Okta, Inc. is a leading identity and access management company based in San Francisco, California. The company offers a cloud-based platform that enables organizations to securely connect their employees, partners, and customers to the applications and data they need to do their jobs. Okta's platform provides single sign-on, multi-factor authentication, and other identity-related services that help organizations protect their data and ensure compliance with regulatory requirements.

In recent years, Okta has been increasingly focused on sustainability and decarbonisation. The company has set ambitious goals to reduce its carbon footprint and transition to renewable energy sources. In 2020, Okta announced that it had achieved carbon neutrality for the second year in a row, and that it was on track to meet its goal of sourcing 100% renewable energy for its global operations by 2022.

One of the key ways that Okta is achieving its renewable energy goals is through corporate power purchase agreements (PPAs). PPAs are long-term contracts between a renewable energy provider and a corporate buyer, in which the buyer agrees to purchase a certain amount of renewable energy at a fixed price over a specified period of time. By entering into PPAs, companies like Okta can support the development of new renewable energy projects and secure a stable, predictable source of clean energy for their operations.

In 2019, Okta signed a 12-year PPA with Apex Clean Energy for 230 megawatts of wind power from the Texas-based White Mesa Wind project. The PPA will provide Okta with enough renewable energy to power its global operations, including its data centers and offices, and will help the company reduce its greenhouse gas emissions by over 100,000 metric tons per year.

In addition to its corporate PPAs, Okta is also investing in other renewable energy projects and initiatives. The company has installed solar panels on the roofs of its San Francisco and San Jose offices, and has partnered with local utilities to support the development of community solar projects in the Bay Area. Okta is also a member of the Renewable Energy Buyers Alliance (REBA), a coalition of large energy buyers that is working to accelerate the transition to a clean energy economy.

Okta's commitment to renewable energy and decarbonisation is part of a broader trend among technology companies that are seeking to reduce their environmental impact and address the urgent threat of climate change. As one of the largest and fastest-growing companies in the identity and access management space, Okta has an important role to play in driving the transition to a more sustainable and low-carbon economy.

Okta's sustainability efforts are also aligned with the company's broader mission to enable secure and seamless access to technology for people and organizations around the world. By reducing its carbon footprint and supporting the development of renewable energy, Okta is helping to create a more secure and sustainable future for all.