A lubricant composition comprising an oil-soluble polyalkylene glycol; an ester compound selected from the group of natural esters and synthetic esters, and combinations thereof; and an additive mixture comprising an antioxidant and an anticorrosive, wherein the anticorrosive is selected from neutral alkali metal and alkaline earth metal salts of sulfonic acids, carboxylic acids, naphthoic acids, naphthenic acids, benzoic acids and phosphoric acids, and derivatives and combinations thereof.