Orica Limited (ORI) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to our 2025 half-year results. I'm Delphine Cassidy, Chief Communications Officer, and I'm delighted to have you with us today. In the room with me is Sanjeev Gandhi, our Managing Director and CEO, and James Crowe, our CFO. Both Jamie and Sanjeev will be presenting shortly. We value your participation and will ensure that there's ample time for questions after the two presentations. So please feel free to queue up and we'll address your questions as soon as possible. Before we start, can I ask you to have a look at the disclaimer on slide two? Thank you. And with that, I hand it over to Sanjeev. Thank you, Delphine. Morning and welcome all. Let me start with an update on our number one priority, safety. We are committed to keeping our people safe, and our serious injury case rate is a key metric for us. We are very pleased to report that our SICR has reduced by more than half from 0.21 in FY 2021 to under 0.09 at the end of March. This achievement is best in class in industry and represents Orica's best performance ever since we started reporting on this metric. While we are very pleased by this continued improvement, we remain focused on preventing fatalities and harm. This year, we are particularly focused on reducing collision-related events as the majority of our site-based workforce drive Orica vehicles, trucks, or mobile equipment. By focusing on reducing collision-related events, we enhance safety, prevent fatalities, and improve overall operational efficiency. In terms of sustainability aspirations, we have made very good progress on our climate change commitments. We have completed the first phase of our decarbonization strategy ahead of schedule, significantly reducing our scope one and scope two emissions. Following the deployment ...