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Commitment to Sustainability and Emission Reduction
Innospec, a leader in fuel additive development, highlights its global commitment to ESG (Environmental, Social and Governance) practices and its contribution to the United Nations Sustainable Development Goals (SDGs). The company stands out in minimizing the environmental impact of its operations and in developing
safe and sustainable products. 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 consumption, and water usage.
ESG Strategies for Emission Reduction and Sustainable Consumption
Innospec is committed to using resources efficiently, promoting sustainable consumption through initiatives in its factories to lower GHG emissions related to energy use, water, and waste generation. Rodrigo Freitas, Technical Specialist at Innospec, emphasizes the company’s focus on optimizing engine operations, improving efficiency, and contributing to emission reduction while addressing the technical challenges associated with incorporating renewable fuels.
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Offshore industrial demand in Macaé skyrockets with the recovery of oil and gas and could grow by up to 396% by 2026 in the Campos Basin.
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Offshore industrial demand in Macaé surges with the recovery of oil and gas and could grow by up to 396% by 2026 in the Campos Basin.
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Renewable energy advances over protected areas in Brazil, and a survey by the Energy Transition Observatory reveals silent impacts that challenge environmental conservation and pressure sensitive traditional territories.
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The Economist states that Brazil has a “secret weapon” against expensive oil and highlights how the country can reduce economic impacts even in international scenarios of high volatility.
Innospec’s Environmental Performance: Energy, Water, and Waste
Innospec monitors its performance in four main areas: renewable energy, GHG emission reduction, responsible water management, and sustainable waste generation. In 2022, 12 manufacturing units secured 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 been able to reduce water consumption by 53% since 2006 and prioritizes prevention, recycling, and waste reuse.
International Recognition and Future Perspectives
For the third consecutive time, Innospec received the ‘Gold Medal’ from EcoVadis, positioning itself among the top 7% of companies evaluated in the sector globally. EcoVadis is a Corporate Social Responsibility platform that independently assesses companies’ sustainability performance based on their
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 Chemicals
Innospec is a global company, a leader in specialty chemicals, dedicated to providing innovative solutions that enhance engine efficiency and reduce environmental impact. With a strong presence in renewable fuels, the company ensures efficiency and stability for its applications. From its headquarters in Englewood, Colorado, to its operations in 22 countries, Innospec manufactures and supplies a wide 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.
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