25 May 2022
An industry standard is required for the lubricant sector to become more transparent and measure and analyse its carbon footprint in a clear way, Chevron technical product manager Mika Kettunen said.
The industry needs a standard, consistent way of measuring its carbon footprint, Infineum sustainability director Maurizio Abbondanza concurred.
Further, there is a need to establish some industry-wide framework agreement when it comes to sustainability, BASF sustainability director Geoff Mackey said.
Global consistency and standardisation of climate reporting and measurement is crucial, financial sector leaders and a UK government representative said earlier this month.
By Gabriella Twining
