POST TIME: 27 June, 2021 06:17:55 PM
Oracle commits to powering its global operations with renewable energy by 2025
Staff Reporter, Dhaka

Oracle commits to powering its global operations with renewable energy by 2025

Oracle recently expanded its commitment to sustainability by pledging to power its global operations, both its facilities and its cloud, with 100 per cent renewable energy by 2025, said a press release.

“Relying on renewable energy is an important step toward a more sustainable future,” said Oracle Chief Executive Officer Safra Catz. 

“Oracle will always make its biggest impact on the environment by providing customers with technology that enables them to reduce their carbon footprint, but this new goal reflects the shared values of our customers, partners and investors,” he added.
Oracle’s latest renewable energy goal builds on its existing sustainability priorities, including:

Clean cloud: Oracle maintains its goal of achieving 100 per cent renewable energy use at all next-generation Oracle Cloud regions by 2025.
Hardware recycling: Continuing its efforts to reduce e-waste, in FY20, Oracle collected 2.5 million pounds of retired hardware assets, of which 99.6 per cent was either reused or recycled.

Reducing waste: Oracle has decreased the amount of waste sent to landfill at Oracle-owned buildings by 25 per cent on a square foot basis since 2015.

Responsible sourcing: By 2025, Oracle’s expects 100 per cent of its key suppliers to have an environmental program in place.
Oracle’s European Cloud regions are already powered with 100 per cent renewable energy, and Oracle has 51 offices around the world using 100 per cent renewable energy.

“Renewable energy is critical to tackling climate change and helping us move to a cleaner, greener future,” said UK Business and Energy Secretary Kwasi Kwarteng. 

“Oracle’s ambitious pledge today will ensure it is going further and faster to reach a sustainable future, and inspiring other businesses around the world to be more environmentally-friendly,” he added.

“Telenor Group recently set science-based targets to reduce our own emissions by 57 per cent by 2030, and work with our suppliers in order to also reduce our supply chain emissions. It is critical for us that our suppliers share our commitment so we are pleased to see Oracle set a goal to have its operations be powered 100 per cent with renewable energy by 2025,” said Cecilie Heuch, EVP and Chief People and Sustainability Officer, Telenor Group.