Lubrizol Sustainability Profile
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 16 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Lubrizol's reported carbon emissions
In 2023, Lubrizol reported total greenhouse gas (GHG) emissions of approximately 745,000,000 kg CO2e, a figure inherited from its parent company, The Lubrizol Corporation. This data reflects the company's commitment to transparency in its environmental impact. Lubrizol has set an ambitious target to achieve a 20% reduction in combined Scope 1 and Scope 2 GHG emissions by 2030, using 2018 as the baseline year. This commitment underscores the company's proactive approach to climate action and aligns with industry standards for sustainability. The emissions data from previous years shows a slight decrease from 748,000,000 kg CO2e in 2016 and 699,000,000 kg CO2e in 2015, indicating a trend towards improved emissions management. However, specific Scope 1 and Scope 2 emissions data for 2023 has not been disclosed, which limits the ability to assess progress against the reduction targets. Overall, Lubrizol's climate commitments reflect a strategic focus on reducing its carbon footprint while contributing to broader industry efforts to combat climate change.
How Carbon Intensive is Lubrizol's Industry?
How Carbon Intensive is Lubrizol's Location?
Lubrizol's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Lubrizol has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
