Potential offtaker

Lubrizol Corp

www.lubrizol.com

Estimated electricity consumption

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Countries of production presence

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Lubrizol Corp is a leading American company in the Basic & Diversified Chemicals sector that has been operating for over 90 years. The company is headquartered in Wickliffe, Ohio, and has operations in more than 100 countries worldwide. Lubrizol Corp is a global supplier of specialty chemicals, including additives, ingredients, and compounds that are used in a wide range of industries, including transportation, industrial, and consumer markets.

Lubrizol Corp has been taking significant steps towards decarbonisation and reducing its carbon footprint in recent years. The company has set ambitious targets to reduce its greenhouse gas emissions and is committed to achieving net-zero emissions by 2050. Lubrizol Corp has also been investing in renewable energy sources, such as wind and solar power, to reduce its reliance on fossil fuels and decrease its carbon emissions.

One of the ways in which Lubrizol Corp is achieving its decarbonisation goals is through corporate energy initiatives. The company has implemented various energy efficiency measures across its operations, including upgrading equipment and improving processes to reduce energy consumption. Lubrizol Corp has also been investing in renewable energy projects, such as wind and solar power, to generate clean energy and reduce its carbon emissions.

Another way in which Lubrizol Corp is reducing its carbon footprint is through corporate power purchase agreements (PPAs). PPAs are long-term contracts between a company and a renewable energy provider that guarantee a fixed price for renewable energy over a specified period. Lubrizol Corp has signed several PPAs with renewable energy providers to source clean energy for its operations. These agreements have not only helped the company to reduce its carbon emissions but have also provided price stability and reduced energy costs.

Lubrizol Corp's commitment to renewable energy and decarbonisation is reflected in its corporate sustainability strategy. The company has set ambitious targets to reduce its greenhouse gas emissions, increase its use of renewable energy, and improve its energy efficiency. Lubrizol Corp's sustainability strategy also includes initiatives to reduce waste, conserve water, and promote sustainable sourcing practices.

Lubrizol Corp's commitment to sustainability and decarbonisation has not gone unnoticed. The company has received several awards and recognitions for its sustainability efforts, including being named to the Dow Jones Sustainability Index and the CDP Climate Change A-List. These recognitions demonstrate Lubrizol Corp's leadership in sustainability and its commitment to reducing its environmental impact.

In conclusion, Lubrizol Corp is a leading American company in the Basic & Diversified Chemicals sector that is committed to decarbonisation and reducing its carbon footprint. The company has set ambitious targets to reduce its greenhouse gas emissions and is investing in renewable energy sources to achieve these goals. Lubrizol Corp's corporate energy initiatives, corporate PPAs, and sustainability strategy are all aimed at reducing its environmental impact and promoting sustainability. The company's commitment to sustainability has been recognised through several awards and recognitions, demonstrating its leadership in the industry.

✓ Current offtaker under Corporate PPA's