Kuala lumpur: LyondellBasell has improved its climate change score from A-minus to A in CDP’s 2024 assessment, placing the company in the leadership category for the second consecutive year.

According to BERNAMA News Agency, the Carbon Disclosure Project (CDP) serves as a leading global environmental disclosure platform widely used by investors and stakeholders to evaluate companies’ management of climate-related risks, opportunities, and performance. LyondellBasell’s chief sustainability officer, Andrea Brown, stated that the rating affirms the company’s strategy in scaling circular solutions, advancing low-carbon innovation, and embedding sustainability into operations to deliver financial value and measurable impact. Brown expressed that the improvement to an A score reflects the momentum built across the company’s sustainability agenda.

The 2024 CDP assessment introduced a more rigorous and integrated questionnaire aligned with international frameworks, including the International Sustainability Standards Board (ISSB), the Task Force on Climate-related Financial Disclosures (TCFD), and the Taskforce on Nature-related Financial Disclosures (TNFD). LyondellBasell’s achievement of an A score under the updated standards demonstrates its progress in climate risk integration, energy performance, and environmental transparency.

In addition to its improved climate score, the company also raised its water security score to a B and received its first-ever forests score, reflecting its broader commitment to nature-related disclosure and environmental stewardship. LyondellBasell is a global leader in the chemical industry, delivering innovative solutions that support sustainable everyday living. Through advanced technologies and focused investments, the company is driving progress toward a circular and low-carbon economy.