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CEF Lead Executives

Sustainability Goals

Sustainability Goals

 2025 Goals

  • 100% renewable energy use for all operations, including Oracle Cloud
  • 100% of key suppliers have an environmental program in place
  • 80% of key supplier have emissions reduction targets in place
  • 33% reduction in potable water use per square foot
  • 33% reduction in waste to landfill per square foot
  • 25% reduction in employee air travel emissions


2030 Goals

  • Halve GHG emissions across operations and supply chain (2020 baseline). Target approved by the Exponential Roadmap Initiative, an accredited partner of the United Nations’ Race to Zero.


2050 Goal

  • Achieve net-zero emissions

 

Past Goals Achieved

  • 33% target for renewable energy (achieved ahead of schedule)
  • 20% reduction in absolute emissions (achieved ahead of schedule)

Latest Sustainability Reporting

Highlights

Recent News

2021

Impact Management Platform — Global providers of sustainability standards and guidance formed a new collaboration “to mainstream the practice of impact management.” It is the next phase of a five-year, global collaboration facilitated by the Impact Management Project (IMP). The Platform’s Steering Committee will advise the new International Sustainability Standards Board, and Platform partners will work to “consolidate existing sustainability resources, collectively address gaps, and coordinate with policymakers and regulators.” IMP advisors include CEF members Bank of America and BlackRock, and IMP Practitioners include CEF member Oracle. Founding Platform partners: standards organizations (including GRI), NGOs (including CDP), UN initiatives (including the UN Global Compact), multilateral organizations (including the OECD), and groups such as Principles for Responsible Investment (including CEF member Bloomberg L.P.), the Capitals Coalition (including CEF members Dow, TD Bank, and Unilever), and the Global Impact Investing Network (including CEF members Bank of America, JPMorgan Chase & Co., and Morgan Stanley). (Nov 2021) 

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1.5°C Supplier Engagement Guide (1.5°C Supply Chain Leaders / Exponential Roadmap Initiative) A new online platform with open-source tools, case studies, and resources to help businesses engage with their suppliers to halve GHG emissions by 2030. CEF members Google, Oracle, Mastercard, Microsoft, and Unilever belong to the Exponential Roadmap Initiative, the last three of which also belong to 1.5°C Supply Chain Leaders. (Nov 2021)
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2019-2020

Recognized as one of 120 companies — out of more than 5,500 companies analyzed — on CDP’s Supplier Engagement leaderboard (“Global Supply Chain Report 2019”) for their work with suppliers to reduce emissions and lower environmental risks in the supply chain. (Feb 2019)

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Included on CDP “2018 A List for demonstrating leadership on climate change. (Jan 2019) 

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