LyondellBasell published its annual sustainability report titled, Unlocking Possibilities, said the company
The publication offers an in-depth review of the company's 2022 sustainability performance, focused on progress toward ending plastic waste in the environment, taking climate action and supporting a thriving society.
Ramping up circular and low carbon solutions through initiatives including growing the company's plastics recycling footprint globally to meet customer demand for more sustainable products and solutions.
Accelerating interim greenhouse gas (GHG) emissions reduction targets for 2030, in line with science-based guidance and the Paris Agreement, by increasing scope 1 and 2 emissions reduction target to 42% and establishing a scope 3 emissions reduction target of 30%, relative to a 2020 baseline.
Contributing to a thriving society, including focusing on safety, advancing commitments to diversity, equity and inclusion, and continuing to contribute to and engage with the communities in which the company operates.
"The need to address climate and circularity has never been greater, and during my first year with LyondellBasell, we took decisive action to advance our sustainability goals and accelerate progress on existing commitments. We see opportunities to capture value from our actions and we are primed to unlock possibilities toward a more sustainable, low carbon future," said Peter Vanacker, CEO of LyondellBasell.
We remind, LyondellBasell NV said it was exploring strategic options for its U.S. Gulf Coast-based ethylene oxide & derivatives (EO&D) business. The company said it was analyzing the potential to retrofit the Houston refinery to build up its Circular and Low Carbon Solutions (CLCS) business.
mrchub.com