- Soft global demand for petrochemicals.
- Capacity additions in petrochemical markets.
- Economic uncertainty impacting margins.
LyondellBasell Industries N.V.
Greenhouse gas emissions & sustainability report data
Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022 | 120 million metric tons (2020 baseline) |
| 2019 | 22.9 million metric tons of CO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced scope 1 and scope 2 greenhouse gas (GHG) emissions by more than 3 million metric tons annually (due to refinery closure)
- Reduced scope 3 GHG emissions by approximately 40 million metric tons annually (due to refinery closure)
- Reached nearly 90% of the 2030 target to secure at least half of global electricity from renewable sources, reducing scope 2 GHG emissions by more than 1.3 million metric tons.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Generate up to $1 billion in recurring annual EBITDA by the end of 2025.
📅 Medium-term
- Lower scope 1 and 2 GHG emissions by 42% by 2030 (relative to 2020 baseline).
- Lower scope 3 GHG emissions by 30% by 2030 (relative to 2020 baseline).
- Produce and market at least 2 million metric tons of recycled and renewable-based polymers annually by 2030.
🔭 Long-term
- Reach net zero scope 1 and 2 GHG emissions from global operations by 2050.
🌱 ESG Focus Areas
Climate ChangeCircular EconomyWorkforce Diversity & Inclusion