Tuesday Sep 25, 2012

South Korea Upcoming Cap and Trade Legislation

In my previous blogs I talked about climate change legislation trends in California, Australia and the European Union. In the next series of blogs, I am going to highlight how carbon trading and sustainability reporting legislation is evolving in other Asia Pacific countries, including South Korea, China, Japan, India and Taiwan - starting with South Korea.

South Korea passed legislation to begin a national cap-and-trade program in May 2012. Korea is the 8th biggest source of GHG emissions in the world and has a national target of cutting them 30% by 2020. South Korea's program will cover about 60% of emissions and will affect big emitters across the economy, including utilities, major manufacturers and even large universities. Emissions trading is scheduled to begin in Korea in 2015, the same year as in Australia and China.

Oracle Environmental Accounting and Reporting supports the needs of South Korea and helps ensure consistency across organizations in how data is collected, retained, controlled, consolidated and used in calculating and reporting emissions inventory. Learn more about the upcoming cap and trade legislation in South Korea and how to use Oracle Environmental Accounting and Reporting to meet those requirements here.

By Elena Avesani, Principal Product Strategy Manager, Oracle

Tuesday Sep 18, 2012

Sustainability Activities at Oracle OpenWorld

Close to 50,000 participants will come to San Francisco for Oracle OpenWorld and JavaOne events, held September 30-October 4, 2012 at Moscone Center. Oracle is very conscious of the impact that these events have on the environment and, as part of its ongoing commitment to sustainability, has developed a sustainable event program─now in its fifth year─that aims to maximize positive benefits and minimize negative impacts in a variety of ways. Click here for more details.

At the Oracle OpenWorld conference, there will be many sessions and even a hands-on lab which discuss the sustainability solutions that Oracle provides for our customers. I wanted to highlight a few of those sessions here so if you will be at Oracle OpenWorld, you can make sure to attend them.

One of the most compelling sessions promises to be our “Eco-Enterprise Innovation Awards and the Business Case for Sustainability” session on Wednesday, October 3 from 10:15 a.m. to 11:15 a.m. in Moscone West 3005. Oracle Chairman of the Board Jeff Henley, Chief Sustainability Officer Jon Chorley, and other Oracle executives will honor select customers with Oracle's Eco-Enterprise Innovation award. This award recognizes customers and their respective partners who rely on Oracle products to support their green business practices in order to reduce their environmental impact, while improving business efficiencies and reducing costs.

Another interesting session is the “Tracking, Reporting, and Reducing Environmental Impact with Oracle Solutions” which occurs on Monday, October 1 from 4:45 p.m. to 5:45 p.m. in Moscone West Room 2022. This session covers Oracle’s overall sustainability strategy as well as Oracle Environmental Accounting and Reporting (EA&R), which leverages Oracle ERP and BI solutions for accurate, efficient tracking of energy, emissions, and other environmental data. If you want more details, make sure to visit the hands-on lab titled “Oracle Environmental Accounting & Reporting for Integrated Sustainability Reporting”. This hour-long lab will take place on Tuesday, October 2 at 5:00 p.m. in the Marriott Marquis Hotel-Nob Hill CD. Here you can learn how to use Oracle EA&R to collect sustainability-related data in an efficient and reliable manner as part of existing business processes in Oracle E-Business Suite or JD Edwards Enterprise One. Register for this hands-on lab here.

 

Wednesday Aug 15, 2012

Customer News: Geodan Reduces Response Times by 25% and CO2 Emissions by 50%

We recently completed the nomination period for our 2012 Eco-Enterprise Innovation awards. We’ll be announcing the winners at Oracle OpenWorld on Wednesday October 3 in a special sustainability executive session. More news to come about that, but I wanted to give you an update on one of our winners from last year, Geodan. They are a leading geo-information and communications technology (ICT) consultancy firm that specializes in supplying location data via innovative technologies. Geodan developed a vehicle incident management system for the Dutch motorways that handles highway incidents and measures how fast a rescuer can arrive on site. They developed this system based on Oracle Database 11g to enable the collection, analysis, and reporting on vast quantities of real-time geodata and other data relating to traffic incidents and resolution. Geodan was able to minimize traffic delays thanks to faster incident management, minimizing durations of traffic jams and helping to reduce CO2 emissions by 50%. They received Oracle’s Eco-Enterprise Innovation Award in 2011 on the basis that the system they developed delivers a real contribution to reducing CO2 emissions resulting from traffic jams in the Netherlands. Read here for more details about Geodan’s success.

Tuesday Jul 31, 2012

Product News: Oracle Utilities Operational Device Management

Many readers have been asking about the products that Oracle provides to help customers with their sustainability initiatives. I will start writing some blogs that will discuss many of these products. For an overview of all of Oracle’s sustainability solutions, see this whitepaper and our website.

I figure that I’ll start with our newest sustainability-related product and that is one for our Utilities customers. Oracle Utilities helps utilities prepare for smart metering and smart grid initiatives that enhance efficiency and provide critical intelligence metrics that can help drive more-informed energy and water usage decisions for consumers and businesses. Oracle recently announced the availability of a new application that helps utilities manage “smart device” assets for improved operational efficiency. This new application is called Oracle Utilities Operational Device Management and it can help utilities manage the change, configuration and inventory of smart grid assets.   

This product was developed to meet the asset management needs of “smart devices” in a utility’s distribution infrastructure, the new software manages devices, such as meters, access points or communication relays and communication components attached to various devices that are too complex for traditional asset management systems. New smart-grid microprocessor-based devices must be managed closely throughout their lifecycle for configuration changes, firmware updates and security and compatibility issues.  Oracle Utilities Operational Device Management handles critical functions, such as managing and tracking updates and patches, as well as supporting governance and regulatory audits and smart grid Network Operations Center (NOC) processes. Oracle Utilities Operational Device Management is built on open standards and is therefore compatible with Oracle Utilities Meter Data Management and other third-party meter data management solutions to provide complete and reliable smart grid operations based on customer choice.

Oracle provides integrated solutions that enable utilities of all sizes and types to achieve optimal operational efficiency and outstanding customer satisfaction. Learn more about all of Oracle’s solutions for Utilities. Oracle provides integrated solutions that enable utilities of all sizes and types to achieve optimal operational efficiency and outstanding customer satisfaction.

Wednesday Jun 13, 2012

United Kingdom Climate Change Legislation

As part of our blog series on legislative trends worldwide, today I’m going to highlight the UK's leading efforts towards a low-carbon economy in the context of the European Union’s (EU’s) wider objective of transitioning to a resource efficient and climate resilient economy as well as its political commitment to reducing carbon emissions by at least 80% by 2050.  You can see more information about this here.   

Current policies have put the UK on track to cut emissions by over a third, on 1990 levels, by 2020. The Climate Change Act 2008 is the core legislative body that establishes the UK’s long-term framework to tackle climate change. The Act aims to encourage the transition to a low-carbon economy in the UK through unilateral legally binding emissions reduction targets. This means a reduction of at least 34 percent in greenhouse gas emissions by 2020 and at least 80 percent by 2050. Introducing these carbon budgets will ensure meeting the targets for 2050 and beyond.  One of the initiatives established by the Climate Change Act is the CRC Energy Efficiency Scheme.  This is a mandatory scheme aimed at improving energy efficiency and cutting emissions in large public and private sector organizations. These organizations are responsible for approximately 10% of the UK’s emissions.

Learn more about this and how Oracle Environmental Accounting and Reporting can help provide accurate and complete tracking and calculation of emissions data.

By Elena Avesani, Principal Product Strategy Manager, Oracle

Wednesday Jun 06, 2012

Hill International Wins Oracle Eco-Enterprise Innovation Award

In my last blog entry, I discussed Oracle’s Eco-Enterprise Innovation Award, part of the Oracle Excellence awards. Nominations for this year’s awards are due July 17. These awards are presented to organizations that use Oracle products to reduce their environmental footprint while improving their operational efficiency.

One of last year’s winners was Hill International. Engineering News-Record magazine recently ranked Hill as the eighth-largest construction management firm in the United States. Hill International was able to streamline its forecasting and improve its visibility into its construction projects’ productivity and profitability using Oracle Primavera. They also implemented Oracle Hyperion Financial Management to standardize its financial reporting and forecasting processes and support its decision-making. With Oracle, Hill gained visibility into the true productivity of each project and cut its financial reporting cycle time from two weeks to one. The company also used the data generated to support new construction project proposals and determine the profitability of potential projects.

Hill International realized significant cost savings and reduced its environmental impact on its US$400 million Comcast Center construction project in Philadelphia by centralizing its data storage, reducing paper usage, and maximizing project efficiency. It also leveraged the increased visibility offered by the Oracle solutions to make more environmentally-sound business decisions regarding on-site demolition, re-use of previous structures, green design of new facilities, procurement, and materials usage. See more about Hill International and the other Eco-Enterprise Innovation award winners here.

 

Thursday May 24, 2012

Nominations Due July 17 for Oracle’s Eco-Enterprise Innovation Awards

Are you using Oracle products to reduce your environmental footprint while reducing costs? For example, you may use Oracle Self-Service E-Billing for paperless invoicing or Oracle Advanced Compression for reduced disk space and power usage. You may be eligible for Oracle’s Eco-Enterprise Innovation Award, part of the Oracle Excellence awards. Submit a nomination form located here by July 17 if your company is using any of Oracle's products to take an environmental lead as well as to reduce costs and improve your business efficiencies by using green business practices. These awards will be presented during Oracle OpenWorld 2012 (September 30-October 4) in San Francisco.

A customer, their partner, or Oracle representative can submit the nomination form on behalf of the customer. Tell us how you use Oracle products to help protect the environment and improve your operational effficiency. Winners will be selected based on the extent of the environmental impact they have had as well as the business efficiencies they have achieved through their combined use of Oracle products. To be eligible for this award, your company must use at least one of Oracle’s products and the solution should be in production or in active development.

These awards will be presented to the winning customers and their partners during Oracle OpenWorld by Oracle’s Chairman of the Board and will be honored in a special Oracle OpenWorld conference session. Winning customers will receive a free Oracle OpenWorld registration pass and will have the opportunity to participate in Oracle media opportunities and inclusion in Oracle Magazine. See last year's winners here.

Tuesday May 15, 2012

Compliance with European Cap and Trade and Carbon Reporting Legislation

In my previous blogs I talked about climate change legislation trends in California and Australia. In upcoming weeks I am going to highlight carbon trading and sustainability reporting requirements in the European Union (EU), focusing initially on the overall EU Emissions Trading System and then on each country’s specific legislation.

 

The EU has been exploring measures to combat climate change for more than a decade and has established a variety of initiatives that have impacted  manufacturers and processors. The EU Emissions Trading System (ETS), launched in 2005, is a significant mechanism implemented to control and reduce the emissions of Greenhouse Gases (GHG). As with all Cap and Trade systems, the idea is to engage the market place, with its financial incentives and penalties, to reduce climate-changing carbon emissions rather than through top-down orders from regulators. The ETS established a market for large industrial facilities to trade the right to emit CO2, with the total number of allowances being allocated gradually reduced since inception.

You can obtain full details on how the program works and how you can use Oracle Environmental Accounting and Reporting to meet these requirements here

By Elena Avesani, Principal Product Strategy Manager, Oracle

Sustainable Corporation 2012 Conference Update

Oracle recently hosted the Sustainable Corporation 2012 conference at our headquarters in Redwood Shores, California. As to be expected for a sustainability symposium in Silicon Valley, innovation and collaboration proved to be the driving themes for how companies can integrate sustainability throughout their business.

This conference was put on by the Silicon Valley Leadership Group who did a wonderful job bringing together over 300 Silicon Valley leaders to hear very informative and insightful sessions. Topics included technology and process innovation, corporate and government policy innovation, and stakeholder collaboration. The sessions were organized into two tracks: managing cost and risk and growing revenue and new markets. One thought echoed by many of the speakers was that there are many opportunities where companies can increase their profitability as well as reduce their environmental footprint by integrating sustainability across their organization. Session attendees were presented with many ideas on how to capitalize on these opportunities and were encouraged to inspire others to think outside the box and do the same thing. It was an informative and worthwhile way to spend the day.

For more information, visit here.

 

Tuesday May 08, 2012

Environmental Reporting Session at Collaborate 2012

I had the opportunity to attend Collaborate 2012 in Las Vegas last weekend. I hadn’t been in a few years and I don’t remember the level of energy and interest in Oracle solutions at the event ever being this high. It also struck me that more attendees are becoming familiar and engaged on the topic of environmental sustainability. This is a critical development in my mind because for organizations to be truly successful in measuring and managing their environmental impacts they really need to make sure their IT leadership is engaged.

I had the pleasure of presenting a session entitled ‘Introducing Oracle's JD Edwards EnterpriseOne Environmental Accounting & Reporting’ with Angela Miller, Chief Technology Officer and Chief Sustainability Officer at North County Transit District (NCTD) in San Diego. For environmental sustainability initiatives and programs to be effective they really need to be embedded in organizations – and to be an extension of their IT deployments – rather than being isolated silo activities. This embedded approach is exactly what the Oracle Environmental Accounting & Reporting module provides. It’s an add-on module available for both Oracle E-Business Suite and JD Edwards EnterpriseOne.

In Angela Miller’s position as both a CTO and CSO, she is in a great position to appreciate both the importance of sustainability initiatives as well as the critical role that IT can play to replace the myriad of manual, inefficient processes that were in place before NCTD purchased Oracle Environmental Accounting & Reporting. Hear for yourself the valuable perspective that Angela brings on the topic in an upcoming video that was recorded while she was in Las Vegas.

By Rich Kroes, Product Strategy Director, Oracle

Thursday Apr 19, 2012

‘Sustainable Corporation 2012’ Conference To Be Held at Oracle on May 2

Oracle is hosting ‘The Sustainable Corporation 2012’ conference on Wednesday May 2 at our headquarters in Redwood Shores, California.  This conference is a signature event of the Silicon Valley Leadership Group. It brings together visionary companies in Silicon Valley that recognize they can become more competitive by integrating environmental sustainability across their business as a strategic imperative. Their companies are also becoming more resilient and more likely to win and retain customers. 

Join us on Wednesday May 2 as the Silicon Valley Leadership Group brings together an audience of more than 300 Valley leaders to focus on the strategic sustainability imperative. There will be case studies and panels from dozens of speakers that include: Lauralee Martin, EVP, COO & CFO of Jones Lang LaSalle; Adam Lowry, Co-Founder of Method; Jon Chorley, Chief Sustainability Officer of Oracle; Mark Hawkins, CFO of Autodesk; Seth Miller, Partner at DBL Investors; Natasha Scotnicki, Director, Corporate Program, Ceres; and Jason Wolf, Vice President, North America, Better Place.

Register here: http://thesustainablecorp.org/

Wednesday Mar 14, 2012

Compliance with California Cap and Trade and Carbon Reporting Legislation

In one of my previous posts, I talked about greenhouse gas (GHG) reporting requirements in Australia and how companies can address those requirements using Oracle Environmental Accounting and Reporting. Since then I've received several questions about how companies can address GHG reporting requirements imposed by the upcoming cap-and-trade program in California. Here I'll provide an overview of those new regulations as well as where you can get more detailed information.

In January 2012 California plans to launch a cap-and-trade program that will cover electricity generation as well as industrial sources that emit 25,000 tons or more each year in carbon emissions. The new cap-and-trade regulation, which will cover some 360 businesses representing 600 facilities, is divided into two phases. The first phase begins in 2013 and will include all major industrial sources and electricity utilities. The second phase starts in 2015 and will include distributors of transportation fuels, natural gas and other fuels. The goal is to reduce emissions to 1990 levels by the year 2020, and to 80 percent below the 1990 levels by the year 2050.

You can obtain full details on how the program works and how you can use Oracle Environmental Accounting and Reporting here.

By Elena Avesani, Principal Product Strategy Manager, Oracle

Friday Feb 24, 2012

Oracle Environmental Accounting and Reporting and Australia’s Carbon Tax Management

We've been getting a lot of interest around the world in our relatively new product Oracle Environmental Accounting and Reporting (EA&R). This product enables organizations to track their greenhouse gas (GHG) emissions and other environmental data against reduction targets. EA&R also facilitates environmental reporting for both voluntary and legislated emissions reporting schemes. I plan to provide several postings that will discuss EA&R in regards to various regions and their unique GHG reporting requirements – starting with Australia.

In 2007, The Australian Department of Climate Change and Energy Efficiency (The Department) issued the National Greenhouse and Energy Reporting Act 2007 (The NGER Act). The Act makes registration, and emissions reporting mandatory for corporations whose energy production, energy use or greenhouse gas emissions meet specific thresholds. In November 2011, Australia then passed a landmark law to impose a price on carbon emissions, provided for by the Clean Energy Act 2011. Companies involved will need to obtain a government-issued carbon unit for every ton of  liable carbon emissions they produce. The initial price will be fixed, but will then be replaced by a flexible price on July 1, 2015, with the price of units being set by the market, with the number of available units capped, and a 'price ceiling' and a 'price floor'. Liabilities can also be managed by certain carbon offsets, although limits apply. You can obtain full details and see how you can use Oracle Environmental Accounting and Reporting to meet these requirements here

By Elena Avesani

Tuesday Jan 10, 2012

North County Transit District Explains the Benefits of Automating Environmental Reporting

Join us on Thursday, January 26 at 7:30 AM PST (3:30 GMT, 4:30 CET) for a live webcast to hear Angela Miller, Chief Technology and Sustainability Officer of North County Transit District (NCTD), discuss the key drivers which led NCTD to automate their environmental reporting process to make it more reliable, efficient, and secure. Angela will share why NCTD selected Oracle’s JD Edwards EnterpriseOne Environmental Accounting & Reporting to achieve their objectives and the business benefits they expect to realize from its implementation.

Whether on a mandatory or a voluntary basis, organizations are increasingly becoming more transparent in their environmental reporting and using information-driven analytics to drive material performance improvement. Learn more about automating environmental reporting by registering here for this live webcast. During this webcast Jon Chorley, Oracle CSO and VP SCM Product Strategy, and Rich Kroes, Oracle Product Strategy Director, will also highlight the key benefits of Oracle's Environmental Accounting & Reporting modules for Oracle E-Business Suite and JD Edwards EnterpriseOne.

Monday Dec 05, 2011

Responding to the Changing Needs of Businesses

Oracle’s Nigel King, Vice President, Oracle Applications Strategy recently did an interview that focused on “Responding to the Changing Needs of Businesses”. It was with COP 17 Climate Change magazine. In this interview, Nigel King discussed solutions that integrate corporate strategy with sustainability. As more customers are beginning to include environmental policy in their overall corporate strategy, King discusses Oracle’s products and services that can help customers in the monitoring and execution of that strategy. It’s an interesting read.
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