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 2023, 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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This table provides a simplified preview of selected GHG emissions 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 Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of LyondellBasell Industries amounted to 22,500,000 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of LyondellBasell Industries increased by 3.69%, suggesting that the company faced challenges in reducing its emissions from its core operations.

LyondellBasell Industries's Scope 1 Emissions Over Time

202020212022202304.5 M9 M13.5 M18 MtCO2e+4%-10%+5%
  • Total Scope 1
  • Year-over-Year Change

What are LyondellBasell Industries's Scope 1 emissions?

In 2023, the total Scope 1 emissions of LyondellBasell Industries were 15,400,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has LyondellBasell Industries reduced its Scope 1 emissions over time?

Since 2020, LyondellBasell Industries's Scope 1 emissions have decreased by 1.28%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), LyondellBasell Industries's Scope 1 emissions increased by 4.76%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are LyondellBasell Industries's Scope 2 emissions?

In 2023, LyondellBasell Industries reported Scope 2 greenhouse gas (GHG) emissions of 7,000,000 tCOâ‚‚e using the market-based method, and 7,100,000 tCOâ‚‚e using the location-based method.

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.

Compared to the previous year (2022), 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.

What methodology does LyondellBasell Industries use for Scope 2 reporting?

In 2023, LyondellBasell Industries reported its Scope 2 emissions using the market-based method and using the location-based method.

LyondellBasell Industries's Scope 2 Emissions Over Time

202020212022202302 M4 M6 M8 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into LyondellBasell Industries's Value Chain Emissions

In 2023, LyondellBasell Industries reported 99,400,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of LyondellBasell Industries includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

LyondellBasell Industries's Scope 3 Emissions Over Time

2020202120222023030 M60 M90 M120 MtCO2e+7%-3%+1%
  • Total Scope 3
  • Year-over-Year Change

What are LyondellBasell Industries's Scope 3 emissions?

In 2023, LyondellBasell Industries reported total Scope 3 emissions of 99,400,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 35.21% of these emissions originated from upstream activities such as purchased goods and capital goods, while 64.79% came from downstream activities like product use, distribution, and end-of-life treatment.

Has LyondellBasell Industries reduced its Scope 3 emissions over time?

Since 2020, LyondellBasell Industries's Scope 3 emissions have remained relatively stable, indicating that LyondellBasell Industries 's emissions have plateaued with no significant change in its value chain footprint.

Compared to the previous year (2022), 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.

What categories of Scope 3 emissions does LyondellBasell Industries disclose?

In 2023, LyondellBasell Industries reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

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

In 2023, the largest contributors to LyondellBasell Industries's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 47,400,000 tCOâ‚‚e (47.69%)
  • Purchased Goods and Services (Cat. 1): 29,700,000 tCOâ‚‚e (29.88%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 14,900,000 tCOâ‚‚e (14.99%)

LyondellBasell Industries's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(29.9%)Use of Sold Products(Cat. 11)(47.7%)End-of-LifeTreatment of SoldProducts (Cat. 12)(15.0%)

Insights into LyondellBasell Industries's Total Carbon Footprint

In 2023, LyondellBasell Industries reported a total carbon footprint of 121,900,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.41% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to LyondellBasell Industries's total carbon footprint was Scope 3 emissions, accounting for 81.54% of the company's total carbon footprint, followed by Scope 1 emissions at 12.63%.