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Innospec drives sustainability in the fuel sector with ESG practices

Written by Corporate
Published 16/01/2024 às 17:53
ESG is at the essence of the business
Photo: https://neofeed.com.br/

Commitment to sustainability and reducing emissions

Innospec, a leader in the development of fuel additives, highlights its global commitment to fuel additive practices. ESG (Environmental, Social and Governance) and its contribution to the UN Sustainable Development Goals (SDGs). The company stands out in minimizing the environmental impact of its operations and in product development

safe and sustainable. With a focus on reducing climate impact and helping customers achieve their sustainability goals, Innospec has been showing positive results in reducing greenhouse gas (GHG) emissions, energy and water consumption.

ESG strategies for reducing emissions and sustainable consumption

Innospec is dedicated to using resources efficiently, promoting sustainable consumption through initiatives in its factories to reduce GHG emissions related to the use of energy, water and waste generation. Rodrigo Freitas, Technical Specialist at Innospec, emphasizes the company's focus on optimizing engine operation, improving efficiency and contributing to the reduction of emissions, facing the technical challenges associated with the incorporation of renewable fuels.

Innospec's environmental performance: energy, water and waste

Innospec monitors its performance in four main areas: renewable energy, reduction of GHG emissions, responsible water management and sustainable waste generation. In 2022, 12 manufacturing units have already guaranteed 100% renewable energy. The company has reduced GHG emissions by 46% since 2006 and is exploring pathways to achieve Net Zero status in its operations by 2050. Additionally, Innospec has managed to reduce water consumption by 53% since 2006 and prioritizes prevention, recycling and reuse of waste.

International recognition and future prospects

For the third time in a row, Innospec received the ‘Gold Medal’ from EcoVadis, placing it among the 7% of companies evaluated in the sector globally. EcoVadis is a Corporate Social Responsibility platform that independently assesses the sustainability performance of companies in relation to

its environmental, labor, fair trade and sustainable purchasing practices. This recognition reaffirms Innospec's commitment to sustainability and responsible ESG practices.

About Innospec: leadership in specialty chemistry

Innospec is a leading global specialty chemicals company dedicated to providing innovative solutions that improve engine efficiency and reduce environmental impact. With a strong presence in renewable fuels, the company guarantees efficiency and stability for its applications. From its headquarters in Englewood, Colorado, to its operations in 22 countries, Innospec manufactures and supplies a broad range of products through its three business units. In Latin America, its operations are concentrated in Brazil, with an office in the state of Rio de Janeiro, starting its activities in 2011 with the Fuel Specialties division. With products ranging from gasoline to crude oil, Innospec positions itself as an innovative force in the specialty chemicals sector, significantly contributing to a cleaner and more responsible future.

Source: Ana Krauss.

Corporate

CPG Corporate Reports is intended for news about events, projects and announcements from companies in Brazil and the world!

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