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Lubrizol Corporate Report Highlights Mission to Help the World Move Cleaner, Create Smarter and Live Better

New Report Spotlights Company’s Forward-Looking Approach Alongside Its Commitment to Sustainability

CLEVELAND, May 20, 2020 – Lubrizol today announced the release of its 2020 Corporate Report, highlighting the company’s mission to help the world Move Cleaner, Create Smarter and Live Better. This mission is tied to bold goals that further the company’s longstanding commitment to sustainability. The report, which includes the Company’s sustainability disclosures, is available online at www.Lubrizol.com.

2020 Corporate Brochure Cover

The comprehensive update highlights how Lubrizol applies its science and market insights to improve products that people use every day, from the way we move, to how we take care of ourselves and our families, to how we work and play. The report also addresses the value of sustainability as a vital driver to the long-term health and growth of the organization.

“In the decade ahead, one where we’ll celebrate our centennial (in 2028), we’ll have an even greater impact as we help the world Move Cleaner, Create Smarter and Live Better than ever before,” said Eric R. Schnur, Lubrizol Chairman, President and Chief Executive Officer. “Sustainability will continue to be fundamental to what we do and how we operate. We have great opportunities to reduce vehicle emissions, enable circularity, and improve lives for billions of consumers. We have invested billions of dollars in innovation across these areas in the past decade, and we plan to continue that investment in the decade ahead.”

In addition to reporting on Lubrizol’s sustainability progress, Lubrizol introduces several new bold goals, including:

  • Helping enable a more than 50% reduction in vehicle emissions by 2040 (based on total car park 2020 vs. 2040);
  • Improving the circularity of Lubrizol’s products by 25% by 2028 (compared with a 2019 baseline);
  • Improving at least 2 billion lives by 2028 – through solutions for health, beauty, cleanliness, wellness and fitness;
  • Increasing the percentage of women in senior leadership roles to 46% by 2023; and
  • Assisting at least 2,028,000 individuals globally by 2028 through corporate philanthropy and support for employee volunteering.

The Lubrizol Corporate Report’s sustainability content is produced in accordance with the GRI Standards: Core option. In addition to the report, the company provides online access to its GRI Index and its Sustainability Scorecard.

About The Lubrizol Corporation
The Lubrizol Corporation, a Berkshire Hathaway Company, leverages its unmatched science to unlock immense possibilities at the molecular level, driving sustainable and measurable results to help the world move cleaner, create smarter and live better. Founded in 1928, Lubrizol owns and operates more than 100 manufacturing facilities, sales and technical offices around the world and has approximately 8,800 employees. For more information, visit www.Lubrizol.com.

Contact:

 

Alicia Gauer
Lubrizol Corporate Communications
alicia.gauer@lubrizol.com
440.347.7700