The world's largest independent lubricant group FUCHS PETROLUB sends out a clear signal for global climate protection. From 1.1.2020, the company will produce CO 2 -neutral completely.
The CO 2 -Neutralstellung is another milestone in FUCHS sustainable development.
From 2020, the 58 FUCHS locations worldwide - from energy consumption in production to consumables in administration - will be CO 2 -neutral.
In order to implement CO 2 neutrality as early as 2020, FUCHS will compensate for its previously unavoidable CO 2 emissions through compensatory measures. This is done by investing in high-quality climate protection projects, which above all promote the development of renewable energies. The projects are accredited, approved and controlled in accordance with internationally recognized certification standards, such as the Gold Standard, and renowned organizations such as the United Nations (UN). The validation of the project results in terms of the achieved CO 2 savings is verified by independent testing bodies, such as the TUV.
'The FUCHS CO 2 Neutrality Strategy is embedded in our sustainability strategy, which we are now pursuing for the tenth year, thereby assuming responsibility for global climate protection,' said Stefan Fuchs, Chief Executive Officer of FUCHS PETROLUB SE, 'and making an important contribution to achieving this the objectives of the 2015 ratified Paris Climate Change Agreement '. This envisages limiting global warming to well below two degrees Celsius compared to pre-industrial levels.
'When selecting projects, our focus is on climate protection projects that support the economic, ecological and social development in regions with FUCHS locations worldwide, thus fulfilling our global social responsibility in the sense of' corporate citizenship ',' adds Fuchs. At the same time, FUCHS is supporting the 17 UN Sustainable Development Goals that the company has been committed to since 2018.
'But it is also clear that this form of CO 2 compensation will only accompany our ongoing search for global reduction potentials of our (avoidable) CO 2 emissions, but will not replace them,' explains Apu Gosalia, Chief Sustainability Officer & Vice President Global Intelligence. For example, energy- related CO 2 emissions per tonne of FUCHS lubricant produced have already been reduced by around 30% since 2010.
In the medium term, FUCHS intends to gradually reduce its CO 2 compensation services and, in return, increase its share of renewable energy sources and continue investing in the energy efficiency of its locations. In the long term, the company aims to sell CO 2 -neutral products to its customers . However, this presupposes that FUCHS will in future be supplied by its suppliers with CO 2 -neutral raw materials. Only in this way can FUCHS, as a CO 2 -neutral lubricant company, also offer its customers CO 2 -neutral lubricants from CO 2 -neutral production.
In addition, last month FUCHS joined as an official supporter of the 'Alliance for Development and Climate' of the Federal Ministry for Economic Cooperation and Development (BMZ). The members of this alliance, which combines climate protection and sustainable development, are aiming for climate neutrality in the future by simultaneously avoiding, reducing and compensating for CO 2 emissions.
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The FUCHS Group develops, produces and sells high quality lubricants and related specialties for almost all industries and applications. The company, which was founded in Mannheim in 1931, employs around 5,500 people worldwide in 58 operating companies. FUCHS is the world's largest supplier of independent lubricant manufacturers. The most important sales markets are Western Europe, Asia and North America.