Our Sustainability Approach
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.
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| 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 20303 |
| 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.
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| 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 B for our 2022 response to the Climate Change questionnaire and a B- for Water Security.
