LyondellBasell Highlights Progress in Sustainability with Latest Annual Report

LyondellBasell, a global leader in the chemical industry, recently released its annual sustainability report, “Everyday Sustainability,” showcasing the company’s dedication and advancements in sustainability practices over the past year. This report points toward LyondellBasell’s goal of becoming a sustainability frontrunner by addressing three specific challenges: ending plastic waste, advancing climate action, and fostering a prosperous society. A Strategic Approach to Sustainability According to Peter Vanacker, CEO of LyondellBasell, the company views sustainability as a vital avenue for value creation. “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,” Vanacker stated. The focus has shifted from exploring the potential to actualizing everyday sustainability, reflecting the company’s progress in integrating sustainability into its operations. LyondellBasell operates in key markets such as automotive, packaging, agriculture, and infrastructure, driving innovations in chemicals, polymers, fuels, and technologies. The 2023 sustainability highlights include: The issuance of a $500 million green bond will fund eligible green […]

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