{"organism":"Page","children":[{"organism":"Container.Raw","children":[{"organism":"Metadata","color":"brand1-solid","model":{"title":"Resource use and circular economy","text":"\u003Cp\u003EWe aim to use water and other resources efficiently, and to increase our reuse and recycling.\u003C/p\u003E\r\n\r\n\r\n\r\n\r\n","links":[{"name":"Resource use and circular economy","value":"https://www.shell.com/what-we-do/our-strategy/sustainability/environment/resource-use-and-circular-economy.html"}],"image":{"src":"https://www.shell.com/what-we-do/our-strategy/sustainability/environment/resource-use-and-circular-economy/_jcr_content/root/metadata.shellimg.jpeg/1742581508569/groundbirch-canada.jpeg","alt":"groundbirch canada","width":6940,"height":3932},"tags":[{"name":"Driving circular economy","value":"shell:business/sustainability/driving-circular-economy"},{"name":"Protecting biodiversity","value":"shell:business/sustainability/protecting-biodiversity"},{"name":"Conserving water resources","value":"shell:business/sustainability/conserving-water-resources"},{"name":"Reduce air emissions","value":"shell:business/sustainability/reduce-air-emissions"}]},"id":"/content/shell/corporate/global/en_gb/what-we-do/our-strategy/sustainability/environment/resource-use-and-circular-economy/jcr_content/root/metadata"},{"organism":"ContentOwner","color":"brand1-solid","model":{},"id":"/content/shell/corporate/global/en_gb/what-we-do/our-strategy/sustainability/environment/resource-use-and-circular-economy/jcr_content/root/contentowner"},{"organism":"Container.Header","children":[{"organism":"Container.Raw","ref":"https://www.shell.com/_jcr_content/root/header/inherited.model.json","id":"/content/shell/corporate/global/en_gb/what-we-do/our-strategy/sustainability/environment/resource-use-and-circular-economy/jcr_content/root/header/inherited","model":{}},{"organism":"Breadcrumb","model":{"links":[{"name":"Home","value":"https://www.shell.com/"},{"name":"What we do","value":"https://www.shell.com/what-we-do.html"},{"name":"Our strategy","value":"https://www.shell.com/what-we-do/our-strategy.html"},{"name":"Sustainability","value":"https://www.shell.com/what-we-do/our-strategy/sustainability.html"},{"name":"Environment","value":"https://www.shell.com/what-we-do/our-strategy/sustainability/environment.html"},{"name":"Resource use and circular economy","value":"https://www.shell.com/what-we-do/our-strategy/sustainability/environment/resource-use-and-circular-economy.html"}]},"id":"/content/shell/corporate/global/en_gb/what-we-do/our-strategy/sustainability/environment/resource-use-and-circular-economy/jcr_content/root/header/breadcrumb"}],"id":"/content/shell/corporate/global/en_gb/what-we-do/our-strategy/sustainability/environment/resource-use-and-circular-economy/jcr_content/root/header","model":{}},{"organism":"Container.Main","children":[{"organism":"Container.Section","children":[{"organism":"PageHeader","color":"brand2","model":{"title":"Resource use and circular economy","text":"\u003Cp\u003EWe aim to use water and other resources efficiently, and to increase our reuse and recycling.\u003C/p\u003E\r\n"},"id":"/content/shell/corporate/global/en_gb/what-we-do/our-strategy/sustainability/environment/resource-use-and-circular-economy/jcr_content/root/main/section_1502912847/item"},{"organism":"Container","children":[{"organism":"CallToAction.Stacked","color":"brand1-subtle","id":"/content/experience-fragments/shell/corporate/annual-report-and-accounts-2024/jcr_content/root/call_to_action_copy_","model":{"links":[{"name":"Download our Annual Report and Accounts 2025 to read our key sustainability-related information","value":"https://www.shell.com/investors/results-and-reporting/annual-report.html","icon":"/content/dam/shell/icons/global/navigation/chevron-right-circle-solid.svg"}]}}],"id":"/content/shell/corporate/global/en_gb/what-we-do/our-strategy/sustainability/environment/resource-use-and-circular-economy/jcr_content/root/main/section_1502912847/experience_fragment_","model":{}},{"organism":"PromoSimple.Text","color":"brand1-subtle","colspan":6,"id":"/content/shell/corporate/global/en_gb/what-we-do/our-strategy/sustainability/environment/resource-use-and-circular-economy/jcr_content/root/main/section_1502912847/text","model":{"title":"Waste and circularity","text":"\u003Cp\u003EOur businesses are continuing their efforts to address the waste we generate and working to identify options to increase circular approaches.\u003C/p\u003E\n\u003Cp\u003EOur SEAM Standards require our assets, projects or businesses to develop strategies to identify circularity-related risks and opportunities. Through this, we aim to encourage the development of fit-for-purpose objectives and strategies based on the principles of rethink, refuse, reduce, reuse, recycle and repair.\u003C/p\u003E\n\u003Cp\u003EBetween 2021 and 2024, we have completed detailed assessments across our businesses to better understand the types of waste we generate and identify options to increase circular approaches. Using these results, our assets are improving local waste management practices by prioritising waste prevention, reuse and recycling over energy recovery and disposal.\u003C/p\u003E\n"}},{"organism":"StandaloneAsset","color":"inherited","colstart":7,"colspan":6,"id":"/content/shell/corporate/global/en_gb/what-we-do/our-strategy/sustainability/environment/resource-use-and-circular-economy/jcr_content/root/main/section_1502912847/standalone_asset","model":{"image":{"src":"https://www.shell.com/what-we-do/our-strategy/sustainability/environment/resource-use-and-circular-economy/_jcr_content/root/main/section_1502912847/standalone_asset.shellimg.jpeg/1741942486129/groundbirch-canada.jpeg","width":6989,"height":3932}}},{"organism":"PromoSimple.Text","color":"brand1-subtle","id":"/content/shell/corporate/global/en_gb/what-we-do/our-strategy/sustainability/environment/resource-use-and-circular-economy/jcr_content/root/main/section_1502912847/text_1058100193","model":{"title":"Plastics","text":"\u003Cp\u003EShell supports the need for improved circularity of the global plastics market. We encourage reduction, reuse and recycling of plastics and are a founding member of the \u003Ca href=\"https://www.endplasticwaste.org/?vid=e51ea0a87828408f9c3db4d134869dc3\" target=\"_blank\" rel=\"noopener noreferrer\"\u003EAlliance to End Plastic Waste\u003C/a\u003E, which helps governments to assess and improve waste collection and waste management. We are working with partners across the plastic waste value chain, such as the waste management industry and pyrolysis oil producers, to encourage the development of a more circular value chain.\u003C/p\u003E\r\n\u003Cp\u003ESince 2019, Shell has been processing pyrolysis oil made from mixed plastic waste at the Shell Norco Energy and Chemicals Park in the USA. In 2025, we completed our first full year of production at our new pyrolysis oil upgrader at the Shell Chemicals Park Moerdijk in the Netherlands. The upgrader improves the quality of pyrolysis oil, a liquid made from hard-to-recycle plastic waste, and turns it into chemical feedstock.\u003C/p\u003E\r\n"}},{"organism":"PromoSimple.Text","color":"brand1-subtle","id":"/content/shell/corporate/global/en_gb/what-we-do/our-strategy/sustainability/environment/resource-use-and-circular-economy/jcr_content/root/main/section_1502912847/text_485991433","model":{"title":"Packaging","text":"\u003Cp\u003EWe aim to increase the amount of recycled plastic in Shell-branded packaging to 30% by 2030, based on the reference year of 2022. This aim applies to Shell-branded Mobility car care and Lubricants products.\u003C/p\u003E\n"}},{"organism":"PromoSimple.Text","color":"brand1-subtle","id":"/content/shell/corporate/global/en_gb/what-we-do/our-strategy/sustainability/environment/resource-use-and-circular-economy/jcr_content/root/main/section_1502912847/text_237370642_copy","model":{"title":"Renewable and waste based bio feedstocks","text":"\u003Cp\u003EWe supply low-carbon fuels to help decarbonise harder-to-abate sectors including aviation, marine and commercial road transport.\u003C/p\u003E\n\u003Cp\u003EFor more information, see \u003Ca href=\"https://www.shell.com/business-customers/shell-low-carbon-solutions/sustainable-biofuels.html\" target=\"_self\"\u003ESustainable biofuels\u003C/a\u003E and \u003Ca href=\"https://www.shell.com/what-we-do/low-carbon-fuels.html\" target=\"_self\"\u003ELow carbon fuels\u003C/a\u003E.\u003C/p\u003E\n\u003Cp\u003EOur approach to sourcing renewable components and feedstock is governed by \u003Ca href=\"https://www.shell.com/what-we-do/our-strategy/sustainability/environment/resource-use-and-circular-economy/_jcr_content/root/main/section_1502912847/text_237370642_copy.multi.stream/1745314256445/3edee65071ea194a0f90cf5017f872edde047634/purchasing-policy-statement.pdf\" target=\"_blank\"\u003Eour Policy on Sustainable Sourcing of Biocomponents (PDF, 205 kB)\u003C/a\u003E.\u003C/p\u003E\n"}},{"organism":"PromoSimple.Text","color":"inherited","id":"/content/shell/corporate/global/en_gb/what-we-do/our-strategy/sustainability/environment/resource-use-and-circular-economy/jcr_content/root/main/section_1502912847/text_237370642","model":{"title":"Case study: Turning demolition materials into new opportunities","text":"\u003Cp\u003E\u003Cb\u003ELocation:\u003C/b\u003E Philippines\u003C/p\u003E\r\n\u003Cp\u003E\u003Cb\u003EKey facts:\u003C/b\u003E 99% of demolition materials repurposed and $1.45 mln generated from demolition materials sold for reuse\u003C/p\u003E\r\n\u003Cp\u003EIn September 2025, we completed a major project to dismantle and remove redundant assets as part of converting our Tabangao Refinery in the Philippines into a fuel import terminal, helping to meet the country’s growing demand for diesel, petrol, fuel oil and bitumen. The project required the dismantling of pipelines, tanks, buildings and other structures. To capture value, the team adopted a circular approach to material management. Construction debris from the demolition was repurposed for local community infrastructure. The team also recovered and sold around 11,000 tonnes of metal, more than one and a half times the steel used to build the Eiffel Tower, for reuse. By integrating circular practices into project delivery, the team achieved a 99% repurposing rate for the total weight of demolished materials and generated $1.45 million in value from recovered materials given a second life. The result reflects Shell’s ongoing efforts to increase reuse and support local communities while lowering project costs.\u003C/p\u003E\r\n"}}],"id":"/content/shell/corporate/global/en_gb/what-we-do/our-strategy/sustainability/environment/resource-use-and-circular-economy/jcr_content/root/main/section_1502912847","model":{}},{"organism":"Container.Section","color":"brand1-subtle","children":[{"organism":"PromoCard","color":"brand2","model":{"title":"Water","text":"\u003Cp\u003EWe are implementing water stewardship principles across our businesses and developing water stewardship management plans. This includes focusing on the sustainable management of fresh water resources, particularly in water-stressed areas.\u003C/p\u003E\r\n","links":[{"name":"Water","value":"https://www.shell.com/what-we-do/our-strategy/sustainability/environment/water.html"}],"image":{"src":"https://www.shell.com/what-we-do/our-strategy/sustainability/environment/water/_jcr_content/root/metadata.shellimg.jpeg/1742827678973/water-updated.jpeg","alt":"Water","width":7996,"height":4513}},"colspan":4,"id":"/content/shell/corporate/global/en_gb/what-we-do/our-strategy/sustainability/environment/resource-use-and-circular-economy/jcr_content/root/main/section_956468930_co/promo_copy_copy_copy_209326463"},{"organism":"PromoCard","color":"brand2","model":{"title":"Biodiversity and ecosystems","text":"\u003Cp\u003EWe aim to manage the impact of our activities on the environment and to make a positive contribution to biodiversity in our operations.\u003C/p\u003E\r\n","links":[{"name":"Biodiversity and ecosystems","value":"https://www.shell.com/what-we-do/our-strategy/sustainability/environment/biodiversity-and-ecosystems.html"}],"image":{"src":"https://www.shell.com/what-we-do/our-strategy/sustainability/environment/biodiversity-and-ecosystems/_jcr_content/root/metadata.shellimg.jpeg/1741946845665/biodiversity.jpeg","alt":"forest aerial view ","width":3840,"height":2160}},"colspan":4,"id":"/content/shell/corporate/global/en_gb/what-we-do/our-strategy/sustainability/environment/resource-use-and-circular-economy/jcr_content/root/main/section_956468930_co/promo_copy_copy"},{"organism":"PromoCard","color":"brand2","model":{"title":"Air, soil and groundwater","text":"We seek to manage the impact of our operations on air quality, water quality and soil and groundwater resources, while complying with applicable regulations.","links":[{"name":"Air, soil and groundwater","value":"https://www.shell.com/what-we-do/our-strategy/sustainability/environment/air-soil-and-groundwater.html"}],"image":{"src":"https://www.shell.com/what-we-do/our-strategy/sustainability/environment/air-soil-and-groundwater/_jcr_content/root/metadata.shellimg.jpeg/1742311494357/groundbirch-canada-2022.jpeg","alt":"Air, soil and groundwater","width":6956,"height":3915}},"colspan":4,"id":"/content/shell/corporate/global/en_gb/what-we-do/our-strategy/sustainability/environment/resource-use-and-circular-economy/jcr_content/root/main/section_956468930_co/promo_copy_copy_copy"},{"organism":"Container","children":[{"organism":"Container.List","children":[{"organism":"AccordionItem","color":"inherited","id":"/content/experience-fragments/shell/corporate/cautionary-note/cautionary-note-global/jcr_content/root/list/list_item_copy_copy","model":{"title":"Cautionary note","text":"\u003Cp class=\"MsoNormal\" style=\"margin-bottom: 0cm; line-height: normal;\"\u003EThe companies in which Shell plc directly and indirectly owns investments are separate legal entities. In this content “Shell”, “Shell Group” and “Group” are sometimes used for convenience to reference Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to Shell plc and its subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this content refer to entities over which Shell plc either directly or indirectly has control. The terms “joint venture”, “joint operations”, “joint arrangements”, and “associates” may also be used to refer to a commercial arrangement in which Shell has a direct or indirect ownership interest with one or more parties. The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest.\u003C/p\u003E\n\u003Cp class=\"MsoNormal\" style=\"margin-bottom: 0cm; line-height: normal;\"\u003E\u003Cstrong\u003EForward-Looking statements\u003C/strong\u003E\u003C/p\u003E\n\u003Cp\u003EThis \u003Cstrong\u003Econtent\u003C/strong\u003E contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions, including (without limitation) those concerning Shell’s strategy and operating plans, macroeconomic conditions, future energy demand, supply and product mix, commodity prices, demand for Shell’s products, production results and reserve estimates, development, execution and management of projects, energy transition and climate change, management of safety and environmental risks, costs, cash capital expenditures, technology advancements, legislative, judicial, fiscal and regulatory developments, regional conflicts and trading conditions, and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as “aim”; “ambition”; ‘‘anticipate’’; “aspire”, “aspiration”, ‘‘believe’’; “commit”; “commitment”; ‘‘could’’; “desire”; ‘‘estimate’’; ‘‘expect’’; ‘‘goals’’; ‘‘intend’’; ‘‘may’’; “milestones”; ‘‘objectives’’; ‘‘outlook’’; ‘‘plan’’; ‘‘probably’’; ‘‘project’’; ‘‘risks’’; “schedule”; ‘‘seek’’; ‘‘should’’; ‘‘target’’; “vision”; ‘‘will’’; “would” and similar terms and phrases. There are a number of factors that could affect the future operations of Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this content, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks, including climate change; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, judicial, fiscal and regulatory developments including tariffs and regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; (m) risks associated with the impact of pandemics, regional conflicts, such as the Russia-Ukraine war and the conflict in the Middle East, and a significant cyber security, data privacy or IT incident; (n) the pace of the energy transition; and (o) changes in trading conditions. No assurance is provided that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this content are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Shell plc’s Form 20-F for the year ended December 31, 2025 (available at \u003Ca href=\"https://www.shell.com/investors/news-and-filings/sec-filings.html\"\u003Ewww.shell.com/investors/news-and-filings/sec-filings.html\u003C/a\u003E and \u003Ca href=\"http://www.sec.gov\"\u003Ewww.sec.gov\u003C/a\u003E). These risk factors also expressly qualify all forward-looking statements contained in this content\u003Cstrong\u003E \u003C/strong\u003Eand should be considered by the reader. Each forward-looking statement speaks only as of the date of this content. Neither Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this content.\u003C/p\u003E\n\u003Cp\u003E\u003Cstrong\u003EShell’s net carbon intensity and net-zero emissions target\u003C/strong\u003E\u003C/p\u003E\n\u003Cp class=\"MsoNormal\" style=\"margin-bottom: 0cm; line-height: normal;\"\u003EIn this content\u003Cstrong\u003E \u003C/strong\u003Ewe may refer to Shell’s “net carbon intensity” (NCI), which includes Shell’s carbon emissions from the production of our energy products, our suppliers’ carbon emissions in supplying energy for that production and our customers’ carbon emissions associated with their use of the energy products we sell. Shell’s NCI also includes the emissions associated with the production and use of energy products produced by others which Shell purchases for resale. Shell only controls its own emissions. The use of the terms Shell’s “net carbon intensity” or NCI is for convenience only and not intended to suggest these emissions are those of Shell plc or its subsidiaries.\u003C/p\u003E\n\u003Cp class=\"MsoNormal\" style=\"margin-bottom: 0cm; line-height: normal;\"\u003EShell’s operating plan and outlook are forecasted for a three-year period and ten-year period, respectively, and are updated every year. They reflect the current economic environment and what we can reasonably expect to see over the next three and ten years. Accordingly, the outlook reflects our combined Scope 1 and 2 target, NCI target and our oil products ambition over the next ten years. However, Shell’s operating plan and outlook cannot reflect our 2050 net-zero emissions target, as this target is outside our planning period. Such future operating plans and outlooks could include changes to our portfolio, efficiency improvements and the use of carbon capture and storage and carbon credits. In the future, as society moves towards net-zero emissions, we expect Shell’s operating plans and outlooks to reflect this movement. However, if society is not net zero in 2050, as of today, there would be significant risk that Shell may not meet this target.\u003C/p\u003E\n\u003Cp class=\"MsoNormal\" style=\"margin-bottom: 0cm; line-height: normal;\"\u003E\u003Cspan lang=\"EN-GB\" style=\"font-size: 10.5pt; mso-ansi-language: EN-GB; mso-bidi-font-weight: bold;\"\u003EThe information provided above regarding Shell’s NCI and net zero emissions target are not intended, nor should they be construed as introducing, suggesting or making any claim, target or representation thereof other than what is included in the \u003C/span\u003Econtent.\u003C/p\u003E\n\u003Cp class=\"MsoNormal\" style=\"margin-bottom: 0cm; line-height: normal;\"\u003E\u003Cstrong\u003EForward-Looking non-GAAP measures\u003C/strong\u003E\u003C/p\u003E\n\u003Cp class=\"MsoNormal\" style=\"margin-bottom: 0cm; line-height: normal;\"\u003EThis content may contain certain forward-looking non-GAAP measures such as free cash flow and underlying operating expenses. We are unable to provide a reconciliation of these forward-looking non-GAAP measures to the most comparable GAAP financial measures because certain information needed to reconcile those non-GAAP measures to the most comparable GAAP financial measures is dependent on future events some of which are outside the control of Shell, such as oil and gas prices, interest rates and exchange rates. Moreover, estimating such GAAP measures with the required precision necessary to provide a meaningful reconciliation is extremely difficult and could not be accomplished without unreasonable effort. Non-GAAP measures in respect of future periods which cannot be reconciled to the most comparable GAAP financial measure are calculated in a manner which is consistent with the accounting policies applied in Shell plc’s consolidated financial statements. These forward-looking non-GAAP measures are provided to assist readers in understanding management’s use and expectations of such measures and may not be appropriate for other purposes.\u003C/p\u003E\n\u003Cp class=\"MsoNormal\" style=\"margin-bottom: 0cm; line-height: normal;\"\u003E\u003Cspan lang=\"EN-GB\" style=\"font-size: 10.5pt; mso-ansi-language: EN-GB; mso-bidi-font-weight: bold;\"\u003EThe contents of websites referred to in this \u003C/span\u003Econtent do not form part of this content.\u003C/p\u003E\n\u003Cp class=\"MsoNormal\" style=\"margin-bottom: 0cm; line-height: normal;\"\u003E\u003Cspan lang=\"EN-GB\" style=\"font-size: 10.5pt; mso-ansi-language: EN-GB; mso-bidi-font-weight: bold;\"\u003EWe may have used certain terms, such as resources, in this \u003C/span\u003Econtent that the United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website \u003Cspan lang=\"EN-US\"\u003E\u003Ca href=\"http://www.sec.gov\"\u003Ewww.sec.gov\u003C/a\u003E\u003C/span\u003E.\u003C/p\u003E\n"}}],"id":"/content/experience-fragments/shell/corporate/cautionary-note/cautionary-note-global/jcr_content/root/list","model":{}}],"colstart":3,"colspan":8,"id":"/content/shell/corporate/global/en_gb/what-we-do/our-strategy/sustainability/environment/resource-use-and-circular-economy/jcr_content/root/main/section_956468930_co/experience_fragment_","model":{}}],"id":"/content/shell/corporate/global/en_gb/what-we-do/our-strategy/sustainability/environment/resource-use-and-circular-economy/jcr_content/root/main/section_956468930_co","model":{"title":" More in 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