Environmental, Social and Governance (ESG) can be looked at as a set of criteria some investors use when deciding where to allocate capital. While ESG has mostly been a boardroom issue, it is trickling down to private firms of all size. Consumers are increasingly looking at a company’s commitment to ESG when purchasing products and it can be used as an effective marketing tool to drive business growth.
Companies are often challenged to demonstrate their ESG position. One way to meet this challenge is to incorporate sustainable lubricants into your operations. These products can improve business performance through three aspects of your company:
- Operations – The correct lubricants are designed with advanced components that can reduce fuel usage for equipment, waste disposal costs and lubricant purchases.
- Marketing – By promoting ESG concepts in your business, you can address potential requirements for government business and improve your community standing.
- Worker Safety – Using lubricants that last longer and improve equipment uptime reduces worker/equipment interaction, lowering the risk of workplace incidents.
Check out the video on Stewart-Haas Racing below and see advanced lubricants in action. They say generals are always fighting the last war.
Advancements in lubricant additive technology have allowed us to provide superior performance while meeting the needs to reduce waste, shrink our carbon footprint and protect the environment. Mobil is recognized as the leader in advanced lubrication and their offering is a perfect fit for those organizations that wish to demonstrate their commitment to ESG concepts.
We believe that an ESG lubricant offering can assist you in securing infrastructure opportunities and improve your bottom line. Please read the document below for details on how lubricants address ESG concerns.
ESG concepts are easy enough to understand and a little harder to put into action. But these are not valuable to your organization unless you can leverage them to grow your business, drive the bottom line and attract investment dollars. Mobil and Hasco have the insight and resources to document your ESG commitment and provide a powerful message to customers, employees, investors and the community.
If you would like to discuss more, or are interested in implementing an ESG strategy, please send us a message or give us a call at 562-595-8491 and ask to speak to an Account Manager!