Oracle Corporation, commonly referred to as Oracle, is a leading multinational technology company headquartered in the United States. Founded in 1977, Oracle has established itself as a key player in the software and cloud computing industry, with significant operations across North America, Europe, and Asia. The company is renowned for its comprehensive suite of database management systems, cloud applications, and enterprise resource planning (ERP) solutions. Oracle's unique offerings, such as Oracle Cloud Infrastructure and Oracle NetSuite, empower businesses to streamline operations and enhance data management. With a strong market position, Oracle has consistently been recognised for its innovation and reliability, making it a trusted partner for organisations seeking to leverage technology for growth and efficiency.
How does Oracle's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Computer Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Oracle's score of 69 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Oracle's total carbon emissions amounted to approximately 1,023,700,000 kg CO2e, comprising 10,237,000 kg CO2e from Scope 1 and 785,137,000 kg CO2e from Scope 2 emissions. The company also reported Scope 3 emissions of about 842,048,000 kg CO2e. For the year 2024, Oracle disclosed emissions of 15,200,000 kg CO2e for Scope 1, 1,149,400,000 kg CO2e for Scope 2 (location-based), and 605,155,000 kg CO2e for Scope 3. Oracle has set ambitious climate commitments, aiming for a 26% reduction in emissions by 2025, relative to a 2015 baseline, in alignment with the Science-Based Target Initiative’s 2°C scenario. Additionally, the company targets a 50% reduction in greenhouse gas emissions across its operations and supply chain by 2030, relative to a 2020 baseline, and aims to achieve net-zero emissions by 2050. These targets encompass all scopes of emissions. The organization has made significant strides in its sustainability initiatives, including a goal to reduce emissions per unit of energy consumed by 55% by 2025. Oracle's commitment to sustainability is further reinforced by its recognition from the Exponential Roadmap Initiative, which acknowledges its targets for net-zero emissions and halving total greenhouse gas emissions by 2030. Overall, Oracle's climate strategy reflects a robust approach to reducing its carbon footprint while contributing to global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | 14,953,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 444,563,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Oracle is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.