LyondellBasell
| LyondellBasell Industries Holdings | |
|---|---|
 | |
| Quick Facts | |
| Type | Public limited company |
| sector | Chemical industries |
| Headquarters (Benelux Organization) | Rotterdam, Netherlands; Houston TX, United States; London, United Kingdom |
| Year of Origin | 2007 |
| Emissions (All Scopes) | XXX Megatons of CO2 (2020) |
| Net Income | USD$1.4 billion (2020) |
| Key People | Kenneth (Ken) Lane (CEO), Jacques Aigrain (chairman) |
| Subsidiaries |
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LyondellBasell Industries Holdings, stylized as LyondellBasell, was founded in 2007 by merger of Basell Polyolefins and Lyondell Chemical Company.[1] Roots of the company trace back to 1985. [2] LyondellBasell is Dutch company with British and American roots. The company is manufactures at 55 sites in 17 countries sells products into approximately 100 countries. [3] The main office of LyondellBasell Europe, Asia and International is based in the center of Rotterdam but the company has other headquarters in Housten, London, and Hong Kong. The company employs 19,200 people (2021).[4] Revenue of LyondellBasell was 27,753 dollars in 2020.[5]
LyondellBasell is one of the largest plastics, chemicals, and refining companies in the world.[6] As they are ranked 10th in the global top 50 chemical companies of 2021, they can be considered a key player in their industry.[7]
Company Structure
The company has two main leadership branches, the leadership team and the Board of directors. The leadership team is comprised of senior executives that lead LyondellBasell’s business and staff functions furthermore, the team oversees operational issues and the implementation of corporate strategies and provides support to the CEO.[8] The Board of Directors is led by Chairman Jacques Aigrain and oversees management and the overall course of LyondellBasell’s business and strategy. The members of the board include the Chairman, CEO, and ten independent directors that are elected annually by stakeholders.[9]
Leadership Team
| Name | Function | Remuneration ($) |
|---|---|---|
| Kenneth (Ken) Lane | Interm Chief Executive Officer | 3.316.357 |
| Bhavesh Patel | Chief Executive Officer | 15.570.513 |
| James Guilfoyle | Executive VP- Advanced Polymer Solutions | Unkown |
| Jeffrey Kaplan | Executive VP-Legal & Public Affairs | 2,798,701 |
| Micheal McMurray | Executive VP and CFO | 3,923,362 |
| Torkel Rhenman | Executive VP-Intermediates and Derivatives and refining | Unkown |
| Kim Foley | Senior VP- HSE, Global engineering | Unkown |
| Dale Friedrichs | Senior VP-HR and Global projects | Unkown |
| Jean Gadbois | Senior VP- Europe and Asia | Unkown |
| Richard Roudeix | Senior VP-Olefins & polyolefins, Europe, Middle East, Africa and India | Unkown |
| Jim Seward | Senior VP- Research and Development, Technology, and Sustainability | Unkown |
| Anup Sharma | Senior VP- Global Business Services | Unkown |
| Micheal VanDerSnick | Senior VP- Americas manufacturing | Unkown |
The Remuneration of the Leadership Team is based on the 2021 Annual General Meeting of Shareholders Proxy statement. The remuneration is based on the year 2020 and includes: 1 Salery, 2. Bonus, 3. Stock Awards, 4. Option Awards, 5. Non-Equity Incentive Plan Compensation, 6. Change in Pension Value, 7. All other compensation (Fees or Intercontinental trips, Tax preparation etc.).[11]
Board of Directors
Accountant van het bedrijf
Accountant
Accountant van het bedrijf
Operations
uitgebreidere beschrijving van het bedrijf en wat ze doen en of ze koninklijk zijn en NOW steun
Paris Agreement to Today
beschrijving van wat het bedrijf heet gedaan en misdaan sinds het akkoord van Parijs
Current Policies and Emissions
Beschrijving van de uitstoot van het bedrijf en eventuele beleid
Climate Plans
Beschrijving van de klimaatplannen van het bedrijf
Conclusion
Beschrijving of de plannen in lijn zijn met 'Parijs'
Bedrijfsspecifieke Passage in 'de brief'
U heeft uw duurzaamheidsbeleid vastgelegd in uw 2020 Sustainability Report[12] en uw Climate Ambition Validation statement.[13]
Wij constateren dat uw ambitie is om in 2030 uw scope 1 en 2 emissies met 30% te verminderen ten opzichte van 2020 en om in 2050 net zero te opereren. U heeft geen ambities vastgesteld om uw scope 3 emissies te verminderen.
Uit uw 2020 Sustainability Report blijkt onvoldoende hoe u uw ambities voor uw scope 1 en 2 emissies voor 2030 haalt. We constateren we u geen plannen hebt om uw doelstelling voor 2050 te halen. Ook is uw rapportage over uw eigen emissies (scope 1, 2 en 3) onvolledig. Dit zijn grote tekortkomingen die uw ambities ongeloofwaardig maken.
Tevens constateren we dat uw ambities niet voldoende zijn om binnen de anderhalve graad te blijven. Met name het ontbreken van concrete ambities voor uw scope 3 emissies is een grove tekortkoming.
Daarmee draagt uw bedrijf bij aan gevaarlijke klimaatverandering en loopt u het materiële risico om mensenrechtenschendingen te veroorzaken.
References
- ↑ https://www.lyondellbasell.com/en/about-us/history/company-history-2000/
- ↑ https://www.lyondellbasell.com/en/about-us/history/company-history-1998-1953/
- ↑ https://www.lyondellbasell.com/globalassets/about-us/corporate-brochure---letter.pdf
- ↑ https://www.forbes.com/companies/lyondellbasell-industries/?sh=7973f45f45ef
- ↑ https://www.lyondellbasell.com/en/news-events/corporate--financial-news/lyondellbasell-reports-2020-earnings/
- ↑ https://www.lyondellbasell.com/en/about-us/who-we-are/
- ↑ https://cen.acs.org/sections/global-top-50.html
- ↑ https://www.lyondellbasell.com/en/about-us/leadership/
- ↑ https://www.lyondellbasell.com/en/about-us/leadership/
- ↑ https://www.lyondellbasell.com/en/about-us/leadership/
- ↑ https://www.lyondellbasell.com/globalassets/investors/company-reports/2020/proxy-statement-2021-annual-general-meeting.pdf
- ↑ https://www.lyondellbasell.com/globalassets/sustainability/2020-lyb-sustainability-report.pdf
- ↑ https://www.lyondellbasell.com/globalassets/sustainability/unsdg/climate-ambition-validation-statement.pdf