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Life Cycle Assessment

Companies, including Innospec and our customers, want to better understand the impact our products are having on the climate. Assessing the life cycle and carbon footprint of our products provides the baseline needed to implement an effective sustainability and carbon reduction strategy.

Understanding the impact our products have on the environment is crucial for Innospec and our customers, in order to implement an effective sustainability and carbon reduction strategy. This impact can be measured through life cycle (LCA) and product carbon footprint (PCF) assessments.

Life cycle and carbon footprint assessment

Since 2022, Innospec has developed and implemented a program for the assessment of its products, including an internal methodology and signoff process. In 2023, we completed a number of PCFs across our Performance Chemicals and Fuel Specialties businesses.

At Innospec, we carry out ‘cradle-to-gate’ product carbon footprint assessments in house, meaning we consider the greenhouse gas emissions associated with everything from raw material extraction and transportation through the manufacturing process of our final products up to the Innospec gate. Our methodology for assessing a product’s life cycle and carbon footprint is in alignment with the following standards and guidelines:

  • ISO 14040 ‘Life Cycle Assessment – Principles and Framework’
  • ISO 14044 ‘Life Cycle Assessment – Requirements and Guidelines’
  • ISO 14067 ‘Greenhouse gases – Carbon footprint of products – Requirements and guidelines for quantification’
  • The TfS PCF Guideline for the Chemical Industry and the PACT Guidance for the Accounting and Exchange of Product Life Cycle Emissions.

Our PCF calculations are carried out internally by our internal LCA Engineer which enables us to have greater visibility and understanding at each level of the calculations.

“The ability to assess the life cycle or carbon footprint of our products is critical to our decarbonization strategies and those of our customers. We cannot mitigate what we do not measure, so these assessments allow us to make informed decisions on how best to limit our impact on the environment. This may be through changes to our products or the way we manufacture them. I am proud to play a part in this project. It’s an opportunity to really make a difference.”

Darcy Kelly, Life Cycle Assessment Officer

Applying This Methodology

We are currently applying this methodology to a prioritized list of products across our businesses and engaging with our suppliers to gather primary data for our calculations.

TfS PCF Guideline

Together for Sustainability Product Carbon Footprint Guideline for the Chemical Industry

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PACT Pathfinder Framework

Partnership for Carbon Transparency (PACT) Guidance for the Accounting and Exchange of Product Life Cycle Emissions

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