Castrol’s PATH360 strategy aims to help deliver a more sustainable future:
To achieve the Paris climate goals, the world will need improvements in end use energy efficiency. In one estimate these improvements can provide almost 40% of greenhouse gas (GHG) emissions reductions requiredi. Today, around a quarter of the world’s energy is lost to friction, corrosion and wear.ii
Ever since Castrol was born, it has been dedicated to delivering products that help save energy by fighting friction, reducing corrosion and minimising wear; delivering high-performance with increased efficiency.
To develop the PATH360 strategy, in 2020 Castrol conducted its first assessment of its greenhouse gas inventory in line with the GHG Protocol covering scopes 1, 2 and 3. Castrol has identified key enablers for improvement and carbon reduction across its products’ life-cycles.
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, sourcing lower carbon raw materials, reducing packaging and working with its partners to influence what happens to products after customer use.
"Our approach is 360-degree, holistic, whole-system thinking. We’re not starting from scratch with PATH360, it builds upon work we’ve been doing for years, pulling it all together into one integrated sustainability programme. "
In 2014, Castrol became the first brand in the world to offer a certified carbon neutral lubricant, Castrol PROFESSIONAL, in accordance with PAS2060vii. Ever since, Castrol has continued to expand its carbon neutral offer across cars, commercial vehicles and wind turbines.
Under Castrol’s PATH360 sustainability strategy, Castrol plans to increase its carbon neutral offer, including a lead brand across each of the automotive, industrial, marine and energy sectorsviii, as well as all products sold by Castrol in Australia, New Zealand, and Vietnamix in 2021x.
To fulfil its carbon neutral programme, Castrol buys carbon credits from bp Target Neutral which supports and contributes to 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 peoplexi through better health, decent work, training and gender equality.
Castrol’s senior vice president, Mandhir Singh, said:
"Our approach is 360-degree, holistic, whole-system thinking. We’re not starting from scratch with PATH360, it 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.”
More widely than Castrol, bp has set out a series of greenhouse gas emission reduction aims for 2030 in support of its ambition to be a net zero company by 2050 or sooner and to help the world get to net zero. bp does not intend to rely on offsets to meet these 2030 aims.
Castrol, one of the world’s leading lubricant brands, has a proud heritage of innovation and fuelling the dreams of pioneers. Our passion for performance, combined with a philosophy of working in partnership, has enabled Castrol to develop lubricants and greases that have been at the heart of numerous technological feats on land, air, sea and space for over 100 years.
Today, we are driving sustainability and the transition to lower carbon to shape the next 100 years.
Castrol is part of the BP group and serves customers and consumers in the automotive, marine, industrial and energy sectors. Our branded products are recognized globally for innovation and high performance through our commitment to premium quality and cutting-edge technology.
To find out more about Castrol please visit www.castrol.com
PATH360 is Castrol's holistic path to create a more sustainable future, and help reach net zero by 2050 or sooner
Register for updates from bp – simply choose the areas that interest you or subscribe to all