Incitec Pivot : 2023 IPL CDP Water Security Report (2022 IPL FY)

Incitec Pivot CDP Water Security Questionnaire 2023 Tuesday, May 30, 2023

Welcome to your CDP Water Security Questionnaire 2023

W0. Introduction

W0.1

(W0.1) Give a general description of and introduction to your organization.

Incitec Pivot Limited (IPL) is a global diversified industrial chemicals company that supplies explosives, industrial chemicals, fertilisers and related services to the mining, infrastructure & construction, chemicals and agriculture industries. IPL has extensive operations throughout Australia, the United States, Canada, Mexico, Turkey and Indonesia, including over 30 manufacturing plants, scores of distribution centres and well-established channels to market. The Company employs over 5,000 staff worldwide, including almost 2,000 staff in Australia and over 2,500 staff in North America. IPL manufactures a range of fertiliser inputs and products including ammonium phosphates, ammonia, urea, sulphuric acid and superphosphates at five manufacturing sites across eastern Australia and is the only manufacturer of ammonium phosphates and urea in Australia.

Through the Incitec Pivot Fertilisers brand (IPF) IPL is Australia's largest supplier of fertilisers, dispatching approximately two million tonnes each year for use in the grain, cotton, pasture, dairy, sugar and horticulture industries. It operates through a comprehensive network of distributors who supply the product to Australian farmers. IPL has a long-term commitment to investment in soil nutrition research and its Nutrient Advantage laboratory is industry accredited. As a leading provider of nutrition advice to farmers and customers, IPL promotes the sustainable use and safe handling of its fertiliser products to customers and farmers.

Through the Dyno Nobel brand, IPL is the second largest supplier of explosives in Australia and is a market leader in North America. Dyno Nobel branded products include a complete range of commercial explosives including ammonium nitrate, bulk explosives, packaged emulsions and dynamite as well as a range of initiating systems. Services provided include expert technical consulting to customers such as mining companies and their suppliers, quarries and companies supporting the construction industry. In addition, IPL manufactures various industrial chemical products used in water treatment, process manufacturing and other industrial applications.

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Incitec Pivot CDP Water Security Questionnaire 2023 Tuesday, May 30, 2023

IPL recognises that building a sustainable future requires the sustainable management of the production of infrastructure, food, clothing, shelter and energy that people need every day. As a manufacturer and supplier of fertilisers, which are used to grow more food and fibre on existing land, and explosives products, which are used for mining, construction and quarrying, we recognise that our role in value creation relates directly to several UN Sustainability Goals, including 'Responsible Consumption and Production', 'Decent Work and Growth' and the production of food for a growing population ('Zero Hunger').

We also recognise the need to balance our economic performance with our environmental and social responsibilities. Those responsibilities include being a good corporate citizen and operating ethically. They include ensuring good governance in our day-to-day business activities and behaving with honesty and integrity in our interactions with communities, employees, customers, and the environment.

W-CH0.1a

(W-CH0.1a) Which activities in the chemical sector does your organization engage in?

Bulk inorganic chemicals

W0.2

(W0.2) State the start and end date of the year for which you are reporting data.

	Start date	End date
Reporting year	October 1, 2021	September 30, 2022

W0.3

(W0.3) Select the countries/areas in which you operate.

Australia

Canada

Mexico

Turkey

United States of America

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Incitec Pivot CDP Water Security Questionnaire 2023 Tuesday, May 30, 2023

W0.4

(W0.4) Select the currency used for all financial information disclosed throughout your response.

AUD

W0.5

(W0.5) Select the option that best describes the reporting boundary for companies, entities, or groups for which water impacts on your business are being reported.

Companies, entities or groups over which operational control is exercised

W0.6

(W0.6) Within this boundary, are there any geographies, facilities, water aspects, or other exclusions from your disclosure?

Yes

W0.6a

(W0.6a) Please report the exclusions.

Exclusion

Please explain

Small distribution and emulsion manufacturing	Data is not presently available for water use at these sites, and it is expected that withdrawals are not
sites across North America	material. For example, each emulsion manufacturing site in Australia currently uses less than 0.5% of IPLs
	total water withdrawal.
Offices and other administration buildings across	Data is not presently available for water use at these sites, and amounts are not expected to be material, as
North America that are distribution related and are	offices and other administration buildings would use much less than an emulsion manufacturing site, and
not situated at manufacturing sites	each emulsion manufacturing site in Australia currently uses less than 0.5% of IPLs total water withdrawal.

Operations in Chile

Data is not presently available for water use at these sites, and amounts are not expected to be material.

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Incitec Pivot CDP Water Security Questionnaire 2023 Tuesday, May 30, 2023

W0.7

(W0.7) Does your organization have an ISIN code or another unique identifier (e.g., Ticker, CUSIP, etc.)?

Indicate whether you are able to provide a unique identifier for your organization.	Provide your unique
	identifier
Yes, a Ticker symbol	ASX:IPL
Yes, another unique identifier, please specify	LEI:
IPL has an LEI that is quoted for all derivative trades and is consistent across transactions. (Each debt instrument on issue	254900UW2F3BKV6Z9V18
also has a ISIN but they differ per debt issue)
Yes, another unique identifier, please specify	INCZY
The American Depository Receipts (ADR) program sponsored by Bank of New York Mellon is traded on the New York Stock
Exchange. The stock DR symbol is INCZY.

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Incitec Pivot CDP Water Security Questionnaire 2023 Tuesday, May 30, 2023

W1. Current state

W1.1

(W1.1) Rate the importance (current and future) of water quality and water quantity to the success of your business.

	Direct use	Indirect use	Please explain
	importance rating	importance rating
Sufficient amounts of	Vital	Not very important	IPL's manufacturing operations require high quality water for cooling systems and boilers
good quality freshwater			(low calcium and silica), so have historically been built in areas where access to water is
available for use			assured. IPL typically has access to regulated municipal water supply or abundant fresh
			surface water or groundwater as regulated by the local EPA. For example, our Louisiana,
			Missouri (LOMO) site is located on the Mississippi River, and our St Helens, Oregon site
			is located on the Columbia River. Cooling water also requires very low sediment levels,
			so even fresh surface (river) water is typically treated onsite prior to use. Where sites are
			not located near abundant freshwater supplies, long-term supply agreements are put in
			place. For example, our Moranbah, Australia site is supplied by Sunwater, who operates
			19 dams and 1,951 kilometres of pipeline. Sunwater stores, captures and delivers
			around 40 per cent of the water used commercially in Queensland to more than 5,000
			customers.
Sufficient amounts of	Important	Neutral	IPL's Gibson Island site, located in Brisbane, Australia, was connected to a recycled
recycled, brackish			water source in 2021. This has reduced baseline water stress on the local municipal
and/or produced water			water supply.
available for use

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