Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Wednesday, 14 November 2018, 21:30 HKT/SGT

Source: Lubrizol
Lubrizol Issues First GRI Sustainability Report

CLEVELAND, Ohio, Nov 14, 2018 - (ACN Newswire) - The Lubrizol Corporation today announced the release of its 2017 corporate sustainability report on its website, The report was developed in accordance with the Global Reporting Initiative (GRI) Standards: Core option, which is an internationally recognized best practice for sustainability reporting. It is the first GRI sustainability report for the organization and replaces its previous corporate citizenship reports, which the company had issued for 2015, 2013, 2011, 2009 and 2007.

The theme, "Inspiring Sustainability, Improving Lives," defines Lubrizol's commitment to making the world a better place. Lubrizol has adopted a broad view of sustainability, encompassing Environmental, Social, Governance and Ethics, and Economic (ESG+E) topics. In 2018, the company worked with a third party to complete a formal materiality assessment to identify and prioritize the sustainability topics that are most important to its key stakeholders and where it can have the most impact. This report reflects the critical inputs of that materiality assessment.

"We believe the work we are doing is truly improving the lives of our employees, our customers, those in the communities where we operate, and the end users of our products," said Julie Edgar, Lubrizol's chief sustainability officer and vice president of innovation. "While we are proud of the progress we have made, of course, there is always more to do on this journey to maximize our positive impact, and that is just what we intend to do."

Significant areas of focus in the report include: Lubrizol's environmental performance; workplace health and safety; product health and safety; employee attraction, engagement and retention; diversity and inclusion; community involvement; governance and ethics; innovation, research and development; and sustainable sourcing.

To read the 2017 Sustainability Report, please visit Lubrizol's next GRI sustainability report is expected to be issued in the first half of 2020, and annually thereafter.

About The Lubrizol Corporation

The Lubrizol Corporation, a Berkshire Hathaway company, is a market-driven global company that combines complex, specialty chemicals to optimize the quality, performance and value of customers' products while reducing their environmental impact. It is a leader at combining market insights with chemistry and application capabilities to deliver valuable solutions to customers in the global transportation, industrial and consumer markets. Lubrizol improves lives by acting as an essential partner in our customers' success, delivering efficiency, reliability or wellness to their end users. Technologies include lubricant additives for engine oils, driveline and other transportation-related fluids, industrial lubricants, as well as additives for gasoline and diesel fuel. In addition, Lubrizol makes ingredients and additives for home care, personal care and skin care products and specialty materials encompassing polymer and coatings technologies, along with polymer-based pharmaceutical and medical device solutions.

With headquarters in Wickliffe, Ohio, Lubrizol owns and operates manufacturing facilities in 17 countries, as well as sales and technical offices around the world. Founded in 1928, Lubrizol has approximately 8,700 employees worldwide. Revenues for 2017 were $6.3 billion. For more information, visit

Media Contact
Julie Young


This announcement is distributed by West Corporation on behalf of West Corporation clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Lubrizol via Globenewswire

Nov 14, 2018 21:30 HKT/SGT
Topic: Press release summary
From the Asia Corporate News Network

Copyright © 2019 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

Jan 10, 2019 10:00 HKT/SGT
Particle Sciences strengthens nanomilling offering with new API screening program
Jan 8, 2019 23:00 HKT/SGT
Lubrizol Performance Coatings Group Introduces New Blog Page
Dec 20, 2018 07:00 HKT/SGT
Lubrizol Appoints Osterman as New Distributor in North America
Dec 11, 2018 07:00 HKT/SGT
Lubrizol Announces Strategic Alliance with Vidalia Denim for Sustainably-Produced Denim Featuring X4zol(TM)-J Stretch Fibers
Nov 13, 2018 20:00 HKT/SGT
Lubrizol to Showcase New Coating Technologies at IDEA19
Nov 9, 2018 23:00 HKT/SGT
Lubrizol Presents Flexible, Soft and High-Performing Estane 3DP TPU at Formnext 2018
Nov 9, 2018 07:00 HKT/SGT
Lubrizol Collaboration Produces Innovative Fashion-Functional Multi-Tech Commuter Jacket
Nov 8, 2018 08:00 HKT/SGT
Ana G. Rodriguez Named Lubrizol Corporate Vice President and Chief Human Resources Officer
Nov 5, 2018 23:00 HKT/SGT
Proprietary Nasal Delivery Formulation of Diazepam Developed by Particle Sciences Reaches NDA
Oct 31, 2018 10:00 HKT/SGT
Lubrizol Demonstrates Integrated Technology Solutions for Highly Flexible Electronics at 2018 IDTechEx Show
More news >>
 News Alerts
Copyright © 2019 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 10 8405 3688 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 6721 7212

Connect With us: