Orica taps Cognizant to develop carbon footprint reporting platform
NEW JERSEY, UNITED STATES — Mining solutions provider Orica is working on a digital platform that will monitor and forecast emissions in real time as part of its Net Zero strategy.
The Australian-based multinational corporation entered an agreement with IT company Cognizant in a bid to achieve its sustainability goals.
The initiative plays a significant role in Orica’s AU$37 million (US$27 million) Kooragang Island Decarbonization Project.
The project is seen to reduce 1% of Australia’s yearly carbon footprint, equivalent to the greenhouse gas (GHG) emissions of 35,000-50,000 Australian homes.
“We are incredibly proud of having been appointed as the data, AI and analytics partner for Orica to be able to measure Orica’s ESG efforts to reduce its carbon footprint,” said Cognizant ANZ Sustainability Lead Jonathan Smith.
Cognizant is expected to leverage Orica’s existing technology investments, and supply Orica with a single Environmental, Social, and Governance (ESG) data platform.
There is an increasing market demand for major companies in the resources industry to assess, report on and lessen their carbon footprint, Orica said in a statement.
“As a major supplier to mining and construction companies, Orica also has an important role to play in reducing overall greenhouse gas emissions,” Orica Chief Information Officer Chris Crozier added.
