ESG Sustainability
Sustainability, greenhouse gases (GHG), emissions, and carbon neutral are all terms that are in the news these days but are they really relevant in your business? Sure, we all want to be environmentally friendly and socially responsible as long as it doesn’t negatively impact your company financially. All of these initiatives cost money and time, but will it improve things and bring you more business? Well, actually with the upcoming changes by the EPA put upon large companies and OEM’s – the answer is ‘Yes’ it very well could give you a big competitive advantage. Sustainability improvements are almost always a cost savings, too.
There are 3 scopes of GHG emissions gathered inside the ESG report:
- Scope 1 – emissions that are direct from the owned or controlled sources (those you emit because of your processes)
- Scope 2 – emissions that are indirect from the generation of purchased energy (your power consumption)
- Scope 3 – emissions that are all indirect (not in Scope 2) that occur in value chain of the reporting company, including upstream and downstream emissions (your supplier’s emissions) and account for 65% to 95% of the reporting company’s emissions
The proper use of lubrication can affect all 3 Scopes and can show quick and effective improvements to your ESG reporting.
Thorough and precise blending of a stable, homogeneous lube mixture sets the foundation for an effective sustainable lubrication management solution. Proportional mixing machines are a productive and constant means of creating a uniform formula, and even the manner to stir the mix is important as too much agitation can degrade the die lubricant.
The emission of excess gases (Scope 1) can be a direct result of using the incorrect lubricant, an improper dilution ratio, excessively applied volume or inaccurate lubricant location that all ends up burning off into the atmosphere or being hauled away as waste.
Proper application of lubricants is absolutely essential to realizing its benefits more than any other aspect of lubrication management. Where and how much lubricant being applied can substantially reduce your overall consumption and lower your carbon footprint. Pin-pointing the location of lube and volume control is essential to prevent overuse, proper press functionality, and minimizing overall usage and costs.
Sustainability comes full circle when the recycling of fluids is achieved. Reclaiming oils instead of disposing just makes environmental and economic sense. Our RECLAIM-PRO™ fluid purification systems, suited for hydrocarbon or vegetable oils, are known for reducing lubrication requirements by as much as 70% while also decreasing machine downtime.