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FUCHS to be CO2-neutral globally by 2020

23.10.2019 - 04:11

Lubricants giant FUCHS has signalled its commitment to climate protection by announcing it will be completely CO2-neutral as early as next year.

FUCHS, which has its UK headquarters in Stoke-on-Trent, will be CO2-neutral globally by January 1 2020 – from energy consumption in production to consumables in administration.

In order to implement CO2-neutrality in just two months’ time, FUCHS will offset its CO2 emissions, which have not yet been avoided so far, with compensation measures.

This will be done by the company investing in high-quality climate protection projects aimed primarily at promoting renewable energies.

The projects are accredited, approved and monitored according to internationally recognised certification standards such as the Gold Standard, as well as by renowned organisations such as the United Nations (UN).

The validation of the project results with regard to the CO2 savings achieved is verified by independent testing bodies such as TÜV.

FUCHS’ commitment to environmental sustainability has already been seen in the UK in a number of ways.

The UK company has been trailblazing with the launch of its Lube Cube, which gives customers the option of buying its leading products in a recyclable cardboard box rather than a plastic container.

The change has resulted in an incredible saving of more than 660,000kg of plastic since the Lube Cube launched in 2012.

Furthermore, more than 2,000 solar panels have been installed at FUCHS’ base on New Century Street in Hanley, Stoke. The panels now produce 12 percent of the required energy for the entire plant.

Stefan Fuchs, Chairman of the Executive Board of FUCHS PETROLUB SE, said: “FUCHS’ CO2-neutrality strategy is embedded in our sustainability strategy, which we launched 10 years ago.

“In this way, we are taking responsibility for global climate protection and making an important contribution to achieving the goals of the UN climate protection agreement ratified in Paris in 2015.”

This agreement aims to limit global warming to well below two degrees Celsius compared with pre-industrial levels.

Mr Fuchs added: "When selecting projects, our focus is on climate protection projects that support economic, ecological and social development worldwide in regions with FUCHS locations.

“In this way we fulfil our global social responsibility in the sense of corporate citizenship. At the same time FUCHS also supports the 17 sustainable development goals of the UN to which the company has officially committed itself since 2018.”

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