Lyondellbasell Sustainability Profile
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 60 is higher than 76% 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 figure includes 15,000,000,000 kg CO2e from Scope 1 emissions, 7,100,000,000 kg CO2e from Scope 2 emissions (market-based), and a significant 111,700,000,000 kg CO2e from Scope 3 emissions. The company has set ambitious targets to reduce its carbon footprint, aiming for a 42% absolute reduction in Scope 1 and Scope 2 emissions by 2030, relative to a 2020 baseline. Additionally, LyondellBasell has committed to a 30% reduction in Scope 3 emissions by the same year, in line with the Science Based Targets Initiative (SBTi) guidelines. LyondellBasell's long-term goal is to achieve net zero GHG emissions from its global operations (Scope 1 and Scope 2) by 2050. The company has initiated a Carbon Reduction Program (CRP) to identify and mitigate emissions from its most energy-intensive manufacturing sites, reinforcing its commitment to sustainability and climate action. The latest data reflects a proactive approach to addressing climate change, with a focus on both immediate and long-term emissions reduction strategies.
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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 | 00,000,000,000 | 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 | 0,000,000,000 |
| Scope 3 | - | - | - | - | - | - | 000,000,000,000 | 00,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
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Lyondellbasell's Scope 3 Categories Breakdown
Lyondellbasell's Scope 3 emissions, which increased by 5% last year and increased by approximately 11% since 2020, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 48% of Scope 3 emissions.
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Lyondellbasell's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Lyondellbasell has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Lyondellbasell's sustainability data and climate commitments