The lubricants industry needs a unified approach to sustainability standardization, panelists said at a conference organized by the United Kingdom Lubricants Association. The one-day event last week at the Institute of Directors in London focused mostly on the industry’s environmental impact and carbon footprint.
“We need to start measuring, because if we don’t start measuring, we’re not going to know if we’re doing it how we’re doing it,” said Sabrina Carciun, senior business development manager at Kline & Co. and one of two women participating in the event.
The situation for the lubricants business is indicative of industry in general. Companies use a variety of standards and frameworks, depending on needs and relevance. These include the Global Reporting Initiative, which is the most widely used, and the International Standards Organization, among many others. Each has its own pros and cons and specificities.
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