LyondellBasell Industries NV
LyondellBasell Industries's Climate Target Data Preview
As of 2024, LyondellBasell Industries has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into LyondellBasell Industries ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2030 |
Absolute-based Target | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2030 |
This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into LyondellBasell Industries's Greenhouse Gas Emissions Pathways
As of 2024, LyondellBasell Industries has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.
Does LyondellBasell Industries have a target to reduce the emissions from its operations?
As of 2024, LyondellBasell Industries has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.
LyondellBasell Industries's most ambitious operational target is to reduce these emissions by 42% by 2030, compared to a baseline of 23,200,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.
As of 2024, LyondellBasell Industries is lagging behind on its operational emissions reduction target, having achieved 11.29% of the planned reduction.
LyondellBasell Industries's Operational (Scope 1+2) Emissions Pathway
Does LyondellBasell Industries have a target to reduce the emissions from its value chain?
As of 2024, LyondellBasell Industries has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 5 out of the 15 Scope 3 categories defined by the GHG Protocol.
LyondellBasell Industries's most ambitious value chain target is to reduce these emissions by 30% by 2030, compared to a baseline of 82,600,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.
Instead of reducing value chain emissions, LyondellBasell Industries has increased them, with 2024 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target.