In 1928, our founders had a belief that good science could lead to a better life. They understood that we have a role in protecting our people and the environment, as well as being a good community member where we operate. This philosophy of “Inspiring Sustainability, Improving Lives” continues to be the foundation at Lubrizol today, and a commitment we take very seriously. The philosophy comes to life through a dedication to sustainable development, community engagement, diversity and inclusion, and The Lubrizol Foundation.
Lubrizol defines sustainability as the balance among environmental, social, governance and ethics, and economic factors (ESG+E), as we pursue objectives that add value to our business, employees, stakeholders and society—and protect the planet’s ecosystem.
- Environmental—our intent is to consider the entire lifecycle of our products: from raw materials, manufacturing and supply chain, in-use impacts, all the way through end of life. Our products contribute to a cleaner, healthier planet by improving fuel efficiency, reducing emissions, making surfaces more durable, and promoting healthy, active living. We are also dedicated to minimizing our global footprint in our own operations.
- Social—protecting the health, safety and security of our employees and communities is our highest priority. We expect every employee to be a safety leader—to “make safe happen.” We also invest significantly in the development and training of our people, and work to be a diverse, inclusive organization. We are committed to being a good corporate citizen in the communities where we operate, through monetary support of local organizations and volunteering of our time and resources.
- Governance and Ethics—a strong dedication to operating ethically and responsibly has always been essential to who we are and serves as a foundation for how we create value for our stakeholders. We strive for continuous improvement in our governance, ethics and compliance programs.
- Economic—focusing on sustainability is not only the right thing to do, it also presents important economic benefits for Lubrizol and our customers, and ensures we continue to be a financially strong and sustainable company for the next 100 years. Our facilities contribute to the prosperity of their communities, and our products and commitment to innovation provide sustainability benefits to many people and markets around the world.
We enhanced our focus on sustainability by naming our first chief sustainability officer in 2017 and creating a cross-functional, senior-management level sustainability steering council. We have made tremendous progress over the past 100 years and look forward to the new sustainability opportunities that lie ahead so we can continue to improve lives.
As mentioned above, Lubrizol and our employees are committed to being good corporate citizens, which began with our founders. We continue their work by providing dollars, materials and people to various educational, cultural and charitable organizations.
Diversity and Inclusion
We strive to make Lubrizol a culturally intelligent organization where our employees feel a deep sense of connection to, and respect for, each other, as well as the world around them. As Eric Schnur, Lubrizol chairman, president and CEO, has stated, “Diversity and inclusion is all about state of mind. A confident, open and curious mind welcomes differences in people, opinions and approaches. It is intentional and purposeful in challenging its own potential blind spots. And it creates an inclusive environment that invites everyone to participate in the overall success of the company.”
The Lubrizol Foundation
The Lubrizol Foundation, founded in 1952, has a mission to complement and support the interests, values and vision of Lubrizol by awarding financial support to educational institutions and charitable organizations.
Learn more about our commitment to “Inspiring Sustainability, Improving Lives” here - https://www.lubrizol.com/Sustainability