LyondellBasell Industries NV

Common Name
LyondellBasell Industries
Country
United Kingdom
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
20,000
Ticker
LYB
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
LyondellBasell Industries N.V. operates as a multinational chemical company, actively engaged in the production and sale of chemicals and polymers. Serving as one of the world's largest plastics, chem...

LyondellBasell Industries Energy Data Preview

In 2023, LyondellBasell Industries disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

LyondellBasell Industries also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, LyondellBasell Industries also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

However, LyondellBasell Industries did not provide a breakdown of its energy sources or generation technologies, limiting visibility into its energy mix and the role of renewables versus fossil fuels.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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This table provides a simplified preview of selected energy 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 Energy Renewability

In 2023, LyondellBasell Industries consumed a total of 380 million Gigajoules of energy across its operations. Of this total, 0.41% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 99.59% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

LyondellBasell Industries's Energy Renewability Rate

0%

How much of LyondellBasell Industries's energy consumed is renewable?

In 2023, LyondellBasell Industries consumed a total of 380 million Gigajoules of energy, of which 0.41% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that LyondellBasell Industries has considerable room to improve its energy sustainability strategy.

Are LyondellBasell Industries's energy practices becoming more sustainable?

Since 2020, LyondellBasell Industries's total energy consumption has remained relatively stable with no major changes reported over time.

Over the same period, the share of renewable energy in LyondellBasell Industries's consumption increased by 397.23%, including a 1,147.82% increase in 2023, showing consistent progress in clean energy adoption.

Overall, LyondellBasell Industries’s energy trends reveal a complex picture, with variations in total consumption and renewable sourcing. A closer examination of operational drivers and sourcing strategies is needed to fully assess the company’s environmental impact.

LyondellBasell Industries's Renewable vs Non-renewable Energy Over Time

420.97 M170.97 M79.03 M420.97 MGigajoules (GJ)2020202120222023100%100%100%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed
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