HOUSTON and ROTTERDAM, The Netherlands, July 20, 2023 /PRNewswire/ -- LyondellBasell (NYSE: LYB) announced today that it has received a rating of AA, on a scale from CCC to AAA, on MSCI's ESG Ratings assessment and is now part of the "Leader" category. The new rating is an upgrade from the "A" status LyondellBasell received last year and reflects the actions the company has taken on carbon mitigation and its industry-leading corporate governance practices.
"Our ESG success is measured by the significant progress we continue to make on our climate strategy, transparency and the actions we take," said Andrea Brown, LyondellBasell's chief sustainability officer. "We believe in creating solutions for everyday sustainable living, and an important component of this is ensuring that we maintain our momentum in advancing our ESG activities in a positive direction."
AA ratings are awarded to the top 10% of companies within each sector included in the index, those that lead their industry in managing the most significant ESG risks and opportunities. For more information, see the MSCI ESG Ratings website.
Disclaimer
LyondellBasell's use of any data from MSCI ESG Research LLC or its affiliates ("MSCI"), and the use of MSCI logos, trademarks, service marks or index names in this document, does not constitute a sponsorship, endorsement, recommendation or endorsement of LyondellBasell by MSCI. MSCI services and data are the property of MSCI or its information providers and are provided "as is" and without warranty. MSCI names and logos are trademarks or service marks of MSCI.
About us
We are LyondellBasell, a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a low-carbon, circular economy. In everything we do, we aim to create value for our customers, investors and society. As one of the world's largest polymer producers and a leader in polyolefin technologies, we develop, manufacture and market high-quality, innovative products for applications ranging from sustainable transportation and food safety to clean water and quality healthcare. For more information, visit www.lyondellbasell.com or follow @LyondellBasell on LinkedIn.
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