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FUCHS SCHMIERSTOFFE receives an award for resource efficiency

On October 18, 2017, our location in Mannheim has been awarded at the “Congress of Resource Efficiency and Circular Economy" (“Ressourceneffizienz- und Kreislaufwirtschaftskongress”) in Baden-Wuerttemberg for a remarkable energy and CO2 reduction measure.

By means of this project (German title: “Energetische und stoffliche Verwendung von Abfall-Kondensat – ein Beitrag zur Nachhaltigkeit“) FUCHS managed to create an example of excellence for process-related sustainability and resource efficiency in Baden-Wuerttemberg.

For the new test field building the attention was focused on its future sustainable operation, particularly on the energy balance. Through the utilization of high temperature condensate, which is a waste product of the neighboring production plant, for heating the new building and keeping an adjacent storage building frost free, about 18t CO2 can be saved annually. Its final use as feed water for the cooling tower and adiabatic air cooling reduces the need for demineralized water by 1.000 m³ per year.

The initiative “100 Companies for Resource Efficiency” (“100 Betriebe für Ressourceneffizienz”) demonstrates how resource efficiency can be implemented in a concrete way and highlights the related value. Our company representatives proudly received the award in October 2017 from Franz Untersteller, Minister of the Environment for the state of Baden-Wuerttemberg.

FUCHS wins the German Sustainability Award 2016

Out of more than 800 participating companies, FUCHS won the first place in its first application to achieve the German Sustainability Award in this year for the category “Germany’s most sustainable medium-sized company 2016.” The German Sustainability Award is the national prize, recognising outstanding achievements of sustainability in the economy, local communities and research and at the same time one of the most prestigious prizes of its kind in Europe. It is presented by the German Sustainability Award Foundation in cooperation with the German government, leading municipal associations, trade associations, civic organisations and scientific institutes. Annually since 2008, the award recognizes organisations, which combine economic success with social responsibility and environmental protection in an exemplary manner, use sustainable actions for further growth and thereby foster in a particular way the idea of a sustainable society. The award was presented in the context of a festive gala following the 9th German Sustainability Conference on November 25, 2016 in Düsseldorf with around 1,200 invited guests.

About the German Sustainability Award

The German Sustainability Award aims to promote sustainable development in Germany and to support the embedding of the principles of corporate social responsibility in public opinion in a better way. The award should demonstrate that sustainable action not only helps solving social and ecological problems on a global or local scale, but may also increase profitability and competitiveness. Awarding of the German Sustainability Award is based on an annual corporate competition. Eligible to participate are all companies, who produce and/or offer goods/services in Germany. Nominees and winners are selected in a multistage process by 12 experts from economy, politics, research and civil society.

About the FUCHS Award

According to the jury, FUCHS pushes forward sustainability in the lubricants industry as a pioneer. The jury decision for the FUCHS nomination reads as follows: “Numerous measures with measurable successes prove that also a lubricants manufacturer can incorporate sustainability along the value chain as well as in its own business model and is able to continuously improve its sustainability level. The German Sustainability Award jury encourages the company along this path as a role model for the industry and acknowledges the sustainability initiative of FUCHS PETROLUB SE in a not yet well known industry with the award in the category “Germany’s most sustainable medium-sized company 2016.”

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Economic, ecological and social activities in harmony

FUCHS sees sustainability as core element of sound corporate management. The Sustainability Guideline published in 2012 contains standards for responsible business practices and is considered as binding sustainability framework for the Group's global business operations. Based on this, FUCHS is committed to three central sustainability targets, which are operationalized by a comprehensive key performance indicator system and documented in the annual Sustainability Report.

Economic: Our goal is to increase company and shareholder value both reliably and continuously.

Ecological: We strive to protect the precious resources of soil, water and air.

Social: We take over responsibility toward our employees and society.

BASF Sustainability Business Community Meeting

10 May 2017





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