The Ordinary identifies the squalane in its reference product as plant-derived and sourced from sugarcane. That information applies to the linked formula and is not generalized to all products using the name. The product information helps distinguish identity from stated origin, without evaluating efficacy firsthand or inferring the suitability of a routine from a single ingredient.
Olfactory descriptions are not equivalent to an ingredient list. The properties of an ingredient do not automatically transfer to the finished product.