Our Sustainability Approach

As one of the world’s largest producers of plastics and chemicals, our products are used by millions of people around the world, every day. We have the potential—and responsibility—to use this scale and reach to make a positive impact across our value chains.

That’s why we are working to deliver meaningful progress to address some of the world’s most pressing challenges such as helping end plastic waste in the environment, mitigating climate change and contributing to a thriving society for our employees, the communities where we operate and the people who depend on our products.

Ending Plastic Waste & Building a Circular Economy

Ending plastic waste in the environment is a critical issue of our time. There is no single solution to this challenge. We are focused on a combination of actions to achieve a circular economy for plastics.

Our Sustainability Goals

2 MMT+1
of recycled and renewable-based polymers will be produced and marketed annually by 2030
 
FOR EVERY $
we invest in venture funds that address the plastic waste challenge, we help catalyze another 5 dollars from co-investors
 
ZERO
plastic pellet loss to the environment from our facilities
 
1Milion metrics tons
2Our 2050 net zero goal includes scope 1 and 2 emissions
3Relative to a 2020 baseline  
4Based on 2020 procured levels

Taking Climate Action

We believe collective action and a sense of urgency are needed to address the global challenge of climate change. We are committed to the decarbonization of our global operations and delivering solutions that help advance a net zero economy.

 

NET ZERO
greenhouse gas emissions from operations by 20502
 
42%
absolute scope 1 and 2 greenhouse gas emissions reduction from operations by 20303
 
30%
absolute scope 3 greenhouse gas emission reduction 2030
 
50%
minimum of electricity procured from renewable sources by 20304

Supporting a Thriving Society

From ensuring a safe work environment to diversity, equity and inclusion in the workplace, making products that improve quality of life, and working to align our suppliers’ values with our own, we are committed to the betterment of society.

 

ZERO
incidents, injuries and accidents
 
ACHIEVE
gender parity in senior leadership globally by 2032
 
INCREASE
the number of people from underrepresented groups in U.S. senior leadership roles to reflect the general population ratio by 2032
 
ASSESS
a minimum of 70% of our key suppliers globally using sustainability criteria by 2025


Recognition and Awards

LyondellBasell was named to the FTSE4Good Index Series.

LyondellBasell was in the top 9% in our industry rated by EcoVadis.

LyondellBasell received a rating of AA for management of financially relevant ESG risks and opportunities.

LyondellBasell received a score of A- for our 2023 response to the Climate Change questionnaire and a B- for Water Security. 


Also in this section

Ending Plastic Waste: Building a Circular Economy

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Taking Climate Action

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Supporting a Thriving Society

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Reporting

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UN Sustainable Development Goals

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Public Policy & Political Engagement

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