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.
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.
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.
Lubrizol's score of 21 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Lubrizol reported total carbon emissions of approximately 335,832,000 kg CO2e from Scope 1 and 40,393,000 kg CO2e from Scope 2. This marks a reduction in emissions from 2022, where Scope 1 emissions were about 378,595,000 kg CO2e and Scope 2 emissions were approximately 38,452,000 kg CO2e. The company has made strides in reducing its carbon footprint, with a notable decrease in Scope 1 emissions by about 42,763,000 kg CO2e year-on-year. Lubrizol's emissions data reflects its commitment to sustainability, although specific reduction targets or initiatives have not been disclosed. The company continues to focus on improving its operational efficiency and reducing its environmental impact, aligning with industry standards for climate action.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | |
---|---|---|
Scope 1 | 378,595,000 | 000,000,000 |
Scope 2 | 38,452,000 | 00,000,000 |
Scope 3 | - | - |
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 committed to any reduction initiatives 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.