainability priorities, including:

  • Clean cloud: Oracle maintains its goal of achieving 100% renewable energy use at all next-generation Oracle Cloud regions by 2025.
  • Hardware recycling: Continuing its efforts to reduce e-waste, in FY20, Oracle collected 2.5 million pounds of retired hardware assets, of which 99.6% was either reused or recycled.
  • Reducing waste: Oracle has decreased the amount of waste sent to landfill at Oracle-owned buildings by 25% on a square foot basis since 2015.
  • Responsible sourcing: By 2025, Oracle's expects 100% of its key suppliers to have an environmental program in place.

Oracle's European Cloud regions are already powered with 100% renewable energy, and Oracle has 51 offices around the world using 100% renewable energy.

"Renewable energy is critical to tackling climate change and helping us move to a cleaner, greener future," said UK Business & Energy Secretary Kwasi Kwarteng. "Oracle's ambitious pledge today will ensure it is going further and faster to reach a sustainable future, and inspiring other businesses around the world to be more environmentally-friendly."

"Telenor Group recently set science-based targets to reduce our own emissions by 57% by 2030, and work with our suppliers in order to also reduce our supply chain emissions. It is critical for us that our suppliers share our commitment so we are pleased to see Oracle set a goal to have its operations be powered 100% with renewable energy by 2025," said Cecilie Heuch, EVP and Chief People and Sustainability Officer, Telenor Group.

More details regarding Oracle's focus on sustainability can be found in Oracle's Corporate Citizenship Report.

About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at https://www.oracle.com.

Additional Resources:

Trademarks
Oracle, Java, and MySQL are registered trademarks of Oracle Corporation.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/oracle-commits-to-powering-its-global-operations-with-renewable-energy-by-2025-301317954.html

SOURCE Oracle

Copyright CNW Group 2021

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).