Additive company Infineum releases first sustainability report
Infineum, a leading global producer of additives for fuels and lubricants based in the United Kingdom, has released its first corporate sustainability report.
Infineum is a specialty chemicals company whose purpose is to create a sustainable future through innovative chemistry and this report is an important milestone for the organisation. It has been developed in accordance with the Global Reporting Initiative (GRI) Standards and includes the company’s sustainability agenda, targets, and path to creating a more sustainable future. It also sets out some of the progress already made and details Infineum’s sustainability goals and targets for 2025.
These new ambitions build on many years of activity to improve environmental and social performance. By providing the public with Infineum’s 2025 targets, the report brings clarity to the company’s ambitions on many fronts, including HSE, product development, supply chains, operations, colleagues and community.
Infineum is the 50-50 additives joint venture between two global energy companies, ExxonMobil and Shell.
“The world is changing quickly. The pace of change has never been as fast as it is today, yet will never be this slow again. We must all embrace sustainability in order to maintain our quality of life as human beings, to retain the diversity of life on earth and to enable the earth’s ecosystems to thrive. Innovative chemistry has a vital role to play in this and, in our particular industry, we must provide the products needed on the journey towards the electrification of mobility while at the same time helping to make the internal combustion engine as clean as it can be,” said Trevor Russell, Infineum CEO.
“I have a vision of Infineum being an organisation that markets innovative products to solve the sustainability challenges of the world. This report begins to outline how we are making that vision a reality and I am incredibly proud to be publishing this on Earth Day [April 22],” said Maurizio Abbondanza, Infineum Technology & Sustainability director.
To read Infineum’s 2020 Sustainability Report, please visit http://www.infineum.com/sustainability