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Shell's transition in focus [Gas in Transition]

Shell’s recently published strategy outlines what new form the Anglo-Dutch major plans to take in order to prosper during the energy transition. [Gas in Transition, Volume 1, Issue 2] ....

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Shell sets out strategy for net-zero emissions

Following last year's announcement of its ambition to become a net-zero emissions energy business by 2050, oil major Shell now set out details. ....

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MIL-OSI Australia: Shell accelerates drive for net-zero emissions with customer-first strategy

Source: Shell Global
“Our accelerated strategy will drive down carbon emissions and will deliver value for our shareholders, our customers and wider society,” said Royal Dutch Shell Chief Executive Officer, Ben van Beurden.
“We must give our customers the products and services they want and need – products that have the lowest environmental impact. At the same time, we will use our established strengths to build on our competitive portfolio as we make the transition to be a net-zero emissions business in step with society.
“Whether our customers are motorists, households or businesses, we will use our global scale and trusted brand to grow in markets where demand for cleaner products and services is strongest, delivering more predictable cash flows and generating higher returns.” ....

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SHELL ACCELERATES DRIVE FOR NET-ZERO EMISSIONS WITH CUSTOMER-FIRST STRATEGY

The Hague, February 11, 2021 − Shell today set out its strategy to accelerate its transformation into a provider of net-zero emissions energy products and services, powered by growth in its customer-facing businesses. A disciplined cash allocation framework and rigorous approach to driving down carbon emissions will deliver value for shareholders, customers and wider society. Shell also confirmed its expectation that total carbon emissions for the company peaked in 2018, and oil production peaked in 2019.
“Our accelerated strategy will drive down carbon emissions and will deliver value for our shareholders, our customers and wider society,” said Royal Dutch Shell Chief Executive Officer, Ben van Beurden. ....

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