How we create value
We aim to meet the world’s growing need for more and sustainable energy solutions in ways that are economically, environmentally and socially responsible. Our Powering Progress strategy is designed to create value for our shareholders, customers and wider society.
Brand value
Value of Shell brand ($ billion) [F]: 48
2021: 50
How we create value
Energy use

Our inputs [A]
Financial capital
190 ($ billion)
Equity attributable to Shell plc shareholders [B]
2021: 172 ($ billion)
75 ($ billion)
Non-current debt [B]
2021: 81 ($ billion)
45 ($ billion)
Net debt [B][C]
2021: 53 ($ billion)
270 ($ billion)
Average capital employed [B]
2021: 265 ($ billion)
25 ($ billion)
Cash capital expenditure [C]
2021: 20 ($ billion)
Operations
96%
Refining and chemicals availability
2021: 96%
2,864 (kboe/d)
Oil & gas production available for sale
2021: 3,237 (kboe/d)
30 (million tonnes)
LNG liquefaction volumes
2021: 31 (million tonnes)
People
93,000
Number of employees [B][D]
2021: 83,000
266,000
Number of training days
2021: 271,000
Customers, joint arrangements, government relations, suppliers.
>70
Operating countries [B]
2021: >70
1,075 ($ million)
Research and development expenses
2021: 815 ($ million)
10,788
Number of patents [B][E]
2021: 8,532
Natural resources
9,578 (million boe)
Proved oil and gas reserves [B]
2021: 9,365 (million boe)
199 (million MWh)
Energy consumed
2021: 233 (million MWh)