Lubrizol
Lubrizol Corporation, headquartered in the United States, is a leading global specialty chemicals company founded in 1928. With a strong presence in North America, Europe, and Asia, Lubrizol operates primarily in the automotive, industrial, and consumer markets. The company is renowned for its innovative solutions in lubricant additives, performance coatings, and advanced materials, which enhance the performance and longevity of products across various industries. Notable for its commitment to sustainability and technological advancement, Lubrizol has achieved significant milestones, including the development of eco-friendly formulations and cutting-edge polymer technologies. As a trusted partner to numerous Fortune 500 companies, Lubrizol's market position is bolstered by its extensive research and development capabilities, making it a key player in the specialty chemicals sector.
DitchCarbon Score
How does Lubrizol's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Chemicals industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Lubrizol's score of 27 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lubrizol's reported carbon emissions
In 2023, Lubrizol reported total carbon emissions of approximately 335,832,000 kg CO2e for Scope 1 and about 40,393,000 kg CO2e for Scope 2. This reflects a slight decrease from 2022, where emissions were approximately 378,595,000 kg CO2e for Scope 1 and about 38,452,000 kg CO2e for Scope 2. The company has set an ambitious target to achieve a 20% reduction in combined Scope 1 and Scope 2 greenhouse gas emissions by 2030, using 2018 as the baseline year. This commitment underscores Lubrizol's dedication to addressing climate change and reducing its carbon footprint in the chemical industry.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 378,595,000 | 000,000,000 |
| Scope 2 | 38,452,000 | 00,000,000 |
| Scope 3 | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Lubrizol is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
