CEO: Peter Voser; Revenue:$460 Billion (2012); Employees: 87,000 (2012)
Shell is a global group of energy and petrochemical companies. Shell is headquartered in The Hague, the Netherlands. The parent company of the Shell group is Royal Dutch Shell plc, which is incorporated in England and Wales.
Climate and Energy Targets
In 2010, Shell met its voluntary target set in 1998 for direct GHG emissions from facilities it operates to be at least 5% lower than its comparable 1990 level. Shell’s GHG emissions in 2010 were around 25% lower than its comparable 1990 level. A subsequent voluntary target has not been set.
Did You Know?
"Making greenhouse gas reduction integral to our business processes will allow us to create value in a world where carbon emissions have a cost, as well as fulfilling our responsibilities to society. An important step is working with those who share this vision to develop commercial technologies, methods and products for reducing our own and our customers' greenhouse gas emissions." – CEO, Royal Dutch/Shell
Demand for energy is growing incredibly fast. Meeting it while limiting CO2 emissions is a global challenge. But the world can make choices now to help achieve this. One approach is to use more natural gas, the cleanest-burning fossil fuel, instead of coal. Another vital step is developing carbon capture and storage technology, which captures CO2 emissions emitted by power plants and industry and stores them safely underground. Out on the road, more efficient cars and low-carbon biofuels offer the most practical way to reduce vehicle emissions. Shell is working on all of these areas and using its expertise to help meet customer needs into the future.
Shell's proposed Carbon Capture and Storage Project, called Quest, will capture more than one million tonnes of CO2 per year from the Scotford Upgrader in Alberta, Canada and store it deep underground, beneath several layers of impermeable rock layers. The Quest Project will be the first CCS Project to be implemented at an oil sands upgrading operation.
Climate and Sustainability Rankings and Recognition