Shell and the energy transition

The Paris Agreement has sent a signal around the world. A new energy system is emerging. It will unfold over decades, moving at different paces in different places. The transition offers challenges, opportunities and tough choices for governments, businesses and customers.

The Shell Energy Transition Report sets out why we believe Shell will be resilient to expected changes in the energy system and how our strategy should allow us to thrive as the world transitions to lower-carbon energy. As well as describing Shell’s understanding of the transition, it provides information about our medium-term resilience, and examples of how we are already active in many of the growth areas that will drive our continued success.

Container ship in habour

For Shell, this means that we will continue to sell the oil and gas that society needs, while preparing our portfolio to move into lower-carbon energy, when this makes commercial sense. We believe Shell’s strategy, portfolio and strong financial framework give us the ability to thrive through potential changes to the energy system to 2030.

Power Generating Windmills and Electricity pylon

In the medium-term, Shell will grow its business in areas it expects to be important in the energy transition, while reducing costs and improving our CO2-intensity performance. We are expanding in the power market as we expect the energy system to increasingly electrify. We are also adjusting our businesses to meet changing demand in different countries. This includes investments in areas such as wind generation in the Netherlands, supplying power to retail customers in the UK and offering hydrogen and electric-car charging in European markets.

Battery electric vehicle.

Longer term, there is great uncertainty, but we believe Shell’s strategic flexibility will allow us to adapt in step with society. The Shell Energy Transition Report describes Shell’s intent to move in step with society towards a lower-carbon future. It describes our previously-stated ambition to halve the Net Carbon Footprint of the energy we sell by 2050.

The Shell Energy Transition Report responds to society’s request for greater transparency on climate-related risks and, as such, is our principal response to recommendations of the Task Force for Climate-related Financial Disclosures (TCFD).

The TCFD is a global initiative to encourage companies across all sectors to assess the risks and opportunities presented by climate change. It recommends that companies disclose information in four areas: governance; strategy; risk management; and targets and metrics. Shell supports the work and objectives of TCFD. In this report we provide the information investors need to assess our strategy and performance.

More in Energy and Innovation

Sky scenario

The Sky scenario illustrates a technically possible, but challenging pathway for society to achieve the goals of the Paris Agreement.

Shell Scenarios

Shell Scenarios ask “what if?” questions about the future. They help us, governments and academia understand possibilities and uncertainties ahead.

You may also be interested in

Annual Reports and publications

The 2018 Annual Report and Form 20-F, the 2018 Sustainability Report and the 2018 Investors' Handbook are now available for online reading and as PDF download.

99久久免费热在线喷潮白浆直流视频在线_久久re6热在线喷潮白浆直流视频在线视频_久久99re热在线播放 喷潮白浆直流视频在线,喷潮白浆直流视频在线喷潮白浆直流视频在线,这里只有喷潮白浆直流视频在线-手机喷潮白浆直流视频在线 亚洲+欧美+国产+喷潮白浆直流视频在线_喷潮白浆直流视频在线在线_大香焦在线官网 大喷潮白浆直流视频在线在线,大喷潮白浆直流视频在线在线播放 老司机福利影院_老司机资源喷潮白浆直流视频在线 喷潮白浆直流视频在线网站_喷潮白浆直流视频在线喷潮白浆直流视频在线 思思热喷潮白浆直流视频在线_思思热喷潮白浆直流视频在线免费 日本无码不卡高清免费v 青喷潮白浆直流视频在线喷潮白浆直流视频在线 超 喷潮白浆直流视频在线 喷潮白浆直流视频在线喷潮白浆直流视频在线青青青免费喷潮白浆直流视频在线久