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Description
In May, the American Petroleum Institute published the
Technical Report API TR 1533, titled Lubricants Life Cycle Assessment and
Carbon Footprinting – Methodology and Best Practice. The report is a
critical steppingstone in the harmonization of Life Cycle Assessment and Carbon
Footprint of Products methodology for lubricants and enables sustainability
information to be shared on a more level playing field. API TR 1533 was
drafted by a diverse set of stakeholders along the supply chain including base
oil producers, re-refiners, additive suppliers, and lubricant marketers.
Lubricants are essential for keeping the world moving and
machinery operating efficiently. With an increasing need to exchange
sustainability information along the supply chain, API TR 1533 provides
insights on terminology, recommendations on methodology, and guidance on data
collection. More specifically, API TR 1533 takes a life cycle or
cradle-to-grave view of lubricant products, while also allowing for partial
life cycle assessments. The report provides guidance for a more detailed
evaluation of the six stages of the lubricant life cycle: Raw Materials;
Production; Packaging; Logistics; In-Use and End-of-Life.
This presentation will provide a glimpse into API TR 1533
and its application to the lubricants supply chain.