Castrol is helping the industry to drive a more sustainable future with its recently announced PATH360 strategy.
The strategy sets out aims for 2030 to save waste, reduce carbon and improve lives, not just in Australia and New Zealand, but on a global basis. “Customers in the mining and CVO sectors are committed to reducing their carbon emissions,” said Jane Carland, General Manager, Castrol Australia and New Zealand, “and we are aiming to be an important partner in working together to help them achieve their goals and our target is to halve the net carbon intensity of our products by 2030.”
Castrol became a pioneer in carbon neutral lubricants when the premium Castrol VECTON range of diesel engine oils became the first to be certified as carbon neutral in Australia and New Zealand. In 2021, all Castrol products we sell in Australia and New Zealand will be committed to carbon neutrality in accordance with PAS 2060. That includes Castrol’s traditional market leading product ranges, such as Castrol RX.
Jotika Prasad, Castrol Marketing Director, Australia and New Zealand commented, “As well as committing to offer our carbon neutral products to our customers, we are aiming to halve our global use of virgin plastic packaging from our 2019 baseline. As part of our PATH360 strategy, we’ve adopted the circular thinking approach, which means we’re looking at the life-cycle of our existing and new products, to see how they can be improved, extended, reused or recycled. We’re also supporting new and growing sectors, like renewable energy and e-mobility with products and services.”
CASTROL’S 120 YEAR FIGHT AGAINST FRICTION, CORROSION AND WEAR
The world will need improvements in end use energy efficiency. In one estimate, these improvements can provide almost 40 per cent of greenhouse gas (GHG) emissions reductions required (as per Energy Technologies Perspectives 2020 IEA Page 73).
How can these improvements be made? Jotika Prasad, Marketing Director, Castrol Australia and New Zealand said that around a quarter of the world’s energy was believed to be lost to friction, corrosion and wear as per study by Kenneth Holmberg and Ali Erdemir. “From the company’s earliest days, we have been dedicated to delivering high performance products tha help save energy by fighting exactly these problems. With new science and technology, we are well placed to remain at the forefront of development.”
REDUCING PRODUCT LIFE-CYCLE CARBON EMISSIONS
Castrol aims to deliver high performance with lower life-cycle carbon by improving operational efficiency and exploring opportunities to transition to renewable energy. Castrol is also working with its suppliers and partners to source lower carbon raw materials, reduce packaging,and influence what happens to products after customer use.
For example, three of Castrol’s plants globally moved to renewable electricity in 2020. At the same time, the company has developed new light-weight bottle designs which use less plastic, saving on a global basis 7,000 tonnes per year by 2023. The new packaging has also been designed for optimised distribution efficiency.
AIMING TO BE A LEADER
To help fulfil its carbon neutral programme, Castrol buys carbon credits from bp Target Neutral which supports a portfolio of carbon reduction, avoidance and removal projects around the world. These projects have additional benefits that support the UN Sustainable Development Goals, improving the lives of millions of people through better health, decent work, training and gender equality.
WIND ENERGY IN CHINA
These include support for projects such as the Zhaoyuan Zhangxing wind energy scheme in China, located on China’s eastern coast. Traditionally, electricity in China’s Shandong Province has been supplied by fossil fuel-fired power plants, mainly relying on shale oil and coal. The project’s wind turbines harness strong prevailing coastal winds to generate clean, renewable electricity. Both carbon emissions and local air pollutants are reduced as electricity generated by fossil fuel-fired power plants is replaced with clean, renewable energy, which mitigates more than 180,000 tonnes of carbon dioxide are each year by replacing fossil fuel power.
LIGHTING HOMES IN INDIA
Another such project has supported investment in solar energy in India, through a large-scale project that hat not only reduces carbon but also helps provide reliable and cost-effective offgrid electricity for families and business. To date, 60,000 solar units have been distributed. By displacing the use of kerosene, the project has cut carbon emissions by 55,000 tonnes of CO2e per year. In addition, the project has also helped create more than 300 skilled jobs involved in sales, financing, installation, and maintenance services for the solar systems.
BUILDING ON ACHIEVEMENTS
Castrol’s Senior Vice President, Mandhir Singh, said: “PATH360 builds upon work we’ve been doing for years, pulling it all together into one integrated sustainability programme. We know that many of our customers are looking for more sustainable offers and help with their sustainability goals, and this is what this programme is designed to deliver.”
For more information visit www.castrol.com/cneutral