Cognizant has signed an agreement with Orica to provide a digital platform for reporting and forecasting greenhouse gas (GHG) emissions. The platform will employ agile methods and provide real-time data on scope 1 and 2 emissions. The project aims to assist Orica with its data strategy for environmental, social, and governance (ESG).
Cognizant will use the company’s Microsoft Azure data lake as part of its agreement with Orica. Orica’s goal is to develop a single ESG data platform that will allow the company to manage its greenhouse gas emissions data.
This platform will assist Orica in tracking the creation of Australian Carbon Credit Units and monitoring, reporting, and forecasting its GHG emission reductions. The project is critical to Orica’s Net Zero strategy and the Kooragang Island Decarbonisation Project, worth AUD 37 million (USD 27 million).
Orica previously hired Cognizant to migrate its IT infrastructure to the cloud for increased efficiency, agility, and business impact, as well as to reduce operating costs. The new project with Cognizant will assist Orica in tracking and monitoring the progress of emissions reductions.
“There is a growing market-driven need for large organisations in the resources industry to understand, report on, and reduce their carbon footprint. As a major supplier to mining and construction companies, Orica also has an important role to play in reducing overall greenhouse gas emissions,” said Chris Crozier, Chief Information Officer, Orica. “As such, we needed a trusted partner with a similar focus on ESG goals and sustainability and one with expertise in data analysis, AI, design, and IoT. We look forward to working with Cognizant to help us achieve our own sustainability objectives while we look for ways to support our customers in meeting their own goals.”
“Core to our company’s purpose of engineering modern businesses to improve everyday life is our commitment to embed sustainability into our thinking, decisions, and actions. Growing numbers of customers, investors, regulators, and governmental bodies now expect corporations to make measurable progress toward reducing their greenhouse gas emissions,” said Jonathan Smith, Sustainability Lead, ANZ, Cognizant. “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, and 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.”