We seepossible. 2019 SUSTAINABILITY REPORT CEO Letter Highlights Approach Stories GRI/SASB Indices 2019 SUSTAINABILITY REPORT / 2 Forward-looking information Certain disclosures in this report may be considered forward-looking statements. These are made pursuant to safe harbor provisions tackle three global challenges society of the Private Securities Litigation At the time of this report’s Reform Act of 1995. You should faces during this decade of action: read the Cautionary Statement publication, we find CEO contained in our 2019 Annual • Eliminating plastic waste Report on Form 10-K in conjunction ourselves at a pivotal with such statements. • Addressing climate change point in history. While • Supporting a thriving society many have long recognized LETTER the need to take action to Taking action address some of society’s As part of our focus on longer-term greatest challenges, the priorities, LyondellBasell has been taking substantive action to advance our global pandemic, extreme sustainability goals. For instance, to help weather events and address our three priority areas we have: issues of economic and • Added mechanically recycled and racial divide have further renewable feedstock-based polymers to our product offerings; emphasized that this is the • Invested in molecular recycling (also time for action. called chemical or advanced recycling) with the goal to bring this potentially game-changing technology to Three years ago, our company began a commercial scale; journey that significantly increased our focus and attention on sustainability • Played a leading role in establishing issues across the enterprise. While there the Alliance to End Plastic Waste certainly is more to do, I am very proud About the cover (AEPW), the first global, cross value to report that with focus and hard work, chain organization to address this our dedicated team has made significant major issue; progress in a short period of time. Our sustainability strategy • Developed a roadmap to reduce our is aligned with our brand In the pages that follow, you will read carbon footprint; and Bhavesh V. (Bob) Patel Advancing Possible, and how we have developed our sustainability Chief Executive Officer speaks to our ability strategy in the past year. We have an even • Appointed the company’s first Chief to offer solutions to deeper understanding of the business Talent & Diversity Officer and are complex challenges risks and opportunities of transitioning to working to further emphasize diversity while carefully balancing a low-carbon, circular economy and have and inclusion in our cultural and talent environmental, social and identified actions we will take to help management programs. economic impacts. CEO Letter Highlights Approach Stories GRI/SASB Indices 2019 SUSTAINABILITY REPORT / 3 value chain partners, in turn, to transform Our response to COVID-19 of 2020, however, caused all of us to their businesses. Achieving this stop and ask ourselves if we are doing ambitious goal will require collaboration The COVID-19 pandemic reminds us how enough to combat issues of race and with our customers, suppliers, brand- critical plastics are to nearly every sector discrimination. BY 2030, OUR owners, industry associations and of the economy, especially healthcare. governments to: For example, the polypropylene resins In July 2020, we accelerated our efforts AMBITION IS TO produced by LyondellBasell are used to in the area of diversity and inclusion • Increase waste management systems produce melt-blown fibers that provide with the appointment of a Chief Talent & PRODUCE AND and recycling infrastructure across the filtration in facemasks; masterbatch Diversity Officer and the establishment of globe. Our mechanical and molecular products are used in breathable films an employee Diversity Council. We have MARKET TWO MILLION recycling technologies depend on a for protective suits; and, polypropylene, asked this group, in addition to external sufficient stream of plastic waste to ethylene oxide and propylene oxide are experts, to help us evaluate our policies, METRIC TONS OF serve as feedstock. used to make medical syringes, medical talent practices and other programs to test kits, soaps, disinfectants and many ensure every employee can achieve his or RECYCLED AND • Develop uniform standards other products. her full potential. for recycling, including a mass RENEWABLE-BASED balance approach in order to make As the impacts of the pandemic It is my expectation that diversity and molecular recycling work at scale. intensified, and given the critical nature of inclusion will be a purposeful, measurable POLYMERS ANNUALLY Once plastic waste is broken down these materials to combatting this global and sustainable part of LyondellBasell’s into its component molecules crisis, I am proud of the way our team culture, similar to how we view safety, for use as feedstock, traceability quickly adapted to a new way of working, where we strive to consistently be an of recycled content is critical for ensuring operations at our manufacturing industry leader. packaging companies and brands sites and other business functions to communicate the use of recycled continued in order to meet customer These complex, global and systemic demand while adhering to COVID-19 issues we are facing cannot be solved Advancing the circular economy content to customers, ultimately creating more demand for recycled health and safety protocols. by one company or even one industry LyondellBasell aspires to be an industry plastics. This same approach is alone. As we enter our decade of action, leader in the production and marketing of I look forward to sharing progress on applied today to paper and renewable A renewed focus on diversity recycled and renewable-based polymers. energy. the ambitious goals we’ve set. We do By 2030, our ambition is to produce and inclusion not claim to have all the answers, and and market two million metric tons of • Expand tax incentives to encourage As a global company with a diverse I invite you to join us as we form new recycled and renewable-based polymers the rapid growth of research and workforce, we have always aspired partnerships and collaborations that annually. This is a major commitment development in next generation to create a culture of inclusion where will help us all reach the scale and which will enable our customers and recycling technologies, as well as the diverse ideas, experiences and impact needed to make a difference and development of alternative feedstocks perspectives are valued. The events Advance what is Possible. from renewable sources. CEO Letter Highlights Approach Stories GRI/SASB Indices 2019 SUSTAINABILITY REPORT / 4 HIGHLIGHTS Expanded the number of First parallel production of end-use applications for 1st PP and LDPE from our mechanically recycled renewable-based feedstock product portfolio through our at a commercial scale QCP partnership More than 1 million safe Lowest injury rate in our history working hours achieved at achieved at manufacturing 17 manufacturing sites facilities in the United States Reduced emissions to air of nitrogen oxides (NOx), 19,360 volunteer hours donated sulfur oxides (SOx), volatile to the community during our organic compounds (VOCs) annual Global Care Day and particulate matter (PM) compared with 2018 CEO Letter Highlights Approach Stories GRI/SASB Indices 2019 SUSTAINABILITY REPORT / 5 Legend OUR GLOBAL PRESENCE ★ Legend ■ ManuLegfaecLntuedrginegnd Legend ● ★ Tech★nolog★y/Technical Centers ★ We manufacture and have joint ventures in 22 countries. ▲ Joint Ventures ■ Manufacturing ■ Manu■ Mfaanucturfiancgturing ■ Manufacturing Our products are sold in more than 100 countries. ● Technology/Technical Centers ● Tec●hnTolecohgny/olToegcyh/nTiceaclh Cniecnatle Crsenters ● Technology/Technical Centers ▲ Joint Ventures ▲ Joi▲nt JVoiennttu Vresentures ▲ Joint Ventures For information about employees, see GRI 102-8, page 32. 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