By Elena Avesani, Global Sustainability Manager, Oracle
Oracle recently received a Gold Recognition Level once again based on its participation in the EcoVadis Corporate Social Responsibility (CSR) assessment in May 2019. The result places Oracle in the 96th percentile 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. EcoVadis operates a collaborative platform providing Supplier Sustainability Ratings for global supply chains across 190 industry sectors and 150 countries. Approximately 50,000 companies use this platform, including more than 125 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, ethics, and sustainable procurement. The EcoVadis methodology is based on international sustainability standards (Global Reporting Initiative, United Nations Global Compact, ISO 26000), and is supervised by a scientific committee of CSR and supply chain experts, to ensure reliable third-party CSR assessments.
Oracle also ranked in the top two percent of suppliers assessed by EcoVadis in the category Software Publishing. Oracle's performance was rated particularly high in the Environment category (top one percent) based on criteria such as environmental management, product stewardship, energy use, and greenhouse gas emissions reduction programs.
Oracle Cloud data centers deliver a more sustainable computing platform that is efficient, renewable, and circular. Oracle works closely with its colocation partners to improve data transparency and drive renewable energy adoption. These considerations are part of Oracle’s selection process for new vendors, and they also factor into engagements with existing vendors. Oracle’s goal is to reduce emissions generated per unit of energy by 55% by 2025, in alignment with science-based targets. Oracle also keeps the environment in mind during the design and development of its hardware products. As part of this process, Oracle assesses a number of product characteristics including energy efficiency, dematerialization, serviceability, and recyclability.
Being granted a Gold CSR rating by EcoVadis for the third 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.