Friday 29 October 2021

Shell to halve emissions by 2030

Shell has unveiled plans to halve the absolute emissions from its operations by 2030, compared to 2016 levels.

The new target will cover its Scope 1 and 2 emissions, those from its production sites and the energy it buys.

It will not include Scope 3, the emissions created by customers using its products.

Publishing its third-quarter results, the energy giant said it has generated record cash flow from the sale of its Permian assets.

Royal Dutch Shell Chief Executive Officer Ben Van Beurden said: "This is clear evidence of how we are accelerating our Powering Progress strategy, purposefully and profitably."