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Oracle Launches Fusion Cloud Sustainability Application to Simplify ESG Reporting and Drive Environmental Progress
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Oracle Launches Fusion Cloud Sustainability Application to Simplify ESG Reporting and Drive Environmental Progress
by ESG News
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September 12, 2024
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Streamlined Sustainability Reporting: Oracle Fusion Cloud Sustainability automates data collection and reporting, reducing complexity.
Integrated Data Insights: Access to contextualized operational data enhances decision-making for sustainability efforts.
No Additional Cost: This new application is offered at no extra charge, making it accessible to Oracle customers.
Oracle recently introduced Oracle Fusion Cloud Sustainability, a new application within its Fusion Cloud Applications Suite. The offering helps organizations manage and report on sustainability initiatives efficiently—at no additional cost.
Steve Miranda, executive vice president of Applications Development at Oracle, emphasized the main challenge companies face: “Customers consistently tell us that the greatest barrier to understanding their environmental impact is the time and complexity required to chase down, organize, and analyze the necessary data.“
Oracle Fusion Cloud Sustainability addresses this by automating sustainability reporting, helping businesses align data with regional guidelines and improve decision-making. The tool integrates seamlessly with Oracle Cloud ERP, SCM, and EPM to streamline sustainability reporting.
Related Article: AWS, Accenture Streamline ESG Reporting and Data Management with AWS Sustainability Data Fabric
Key features include:
Automated Transaction Records: AI-driven records speed up reporting and add transactions to a sustainability ledger.
Contextualized Data: Business leaders can see detailed operational data to target areas needing improvement.
Prebuilt Dashboards: Leaders get a holistic view of sustainability performance, with KPIs and custom analyses.
Rigorous Audit Capabilities: The application ensures accurate, traceable reports with financial-grade audit traceability.
Emission Factor Mapping: Leaders can automatically calculate emissions and understand their carbon footprint.
Comprehensive Integrations: Third-party data collection is simplified via REST APIs and spreadsheets.
Oracle’s integrated cloud platform helps organizations manage finance, HR, and supply chain data while staying ahead of the curve with quarterly updates.
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