{"id":397257,"date":"2020-12-10T08:03:42","date_gmt":"2020-12-10T13:03:42","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=397257"},"modified":"2020-12-10T08:03:42","modified_gmt":"2020-12-10T13:03:42","slug":"lyondellbasell-joins-the-united-nations-global-compact","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lyondellbasell-joins-the-united-nations-global-compact\/","title":{"rendered":"LyondellBasell joins the United Nations Global Compact"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">HOUSTON<\/span>, <span class=\"xn-chron\">Dec. 10, 2020<\/span> \/PRNewswire\/ &#8212; LyondellBasell (NYSE: LYB) one of the world&#8217;s largest plastics, chemicals and refining companies today announced it has joined the United Nations (U.N.) Global Compact, the world&#8217;s largest corporate sustainability initiative. Under the U.N. Global Compact, signatories are encouraged to align their operations and strategies with key principles on human rights, labor and anti-corruption. <\/p>\n<p>&#8220;At LyondellBasell, we have a culture of accomplishing goals through what we call &#8216;the power of many.&#8217; Addressing the challenges facing our world will require global commitment and collaboration between the private sector, NGOs and governments,&#8221; said <span class=\"xn-person\">Bob Patel<\/span>, CEO Of LyondellBasell. &#8220;The goals of the U.N. Global Compact align well with our company&#8217;s focus on eliminating plastic waste in the environment, addressing climate change and supporting a thriving society. We are proud to be part of this important, collective effort.&#8221;\u00a0 <\/p>\n<p>In 2020, LyondellBasell advanced its sustainability agenda by setting ambitious targets for recycled and renewable-based polymers, progressing on the goal of zero polymer pellet loss from operations and transportation and starting up the<i>\u00a0MoReTec<\/i>\u00a0molecular recycling pilot plant in Ferrara, <span class=\"xn-location\">Italy<\/span>. In addition, the company is one of the founding members of the Alliance to End Plastic Waste (AEPW), the first global, cross value chain initiative dedicated to eliminating plastic waste in the environment. <\/p>\n<p>For more information about LyondellBasell&#8217;s sustainability efforts, visit the <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3008429-1&amp;h=2598993902&amp;u=http%3A%2F%2Fwww.lyb.com%2Fsustainability&amp;a=company%27s+sustainability+page\" rel=\"nofollow noopener noreferrer\">company&#8217;s sustainability page<\/a>. For more information on the company&#8217;s involvement as a participant of the initiative, visit the company&#8217;s profile page on the <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3008429-1&amp;h=2077124866&amp;u=https%3A%2F%2Fwww.unglobalcompact.org%2Fwhat-is-gc%2Fparticipants%2F142511-LyondellBasell&amp;a=UN+Global+Compact+website\" rel=\"nofollow noopener noreferrer\">UN Global Compact website<\/a>. <\/p>\n<p>\n        <b>About LyondellBasell<\/b>\n      <\/p>\n<p>LyondellBasell (NYSE: LYB) is one of the largest plastics, chemicals and refining companies in the world. Driven by its employees around the globe, LyondellBasell produces materials and products that are key to advancing solutions to modern challenges like enhancing food safety through lightweight and flexible packaging, protecting the purity of water supplies through stronger and more versatile pipes, improving the safety, comfort and fuel efficiency of many of the cars and trucks on the road, and ensuring the safe and effective functionality in electronics and appliances. LyondellBasell sells products into more than 100 countries and is the world&#8217;s largest producer of polymer compounds and the largest licensor of polyolefin technologies. LyondellBasell offers a circular product portfolio that provides customers with solutions to increase recycled plastic content in their applications with high quality mechanically recycled polymers. In 2020, LyondellBasell was named for the third consecutive year to Fortune magazine&#8217;s list of the &#8220;World&#8217;s Most Admired Companies.&#8221; More information about LyondellBasell can be found at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3008429-1&amp;h=484076729&amp;u=https%3A%2F%2Feur01.safelinks.protection.outlook.com%2F%3Furl%3Dhttp%253A%252F%252Fwww.lyondellbasell.com%252F%26data%3D04%257C01%257Claurent.gerbet%2540suez.com%257C66551dfda3454d9a440408d88fd0f719%257Cf4a12867922d4b9dbb859ee7898512a0%257C0%257C0%257C637417474953449933%257CUnknown%257CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%253D%257C1000%26sdata%3DW5OqAE0FxqAUxLf1XksCunklscTa3FEe8KgEW3b0Tc4%253D%26reserved%3D0&amp;a=www.LyondellBasell.com\" rel=\"nofollow noopener noreferrer\">www.LyondellBasell.com<\/a>. <\/p>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder3760\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/562522\/LyondellBasell_Advancing_Possible_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/562522\/LyondellBasell_Advancing_Possible_Logo.jpg\" title=\"LyondellBasell (PRNewsfoto\/LyondellBasell)\" alt=\"LyondellBasell (PRNewsfoto\/LyondellBasell)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder0\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DA19353&amp;sd=2020-12-10\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/lyondellbasell-joins-the-united-nations-global-compact-301190159.html\">http:\/\/www.prnewswire.com\/news-releases\/lyondellbasell-joins-the-united-nations-global-compact-301190159.html<\/a><\/p>\n<p>SOURCE  LyondellBasell Industries<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DA19353&amp;Transmission_Id=202012100800PR_NEWS_USPR_____DA19353&amp;DateId=20201210\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire HOUSTON, Dec. 10, 2020 \/PRNewswire\/ &#8212; LyondellBasell (NYSE: LYB) one of the world&#8217;s largest plastics, chemicals and refining companies today announced it has joined the United Nations (U.N.) Global Compact, the world&#8217;s largest corporate sustainability initiative. Under the U.N. Global Compact, signatories are encouraged to align their operations and strategies with key principles on human rights, labor and anti-corruption. &#8220;At LyondellBasell, we have a culture of accomplishing goals through what we call &#8216;the power of many.&#8217; Addressing the challenges facing our world will require global commitment and collaboration between the private sector, NGOs and governments,&#8221; said Bob Patel, CEO Of LyondellBasell. &#8220;The goals of the U.N. Global Compact align well with our company&#8217;s focus on eliminating plastic waste &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lyondellbasell-joins-the-united-nations-global-compact\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;LyondellBasell joins the United Nations Global Compact&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-397257","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>LyondellBasell joins the United Nations Global Compact - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lyondellbasell-joins-the-united-nations-global-compact\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LyondellBasell joins the United Nations Global Compact - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire HOUSTON, Dec. 10, 2020 \/PRNewswire\/ &#8212; LyondellBasell (NYSE: LYB) one of the world&#8217;s largest plastics, chemicals and refining companies today announced it has joined the United Nations (U.N.) Global Compact, the world&#8217;s largest corporate sustainability initiative. Under the U.N. Global Compact, signatories are encouraged to align their operations and strategies with key principles on human rights, labor and anti-corruption. &#8220;At LyondellBasell, we have a culture of accomplishing goals through what we call &#8216;the power of many.&#8217; Addressing the challenges facing our world will require global commitment and collaboration between the private sector, NGOs and governments,&#8221; said Bob Patel, CEO Of LyondellBasell. &#8220;The goals of the U.N. 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Global Compact, the world&#8217;s largest corporate sustainability initiative. Under the U.N. Global Compact, signatories are encouraged to align their operations and strategies with key principles on human rights, labor and anti-corruption. &#8220;At LyondellBasell, we have a culture of accomplishing goals through what we call &#8216;the power of many.&#8217; Addressing the challenges facing our world will require global commitment and collaboration between the private sector, NGOs and governments,&#8221; said Bob Patel, CEO Of LyondellBasell. &#8220;The goals of the U.N. 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