Sustainability Report: Supporting a Thriving Society with DEI Initiatives

The LYB Podcast

Welcome to the LYB podcast series, where we discuss the 2023 Sustainability Report titled Everyday Sustainability. In this third episode of our three-part series, we focus on the crucial challenge of supporting a thriving society through Diversity, Equity and Inclusion (DEI) initiatives.

Our guest, LYB Chief DEI Officer Kyle Pierce, shares his remarkable career journey that spanned 77 countries in five years, leading him to his current role. Kyle delves into the challenges and triumphs he faced while convincing people of the company's commitment to DEI, the importance of coming out to his boss, and the pivotal moments that led him to embrace DEI as a career path.

Throughout the episode, Kyle discusses the company's DEI initiatives, including the formation of employee networks, the integration of DEI into corporate values and competencies, and the measurable achievements that underscore their commitment. He also addresses common misconceptions about DEI, emphasizing that it is about equity and inclusion for all employees, not just specific groups.

Join us as Kyle offers valuable insights and advice for those navigating similar journeys, highlighting the importance of being open to new opportunities and the courage to be oneself in the workplace. This episode is a testament to the transformative power of DEI in creating a supportive and inclusive work environment.

Read the full LYB sustainability report on LYB.com and stay updated with all related news and future podcast episodes.
Connect with us on social media:
LinkedIn: LyondellBasell
Facebook: LyondellBasell
Instagram: LyondellBasell
X: @LyondellBasell

LEGAL DISCLAIMER FOR FORWARD-LOOKING STATEMENTS:

The statements in this podcast relating to matters that are not historical facts are forward-looking statements. These forward-looking statements are based upon assumptions of management of LyondellBasell which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. Actual results could differ materially based on factors including, but not limited to, market conditions, the business cyclicality of the chemical, polymers and refining industries; the availability, cost and price volatility of raw materials and utilities, particularly the cost of oil, natural gas, and associated natural gas liquids; our ability to successfully implement initiatives identified pursuant to our Value Enhancement Program and generate anticipated earnings; competitive product and pricing pressures; labor conditions; our ability to attract and retain key personnel; operating interruptions (including leaks, explosions, fires, weather-related incidents, mechanical failure, unscheduled downtime, supplier disruptions, labor shortages, strikes, work stoppages or other labor difficulties, transportation interruptions, spills and releases and other environmental risks); the supply/demand balances for our and our joint ventures’ products, and the related effects of industry production capacities and operating rates; our ability to manage costs; future financial and operating results; benefits and synergies of any proposed transactions; receipt of required regulatory approvals and the satisfaction of closing conditions for our proposed transactions; final investment decision and the construction and operation of any proposed facilities described; our ability to align our assets and expand our core; legal and environmental proceedings; tax rulings, consequences or proceedings; technological developments, and our ability to develop new products and process technologies; our ability to meet our sustainability goals, including the ability to operate safely, increase production of recycled and renewable-based polymers to meet our targets and forecasts, and reduce our emissions and achieve net zero emissions by the time set in our goals; our ability to procure energy from renewable sources; our ability to build a profitable Circular & Low Carbon Solutions business; the continued operation of and successful shut down and closure of the Houston Refinery, including within the expected timeframe; potential governmental regulatory actions; political unrest and terrorist acts; risks and uncertainties posed by international operations, including foreign currency fluctuations; and our ability to comply with debt covenants and to repay our debt. Additional factors that could cause results to differ materially from those described in the forward-looking statements can be found in the “Risk Factors” section of our Form 10-K for the year ended December 31, 2023, which can be found at www.LyondellBasell.com on the Investor Relations page and on the Securities and Exchange Commission’s website at www.sec.gov. There is no assurance that any of the actions, events or results of the forward-looking statements will occur, or if any of them do, what impact they will have on our results of operations or financial condition. Forward-looking statements speak only as of the date they were made and are based on the estimates and opinions of management of LyondellBasell at the time the statements are made. LyondellBasell does not assume any obligation to update forward-looking statements should circumstances or management’s estimates or opinions change, except as required by law.