Orica Ltd

Common Name
Orica
Country
Australia
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
14,000
Ticker
ORI
Exchange
ASX
Description
Orica Ltd. is a leading global provider of commercial explosives and innovative blasting systems. As a key player in the industrial sector, Orica Ltd. primarily focuses on serving the mining, quarryin...

Orica's Climate Target Data Preview

As of 2023, Orica has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Orica ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2026
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2035
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Orica's Greenhouse Gas Emissions Pathways

As of 2023, Orica has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Orica have a target to reduce the emissions from its operations?

As of 2023, Orica has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Orica's most ambitious operational target is to reduce these emissions by 45% by 2030, compared to a baseline of 2,183,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

As of 2023, Orica is ahead of schedule on its operational emissions reduction target, having achieved 48.89% of the planned reduction.

Orica's Operational (Scope 1+2) Emissions Pathway

20192023202620300550 k1.1 M1.65 M2.2 MBaselineCurrent (-22%)Target 2030 (-45%)

Does Orica have a target to reduce the emissions from its value chain?

As of 2023, Orica has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

Orica's most ambitious value chain target is to reduce these emissions by 25% by 2035, compared to a baseline of 5,498,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.

Instead of reducing value chain emissions, Orica has increased them, with 2023 levels exceeding those of the 2022 baseline, placing the company well behind its reduction target.

Orica's Value Chain (Scope 3) Emissions Pathway

20222023203501.5 M3 M4.5 M6 MCurrent (+2%)Target 2035 (-25%)
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