LyondellBasell could be aligned with a 1.5 °C warming scenario by 2030. LyondellBasell aims to achieve Carbon Neutrality by 2050, targeting a 42% reduction in Scope 1 and 2 emissions and a 30% reduction in Scope 3 emissions by 2030, from a 2020 baseline. While Planet Tracker believes LYB is likely to meet its 2030 targets, the company could strengthen its position by enhancing its transparency, especially on financial disclosures related to climate-related risks and the expected impact of its investments on emissions reductions.

This document supports investors wishing to engage with petrochemical companies on the role these companies play in addressing plastic pollution. It provides a guide to advance the five asks investors outlined in the petrochemical investor statement.

SABIC is expected to be on a 2°C pathway by 2030 according to analysis by Planet Tracker. The company aims for carbon neutrality by 2050, targeting a 20% reduction in Scope 1 and 2 GHG emissions by 2030 from a 2018 baseline. However, Planet Tracker’s analysis shows that SABIC lacks a specific Scope 3 emissions target, which accounts for 70% of its footprint, and therefore the company will miss the alignment with the latest Paris Agreement ambition.

In March 2024, Planet Tracker released the Nature Scorecard which identified those companies which are perceived by financial institutions as influential in terms of nature and biodiversity. This update incorporates significant changes and provides developments from the past few months.

中国,作为世界上最大的海洋捕捞国,其远洋捕捞船队在过去三十年间的迅猛增长,对海洋生态环境和社会产生了深远的影响。

本交互式仪表板展示中国远洋渔业企业及其船队的财务概况

No country catches more seafood than China. The massive expansion of China’s distant-water fishing fleet has come with dire environmental and social costs, as the fleet often resorts to extreme ways to enhance its low profitability.

No country catches more seafood than China, whose share of global catches has quadrupled since 1950. However, the massive expansion of China’s distant-water fishing fleet has come with significant environmental and social costs. Planet Tracker’s latest report highlights the urgent need for financial institutions and governments to address these issues and promote sustainability, proposing an ambitious transition funded by a RMB 5.5 billion (USD 759 million) sovereign bond, the ‘Hai Feng’ (ocean abundance) bond.

This interactive dashboard provides a financial overview of the companies and vessels forming the Chinese distant-water fishing fleet.

70 international financial institutions and their representatives with a combined AUM/AUA total of USD 6.8 trillion have signed a collective statement, organised by financial think tank Planet Tracker, calling on petrochemical companies to transition to safe and environmentally sound practices, by reducing fossil fuel dependency and eliminating hazardous chemicals.