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's GHG Emissions Data Preview

In 2024, LyondellBasell Industries completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

LyondellBasell Industries has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind LyondellBasell Industries’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore LyondellBasell Industries’s data sources below and access millions more through our Disclosure Search.

a. LyondellBasell Industries's Sustainability Report 2024
a. LyondellBasell Industries's Sustainability Report 2024

Insights into LyondellBasell Industries's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of LyondellBasell Industries amounted to 22,200,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of LyondellBasell Industries decreased by 1.33%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

LyondellBasell Industries's Scope 1 Emissions Over Time

2020202120222023202404.5 M9 M13.5 M18 MtCO2e+4%-10%+5%-3%
  • Total Scope 1
  • Year-over-Year Change

What are LyondellBasell Industries's Scope 1 emissions?

In 2024, the total Scope 1 emissions of LyondellBasell Industries were 15,000,000 metric tons of CO₂ equivalent (tCO₂e). a

Has LyondellBasell Industries reduced its Scope 1 emissions over time?

Since 2020, LyondellBasell Industries's Scope 1 emissions have decreased by 3.85%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), LyondellBasell Industries's Scope 1 emissions decreased by 2.6%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are LyondellBasell Industries's Scope 2 emissions?

In 2024, LyondellBasell Industries reported Scope 2 greenhouse gas (GHG) emissions of 7,100,000 tCO₂e using the market-based method and 7,200,000 tCO₂e using the location-based method. a

Has LyondellBasell Industries reduced its Scope 2 emissions over time?

Since 2020, LyondellBasell Industries's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have remained relatively stable, indicating that LyondellBasell Industries 's emissions have plateaued with no significant change in its energy consumption footprint. a

Compared to the previous year (2023), LyondellBasell Industries's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that LyondellBasell Industries 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does LyondellBasell Industries use for Scope 2 reporting?

In 2024, LyondellBasell Industries reported its Scope 2 emissions using the market-based method and using the location-based method. a

LyondellBasell Industries's Scope 2 Emissions Over Time

2020202120222023202402 M4 M6 M8 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into LyondellBasell Industries's Value Chain Emissions

In 2024, LyondellBasell Industries reported 111,700,000 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of LyondellBasell Industries includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

LyondellBasell Industries's Scope 3 Emissions Over Time

20202021202220232024030 M60 M90 M120 MtCO2e+1%+4%0%+5%
  • Total Scope 3
  • Year-over-Year Change

What are LyondellBasell Industries's Scope 3 emissions?

In 2024, LyondellBasell Industries reported total Scope 3 emissions of 111,700,000 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 33.09% of these emissions originated from upstream activities such as purchased goods and capital goods, while 66.91% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has LyondellBasell Industries reduced its Scope 3 emissions over time?

Since 2020, LyondellBasell Industries's Scope 3 emissions have increased by 10.59%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), LyondellBasell Industries's Scope 3 emissions remained relatively stable, indicating that LyondellBasell Industries 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does LyondellBasell Industries disclose?

In 2024, LyondellBasell Industries reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of LyondellBasell Industries's Scope 3 emissions?

In 2024, the largest contributors to LyondellBasell Industries's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 53,300,000 tCO₂e (48.45%)
  • Purchased Goods and Services (Cat. 1): 33,100,000 tCO₂e (30.09%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 16,100,000 tCO₂e (14.64%)

LyondellBasell Industries's Scope 3 Emissions by Categories

End-of-LifeTreatment of SoldProducts (Cat. 12)(14.6%)Use of Sold Products(Cat. 11)(48.5%)Purchased Goods andServices (Cat. 1)(30.1%)

Insights into LyondellBasell Industries’s GHG Emissions Intensity Compared to Industry Peers

In 2024, LyondellBasell Industries reported Scope 1 greenhouse gas (GHG) emissions of 15,000,000 tCO₂e and total revenues of USD 40,302 millions. This translates into an emissions intensity of 372.19 tCO₂e per millions USD. a

LyondellBasell Industries's Scope 1 Emissions Intensity Compared to Peers

50020,000500,00010,000,000200,000,000Scope 1 Emissions (tCO2e)1005005,00020,000100,000Revenues (Millions of USD)CWanhua Chemical GroupYear: 2024Scope 1: 21,610,000 tCO2eRevenue: $M 24,947Scope 1 Intensity: 866.22 tCO2e/$MSikaYear: 2024Scope 1: 168,946 tCO2eRevenue: $M 12,990Scope 1 Intensity: 13.01 tCO2e/$MVictrexYear: 2024Scope 1: 18,085 tCO2eRevenue: $M 396Scope 1 Intensity: 45.62 tCO2e/$MCroda InternationalYear: 2024Scope 1: 95,931 tCO2eRevenue: $M 2,043Scope 1 Intensity: 46.95 tCO2e/$MElement SolutionsYear: 2024Scope 1: 11,115 tCO2eRevenue: $M 2,457Scope 1 Intensity: 4.52 tCO2e/$MBerger Paints IndiaYear: 2025Scope 1: 22,232 tCO2eRevenue: $M 1,341Scope 1 Intensity: 16.58 tCO2e/$MBrenntagYear: 2024Scope 1: 185,546 tCO2eRevenue: $M 16,897Scope 1 Intensity: 10.98 tCO2e/$MTinci MaterialsYear: 2024Scope 1: 89,298 tCO2eRevenue: $M 1,715Scope 1 Intensity: 52.06 tCO2e/$MCovestroYear: 2024Scope 1: 1,010,000 tCO2eRevenue: $M 14,755Scope 1 Intensity: 68.45 tCO2e/$MSasolYear: 2025Scope 1: 49,415,880 tCO2eRevenue: $M 14,074Scope 1 Intensity: 3,511.12 tCO2e/$MEastman ChemicalYear: 2023Scope 1: 5,526,585 tCO2eRevenue: $M 9,210Scope 1 Intensity: 600.06 tCO2e/$MFormosa PlasticsYear: 2024Scope 1: 3,454,675 tCO2eRevenue: $M 6,106Scope 1 Intensity: 565.76 tCO2e/$MAkzo NobelYear: 2024Scope 1: 57,645 tCO2eRevenue: $M 11,146Scope 1 Intensity: 5.17 tCO2e/$MCNGR Advanced MaterialYear: 2023Scope 1: 161,121 tCO2eRevenue: $M 4,822Scope 1 Intensity: 33.41 tCO2e/$MCCChina Rare Earth Resources and TechnologyYear: 2023Scope 1: 5,931 tCO2eRevenue: $M 561Scope 1 Intensity: 10.57 tCO2e/$MMitsubishi Chemical GroupYear: 2023Scope 1: 6,727,000 tCO2eRevenue: $M 34,794Scope 1 Intensity: 193.34 tCO2e/$MShenzhen Capchem TechnologyYear: 2024Scope 1: 67,378 tCO2eRevenue: $M 1,075Scope 1 Intensity: 62.67 tCO2e/$MEssentraYear: 2024Scope 1: 2,783 tCO2eRevenue: $M 379Scope 1 Intensity: 7.33 tCO2e/$MLindeYear: 2024Scope 1: 16,470,000 tCO2eRevenue: $M 33,005Scope 1 Intensity: 499.02 tCO2e/$MJohnson MattheyYear: 2025Scope 1: 225,330 tCO2eRevenue: $M 15,104Scope 1 Intensity: 14.92 tCO2e/$MEms Chemie HoldingYear: 2024Scope 1: 22,000 tCO2eRevenue: $M 2,287Scope 1 Intensity: 9.62 tCO2e/$MAsian PaintsYear: 2025Scope 1: 87,435 tCO2eRevenue: $M 3,958Scope 1 Intensity: 22.09 tCO2e/$MNovozymesYear: 2024Scope 1: 93,549 tCO2eRevenue: $M 29,774Scope 1 Intensity: 3.14 tCO2e/$MDSM-FirmenichYear: 2024Scope 1: 594,400 tCO2eRevenue: $M 13,319Scope 1 Intensity: 44.63 tCO2e/$MLyondellBasell IndustriesYear: 2024Scope 1: 15,000,000 tCO2eRevenue: $M 40,302Scope 1 Intensity: 372.19 tCO2e/$M

How does LyondellBasell Industries's GHG emissions intensity compare to its peers?

In 2024, LyondellBasell Industries reported a Scope 1 emissions intensity of 372.19 tCO₂e per millions USD. Compared to the peer group median of 39.02 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does LyondellBasell Industries rank on GHG emissions intensity within its industry?

In 2024, LyondellBasell Industries ranked 20 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places LyondellBasell Industries among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into LyondellBasell Industries's Total Carbon Footprint

In 2024, LyondellBasell Industries reported a total carbon footprint of 133,900,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.8% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to LyondellBasell Industries's total carbon footprint was Scope 3 emissions, accounting for 83.42% of the company's total carbon footprint, followed by Scope 1 emissions at 11.2%. a

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