GRI Standard | Description | Location/Disclosure |
---|---|---|
102-1 | Name of the organization | About Lubrizol, page 2 |
102-2 | Activities, brands, products, and services | About Lubrizol, page 2 |
102-3 | Location of headquarters | About Lubrizol, page 2 |
102-4 | Location of operations | About Lubrizol, pages 2-3 |
102-5 | Ownership and legal form | About Lubrizol, page 2 |
102-6 | Markets served | About Lubrizol, page 2 |
102-7 | Scale of the organization | About Lubrizol, pages 2-3 and Sustainability Scorecard |
102-8 | Information on employees and other workers |
Of our 8,499 total employees:
Also in the report: |
102-9 |
Supply chain |
Our global supply chain serves all Lubrizol business units. We work with our suppliers to create a supply chain that is built on shared responsibility and trust. We partner with our suppliers, especially our more than 100 Tier I suppliers, on a variety of activities including transportation and logistics, sustainable sourcing, business continuity and risk management. Supplier selection and engagement are highly dependent on legal and ethical conduct, reliability, and continuous improvement. Also in the report: |
102-10 | Significant changes to the organization and its supply chain |
During 2021 and 2022, several changes were made to our Senior Leadership team, including the departure of our former CEO and the appointment of Mary Rhinehart as interim President and CEO, effective March 11, 2022. In September 2022, we announced the appointment of Rebecca Liebert as Lubrizol's incoming President and CEO, effective October 3, 2022. Ms. Rhinehart remains Lubrizol's Advisory Board Chair. Lubrizol currently consists of two segments: Lubrizol Additives (LZA) and Lubrizol Advanced Materials (LZAM). During 2021, we dissolved our Corporate Ventures segment, and reassigned its innovation initiatives to the relevant business units. Like many global companies that support a variety of industries, Lubrizol continues to be impacted by global supply chain constraints, which are due in part to the ongoing and lingering effects of COVID-19. Also in the report |
102-11 | Precautionary Principle or approach | The Lubrizol Corporation is not currently a signatory to the UN Global Compact and we do not specifically apply the Precautionary Principle or approach as defined by the United Nations. However, we have a strong culture of reporting and transparency, and utilize a conservative, risk-based approach to any decision-making that relates to health, safety and environmental factors. We also aim to comply with all applicable standards and our company has signed on to the American Chemistry Council’s Responsible Care® Global Charter, which affirms our commitment to apply Responsible Care principles and expectations globally. All of these efforts give us a high degree of confidence that we are taking the appropriate precautions in protecting health, safety and the environment. |
102-12 | External initiatives |
Since 1953, Lubrizol has been a member of the leading U.S. chemical manufacturer trade association, currently known as the American Chemistry Council (and formerly known as the Manufacturing Chemist Association until 1978 and the Chemical Manufacturers Association until 2000). In 1988, Lubrizol was one of the cofounders of the association's Responsible Care® program, which is the industry's commitment to the health and safety of employees, the communities in which we operate and the environment as a whole. Lubrizol remains an active member of ACC and participant in the Responsible Care® program. Also in the report: |
102-13 | Membership of associations |
Representative list of associations in which Lubrizol is a member:
|
102-14 | Statement from senior decision-maker | Message From the CEO; Message From the CSO, pages 7-8 |
102-16 | Values, principles, standards, and norms of behavior | Lubrizol's Sustainability Journey, pages 4-5 Message From the CEO; Message From the CSO, pages 7-8 Environment, pages 9-15 Social, pages 16-25 Governance, pages 26-29 |
102-17 | Mechanism for advice and concerns about ethics |
Questions or concerns may be directed to the corporate ethics office at +1 440-347-5000. Questions or concerns can also be submitted through the Navex Global hotline. Navex Global is an independent firm that provides reporting services to Lubrizol.
|
102-18 | Governance structure |
Lubrizol's Executive Council serves as the highest decision making body and is comprised of the company's senior leaders. During 2021 and 2022, several changes were made to our Senior Leadership team, including the departure of our former CEO and the appointment of Mary Rhinehart as interim President and CEO, effective March 11, 2022. In September 2022, we announced the appointment of Rebecca Liebert as Lubrizol's incoming President and CEO, effective October 3, 2022. Ms. Rhinehart remains Lubrizol's Advisory Board Chair. Lubrizol's President and CEO, reports to the company's parent company, Berkshire Hathaway. Also in the report: |
102-20 | Executive-level responsibility for economic, environmental, and social topics | Elizabeth Grove, Chief Sustainability Officer and President of the Lubrizol Foundation Also in the report: Governance, pages 26-29 |
102-23 | Chair of the highest governance body |
Lubrizol's President and CEO chairs the Lubrizol Executive Council. Also in the report: |
102-31 | Review of economic, environmental, and social topics | Ongoing |
102-32 | Highest governance body's role in sustainability reporting | Lubrizol's Chief Sustainability Officer is responsible for oversight of the sustainability program and reporting. This role reports into the Senior Vice President Corporate Responsibility and Chief Legal Officer, who serves on the Executive Council. Also in the report: Governance, page 28 |
102-40 | List of stakeholder groups |
Employees, potential employees, customers, suppliers, partners, communities where we operate, nongovernmental organizations, parent company, regulators, policy makers, peers and industry associations. Also in the report: |
102-41 | Collective bargaining agreements | As of December 31, 2021, approximately 30% of our global workforce was covered by a collective bargaining agreement. |
102-42 | Identifying and selecting stakeholders |
Our sustainability materiality assessment, which included more than 30 internal and external stakeholder interviews, was conducted by a third party in 2018. Our assessment and review process included the following steps:
In 2019, 2020 and 2021, we continued to engage with stakeholders on sustainability-related topics, and further evaluate the significance and impact of our material topics. Also in the report: |
102-43 | Approach to stakeholder engagement |
Our approach to sustainability includes driving engagement with our stakeholders. This includes helping our customers meet their sustainability goals by continuing to provide innovative solutions that enhance performance and minimize environmental impact. In many of our locations, community outreach efforts revolve around first responders, in line with our commitment to ensure the safety of our facilities and our communities. Our facilities hold regular trainings, drills and plant tours with local fire departments and emergency responders. Additionally, a number of our facilities have established Community Advisory Panels (CAPs) to ensure a pipeline of feedback and opportunities for mutually beneficial engagement. For information on how we engage with our Employees, see pages 20- 22 in the report. For information on how we engage with our Communities, including our Global Goals/Local Actions community investment strategy, our Building Global Bonds day of service and the efforts of The Lubrizol Foundation, see pages 22-25 in the report. Also in the report: Lubrizol's Sustainability Journey, pages 4-5; Environment, page 9 |
102-44 | Key topics and concerns raised |
In 2021, our business and our people continued to face challenges related to COVID-19. We have remained focused on keeping our people and our communities safe. In 2022, we began bringing more employees safely back into the workplace while continuing to manage hybrid work arrangements. In addition, like many global companies that support a variety of industries, Lubrizol continues to be impacted by global supply chain constraints, which are due in part to the ongoing and lingering effects of COVID-19. During 2021 and continuing into 2022, we have made concerted efforts to drive continuous improvement in operational efficiency, cybersecurity and health and safety. Unfortunately, our facility in Rockton, Illinois, experienced a fire in June 2021. There were no injuries as a result, and the facility has been closed since the incident. Also in the report: |
102-45 | Entities included in the consolidated financial statements | Not applicable |
102-46 | Defining report content and topic Boundaries | Sustainability Disclosure Information, page 1 Lubrizol’s Sustainability Journey, pages 4-5 |
102-47 | List of material topics | Lubrizol’s Sustainability Journey, page 5 |
102-48 | Restatements of information | Not applicable |
102-49 | Changes in reporting | Given the changes in our Executive Leadership Team and a variety of challenges during the reporting period, we elected to produce this standalone sustainability report in 2022 - instead of a combined Company Report that we published for the previous two years. |
102-50 | Reporting period |
This report was issued in October 2022 and is primarily focused on activities that occurred in 2021 or ongoing activity from previous years, with updates from 2022 where indicated. Also in the report: |
102-51 | Date of most recent report |
Our previous report, a Company Report that includes a complete sustainability section, was published in April 2021. In addition, we update our sustainability data online annually in our Sustainability Scorecard. Also in the report: |
102-52 | Reporting cycle |
Annual Also in the report: |
102-53 | Contact point for questions regarding the report | |
102-54 | Claims of reporting in accordance with the GRI Standards |
The sustainability content in this report has been prepared in accordance with the Global Reporting Initiative (GRI) Standards: Core option. We have not sought external assurance for this report. Also in the report: |
102-55 | GRI content index |
Also in the report: |
102-56 | External assurance |
We have not sought external assurance for this report. Also in the report: |
GRI Standard | Description | Location/Disclosure |
---|---|---|
201-1 | Direct economic value generated and distributed | Social, pages 22-25 and Sustainability Scorecard |
205-2 | Communication and training about anti-corruption policies and procedures | Governance, pages 26-27, 29 |
GRI Standard | Description | Location/Disclosure |
---|---|---|
302-1 | Energy consumption within the organization | Sustainability Scorecard |
305-1 | Direct (Scope 1) GHG emissions | Sustainability Scorecard |
305-2 | Energy indirect (Scope 2) GHG emissions | Sustainability Scorecard |
306-2 | Waste by type and disposal method | Sustainability Scorecard |
GRI Standard | Description | Location/Disclosure |
---|---|---|
401-2 | Benefits provided to full-time employees that are not provided to temporary or part-time employees | benefits.lubrizol.com |
401-3 | Parental leave | https://benefits.lubrizol.com/Leave-Management/Parent-and-Family-Resources |
403-1 | Occupational health and safety management system | Social, pages 16-19 |
403-2 | Hazard identification, risk assessment, and incident investigation | Process Safety, page 16 Operational Safety, pages 16-19 Product Health and Safety, page 19 Information Security and Data Privacy, page 27 |
403-5 | Worker training on occupational health and safety | Operational Safety, pages 16-19 |
403-9 | Work-related injuries | Sustainability Scorecard |
404-1 | Average hours of training per year per employee | Lubrizol tracks employee training hours using digital tools. In 2021, all employees globally received an average of about 17 hours of training. Employees in our chemical operations averaged approximately 23 hours of training. Of those 23 hours, approximately 15 hours were related to health, safety, environment and security. |
404-2 | Programs for upgrading employee skills and transition assistance programs | Social, pages 20-22 |
404-3 | Percentage of employees receiving regular performance and career development reviews | 100% of employees receive regular performance and career development reviews. |
405-1 | Diversity of governance bodies and employees |
As of the publication of this report, our Executive Leadership Team, including our CEO, is in transition. Currently, the Executive Leadership team is comprised of 6 men and 2 women. 25% of the Executive Leadership team is between the ages of 30 and 50, with the remaining members over age 50. Our employee base is made up of 70% men and 30% women. 11% of employees are under the age of 30, 54% are between the ages of 30 and 50, and 35% are older than 50. |
410-1 | Security personnel trained in human rights policies or procedures | 65% of security personnel have been trained in human rights policies or procedures. |
412-2 | Employee training on human rights policies or procedures | 96% of employees have received training on human rights policies or procedures. |
413-1 | Operations with local community engagement, impact assessments, and development programs | 100% of our manufacturing facilities have implemented local community engagement programs. |