LyondellBasell Climate Goals

Rhea-AI Summary

LyondellBasell recently announced an enhancement to its climate initiatives, increasing its 2030 greenhouse gas emissions reduction targets for scope 1 and 2 emissions and introducing a target for scope 3 emissions, based on a 2020 baseline. This strategic move underscores the company's commitment to sustainability and corporate responsibility, reflecting broader industry trends towards environmental stewardship. Tracey Campbell, Executive Vice President of Sustainability and Corporate Affairs, elaborated on these developments, emphasizing LyondellBasell's dedication to addressing climate change through impactful goals.

Positive

• Increased 2030 GHG reduction targets for scope 1 and 2 emissions.
• Introduction of a scope 3 emissions reduction target.
• Commitment to sustainability and corporate responsibility.

Negative

• None.

NORTHAMPTON, MA / ACCESSWIRE / January 23, 2023 / LyondellBasell

Last month, we announced an increase to our 2030 greenhouse gas emissions (GHG) reduction targets for scope 1 and 2 emissions and added a scope 3 emissions target. These targets are relative to a 2020 baseline. Hear from Tracey Campbell, EVP, Sustainability and Corporate Affairs, as she outlines what's new about the company's climate goals.

View additional multimedia and more ESG storytelling from LyondellBasell on 3blmedia.com.

Contact Info:
Spokesperson: LyondellBasell
Website: https://www.3blmedia.com/profiles/lyondellbasell
Email: info@3blmedia.com

SOURCE: LyondellBasell

View source version on accesswire.com:
https://www.accesswire.com/736409/LyondellBasell-Climate-Goals

FAQ

What are LyondellBasell's new climate goals for 2030?

LyondellBasell has increased its GHG reduction targets for scope 1 and 2 emissions and introduced a scope 3 emissions target, relative to a 2020 baseline.

When did LyondellBasell announce its climate goals?

The announcement was made on January 23, 2023.

Who is Tracey Campbell in relation to LyondellBasell?

Tracey Campbell is the Executive Vice President of Sustainability and Corporate Affairs at LyondellBasell.

What is the significance of LyondellBasell's emissions targets?

The emissions targets reflect LyondellBasell's commitment to enhancing sustainability and addressing climate change.

What is scope 1, 2, and 3 emissions?

Scope 1 emissions are direct emissions from owned or controlled sources, scope 2 are indirect emissions from the generation of purchased electricity, and scope 3 includes all other indirect emissions that occur in a company's value chain.