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 62 is higher than 98% 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 2023, LyondellBasell reported total greenhouse gas emissions of approximately 127,200,000,000 kg CO2e, comprising 15,400,000,000 kg CO2e from Scope 1 and 7,000,000,000 kg CO2e from Scope 2 emissions. The company has set ambitious climate commitments, aiming for net zero greenhouse gas emissions across all operations by 2050. Additionally, LyondellBasell has increased its reduction targets, now aiming for a 42% reduction in absolute Scope 1 and 2 emissions by 2030, relative to a 2020 baseline, and a 30% reduction in absolute Scope 3 emissions by the same year. These targets align with the Science Based Targets Initiative (SBTi) guidelines, reflecting the company's commitment to addressing climate change and reducing its carbon footprint in the chemical industry.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 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 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 8,500,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| 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.
