Orica Limited, a leading player in the chemicals nec industry, is headquartered in Australia and operates extensively across key regions including North America, South America, and Asia-Pacific. Founded in 1874, Orica has established itself as a pioneer in the development and supply of commercial explosives and blasting systems, primarily serving the mining, quarrying, and construction sectors.
The company’s core offerings include innovative blasting solutions and advanced chemical products, which are distinguished by their safety and efficiency. Orica's commitment to sustainability and technological advancement has positioned it as a market leader, with notable achievements in enhancing productivity and reducing environmental impact. With a rich history and a focus on customer-centric solutions, Orica continues to shape the future of the chemicals industry.
-8 vs industry average
Orica Limited’s score of 21 is lower than 35% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Chemicals is among the most carbon-intensive industries
Industry performance
The Chemicals industry has reduced its overall emissions by 19% since 2018
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Orica Limited's reported carbon emissions
Orica Limited, a Chemicals nec company headquartered in AU, reported total global emissions of approximately 93.1 billion kg CO2e in 2023. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions.
In 2023, Orica's Scope 1 emissions were approximately 1.45 billion kg CO2e, and Scope 2 emissions were about 256 million kg CO2e. Scope 3 emissions for the same year totalled approximately 10.2 billion kg CO2e, with purchased goods and services being the largest contributor at around 5.6 billion kg CO2e.
Looking back, Orica's total global emissions in 2022 were approximately 9.37 billion kg CO2e, consisting of about 1.68 billion kg CO2e for Scope 1 and 256 million kg CO2e for Scope 2. Scope 3 emissions in 2022 amounted to roughly 9.96 billion kg CO2e.
Orica has set a target to reduce its operational Scope 1 and Scope 2 emissions by at least 40% by FY2030, using FY2019 levels as the baseline. Emissions data for previous years shows:
- 2021: Approximately 8.95 billion kg CO2e total emissions, with Scope 1 at around 1.63 billion kg CO2e and Scope 2 at approximately 271 million kg CO2e.
- 2020: Approximately 8.27 billion kg CO2e total emissions, including Scope 1 of about 1.85 billion kg CO2e and Scope 2 of roughly 267 million kg CO2e.
- 2019: Approximately 6.95 billion kg CO2e total emissions, with Scope 1 at about 2.09 billion kg CO2e and Scope 2 at approximately 242 million kg CO2e. This year serves as the baseline for their FY2030 reduction target.
- 2018: Approximately 6.92 billion kg CO2e total emissions, with Scope 1 at about 2.24 billion kg CO2e and Scope 2 at approximately 260 million kg CO2e.
- 2017: Scope 1 emissions were about 2.24 billion kg CO2e and Scope 2 emissions were approximately 352 million kg CO2e. Scope 3 emissions were around 4.68 billion kg CO2e.
- 2016: Scope 1 emissions were approximately 1.80 billion kg CO2e and Scope 2 emissions were about 332 million kg CO2e. Scope 3 emissions were roughly 4.13 billion kg CO2e.
- 2015: Scope 1 emissions were around 1.82 billion kg CO2e and Scope 2 emissions were approximately 260 million kg CO2e. Scope 3 emissions were about 4.56 billion kg CO2e.
- 2014: Scope 1 emissions were approximately 2.2 billion kg CO2e and Scope 2 emissions were about 400 million kg CO2e. Scope 3 emissions were roughly 1.8 billion kg CO2e.
For the years 2009 through 2013, Orica reported Scope 1 and 2 emissions in the range of approximately 2.4 billion kg CO2e to 3.3 billion kg CO2e. Scope 1 and Scope 2 data for 2017 and 2018 were sourced from Orica's 2019 and 2018 annual reports respectively. Data from 2010 to 2013 is sourced from Orica's 2013 annual report. Emissions data for 2015, 2016, and 2017 are sourced from Orica's 2019 annual report.
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Orica Limited’s Climate Goals (2030 & 2050)
1 goal2030
40% reduction in all scopes
New target to reduce operational Scope 1 and Scope 2 emissions by at least 40% by FY2030, from FY2019 levels7
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 1 climate goals
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Scope 3 top emissions categories
11 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Orica Limited
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