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 57 is higher than 77% 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 Industries N.V., headquartered in the Netherlands, reported total greenhouse gas emissions of approximately 132,000,000,000 kg CO2e. This includes 15,000,000,000 kg CO2e from Scope 1 emissions, 7,100,000,000 kg CO2e from Scope 2 (market-based), and a significant 111,700,000,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions breakdown reveals that the use of sold products accounts for about 53,300,000,000 kg CO2e, while purchased goods and services contribute approximately 33,100,000,000 kg CO2e. In 2023, the company reported total emissions of about 127,200,000,000 kg CO2e, with Scope 1 emissions at 15,400,000,000 kg CO2e and Scope 2 emissions (market-based) at 7,000,000,000 kg CO2e. The Scope 3 emissions for that year were approximately 106,500,000,000 kg CO2e. LyondellBasell has set ambitious climate commitments, aiming for a 42% absolute reduction in Scope 1 and Scope 2 GHG emissions by 2030, relative to a 2020 baseline. This target has been increased from an earlier goal of 30%. Additionally, the company has established a target to reduce Scope 3 emissions by 30% by 2030, also relative to a 2020 baseline, in alignment with the Science Based Targets Initiative (SBTi) guidelines. Furthermore, LyondellBasell aims to achieve net zero GHG emissions from its global operations (Scope 1 and Scope 2) by 2050. These commitments reflect LyondellBasell's proactive approach to addressing climate change and reducing its 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 | 00,000 | 00,000 | 00,000 | 00,000 | 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 | 0,000 | 0,000 | 0,000 | 0,000 | 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.
