[...] the potential impacts of various possible energytransition pathways and scenarios for changes in societal expectations in relation to climate change. Shell recognises in its strategy that the world is transitioning to a lower-carbon energy system (see “Climate change and energytransition”). [...]
[...] the potential impact of climate change and energytransition, commodity price risk and major trends in the industry. Building on this knowledge, we updated our understanding of Shell’s strategy and business model. This was achieved through enquiry, analytical procedures, observation and visiting [...]
[...] Business model Shell is an international energy company with expertise in the exploration, development, production, refining and marketing of oil and natural gas, as well as in the manufacturing and marketing of chemicals. We are one of the world’s largest independent energy companies in terms [...]
[...] gas will play a key role in the transition to a lower-carbon global energy system over the next few decades, with liquefied natural gas (LNG) shipments playing an increasingly important part. This is one of the driving forces behind our taking the final investment decision in 2018 on LNG Canada, a [...]
[...] are unable to keep pace with society’s energytransition or we are unable to provide the desired low GHG emissions products needed to facilitate society’s energytransition, it could have a material adverse effect on our earnings, cash flows and financial condition. See “Climate change and [...]
Our people
Risk factors
Summary of results
Climate change and energy transition