“Our position on climate change is well known; recognizing the climate challenge and the role energy has in enabling a decent quality of life. Shell continues to call for effective policy to support lower carbon business and consumer choices and opportunities such as government lead carbon pricing/trading schemes. Today, Shell generally applies a $40 per tonne of CO2 internal project screening value to project decision-making and has developed leadership positions in natural gas and sugarcane ethanol..

[In] November 2017, Shell announced its ambition to cut the net carbon footprint of its energy products ...by around half by 2050. As an interim step, by 2035 we aim to reduce it by around 20%.

We will do this in step with society’s drive to align with the Paris goals, and we will do it by taking into account the net carbon footprint of the full range of Shell emissions, from our operations and from the consumption of our products.

Tackling climate change is a cross-generational, global and multi-faceted effort. This is a challenge for the whole planet, for all of society, for customers, for governments and indeed for businesses...We are committed to play our part.”