Lyondellbasell
LyondellBasell Industries N.V., commonly referred to as LyondellBasell, is a leading global player in the chemical and plastics industry, headquartered in the Netherlands. Founded in 2005, the company has rapidly established itself as a key provider of innovative solutions across various sectors, including packaging, automotive, and construction. With major operational regions spanning North America, Europe, and Asia, LyondellBasell is renowned for its production of polyolefins, advanced polymer products, and chemical intermediates. The company’s commitment to sustainability and innovation sets it apart, as it continually develops unique materials that enhance performance while reducing environmental impact. LyondellBasell's market position is bolstered by its extensive portfolio and strategic partnerships, making it a notable leader in the industry.
DitchCarbon Score
How does Lyondellbasell's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Chemicals industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Lyondellbasell's score of 72 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lyondellbasell's reported carbon emissions
In 2024, LyondellBasell reported total greenhouse gas emissions of approximately 132,000,000 kg CO2e, with Scope 1 emissions at about 15,000,000 kg CO2e, Scope 2 emissions at approximately 7,100,000 kg CO2e (market-based), and a staggering Scope 3 total of about 111,700,000,000 kg CO2e. This represents a significant portion of their overall emissions, highlighting the importance of addressing Scope 3 in their climate strategy. The company has set ambitious targets to reduce its greenhouse gas emissions. By 2030, LyondellBasell aims for a 42% absolute reduction in Scope 1 and Scope 2 emissions, relative to 2020 levels. This target has been increased from an earlier goal of 30%. Additionally, they have established a 30% reduction target for Scope 3 emissions by 2030, also relative to a 2020 baseline, in alignment with the Science Based Targets Initiative (SBTi). LyondellBasell is committed to achieving net zero emissions for Scope 1 and Scope 2 by 2050. This long-term goal underscores their dedication to sustainability and climate action. The company’s Carbon Reduction Program (CRP) focuses on identifying and mitigating emissions from their most energy-intensive manufacturing sites, further supporting their reduction initiatives. Overall, LyondellBasell's emissions data and climate commitments reflect a proactive approach to addressing climate change, with a clear focus on reducing their carbon footprint across all scopes of emissions.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 13,300,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000 |
| Scope 2 | 8,500,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000 |
| Scope 3 | - | - | - | - | - | - | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Lyondellbasell is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
