Oracle was among a small number of companies honored yesterday in New York City for earning a spot on the 2016 Climate A List, which recognizes organizations for global leadership in response to climate change.
CDP (formerly the Carbon Disclosure Project) is an international nonprofit that runs a global environmental impact disclosure system used by investors, companies, cities, and other government entities. Of the thousands of companies around the world that submit annual climate disclosures to CDP, only 9% earned a position on the 2016 Climate A List, indicating they achieved high leadership scores for positive and effective actions to mitigate risks due to climate change.
“Sustainability is a key pillar of Oracle Corporate Citizenship, and we continuously invest in initiatives that help us run our business more sustainably, and develop products and services that help our customers do the same” said Colleen Cassity, executive director of Oracle Corporate Citizenship. “We’re proud and honored to be recognized as a climate leader by CDP, and we plan to raise the bar even higher.”
Oracle’s 2020 goals include a 20 percent reduction in total absolute emissions, and energy use per dollar of revenue. We also plan to procure 33 percent of our total electricity from renewable sources.
“We congratulate the 193 A List companies that are leading the charge toward our low carbon future,” said CDP CEO Paul Simpson. “Companies are key actors in enabling the global economy to achieve its new climate goals, and the leadership of this group points the way for others to take bold action and capitalize on the many opportunities that await.”
To learn more about the Climate A List, produced at the request of 827 investors representing $100 trillion in assets, dowload CDP’s Out of the starting blocks: Tracking progress on corporate climate action report. For information about Oracle’s sustainability efforts and achievements, visit the Oracle Corporate Citizenship website.