Orica Ltd 2022 AR2
The report outlines Orica's financial and sustainability performance for the fiscal year 2022. The company achieved a 14% reduction in net Scope 1 and 2 greenhouse gas emissions compared to the FY2019 baseline, driven by the deployment of tertiary abatement technology. Orica also announced a new commitment to source 100% renewable electricity by 2040 and successfully converted $1.3 billion of bank debt facilities into sustainability-linked loans. Despite strong financial results, including an underlying EBIT of $579 million, the company tragically reported two workplace fatalities, prompting a critical review of safety controls.
Company: Orica Ltd
Sector: Materials
Country: Australia
Year: 2022
Type: AR2
Pages: 212
Orica Ltd
The report outlines Orica's financial and sustainability performance for the fiscal year 2022. The company achieved a 14% reduction in net Scope 1 and 2 greenhouse gas emissions compared to the FY2019 baseline, driven by the deployment of tertiary abatement technology. Orica also announced a new commitment to source 100% renewable electricity by 2040 and successfully converted $1.3 billion of bank debt facilities into sustainability-linked loans. Despite strong financial results, including an underlying EBIT of $579 million, the company tragically reported two workplace fatalities, prompting a critical review of safety controls.
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Document Details
Report Year
2022
Reporting Period
Oct 1, 2021 - Sep 30, 2022
Fiscal Year
2022
Published
Nov 1, 2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees