LyondellBasell Industries N.V., commonly referred to as LyondellBasell, is a leading global chemical company headquartered in Houston, Texas. Established in 2005, the company has rapidly grown to become a key player in the plastics, chemicals, and refining sectors, with significant operations across North America, Europe, and Asia. LyondellBasell is renowned for its innovative production of polyolefins, advanced polymer solutions, and chemical intermediates, which are essential in various applications, from packaging to automotive components. The company’s commitment to sustainability and circular economy initiatives sets it apart in the industry. With a strong market position, LyondellBasell has achieved notable milestones, including being one of the largest producers of polypropylene and polyethylene globally. Its focus on innovation and operational excellence continues to drive its success in the competitive chemical landscape.
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.
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.
Lyondellbasell's score of 46 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, LyondellBasell reported total greenhouse gas (GHG) emissions of approximately 22.3 million tonnes CO2e, comprising 15.4 million tonnes from Scope 1 and 7 million tonnes from Scope 2 emissions. The company has set ambitious climate commitments, aiming for a 42% reduction in Scope 1 and Scope 2 emissions by 2030, relative to a 2020 baseline. Additionally, LyondellBasell has established a target to reduce Scope 3 emissions by 30% by 2030, also based on the 2020 levels. The company remains committed to achieving net zero GHG emissions from its global operations by 2050, maintaining its focus on sustainability and compliance with the Science Based Targets Initiative (SBTi) guidelines. These initiatives reflect LyondellBasell's proactive approach to addressing climate change and reducing its carbon footprint across all scopes of emissions.
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Add to project2014 | 2015 | 2016 | 2017 | 2018 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|
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 |
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 |
Scope 3 | - | - | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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 committed to some reduction initiatives 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.