Quantifying Sustainability

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.

Life cycle and carbon footprint assessment

In 2022, we recruited an internal Life Cycle Assessment (LCA) Officer and have now evaluated a number of key products and developed an internal methodology and signoff process.

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’

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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