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Could we see a significant change regarding the number of sustainability reports produced in the future and how could companies be supported? Brand image and strategy, company ethos and value, regulation or legislation, customer pressure and leadership were identified as the key drivers for implementing a sustainability strategy. In terms of the three countries with the highest number of respondents, societal pressure is higher in Germany than in the UK and US. The importance of legislation is also rated higher in Germany than in the US and UK, perhaps reflecting on the strength or importance of European Union regulations and directives.


What is the impact of the results? The UEIL Sustainability Committee would like to express its gratitude to the 189 companies that participated in the UEIL Sustainability Survey. Their input is invaluable in enabling UEIL to target its resources to best serve its members in their sustainability journeys.


UEIL’s two environmental working groups - Carbon Footprint and Energy Efficiency - are working on establishing a harmonised method and guidelines for the calculation of carbon footprint and life cycle assessment.


What are respondents’ concerns about implementing a sustainability strategy in their companies?


The most common concerns about implementing a sustainability strategy were the lack of standard methods for carbon footprint calculation (96), financial constraints and lack of human resources (88), lack of information from suppliers (86), as well as unclear regulations (62). By contrast, respondents have the least concerns about resistance from employees or no management support with only a few respondents choosing these answers.


More than 90% of respondents agree that the importance of sustainability will increase in the next five years.


Encouragingly, there is a clear willingness within the lubricants industry to collaborate to help organisations in their sustainability strategy development and sustainability reporting, with 36 of 73 companies volunteering to share their sustainability reports through the UEIL website and 38 companies willing to share their sustainability journey as best practice examples.


The Society & Economy and the Communications Working Groups are working on identifying sustainability reporting standards and raising public knowledge on sustainability and its integral part in the lubricants industry.


The survey results will feed directly into the objectives of the Sustainability Committee to provide guidance to define, develop and measure sustainability in the European lubricants industry and to address misconceptions on the industry’s sustainability capacities, and to enable it to take part in the ongoing discussions on sustainability at EU and international levels.


LINK www.ueil.org/ueil-sustainability-survey- 2021-results/


LUBE MAGAZINE NO.165 OCTOBER 2021


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