“We embrace sustainability as an opportunity to create value. Over the last year, we embedded sustainability into our new company strategy and progressed our sustainability-focused ambitions, while remaining laser-focused on safety, operational excellence and value creation. As we progress toward establishing ourselves as an industry leader in sustainability, we have moved from unlocking possibilities to making everyday sustainability a reality,” mentioned
In 2023, the corporate reported sustainability highlights together with:
- Issuing an inaugural
$500 million inexperienced bond, with proceeds used to fund new or present eligible inexperienced initiatives within the areas of round financial system, renewable power, air pollution prevention and management, and power effectivity. - Investing upstream in plastic-waste sorting and recycling operations in
Europe ,Asia andNorth America to assist construct an entire providing of sustainable options throughout a number of recycling processes. - Reaching a last funding resolution to construct a primary of its form, business scale superior recycling plant, MoReTec-1. The plant might be positioned on the firm’s
Wesseling, Germany website and can use the corporate’s proprietary MoReTec know-how. - Introducing a brand new product vary referred to as +LC (Low Carbon) options, which makes use of different sources of carbon to supply clients a decrease carbon footprint in comparison with the fossil-based equal.
- Attaining virtually 90% of the corporate’s 2030 goal to safe no less than half of its world electrical energy from renewable sources and applied initiatives translating into an annual power financial savings of practically 4 million gigajoules.
- Rising the variety of ladies and folks from underrepresented teams in senior management roles; ladies now make up 25% of such roles globally, a 3% improve from 2022 and folks from underrepresented teams now make up 19% of govt roles within the
U.S. , a 5% improve in contrast with 2022. - 60 manufacturing websites achieved GoalZERO (zero accidents, zero incidents and 0 accidents), and 67 websites have been damage“free in 2023.
“We are committed to disclosing our sustainability performance, providing transparency and demonstrating how we support everyday sustainability,” mentioned Vanacker.
For extra data, learn the 2023 LyondellBasell sustainability report, On a regular basis Sustainability right here.
About LyondellBasell
We’re LyondellBasell “ a pacesetter within the world chemical trade creating options for on a regular basis sustainable residing. By superior know-how and targeted investments, we’re enabling a round and low carbon financial system. Throughout all we do, we goal to unlock worth for our clients, traders and society. As one of many world’s largest producers of polymers and a pacesetter in polyolefin applied sciences, we develop, manufacture and market high-quality and modern merchandise for functions starting from sustainable transportation and meals security to wash water and high quality healthcare. For extra data, please go to www.lyondellbasell.com or comply with @LyondellBasell on LinkedIn.