Vision to value
Building on strong foundations
We are building on strong foundations of operational excellence and good governance, which ensure our business operates safely, reliably and responsibly. These foundations reduce risk, protect our people and environment, and reinforce trust with stakeholders. From our GoalZERO program to robust governance and upholding high ethical standards, we are continuously improving how we operate as a responsible global company.
Our ambitions
zero
incidents, injuries and accidents
zero
plastic pellet loss to the environment from our facilities
Unlocking change
We are unlocking change by focusing on the key drivers that help accelerate progress: our people, partnerships and investments. By empowering employees, engaging with our stakeholders and making disciplined, purposeful investments, we are strengthening capabilities, building trust and cultivating a value-driven mindset across our business.
Our ambitions
80%
of our key suppliers assessed using sustainability criteria by 2027
increase
Achieve at least 33% male senior leaders and at least 33% female senior leaders in global senior leadership roles by 2032.1
Pioneering transformative solutions
We are pioneering transformative solutions that extend the life of plastics, reduce reliance on fossil feedstocks and lower product carbon footprints. Drawing on our technical and commercial expertise, we help customers respond to evolving regulatory requirements and growing demand for circular and low-carbon materials, creating long-term value for our business and society.
Our ambitions
800,000t
recycled and renewable-based polymers produced and marketed annually by 2030²
net zero
greenhouse gas emissions from operations by 2050³
32%
absolute scope 1 and 2 greenhouse gas emissions reduction from operations by 20304
30%
absolute scope 3 greenhouse gas emissions reduction by 20304
50%
minimum of electricity procured from renewable sources by 20305
Governance and ethical compliance
LYB upholds high ethical standards and complies with all applicable laws and regulations. Our Code of Conduct embodies our commitment to conducting business ethically and responsibly. This commitment is reflected in our robust corporate governance policies, and it builds the trust and confidence we need to create long-term stakeholder value.
Everyday circularity
Our Circulen brand of recycled and renewable-based polymers offers complementary, innovative and sustainable solutions that meet the needs of our customers and contribute to their sustainability goals.
Our solutions help our customers develop more sustainable products, lower their carbon footprint and unlock the circular potential of plastics.
1 As a Dutch company, we are required to set ambitious goals for gender representation (both male and female) in senior management positions. In accordance with Dutch law, our aspirational goal is to have at least 33% of male senior leaders and at least 33% female senior leaders, globally, by 2032.
2 Production and marketing includes (i) joint venture production marketed by LYB plus our pro rata share of the remaining production produced and marketed by the joint venture, and (ii) production via third party tolling arrangements.
3 Our 2050 net zero goal includes scope 1 and 2 emissions.
4 Relative to a 2020 baseline.
5 Based on 2020 procured levels.
Note: LyondellBasell's stated goals, targets and ambitions, including with respect to climate and circularity, are not guarantees of future conduct or performance and are subject to numerous risks, uncertainties and other factors, many of which are outside of our control and could affect the cost, feasibility, and timeline of our progress. Many of our ambitions will be complex and challenging to achieve, we regularly evaluate them, and we may in our sole discretion change some of them for various reasons including market conditions.
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