Orica and Cognizant Partner for ESG Data-Based Reporting of Net Zero Strategy

Orica, a leader in explosives and blasting, has partnered with Cognizant to develop an environmental, social, and governance (ESG) data strategy and digital platform that will support Orica’s Net Zero strategy and its A$37 million ($27 million) Kooragang Island Decarbonisation Project. Cognizant will leverage Orica’s existing technology investments, such as its Microsoft Azure data lake, to provide the company with a single ESG data platform.
This platform will enable Orica to monitor, report, and forecast its greenhouse gas (GHG) emissions reductions, including capturing and curating GHG emissions data in real-time. It is expected to provide real-time reporting and forecasting of Scope 1 and 2 GHG emissions.
The Kooragang Island decarbonisation project, which includes the installation of catalyst abatement technology at Orica’s nitric acid production facility, is forecasted to provide cumulative emission reductions of 4.7 Mt of CO2e by 2030.

Potential Environmental Impact:

The partnership between Orica and Cognizant will have a positive impact on the environment by providing the company with a comprehensive data platform to monitor and report on its GHG emissions reductions. This will enable Orica to track its progress towards its sustainability goals, including reducing its carbon footprint.
In addition, the Kooragang Island decarbonisation project is expected to result in significant reductions in GHG emissions, specifically nitrous oxide. This will contribute to the global effort to combat climate change and reduce the overall impact of greenhouse gasses on the environment.

Orica’s Chief Information Officer, Chris Crozier, stated that the company has a responsibility to play in reducing overall GHG emissions, and by working with a partner with a similar focus on ESG goals and sustainability, Orica can achieve its sustainability objectives and support its customers in meeting their own goals.

In conclusion, the partnership between Orica and Cognizant will play a crucial role in enabling the company to track its progress towards its sustainability goals and reducing its carbon footprint. This will have a positive impact on the environment and contribute to the global effort to combat climate change.