Shell has announced that it will offer its customers in the power sector a portfolio of carbon-neutral lubricants.
The power industry is facing the challenge of meeting environmental standards, while simultaneously dealing with the new supply and demand and grid realities.
"We know our customers are looking for ways to reduce their net carbon footprint," said Carlos Maurer, Executive Vice President, Global Commercial at Shell. "And as the world's leading lubricants supplier we have an important role to play."
To support their customers' sustainability ambitions, Shell is offering a portfolio of carbon-neutral lubricants, the company said in a press release.
The company's biodegradable transformer oil is also a part of the carbon-neutral lubricants portfolio. The product is specifically designed to deliver peak performance in transformers under increasing pressure from growing electricity demand.
This represents a key milestone in Shell Lubricants' multi-year strategy to help customers manage their sustainability needs and its ambition to reduce the carbon intensity of its products by avoiding, reducing, and offsetting emissions.
Since 2016, the company has reduced the carbon intensity of its lubricant manufacturing by over 30%, and over 50% of the electricity used in its lubricant blending plants now comes from renewable sources.
Shell is also reducing packaging waste from lubricant products at scale by increasing the use of recycled materials and exploring more sustainable packaging solutions across its supply chains.
