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updated 21 days ago

Lubrizol Oilfield Solutions Inc. Sustainability Profile

Company website

Lubrizol Oilfield Solutions Inc., a subsidiary of The Lubrizol Corporation, is a leading provider of advanced chemical solutions for the oil and gas industry. Headquartered in the United States, the company operates extensively in key regions including North America, the Middle East, and Asia-Pacific. Founded in 1928, Lubrizol has established itself as a pioneer in the development of innovative products that enhance the efficiency and performance of oilfield operations. Specialising in a range of services, Lubrizol Oilfield Solutions offers unique formulations for drilling, completion, and production processes. Their core products, including specialty chemicals and additives, are designed to optimise production while minimising environmental impact. With a strong market position and a commitment to sustainability, Lubrizol continues to achieve notable milestones, reinforcing its reputation as a trusted partner in the oilfield sector.

DitchCarbon Score

How does Lubrizol Oilfield Solutions Inc.'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.

8

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

Lubrizol Oilfield Solutions Inc.'s score of 8 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

0%

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Lubrizol Oilfield Solutions Inc.'s reported carbon emissions

Lubrizol Oilfield Solutions Inc., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company is a current subsidiary of Berkshire Hathaway Inc., which may influence its climate commitments and reporting practices. Despite the lack of specific emissions data, Lubrizol Oilfield Solutions Inc. is part of a broader corporate family that may have climate initiatives in place. However, no specific reduction targets or climate pledges have been documented for this subsidiary. The absence of data suggests that the company may still be developing its climate strategy or reporting framework. As a subsidiary, Lubrizol Oilfield Solutions Inc. may align its environmental goals with those of its parent company, Berkshire Hathaway Inc., which has its own sustainability initiatives. However, without explicit commitments or targets from Lubrizol Oilfield Solutions Inc. itself, it is challenging to assess its individual climate impact or commitments. In summary, while Lubrizol Oilfield Solutions Inc. does not currently provide emissions data or specific climate commitments, its relationship with Berkshire Hathaway Inc. may play a role in shaping its future sustainability efforts.

How Carbon Intensive is Lubrizol Oilfield Solutions Inc.'s Industry?

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Some industries are more carbon intensive than others. Lubrizol Oilfield Solutions Inc.'s primary industry is , which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Lubrizol Oilfield Solutions Inc.'s Location?

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Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Lubrizol Oilfield Solutions Inc. is in US, which has a low grid carbon intensity relative to other regions.

Lubrizol Oilfield Solutions Inc.'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 Oilfield Solutions Inc. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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