IPL Recognised by S&P Global for sustainability performance

MEDIA RELEASE

IPL Recognised by S&P Global for sustainability performance 

18 February 2025

The sustainability of Incitec Pivot Limited (IPL) has once again been recognised with inclusion in the S&P Global Sustainability Yearbook for 2025.

IPL was selected for the Yearbook after achieving an S&P Global 2024 Corporate Sustainability Assessment, or CSA Score, within 30 per cent of the industry’s top performing company and maintaining its ranking within the top 15% of the Chemicals sector. 
 
Formerly known as the Dow Jones Sustainability Index, IPL has been admitted to the S&P Global index every year since 2010 and has been featured in the Yearbook since 2022.
 
IPL CEO & Managing Director Mauro Neves said: “We're delighted to once again be included in the S&P Global Sustainability Yearbook and to be the only Australian Chemicals sector company admitted this year.”

“Across our global operations, safety is at the core of everything we do, and our Zero Harm ambition is focused on ensuring the safety of our people, the environment and the communities in which we operate.”

Mr Neves said IPL’s sustainability strategy, including its management of climate change related issues, would continue to be a key focus in 2025.

“In the past 12 months two new tertiary N2O abatement projects have been commissioned at our manufacturing sites. The first was at our Moranbah facility in Australia followed by a similar abatement system at our Louisiana, Missouri (LOMO) plant in the USA. Significantly, the $8 million LOMO project is on track to remove more than our initial estimates of 520,000 tonnes of carbon dioxide equivalent emissions annually – equivalent to taking 125,000 vehicles off the road or planting more than 9 million trees.”

During 2024, IPL conducted a full double materiality assessment for both Dyno Nobel and IPF to identify the risks and opportunities most material to stakeholders and the environment, as well as those material to the financial sustainability of each of our businesses. The outcomes of this will guide IPL’s sustainability strategy for the next three years.

“We will continue to invest in innovation to operate more sustainably, support our customers on their decarbonisation journey, and meet our ESG goals, including our ambition to be Net Zero by 2050 or sooner if practical,” concluded Mr Neves.
 
S&P Global’s Sustainability Yearbook for 2025 is based on the 2024 Corporate Sustainability Assessment which spanned 62 industries and assessed 7,690 companies.

For more information on the S&P GLobal Sustainability Yearbook visit: Rankings | The Sustainability Yearbook | S&P Global

 

ENDS

 

About Incitec Pivot Limited

An ASX100 company, IPL has two industry leading businesses, Dyno Nobel based in the Americas, Asia Pacific and Europe, Middle East and Africa (EMEA) regions and Incitec Pivot Fertilisers (IPF), a leading integrated manufacturer and distributor of fertilizers across the east coast of Australia. We are an international business with world-scale explosives and fertilizer manufacturing, leading technology solutions, marketing and servicing operations. We are proud to be considered a trusted partner by customers and suppliers.

For media enquiries:

Media Johnny Sollitt-Davis Group Corporate Affairs Manager m: +61 431 134 850 e: johnny.sollitt-davis@incitecpivot.com.au