Month: February 2023

Logitech Blog

Technology creates positive change in the world across many industries, from healthcare to communication and education. According to a report from Logitech, 92% of women working in tech and IT say the ability to make a meaningful contribution to society is a primary factor in their career development. Celebrating the good work being done by the industry, especially women, could help close the gender gap that persists in the field.

Logitech MX supports opportunities for women and girls to build the skills they need for STEM careers and honors women working in tech and IT with #WomenWhoMaster. The series has featured many women who are giving back to their community through tech, including the three stories below.

Nelly Cheboi: Gives Back to Sustainably Solve Poverty

As a little girl, Nelly Cheboi’s family barely had enough money for food or shoes, let alone a computer. She dreamed about ending this poverty for her family and others in rural communities.

“I wanted to rewrite what it looks like to grow up in a village like Mogotio [a small village in Kenya].”

After taking an introduction to Java course in college, she saw the power of coding. That moment led her to found the nonprofit TechLitAfrica, which partners with schools in Kenya to provide a technology-based curriculum focused on self-efficacy, troubleshooting, and internet skills. Nelly single-handedly provided the computers for the nonprofit’s early years, collecting discarded computers from the U.S. and transporting them to Kenya. It’s part of the reason Nelly was named the 2022 CNN Hero of the Year. TechLit Africa has reached 4,000 students in 10 schools, and Nelly plans to grow that number to 100 schools. 

Yuko Nagakura: Gives Back to Fight the Patriarchy

Yuko Nagakura is proof that someone is never too young to make a difference. By 17 years old, she built two global communities that invite girls into tech and challenge gender inequality in the industry. World Coding Club introduces the basics of coding to young people in more than 30 countries. Through hackathons and digital groups, the club gives young people, with a focus on girls, the opportunity to learn coding skills in a fun way. One of Yuko’s favorite parts of the project is the opportunity to mentor younger students. 

Her other organization, SHEQUALITY, is an online platform where female writers from around the world publish articles about feminism from a global lens. Yuko started SHEQUALITY to change  the world and combat gender inequality. However, the site has changed her as well, broadening her views on how feminism differs around the world. 

“Reading the articles and talking to the other girls has been a really eye-opening experience for me. Because there are girls from so many different cultural lenses it’s changed how I think about feminism.”

Kavya Krishna: Gives Back to Democratize Financial Independence

While working her first job at a major technology company, Kavya Krishna was only one of two women on her team. They started meeting for what they called “women in tech” lunches. The goal was to meet other women in the company but it slowly became passionate discussions about the women’s journeys to corporate America and the lack of support for girls in their home countries to become financially independent. As someone who always saw technology as a path to gain financial independence, Kavya wanted to do something. So she started the Society of Women Coders, a nonprofit that teaches digital skills to girls from underserved and at-risk communities around the world.

“[In the beginning] we called ourselves the Sisterhood of the Traveling Coders, but it wasn’t an organization. We were just a group of women techies who wanted to give back.”

At first, Kavya and her co-founder used their vacation days and savings to travel to different countries to conduct coding camps. Now five years later, Kavya has built a thriving online and in-person community of girls who are empowered to direct their own future. She knows these girls will soon be scientists, top engineers, and heads of corporations. She hopes they too will be inspired to give back to their communities. 

Influential innovators like Nelly, Yuko, and Kavya are changing the world and inspiring the next generation of tech professionals. Read more about these difference-makers and others like them in Logitech’s #WomenWhoMaster series.

Ready to help more women and girls make a meaningful contribution to the world through STEM careers? Share the #WomenWhoMaster series on social or submit your own #WomenWhoMaster nominee by tagging them on Instagram with the hashtag or emailing their story to us here. 

Women Who Master puts a spotlight on women who have made outstanding contributions to STEM fields. The goal of the series is to celebrate those contributions, inspire future leaders, and help close the gender gap in technology.

PHILADELPHIA, February 14, 2023 /3BL Media/ – Sofidel, a global household products company received a ESG Risk Rating of 13.6 from Morningstar Sustainalytics, ranking it first out of over 120 companies in the Household Products industry. The rating recognized Sofidel for its strong commitment to the preservation of biodiversity, anti-corruption strategies, transparency, and efforts to fight climate change and global warming. With 1,500 employees across the U.S., Sofidel also placed in the “Low Risk” category as of August 2022, that lists companies with a strong ability to manage the environmental, social and governance risks that characterize the three areas of a company’s responsibility.

Morningstar Sustainalytics is a leading ESG and corporate governance research provider, and ratings and analytics firm that supports investors around the world with the development and implementation of responsible investment strategies.

Sustainalytics also ranked Sofidel in the top 10% of more than 15,000 global companies evaluated.

“Once again, Sustainalytics’ ESG Risk Rating attests to the rigor of our commitment to ESG sustainability and risk management policies,” commented Luigi Lazzareschi, CEO of the Sofidel Group. “These analyses, in addition to traditional financial ratings, represent a benchmark for investors, external observers, and worldwide stakeholders whose choices are increasingly guided by companies’ abilities to develop and implement effective sustainability strategies. This is a recognition we are pleased with as it translates the commitment and dedication of recent years into measurable results, which are essential to allow us to compare ourselves with international best practices and, above all, to detect further areas for improvement.”

Sofidel excelled in the material categories ranking of Land Use – Biodiversity and Business Ethics. For risk management related to Land Use – Biodiversity, the company received a score of 97/100, thanks to a strict forestry procurement policy, developed in collaboration with World Wildlife Fund (WWF), whose only goal is zero deforestation. Today, Sofidel uses only pulp which is (100%) certified under forest chain-of-custody schemes and is committed to the active monitoring of high-risk countries and the introduction of control measures on the second and third levels of its supply chain. Additionally, Sofidel is among the first companies in the world to join the “Forests Forward” platform launched by WWF to protect forests and ecosystems.

In the category of Business Ethics, Sofidel achieved a score of 86.9/100 for its continued commitment to promoting models of integrity, anti-corruption and transparency. The company has recently established a new internal audit process to ensure that everyone in the company follows the procedures and acts/operates in an ethical way.

There was also positive feedback on decarbonization. The residual risk assessment for the Carbon – Own Operations category, the company achieved a ‘negligible risk’ rating (1.3 Negligible), which recognizes Sofidel’s decarbonization strategy. The Group’s 2030 reduction targets (40% reduction in scopes 1 and 2 CO2 emissions – those produced directly by its business – and 24% scope 3 reduction – emissions related to the supply chain are endorsed by Science Based Targets initiative (SBTi) as consistent with the requirements of the Paris Agreement. In this context, the Group is now implementing a multi-option strategy (based on the legislative, climatic, and infrastructural contexts of the various countries in which it operates) to differentiate the energy mix with the goal of having 84% of purchased energy derived from renewable sources by 2030.

Copyright ©2022 Sustainalytics. All rights reserved.

This publication contains information developed by Sustainalytics (www.sustainalytics.com). Such information and data are proprietary of Sustainalytics and/or its third party suppliers (Third Party Data) and are provided for informational purposes only. They do not constitute an endorsement of any product or project, nor an investment advice and are not warranted to be complete, timely, accurate or suitable for a particular purpose. Their use is subject to conditions available at https://www.sustainalytics.com/legal-disclaimers.

Sofidel America 

Sofidel America is a subsidiary of the Sofidel Group. It was established in 2012 through the acquisition of the Cellynne tissue company which was founded in 1988 with one integrated plant in Haines City (Florida) and two converting plants in Green Bay (Wisconsin) and Henderson (Nevada) – the latter moved to Las Vegas in 2018. Sofidel America is now active in seven States – the original three already listed, as well as Oklahoma (Inola), Mississippi (Hattiesburg), Ohio (Circleville) and Pennsylvania (Horsham) where the company has its American corporate office. In 2021 the US market accounted for 22.5% of Sofidel’s revenues.

The Sofidel Group 

The Sofidel Group is one of the leading manufacturers of paper for hygienic and domestic use worldwide. Established in 1966, the Group has subsidiaries in 13 countries – Italy, Spain, the UK, Ireland, France, Belgium, Germany, Sweden, Poland, Hungary, Greece, Romania, and the USA – with more than 6,000 employees, net sales of 2,095 million Euros (2021) and a production capacity of over one million tonnes per year (1,440,000 tonnes in 2021). “Regina,” its most well-known brand, is present on almost all the reference markets. Other brands include: Softis, Le Trèfle, Sopalin, KittenSoft, Nalys, Cosynel, Lycke, Nicky, Papernet. A member of the UN Global Compact and the international WWF Climate Savers programme, the Sofidel Group considers sustainability a strategic factor with regards to growth and is committed to reducing its impact on natural capital and maximising social benefits, setting as objective the creation of shared added value for all stakeholders. Sofidel’s greenhouse gas (GHG) emissions reduction targets to 2030 have been approved by the Science Based Targets initiative (SBTi) as consistent with reductions required to keep warming to well-below 2°C, in line with the goals of the Paris Agreement.

www.sofidel.com

By Gabriele Goertz

SAP solutions currently touch most of the world’s financial systems, commerce traffic, and business network interactions – with SAP customers generating 87% of total global commerce. Through that connectivity and reach, SAP partners are helping our joint customers combine data and business processes to solve challenges specific to their industry and line of business.

When combined with partner expertise and innovation, that reach across business domains and processes becomes a powerful tool for advancing key corporate agendas, including environmental, social, and governance (ESG) goals. It enables our customers to secure their business, uncover new opportunities, mitigate risks, and get ahead of operational turbulence while dismantling barriers that stand in the way of a healthier planet and more equitable society.

Whether fueled by environmental laws or consumer demand, increasing organizational focus on ESG-related goals is opening opportunities for partners – key junctures where their innovations can contribute. Implementation, content, and technology experts can take advantage of sustainability trends to help customers balance increased competitiveness with positive impacts under the new ESG principles.

A Vital Platform for Meaningful Change

Over the last few years, SAP Business Technology Platform (SAP BTP) has empowered SAP partners to innovate, integrate, and extend solutions across lines of business and industries in the cloud. Now, they can turn their attention, knowledge, and ingenuity toward questions about sustainability, helping customers understand where to start, where to end up, and how to get there quickly.

SAP partners can rapidly innovate on SAP BTP, thanks to the collaboration-driven nature of the partner ecosystem and access to enablement and support powered by SAP around ESG practices. In return, they can be well-equipped to deliver on expectations for revenue generation, efficiency improvement, and risk mitigation through emissions and waste reduction, circular business models, and sustainable and responsible leadership.

Take, for example, the digitalization of supply chains. Sustainability is now being infused into the business function’s DNA as companies pay more attention to lowering their carbon footprint, minimizing waste, and sourcing materials responsibly. But the greatest success comes from ESG initiatives combined with – not competing against – objectives for increasing system resilience, expanding logistics capacity, or protecting operations from disruptions that threaten customer fulfillment.

With climate change ranking as high as economic instability among top concerns for companies and their customers, more and more SAP partners – such as EcoVadis Inc. and Trifork AG – have come to understand that sustainability cannot continue to be placed on the back burner. Instead, they help customers see how ESG principles can help deliver goods and services sustainably, improve operational efficiency, reduce business costs, and overcome risks to help ensure supply chain resilience around the globe.

ESG Innovation Materializes through Strong Collaboration

Software such as the SAP Sustainability Control Tower solution, which is built on SAP BTP, demonstrates the strength of the collaboration between SAP partners and customers when bringing ESG innovation to market. Our partners can create a real-time, data-driven environment that empowers organizations to comply with reporting and auditability requirements imposed by national and regional governments, including the International Sustainability Standards Board and the U.S. Securities and Exchange Commission.

As a component of a unified platform connecting data and business processes, SAP Sustainability Control Tower enables partners to help customers combine accurate, auditable, and reliable financial and nonfinancial data. This approach provides the insights and transparency needed to make specific changes in how businesses operate. Additionally, since SAP software touches most of the world’s day-to-day commerce, the solution helps unlock the inherent power of existing data to record, report, and act on business and ESG goals.

But our partners’ use of SAP Sustainability Control Tower during customer engagements doesn’t stop there. They can build on the solution’s predefined integration capabilities with live SAP systems, such as SAP S/4HANA Cloud, to instantly upgrade audit-ready data and connect HR, finance, and supply chain organizational structures to crucial sustainability metrics. This work brings the sustainability data layer to life, transporting new sustainability practices into their critical business processes and functions with actual data.

Furthermore, the presence of prebuilt content libraries in the solution allows partners to accelerate the realization of their customers’ sustainability visions. They can pinpoint which processes need to change to reduce emissions and where operations can benefit from being more circular and automated.

The Next Phase of Data Intelligence Transformation

We are reaching a fork in the road where businesses will have two key choices in their digital transformation journey. They can either invest in ESG efforts to gain the associated benefits of circularity, efficiency, and resilience or stray from the sustainability and process integrity that environmentally discerning customers demand.

This emerging reality is quickly pushing the boundaries of what it means to be competitive. And for most organizations, becoming experts in capturing and reporting on the correct data and connecting the necessary processes can be daunting without consistent guidance and support.

SAP customers working with our partners can leverage the latest innovations in the field of sustainability as part of their data intelligence transformation powered by SAP BTP. And more importantly, they can realize new business opportunities and act as a positive force for sustainable business practices.

Learn more about SAP Business Technology Platform, SAP Sustainability Control Tower, and SAP solutions for sustainability. If you’re interested in software partnership opportunities with SAP, check out the SAP PartnerEdge, Build track. And if you’re already a partner, explore these resources available on the SAP Partner Portal site:

Sustainability solutions from SAP for lines of businessSAP Business Technology Platform“SAP Cloud for Sustainable Enterprises: SAP Sustainability Control Tower Deep Dive” webinar“Getting Started with ESG Steering and Reporting” openSAP course

Gabriele Goertz is vice president and global head of the Sustainability Ecosystem at SAP.

Originally published on Built From Scratch

Scott Casteel grew up around retail. After years of working in other fields, it took a lightbulb moment at a family meal to make it click.

“I knew I had to join The Home Depot when during dinner, my father and my ex-wife had what felt like a 20-minute conversation using nothing but abbreviations and Home Depot lingo,” remembers Scott. “I knew I needed to join the company if I ever wanted to participate in family conversations again.”

Scott joined the company in 2011 as a customer service associate and is currently a Home Depot Installation Services (HDIS) sales recovery associate. Not only do his dad, James, and ex-wife, Stacy, still work for Home Depot, but his wife, Stacy; his daughter, Lilianne; and his bonus daughter, Lauren; are also part of The Home Depot family. Yes, that’s three generations and six associates in one family.

“For me, having my immediate family also work with Home Depot means that my whole family is supported by this company. I know my father can work and do something he truly enjoys. I know my two oldest daughters both have careers rather than just jobs. I know they can provide for their families and are both given the tools to go as far as they want with Home Depot,” Scott says.

Let’s meet the family:

“WORK AS IF YOU ALREADY HAVE THE NEXT JOB YOU WANT. SHOW UP, TAKE A LEADING ROLE, SUPPORT YOUR PEER ASSOCIATES. PUT THE EFFORT AND THE HOURS IN SO THAT YOU ARE THE OBVIOUS CHOICE WHEN THE NEXT PROMOTION OPPORTUNITY COMES UP.” 
– SCOTT CASTEEL

Scott’s dad, James Casteel, works as a lumber recovery associate at Store #153 in Marietta, Georgia. A Vietnam veteran, Jim spent his teen years helping his carpenter dad build churches in California. “As a youth, I was a construction company’s roustabout, a mason’s apprentice, and a heavy equipment operator in the U. S. Army Corps of Engineers.”

James likes to help customers solve problems, find supplies to meet their needs and complete their projects.

“LEARN FROM PEOPLE WHO CAN HELP YOU IMPROVE AND TEACH THOSE WHO COME TO YOU FOR HELP OBSTACLES ARE LIKE A TWO-EDGED SWORD – FAILURE ON ONE SIDE AND A GREATER PATH TO SUCCESS ON THE OTHER WHEN YOU OVERCOME THE PROBLEM.” 
– JAMES CASTEEL

Lilianne Whisenant-Casteel, Scott’s daughter, is a customer service rep in the Virtual Contact Center. She started out with Home Depot Measurement Services (HDMS) for flooring in 2019. “I had a baby a year out of high school, so I had to grow up fast and become an adult. Home Depot helped me get insurance for my child.”

While she plans on going to college soon and using the company’s tuition reimbursement program, Lilianne says, “I like that we can grow in our current position or go to other positions without the need for a college degree.”

“EVEN IF YOU DO NOT HAVE THE EXPERIENCE, ALWAYS BE WILLING TO LEARN AND THAT WILL TAKE YOU A LONG WAY.” 
– LILIANNE WHISENANT-CASTEEL

Stacy Whisenant, Lilianne’s mom, works in Human Resources as a knowledge base admin. She was the first member of the family to put on the orange apron. “I started with THD as an associate shortly after Hurricane Katrina in 2005. My first few days set the tone for my career. I found water, paychecks, and other items because my leaders at the time asked if I could do something. My response was ‘sure, I could try.’ So I did.”

While building her career at The Home Depot, Stacy and her family dealt with some medical challenges that surpassed their resources when Lilianne needed extensive diagnostic work. “My Home Depot family took up the challenge for a Homer Fund drive and helped us care for her.”

“TITLE IS NOT A BARRIER TO IMPACT. BE CURIOUS AND BE BRAVE.” 
– STACY WHISENANT

The other Stacy in this family is Stacy Smith, Scott’s current spouse.

“I’m a copywriter in the Brand Marketing and Creative department. I write and edit copy for the Product Information Pages (PIPs). I’m also the brand claims coordinator. I analyze brand claims submissions for accuracy and validity according to our claims standards.”

An animal lover who volunteers with a local nonprofit in her community, Stacy considers her time at The Home Depot as the high point of her career.

“MY FAVORITE THING ABOUT WORKING AT THD IS THE COMPANY CULTURE AND VALUES. THE HOME DEPOT EMBRACES DIVERSITY AND ENCOURAGES EVERYONE TO SUCCEED. THE COMPANY TAKES CARE OF BOTH THE CUSTOMERS AND THE EMPLOYEES IN A WAY THAT I’VE NEVER EXPERIENCED IN SUCH A LARGE BUSINESS. IF SOMEONE NEEDS HELP, THEY DON’T HAVE TO GO FAR TO FIND IT. WE TRULY ARE LIKE A FAMILY.” 
– STACY SMITH

Stacy’s family also includes a bonus daughter, Lauren King, a senior training specialist who joined the company in 2019.

“I came from a construction background, working specifically in water damage, remediation (mold, asbestos) and rebuilding. These skills allowed me to learn critical sales methods and make myself an asset to Home Depot Measurement Services. In the first few weeks, I realized I loved training and even told the training specialist on the last day of class, ‘One day I’m going to be one of your colleagues.’ I continued to work hard, providing best-in-class service while also assisting classes as a subject matter expert. In April, I transitioned to a training specialist role and have been loving every second!”

Lauren is excited about her future and wants to encourage others to pursue their dreams, too.

“BE APPROACHABLE AND MAKE AS MANY CONNECTIONS AS YOU CAN. THE MORE YOU MEET WITH PEOPLE WHO ARE IN THE POSITION YOU WANT, THE MORE YOU CAN GET ADVICE TO HELP YOU REACH YOUR GOALS. LEADERS ACTIVELY WANT TO HELP YOU, BUT YOU MUST ASK FOR IT.” 
-LAUREN KING

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Recently, we announced LyondellBasell’s new climate ambitions. Today I am writing to give you my reflection on the importance of LyondellBasell’s recent bold and significant moves: reducing our Scope 3 emissions. I started my sustainability career at the World Business Council for Sustainable Development (WBCSD), leading the development of the scope 3 standard, an extensive process between WBCSD, the World Resources Institute (WRI), more involving than 60 companies and hundreds of stakeholders. The WRI and the WBCSD created the Greenhouse Gas Protocol (GHGP) in 2001 to help companies to measure emissions and identify opportunities to reduce them. The development of the scope 3 standard was part of the GHGP.

My experience with GHGP standards, combined with working with over 200 companies to advance the sustainability transition for 10 years, has given me the know-how to lead LyondellBasell’s sustainability efforts and contribute to advancing the company’s climate ambition strategy, including reducing scope 3 emissions. The actions LyondellBasell is taking in support of our new climate ambitions demonstrate tangible steps to advance a more sustainable future.

As I reflect today, we are living with inflation, a war in Europe, energy insecurity, and a potential global recession. I realize how brave and committed our company is to lead and advance our sustainability position by increasing our emission reduction targets during these challenging times.

Our step forward in sustainability is achievable, smart for business and good for society. We are taking concrete action to create value while also positioning us to be a first-mover to address growing customer demand, as well as societal, customer, brand owner and investor expectations.

The Importance and Challenges of Scope 3

Scope 3 (also known as value chain emissions) represents corporations’ greatest proportion of total greenhouse gas (GHG) emissions. In the chemical industry, scope 3 emissions account for approximately 75% of all total emissions. Yet, it is the most challenging to tackle, particularly because the sources of these emissions are not controlled by the company, i.e., the products, materials and services a company buys in order to make its products and the subsequent downstream use and disposal of these products. Many global companies in chemicals and other industrial sectors are reluctant to commit to tackling scope 3 emissions given the value chain challenges, such as the complexity of measuring the emissions (which entails complicated data collection), and the need for more transparency in the supply chain. However, to keep global warming under 1.5 degrees Celsius, there is an urgency to accelerate decarbonization efforts, including significantly reducing scope 3 emissions.

What Scopes 1, 2 & 3 mean

The GHGP defines emissions as follows:

Scope 1 – These are direct GHG emissions occurring from sources owned or controlled by the company, for example, emissions from combustion in owned or controlled boilers, furnaces.Scope 2 – They are indirect emissions from the generation of purchased energy consumed by the company.Scope 3 – These are all other indirect emissions from sources in the value chain, such as the extraction and production of raw materials, or from the use of sold products.

While many countries and organizations require reporting scope 1 & 2 emissions, scope 3 emissions reporting is mostly voluntary.

Understanding Our New Climate Ambitions

In December 2022, LyondellBasell announced it is increasing the company’s 2030 greenhouse gas (GHG) emissions reduction target for:

Increasing scope 1 and scope 2 GHG emissions reduction from 30 percent to 42 percent, relative to a 2020 baseline.Establishing a 2030 scope 3 GHG emissions reduction target of 30 percent, relative to a 2020 baseline.

For us, it was important our updated climate goals aligned to the latest science and that we seek to have them validated by the Science-Based Targets Initiative (SBTi). The SBTi is a partnership between the non-profit CDP, the United Nations Global Compact, World Resources Institute (WRI), and the World Wide Fund for Nature (WWF). This initiative defines and promotes best practices in science-based climate target setting for companies.

The SBTi requires companies to include a scope 3 target when scope 3 emissions exceed 40% of the company’s total emissions, which is the case for LyondellBasell. SBTi requires Scope 3 goals to align with a well-below two-degree pathway or GHG emissions reduction of 2.5% per year. Over the 10 years from LyondellBasell’s 2020 baseline to 2030, this translates to a reduction of 25%. Therefore, our new scope 3 goal to reduce emissions by 30% by 2030 exceeds the SBTi minimum requirements.

Advancing Scopes 1,2 & 3 GHG emissions reduction

We are progressing with our strategic plan and timeline for implementing the steps to reduce our carbon emissions. As announced in April 2022, one concrete action to reduce scope 3 emissions is to close our Houston refinery by the end of December 2023. This plan is on track and is expected to reduce scope 3 emissions by approximately 40 million metric tons annually.

In addition, there are many emissions reduction initiatives planned for implementation by 2030, yet beginning in 2024, including:

Process heat recovery projects, electrification of a large process turbine and optimization of steam demand at its site in Wesseling, Germany, in 2024Optimization of heated equipment through advanced digitization, efficiency improvements and fuel management at its site in Channelview, Texas, in 2025

Also, as announced last week, we signed eight PPA agreements and achieved over half of our 2030 target to procure a minimum of 50 percent of global electricity from renewable sources. These PPAs will generate over 2.6 million megawatt hours (MWh) of renewable electricity annually and reduce the company’s scope 2 emissions by nearly 1 million metric tons of carbon emissions, equivalent to the emissions associated with the annual electricity consumption of more than 370,000 homes. In addition, we are continuing with plans to phase out the use of coal at our Wesseling, Germany site, reducing the site’s scope 2 emissions by about 170 thousand metric tons annually.

Furthermore, as we progress in our Circular and Low Carbon Solutions efforts to achieve our 2 million metric tons (MM MT) goal for recycled and renewable products, the corresponding increases in recycling rates will positively impact scope 3 emissions. We expect the emissions reductions we will get from accomplishing this goal to be incremental to the plans we currently have to reduce our scope 3 emissions by 30% by 2030. We estimate approximately 1-1.5MM MT scope 3 reductions coming from achieving our circularity ambition.

Lastly, LyondellBasell is part of several sector initiatives through our engagement with the World Economic Forum (WEF) and Together for Sustainability (TfS) to further understand and act upon the common challenges of the chemical industry in dealing with scope 3 emissions. LyondellBasell is also taking part in efforts led by the SBTi to develop a sectoral decarbonization approach for the chemical industry. We expect this approach will take into account the specific challenges the chemical industry is facing, as a hard-to-abate sector, in its journey to reaching a state of net zero GHG emissions.

Invigorating Times

Tackling scope 3 emissions must remain a top priority for businesses worldwide, regardless of the challenges. Working at a company with colleagues who are committed to action, are fantastic collaborators, are willing to take a chance on ideas, and see sustainability strategy as an opportunity is INVIGORATING. As such, we will continue to find innovative ways to reduce our emissions and offer circular and low carbon solutions to address GHG emissions. While plenty of work remains, sustainability no longer feels like a far-away goal—we’re on our path to leading it and enabling a more sustainable future for all.

More information on our sustainability commitments can be found here.