How can we invest responsibly to reduce carbon emissions from operations? How can companies balance the immediate obligations to the balance sheet, with the responsibility to reduce operational carbon emissions?
It’s a universal tension that A recent study of global CEOs put into sharp focus. While 99% believe sustainability will be important to future success, 55% admit pressure to operate with extreme cost-consciousness against investing in longer-term strategy is a trade-off1.
Putting planet and profit need not be mutually exclusive.
But where and how to begin?
From regulations to customer demands, and employee activism to industry targets. The pressure to find time, expertise and budget to implement sustainable operations can be overwhelming. Tapping into partners with expertise can help unlock a route map.
There are four key areas that we believe business leaders should be looking to prioritise as part of their sustainability efforts:
Understanding that lubricants are biodegradable gives industry leaders peace of mind that the materials they’re using are less hazardous for the environment and their employees. Innovation in biodegradable lubricants is translating to high-performing products suitable for use in environmentally sensitive areas.
- Post-consumer products
Products that have already been used in the market and repurposed for industry needs are a compelling selling point for sustainability. Unlock the potential of utilising post-consumer waste from your industrial processes.
- CO2 reduction
Reducing carbon footprint has become a top priority for industry. Increasing the efficiency of operations not only cuts emissions, it has a positive impact on performance as well.
- Waste management
An effective waste management strategy can lift businesses over both an operational and economic hurdle. The case for waste management is also becoming stronger as stricter regulation is introduced around the world.
These all hold potential to reduce environmental impact in industrial settings, while at the same time increasing operational efficiency and protecting bottom lines.
1 The United Nations Global Compact — Accenture Strategy CEO Study on Sustainability, 2019
We believe there are four key areas to prioritise as part of sustainability efforts: waste management, CO₂ reduction, post-consumer products, and biodegradables.
More about Shell Lubricants
Shell Naturelle biodegradable lubricants protect customers’ equipment and the sensitive ecosystems in which they operate.
Explore our high-quality lubricants and expert lubrication services designed to help create sustainable value for businesses.
More about Sustainability at Shell
Learn more about what sustainability at Shell means – providing more and cleaner energy solutions for people in a responsible way.