Cognizant and Orica Partner to Deliver ESG Data

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Cognizant and Orica Partner to Deliver ESG Data

Cognizant Technology Solutions Corporation has extended its relationship with Orica Limited to deliver an ESG data strategy and a digital platform, through agile methods, that provides real-time reporting and forecasting of scope 1 and 2 greenhouse gas (GHG) emissions. This project is a key component of Orica’s Net Zero strategy, specifically its AUD 37 million (USD 27 million) Kooragang Island Decarbonization Project.

As part of the agreement, Cognizant will leverage Orica’s existing technology investments, specifically its Microsoft Azure data lake, and provide Orica with a single ESG data platform. This platform is expected to capture and curate Orica’s GHG 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.

Orica has installed catalyst abatement technology at its nitric acid production facility at Kooragang Island, forecasting a significant reduction in GHG emissions, specifically nitrous oxide. The Kooragang Island decarbonization inititiave is forecasted to provide cumulative emission reductions of 4.7 million tonnes of CO(2) e by 2030. The expected cumulative reduction of this project has been calculated to be equivalent to 1% of Australia’s annual carbon footprint, or on an annual basis avoiding GHG emissions produced by the equivalent of 35000-50 000 Australian homes.

Orica has previously engaged Cognizant to move its IT infrastructure to the cloud to enable Orica to achieve higher levels of efficiency, agility and business impact and optimize operating costs. With this new partnership between Cognizant Technology Solutions Corporation & Orica Limited taking place for this ESG Data Strategy & Digital Platform project for their Kooragang Island Decarbonization Project it is clear