Oracle
Visit at https://www.oracle.com
Oracle
Oracle Corporation is an American multinational computer technology company that sells database software, particularly Oracle Database, and offers cloud computing services. It provides a comprehensive suite of enterprise software products, including ERP, HCM, CRM, EPM, CX Commerce, and SCM software.
Positive signals
Oracle has committed to using 100% renewable energy for its global operations by 2025, as part of its broader environmental goals.
Oracle has set a target to achieve net zero emissions by 2050 and to halve its greenhouse gas emissions (operational and supply chain) by 2030 relative to a 2020 baseline.
A use case analysis found that migrating from on-premises infrastructure to Oracle Clean Cloud resulted in a 93% reduction in greenhouse gas emissions, including a 71% reduction in Scope 1, 100% reduction in Scope 2, and 84% reduction in Scope 3 emissions.
Concerns
Oracle has faced criticism for a lack of transparency in its ESG reporting, with some third-party ESG rating agencies noting limited disclosure on certain social and governance metrics compared to industry peers.
MEDIUM
Source →Oracle has been involved in multiple gender discrimination lawsuits, including a notable case in which the company agreed to pay $23 million to settle allegations of underpaying women and minority employees between 2013 and 2016.
HIGH
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