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.

Tuesday Nov 22, 2011

Ovum Note: “Oracle's New Emphasis on Sustainability Changes the Playing Field”

Ovum recently published a note from their participation at Oracle Open World titled "Oracle's New Emphasis on Sustainability Changes the Playing Field". Additional information and a link to the report can be found here on the Sustainability Analyst Relations blog.

Wednesday Nov 16, 2011

Five Things Learned at the BSR Conference in San Francisco on Nov 2nd-4th

The BSR Conference 2011—“Redefining Leadership”—held from Nov 2nd to Nov 4th in San Francisco, with Oracle as one of the main sponsors, saw senior business executives, civil society representatives, and other experts from around the world gathering to share strategies and insights on the future of sustainability. The general conference sessions kicked off on November 2nd with a plenary address by former U.S. Vice President Al Gore. Other sessions were presented by CEOs of the caliber of Carl Bass (Autodesk), Brian Dunn (Best Buy), Carlos Brito (Anheuser-Busch InBev) and Ofra Strauss (Strauss Group). Here are five key highlights from the conference:

1.      The main leadership challenge is integrating sustainability into core business functions and overcoming short-termism. The “BSR GlobeScan State of Sustainable Business Poll 2011” - a survey of nearly 500 business leaders from 300 member companies - shows that 84% of respondents are optimistic that global businesses will embrace CSR/sustainability as part of their core strategies and operations in the next five years but consider integrating sustainability into their core business functions the key challenge. It is still difficult for many companies that are committed to the sustainability agenda to find investors that understand the long-term implications and as Al Gore said “Many companies are given the signal by the investors that it is the short term results that matter and that is a terribly debilitating force in the market.”

2.      Companies are required to address increasing compliance requirements and transparency in their supply chain, especially in relation with conflict minerals legislation and water management. The Dodd-Frank legislation, OECD guidelines, and the upcoming Securities and Exchange Commission (SEC) rules require companies to monitor upstream the sourcing of tin, tantalum, tungsten, and gold, but given the complexity of this issue companies need to collaborate and partner with peer companies in their industry as well as in other industries to understand how to address conflict minerals in their supply chains. The Institute of Public and Environmental Affairs’ (IPE) China Water Pollution Map enables the public to access thousands of environmental quality, discharge, and infraction records released by various government agencies. Empowered with this information, the public has the opportunity to place greater pressure on polluting companies to comply with environmental standards and create solutions to improve their performance.

3.      A new standard for reporting on supply chain greenhouse gas emissions is available. The New “Scope 3” Supply Chain Greenhouse Gas Inventory Standard, released on October 4th 2011, is the only international greenhouse gas emissions standard that accounts for the full lifecycle of a company’s products. It provides a framework for companies to account for indirect emissions outside of energy use, such as transportation, manufacturing, and distribution, and it incorporates both upstream and downstream impacts of a product. With key investors now listing supplier vulnerability to rising energy prices and disruptions of service as a key concern, greenhouse gas (GHG) management isn’t just for leading companies but a necessity for any business.

4.      Environmental, social, and corporate governance (ESG) reporting is becoming increasingly important to investors and other stakeholders. While European investors have traditionally driven the ESG agenda, U.S. investors are increasingly including ESG data in their analyses. This trend will likely increase as stakeholders continue to demand that an ESG lens be applied to their investments. Investors are increasingly looking to partner on sustainability, as they see the benefits of ESG providing significant returns on investment.

5.      Software companies are offering an increasing variety of solutions to help drive changes and measure performance internally, in supply chains, and across peer companies. The significant challenge is how to integrate different software systems to facilitate decision-making based on a holistic understanding of trade-offs. Jon Chorley, Chief Sustainability Officer and Vice President, Supply Chain Management Product Strategy at Oracle was a panelist in the “Trends in Sustainability Software” session and commented that, “How we think about our business decisions really comes down to how we think about cost. And as long as we don’t assign a cost to things that have an environmental impact or social impact, then we make decisions based on incomplete information. If we could include that in the process that determines ‘Is this product profitable? we would then have a much better decision.”

For more information on BSR visit www.brs.org. You can also view highlights of the plenary session at http://www.bsr.org/en/bsr-conference/session-summaries/2011. Oracle is proud to be a sponsor of this BSR conference.

By Elena Avesani, Principal Product Strategy Manager, Oracle

 

 

 

 

 

Tuesday Oct 18, 2011

Environmental Reporting Webcast: Replay Now Available

Chris Mines from Forrester Research joined us for a really informative webcast last week. Chris outlined some of the key trends he is seeing in the market place from an energy and carbon management perspective. He shared some insights on some of the key drivers, value propositions, and challenges based on the research that Forrester has conducted.

He ended with the following key takeaways:

  • Resource consumption and carbon emissions are the newest corporate assets (and liabilities) that IT systems will track.
  • Enterprise carbon and energy management (ECEM) software will become the corporate system of record for managing sustainability metrics.
  • Corporate finance and operations executives will emerge as the key influencers for ECEM purchasing; enterprise software companies will be the dominant suppliers.

You can listen to the replay in full here or download the presentation material here.

Friday Sep 30, 2011

Live Environmental Reporting Webcast on Tuesday October 11 at 8 a.m. PST

Join us for a free live webcast ‘Integrating Environmental Reporting with Existing Business Processes and Systems’ on Tuesday October 11 at 8 a.m. PST. Chris Mines of Forrester Research will discuss some of the primary drivers leading organizations to look for ways to automate their environmental reporting processes to make them more reliable, efficient, and secure. Chris will share some best practices for implementing environmental reporting solutions and how to justify investing in them. Oracle sustainability experts Jon Chorley and Rich Kroes will also be on hand to discuss the new module Oracle Environmental Accounting and Reporting for Oracle E-Business Suite and JD Edwards EnterpriseOne customers.

Register for this webcast here

Tuesday Sep 20, 2011

Sustainability at Oracle OpenWorld

Oracle will again have a strong sustainability focus at its upcoming Oracle OpenWorld conference on October 2-6 in San Francisco. There will be plenty of sustainability sessions where Oracle customers and sustainability experts will discuss how Oracle products help customers reduce their carbon footprint as well as reduce their costs. Did you know that Oracle has been running Oracle OpenWorld as a model sustainable event since 2007?

Learn about all the sustainability-related activities during Oracle OpenWorld. But if you can't make it to everything, make sure you don't miss:

  • Eco-Enterprise Innovation Awards and the Business Case for Sustainability (Session 27126)
    Wednesday Oct. 5, 10:15 a.m. -- Moscone West Room 2003
    In this executive session, Oracle's Chairman of the Board Jeff Henley honors 12 customers with Oracle's Eco-Enterprise Innovation award. These awards are presented to select customers and their partners that are using Oracle products to both take an environmental lead as well as improve their business efficiencies by engaging in green business practices. The awards presentation is followed by a lively discussion with a panel of customers and Oracle executives who will discuss sustainability strategies for business operational efficiency using Oracle products.
  • Introducing Oracle E-Business Suite Environmental Accounting and Reporting (Session 18012)
    Monday Oct. 3, 5:00 p.m. -- Moscone West Room 3011
    Learn about Oracle's new product that enables companies to collect the necessary information for reporting on greenhouse gas emissions, water, waste, and other environmental metrics.
  • Make sure to visit the demogrounds -- especially the demo booth for Oracle Sustainability Solutions for Enabling the Eco-Enterprise in Moscone West, Demo Booth 8160

There are lots more sustainability-focused sessions, including Sustainability Reporting: Integrating with Financial Reporting; Sustainability Sensor Data Management: Trends, Strategy, and What's New; and Why Should Utilities Care About Global Standards for Sustainability Reporting? It should be another great year for sustainability at Oracle OpenWorld.

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