Global mine explosives leader Orica has engaged Cognizant to deliver an ESG data strategy and real-time digital reporting and forecasting platform for carbon emissions.
US technology consulting firm Cognizant says it will leverage Orica’s existing digital systems, including its Microsoft Azure data lake, and provide the manufacturer with a unified organisational environmental, social and governance (ESG) platform.
“This platform is expected to capture and curate Orica’s GHG [greenhouse gas] emissions data, including structured, unstructured and real-time data, with the goal of enabling Orica to monitor, report and forecast its GHG emissions reductions and track the origination of Australian Carbon Credit Units,” the companies said in a joint statement.
Cognizant was selected by ASX-listed Orica in 2018 to migrate its IT infrastructure to the cloud.
“Growing numbers of customers, investors, regulators, and governmental bodies now expect corporations to make measurable progress toward reducing their greenhouse gas emissions,” Cognizant’s ANZ sustainability lead, Jonathan Smith, said.
“To do so, these companies will need to transform their product and technology strategies, supply chains, logistics models, and more.
“Data is a crucial factor that allows companies to analyse their current emissions and measure against ESG goals over time.”
Orica’s carbon abatement strategy includes it’s A$37 million (US$27m) Kooragang Island decarbonisation project. The company has installed catalyst abatement technology at its nitric acid production facility at Kooragang Island which it expects to lead to cumulative emission reductions of 4.7 million tonnes of CO2-equivalent by 2030.