We are happy to announce that Oracle has been granted a Gold Recognition Level based on its participation in the EcoVadis Corporate Social Responsibility (CSR) assessment in January 2018. The result places Oracle in the top 2 percent of suppliers evaluated by EcoVadis in all categories.
CSR is the continuing commitment by businesses to act responsibly by integrating social and environmental concerns into their operations. CSR goes beyond regulatory compliance to focus on how companies manage their economic, social, and environmental impacts, as well as their relationships with stakeholders (e.g., employees, suppliers, government).
EcoVadis operates a collaborative platform providing Supplier Sustainability Ratings for global supply chains across 150 purchasing categories and 110 countries. Approximately 35,000 companies use this platform, including more than 100 Oracle customers who refer to EcoVadis ratings when selecting their suppliers. The EcoVadis methodology is at the core of its CSR analysis system, covering 21 criteria across four themes of environment, labor practices, fair business practices, and sustainable procurement.
Oracle was also ranked in the top 2 percent of suppliers assessed by EcoVadis in the category Software Publishing. Oracle's performance was rated particularly high in the Environment category, based on criteria such as environmental management, product stewardship, and energy consumption. The Oracle Cloud is 70 percent more efficient than legacy enterprise data centers. Oracle is able to manage and maintain a very dense computing environment, achieving much higher utilization rates than our customers can achieve on premises. We further reduce our environmental footprint by leveraging state-of-the-art cooling and energy-efficiency technologies at our data centers.
Being granted a Gold CSR rating by EcoVadis for the second consecutive time is the result of Oracle’s ongoing efforts to ensure the sustainable development of society. Oracle is committed to developing practices and products that help protect the environment.