Thursday Jan 17, 2013

Sustainable Progress in the Corporate World

By Jon Chorley, Chief Sustainability Officer and Vice President of SCM Product Strategy, Oracle

At the U.N. Climate Change Conference in Doha in November 2012, the consensus was that it’s time to take action.

In his address to environmental ministers and climate officials from nearly 200 countries, U.N. Secretary-General Ban Ki-moon summed it up by stating that “the abnormal is the new normal” and he highlighted events such as the flooding in Manhattan and Beijing, to the ice caps melting, permafrost thawing and sea levels rising.

But another aspect of this “new normal” is that business and the market are responding to the challenge. The green economy for example, which can be measured by looking at green jobs, green markets and investment in green industries, is showing genuine signs of momentum.  An article from Steven Cohen, Executive Director, Columbia University's Earth Institute, in the Huffington Post does a great job of capturing the progress made.

There are also signs that businesses are increasing their commitment to sustainability. A new report by Calvert Investments, Ceres and World Wildlife Fund demonstrates the dramatic progress that has been made over last three years. The report, “Power Forward: Why the World’s Largest Companies are Investing in Renewable Energy,” showed that a majority of Fortune 100 companies have set a renewable energy commitment, a greenhouse gas (GHG) emissions reduction commitment or both. Additional findings included:

  • 56% of Fortune 100 and Global 100 companies have set GHG reduction goals.
  • Of those, 13% have set specific goals for renewable energy use, with others using renewable energy to meet their GHG goals.
  • Many companies are shifting from purchasing short-term, temporary Renewable Energy Credits (RECs) to longer-term investment strategies like Power Purchase Agreements (PPAs) and on-site projects, indicating a long-term commitment to renewable energy and reaping the benefits of reduced price volatility.

And of course technology will play a critical role in helping businesses act on sustainability goals and objectives. That’s why we continue to expand our sustainability solutions at Oracle and why we recently introduced a waste management solution for the Oracle E-Business Suite. Waste management issues are becoming an increasingly crucial part of environmental sustainability and we see it as one more way Oracle is helping businesses hit sustainability goals. It’s exciting to be part of the progress being made in the green economy and sustainability and we are looking forward to continuing that work this year.

Monday Jan 14, 2013

Don’t Miss the Oracle Value Chain Summit on February 4-6 in San Francisco

By Jon Chorley, Chief Sustainability Officer and Vice President of Supply Chain Management Product Strategy

Please join me at our upcoming Oracle Value Chain Summit in San Francisco on February 4-6. This summit features ~200 sessions across all of the supply chain management solution areas -- including Product Lifecycle Management, Manufacturing, Maintenance, Value Chain Planning, Value Chain Execution and Procurement. Customers, partners, and industry luminaries will discuss how to transform supply chains into value chains for a competitive edge. Hear from our exciting keynote speakers and customers who will share their experiences and discuss best practices for optimizing supply chains. Don’t miss this exceptional opportunity to gain the latest Oracle product knowledge in detailed product sessions and participate in a hands-on solutions pavilion.

Sustainability will be discussed throughout this summit. And we also have a general session, ”The Sustainable Value Chain”, that will take place on Tuesday, February 5. Several supply chain experts will join me in discussing how sustainability is a growing factor in business positioning and performance. For product companies - the design, operation and optimization of supply chains is the central component of any meaningful sustainability program. But how to balance costs with benefits? How to measure the effectiveness of any program? How to identify the best business opportunities while avoiding "greenwashing"?  We will discuss the implications of these trends and will review real-world examples of how sustainability can be embedded throughout the supply chain to reduce risks and costs while increasing revenues.

I hope you can join us at the Oracle Value Chain Summit. See the full agenda and registration information here.

Friday Dec 14, 2012

Integrated Reporting Is Getting Closer

By John O’Rourke, Vice President, Product Marketing, Oracle

Oracle recently sponsored a webcast on CFO.com titled:  The CFO Playbook on Integrated Reporting: Integrating Sustainability into Financial Disclosures which focused on why top companies in the U.S. and overseas are incorporating sustainability content into their annual reports and other financial disclosures. 

The webcast speakers, James Margolis, partner with Environmental Resources Management (ERM), a global provider of environmental, health, safety, risk and sustainability consulting services (EHSS) and Mike Wallace, Director of the Global Reporting Initiative's Focal Point USA, discussed the benefits of integrating sustainability reporting with traditional financial reporting. They noted how investors, corporate directors, lenders and most recently, the Securities and Exchange Commission, use this information to better understand, benchmark and value companies. They also talked about the November 2012 release of an Integrated Reporting Framework by the International Integrated Reporting Council (IIRC).  Read the press release and link to the framework here. 

The shift towards integrated financial and sustainability reporting is gaining momentum with a number of global stock exchanges endorsing this approach in 2012.  Visit these links to listen to the webcast and download the slides. You can also view a demonstration of Oracle's solution for integrated financial and sustainability reporting. If you’re interested in learning more about this and Oracle’s other sustainability reporting solutions, click here.

If you have any questions or need additional information, please feel free to contact me at john.orourke@oracle.com.

Thursday Oct 25, 2012

Product News: Oracle Unveils a Waste Management Solution for the Oracle E-Business Suite

Oracle recently announced a new product to help organizations reduce the cost and compliance with international hazmat (short for hazardous materials) and recycling and environmental protection laws. This new waste management solution for Oracle E-Business Suite extends the capabilities of  Oracle Depot Repair, Oracle Transportation Management and Oracle Global Trade Management. It automates and monitors waste management processes to help ensure that hazardous materials are tracked and handled in accordance with regulatory requirements. Oracle’s waste management solution for the Oracle E-Business Suite leverages Oracle Transportation Management and Oracle Global Trade Management, enabling customers to view in-transit inventory across the extended supply chain, while also providing a single repository for all legal, regulatory and compliance related information. Read here for more information.

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.

About

bocadmin_ww

Search

Categories
Archives
« April 2014
SunMonTueWedThuFriSat
  
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
   
       
Today