DUBAI, UAE: - 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.

-Ends- 

About Oracle

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

For more information, please contact
Gaurav Bhatnagar
Senior Director, Corporate Communications – Middle East & Africa
Oracle
+971 55 100 1407
gaurav.b.bhatnagar@oracle.com 

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2021

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.