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Dyno Nobel Updates Emissions Targets, Reinforces Sustainability Commitment

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Dyno Nobel Updates Emissions Targets, Reinforces Sustainability Commitment

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Incitec Pivot ( (AU:DNL) ) has issued an announcement.

Dyno Nobel has announced updated greenhouse gas emissions reduction targets, reinforcing its commitment to sustainability and climate action. The company has achieved its short-term target of a 5% reduction by 2025 and set new targets for 2030 and 2036, aiming for net zero emissions by 2050. The introduction of Scope 3 targets highlights Dyno Nobel’s efforts to support its customers’ decarbonization journeys, with specific goals for its Asia Pacific and Americas business units. These initiatives are expected to enhance the company’s industry positioning and demonstrate leadership in reducing carbon emissions.

The most recent analyst rating on (AU:DNL) stock is a Hold with a A$3.50 price target. To see the full list of analyst forecasts on Incitec Pivot stock, see the AU:DNL Stock Forecast page.

More about Incitec Pivot

Dyno Nobel is a company operating in the explosives industry, primarily providing products and services related to ammonium nitrate and other explosives. The company focuses on sustainability and climate action within its operations and across its value chain.

YTD Price Performance: 12.30%

Average Trading Volume: 4,416,458

Technical Sentiment Signal: Buy

Current Market Cap: A$5.85B

Learn more about DNL stock on TipRanks’ Stock Analysis page.

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