Incitec Pivot : 2022 Sustainability Report

IPL SUSTAINABILITY REPORT 2022

ABOUT THIS REPORT

Incitec Pivot Limited (IPL) has produced a stand-alone Sustainability Report, reporting against the Global Reporting Initiative (GRI) Guidelines, since 2010. We report on material sustainability topics in our Annual Reportsand Climate Change Reports,the latest of which were released last November. This 2022 Sustainability Report includes more information on those environmental, social and governance (ESG) issues deemed to have an impact on, and be material to, a broader range of stakeholders. By offering this more detailed analysis, we

aim to ensure that stakeholders are better able to understand how we manage these relevant ESG issues in each of our businesses.

This report was published in February 2023 and covers IPL's financial reporting period from 1 October 2021 to 30 September 2022. The content refers to the performance of IPL and its subsidiaries and the activities over which we had operational control for all or part of the IPL 2022 financial year. This period is referred to throughout the report as '2022'. This online interactive report has been prepared in accordance with the latest GRI Standards. For GRI alignment and more detailed information, including ESG data, please see our GRI Index and Data Supplement here. Please direct any questions or comment

about this report to [e-mail]

BENCHMARKING OUR PERFORMANCE

As part of our commitment to transparent reporting, IPL's sustainability performance is assessed against leading indices. This gives us the opportunity to benchmark our performance against other organisations in our sector, gain insight into areas for improvement, and provide investors and other stakeholders with an objective measure of our environmental, social and governance (ESG) risk management and business practices.

The Dow Jones Sustainability Index (DJSI) is widely recognised as the leading reference point in the growing field of Sustainable Investment due to the robustness of its assessment process. Since 2010, IPL has been included in the DJSI, where our performance is benchmarked against peers in the global Chemicals sector.

The results since 2017 are represented below.

Dimension	2017	2018	2019	2020	2021	2022
Economic	73	71	72	78	81	78
Environmental	61	64	73	71	69	72
Social	68	57	60	58	65	69
Total for IPL	68	65	69	69	72	73
Chemicals sector average	53	44	47	36	30	26

In 2022, the FTSE Group confirmed that IPL has been independently assessed according to the FTSE4Good criteria and has satisfied the requirements to remain a constituent of the FTSE4Good Index Series for the ninth consecutive year. Companies in the FTSE4Good Index Series have met stringent environmental, social and governance criteria.

IPL has been a voluntary CDP (formerly Carbon Disclosure Project) Climate Change reporter since 2009 and a voluntary CDP Water Security reporter since its introduction in 2014. Our most recent CDP reports can be downloaded from our website. Other indices and memberships are shown below.

DJSI Member since 2010	Member since 2015	Member since 2014	Member since 2019	CDP Climate Change Reporter since 2009
				CDP Water Security Reporter since 2014

MD&CEO's message	04
Who we are	05
Our Sustainability Scorecard	08
Materiality assessment	10
Zero Harm	14
People	18
OUR EXPLOSIVES BUSINESS	22
Dyno Nobel - Value Creation Model	26
Environmental Topics	28
Social Topics	34
Governance Topics	38
OUR FERTILISER BUSINESS	42
Incitec Pivot Fertilisers - Value Creation Model	46
Environmental Topics	48
Social Topics	56
Governance Topics	64
Glossary	68

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INCITEC PIVOT LIMITED | MD&CEO'S MESSAGE | WHO WE ARE | SUSTAINABILITY SCORECARD | MATERIALITY ASSESSMENT | ZERO HARM | PEOPLE

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INCITEC

PIVOT LIMITED

IPL is a leading technology supplier to the resources and agricultural sectors committed to helping create a sustainable and decarbonised world.

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