LyondellBasell Announces Target for Net Zero Emissions by 2050

LyondellBasell, a multinational chemical company incorporated in the Netherlands, announced its ambition of, and approach to, achieving net zero emissions from global operations by 2050. As an interim step toward 2050, the company also announced a strategy to achieve an absolute reduction of 30 percent in scope 1 and scope 2 emissions by 2030. These targets are consistent with efforts to support the Paris Agreement’s goal of limiting climate change by achieving net zero for global greenhouse gas (GHG) emissions by mid-century.