(BRK.A), (BRK.B)
In a significant stride towards sustainability, Lubrizol Advanced Materials proudly announces that three additional sites within Lubrizol Engineered Polymers have secured the International Sustainability and Carbon Certification (ISCC) PLUS certification. This achievement, obtained at the close of the previous year, underscores Lubrizol’s commitment to environmentally responsible practices.
ISCC PLUS is an esteemed international sustainability certification designed for industrial applications. It sets the standard for fully traceable and sustainable supply chains, enabling companies to monitor and attribute environmentally friendly raw materials throughout the entire value chain. This is accomplished through transparent record-keeping, all without altering the production process.
The three sites that have attained this third-party qualification are Lubrizol Advanced Materials’ headquarters in Brecksville, along with the production plants in Avon Lake, Ohio, U.S., and Oevel, Belgium. This accomplishment follows the ISCC PLUS certification received by Lubrizol’s facility in Songjiang, China, last year. These certifications align with Lubrizol’s dedication to sustainability and the expansion of its ESTANE® TPU sustainable solutions, applicable in various industries such as footwear, electronics, and industrial applications.
Dr. Jesús Santamaria, Global Sustainability Business Director for Lubrizol Engineered Polymers, highlighted the impact of ISCC PLUS on their products, stating, “ISCC PLUS enables a fully transparent biomass balance approach and leads to the decrease of the Product Carbon Footprint (PCF) of our final product. This builds up on the launch of our ESTANE RNW TPU solutions which reduces the PCF with the existing equipment used by our customers, without any change in the production process or final material properties.”
Elizabeth Grove, Chief Sustainable Officer at The Lubrizol Corporation, emphasized the strategic importance of ISCC PLUS certification, stating, “Obtaining ISCC PLUS certification is an important step in ensuring that Lubrizol has a single, consistent, corporate-wide process across our organization to track materials. As we increase our use of bio-based and renewable materials, Lubrizol’s customers are provided even more confidence in our ability to credibly trace these materials through our manufacturing process.”
By adopting the mass balance approach and incorporating the ISCC PLUS external verification system, Lubrizol aims to expand the use of alternative feedstocks. This move supports the acceleration of Lubrizol’s global sustainability journey, demonstrating a commitment to collaborating with partners and building alliances to develop solutions that have positive impacts on the environment and society, outweighing the footprint it takes to produce them.
© 2024 David Mazor
Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell a stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results