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Shell plc

Shell plc

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Company Name: Shell plc

About Shell plc:

Shell plc, commonly known as Shell, is a British multinational oil and gas company headquartered in London, United Kingdom. It is one of the oil and gas "supermajors" and operates in over 70 countries. Shell is involved in every area of the oil and gas industry, including exploration, production, refining, transport, distribution, and marketing of oil and gas, as well as petrochemicals, power generation, and trading.

Sustainability at Shell plc:

  • Shell has committed to becoming a net-zero emissions energy business by 2050, in step with society's progress towards the Paris Agreement goal on climate change.
  • The company has set short-term targets to reduce the carbon intensity of the energy products it sells, aiming for a reduction of 6-8% by 2023, 20% by 2030, 45% by 2035, and 100% by 2050.
  • Shell publishes an annual Sustainability Report that outlines its environmental, social, and governance (ESG) performance and targets.
  • Shell is investing in renewable energy sources such as wind and solar, as well as in new fuels for transport, such as advanced biofuels and hydrogen.
  • The company is also focusing on carbon capture and storage (CCS) technologies to reduce emissions from its operations.

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