Shell Energy Transition Strategy
How are we transforming our business? Read about Shell’s energy transition strategy as we work to become a net-zero emissions energy business by 2050, in step with society’s progress towards the goal of the UN Paris Agreement on climate change.
The Shell Energy Transition Strategy publication aims to help investors and wider society gain a better understanding of how Shell is addressing the risks and opportunities of the energy transition. It shows how we intend to navigate the transition profitably, and in line with our purpose – to power progress together with more and cleaner energy solutions.
Our energy transition strategy is a key part of Shell’s Powering Progress strategy, which aims to accelerate the transition of our business to net-zero emissions, in step with society.
In an industry first, we are putting this Energy Transition Strategy publication to shareholders for an advisory vote. It describes our climate targets, customer-focused decarbonisation strategy, capital allocation and approach to climate-relate policy and advocacy.
We will publish an update to our Energy Transition Strategy publication every three years until 2050. Every year, starting in 2022, we will also seek an advisory vote on our progress towards our plans and targets.
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Shell’s target is to become a net-zero emissions energy business by 2050, in step with society.
Our Annual Report, Sustainability Report, Tax Contribution Report and other annual publications are available online and as PDF download. A printed copy of our Annual Report can be ordered free of charge.