Setting Sustainability Standards –


The idea of a ‘Triple-S-Initiative’ for the European Lubricants Industry


The general concept of sustainability grew out of a desire for industries and societies to reduce their generation of greenhouse gases and other environmental impacts, but it has come to also cover social and economic impacts. Sustainability in business has gained increasing traction in recent years and is also beginning to take shape for the lubricant industry in Europe.


FUCHS PETROLUB SE, the largest independent lubricant manufacturer globally, based in Mannheim, Germany, started its own sustainability management out of different reasons. “There were and are many external and internal drivers, asking for sustainability in these days,” Apu Gosalia, vice president of sustainability and global competitive intelligence at FUCHS, said in October 2016 at UEIL’s Annual Congress in Berlin. “From the customer and investor side, companies are more and more feeling the demand being sustainable in economic, ecological and social terms along the process and value chain of their businesses.”


16


LUBE MAGAZINE NO.138 APRIL 2017


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76