Dyno Nobel Strengthens Climate Commitments with New Global Emissions Targets

About Dyno Nobel Ltd

Dyno Nobel Limited (ASX: DNL), a global leader in industrial explosives and chemicals, has announced a new suite of greenhouse gas (GHG) reduction targets, reinforcing its commitment to climate action and sustainable growth.

The updated roadmap reflects the company’s sustained progress in emissions reduction, backed by major abatement projects across its Australian and U.S. operations. The plan includes refreshed Scope 1 and 2 targets and, for the first time, the introduction of Scope 3 targets—a significant step toward addressing value chain emissions. Scope 1 covers direct emissions from their own operations, Scope 2 covers indirect emissions from purchased electricity and energy, and Scope 3 includes emissions that occur across the wider supply chain, such as those from suppliers, transportation, and product use.

Dyno Nobel’s decarbonisation strategy aligns with its net zero by 2050 ambition and demonstrates its intent to play a proactive role in the global energy transition.

Strategic Developments

Building on the foundation of its November 2021 emissions plan, Dyno Nobel confirmed that it has already achieved its short-term ‘5% by 2025’ reduction target, measured against its 2020 Scope 1 and 2 baseline.

This milestone was underpinned by a A$20 million investment in advanced nitrous oxide abatement technology at the company’s Moranbah plant in Queensland, completed in 2024. The installation follows earlier secondary abatement systems built into Moranbah when it was commissioned in 2012, highlighting Dyno Nobel’s long-term leadership in emissions mitigation.

Expanding on this progress, the company has now adopted a ‘25% by 2030’ reduction target and set a ‘50% by 2036’ medium-term target for absolute GHG reductions. These goals are supported by a pipeline of identified projects, including the recently completed US$8 million abatement initiative at the Louisiana, Missouri (LOMO) plant in the United States.

Dyno Nobel has retained its overarching goal of achieving net zero by 2050, consistent with its previously announced Transition Pathway.

Scope 3 Targets and Value Chain Decarbonisation

For the first time, Dyno Nobel has established Scope 3 emissions targets at the business unit level, reflecting a comprehensive approach to value chain sustainability.

Dyno Nobel Asia Pacific (DNAP) will target a 25% reduction in upstream GHG emissions per tonne of ammonium nitrate purchased by 2030, benchmarked against its 2020 baseline. This target covers approximately 77% of DNAP’s total Scope 3 emissions, equivalent to an estimated 25% absolute reduction in upstream emissions.

Dyno Nobel Americas (DNA) will pursue a 40% reduction in downstream GHG emissions per tonne of bulk product sold by 2030, covering around 25% of its total Scope 3 footprint. The initiative underscores Dyno Nobel’s commitment to collaborate with customers across mining, construction, and industrial sectors to reduce emissions linked to product use.

Technology and Transition Pathway

Dyno Nobel’s Transition Pathway integrates technological investment with practical timelines to ensure credible emissions reductions. The company continues to monitor the evolving economics of green hydrogen and other low-carbon feedstocks for ammonia manufacture.

Current modelling indicates that green hydrogen will not achieve cost parity with natural gas before 2040, but Dyno Nobel remains committed to accelerating technology readiness and incorporating lower-carbon manufacturing pathways as they become viable.

These efforts form part of a broader innovation strategy that combines abatement retrofits, efficiency improvements, and renewable energy sourcing to drive steady decarbonisation while maintaining operational reliability.

The upcoming 2025 Climate Change Report, scheduled for release around 17 November 2025, will provide further detail on these initiatives, including scenario assumptions, project milestones, and progress metrics.

Industry Context

The global explosives and industrial chemicals industry faces growing expectations from customers and regulators to reduce emissions intensity across production and application. Dyno Nobel’s early integration of abatement technologies and comprehensive Scope 3 targets positions it as an industry leader in environmental stewardship.

In Australia, the company’s investments support national goals for net zero emissions by 2050, aligning with broader industrial decarbonisation efforts in resources, energy, and infrastructure sectors. The strengthened targets also signal continued progress within parent company Incitec Pivot Limited’s sustainability framework, ensuring that both organisations remain competitive in an evolving global regulatory landscape.

Conclusion

Dyno Nobel’s updated emissions roadmap marks a decisive shift from ambition to measurable action. By achieving early milestones, launching new mid-term targets, and extending accountability across its value chain, the company has laid the foundation for credible long-term decarbonisation.

Through sustained investment in abatement, innovation, and collaboration with partners, Dyno Nobel is not only reducing its environmental footprint but also enhancing its competitive positioning in a sector undergoing rapid transformation.

With detailed disclosures forthcoming in its 2025 Climate Change Report, Dyno Nobel continues to demonstrate transparency, discipline, and forward momentum in delivering a responsible and resilient transition to net zero.