Orica saves 1 million tonnes of CO2

Orica saves 1 million tonnes of CO2

Orica says it has achieved a decarbonisation milestone by eliminating 1.0 million tonnes of carbon dioxide equivalent (CO₂e) from its Kooragang Island site, the equivalent of taking 600,000 cars off the road. The emissions reduction is the result of deployment of tertiary abatement technology on three nitric acid plants, in a project co-financed by the New South Wales Government’s Net Zero Industry and Innovation Program and the Federal Government’s Clean Energy Finance Corporation. The Clean Energy Regulator also approved the project as eligible to generate Australian carbon credit units.

Orica Group Executive and President Australia Pacific and Sustainability, Germán Morales said: “This is another proud and critical milestone in Orica’s decarbonisation journey and ambition to achieve net zero emissions by latest 2050. Sustainability is at the core of our purpose and this milestone highlights our ongoing commitment to supporting our customers in achieving their sustainability goals and our long-term support of the Hunter region while also supporting government decarbonisation ambitions. It also shows the power of partnership when private business and government work together.”