Sustainability Committee

“The SUSCO focused on Shell's sustainability performance in 2023, with particular attention given to the sustainability elements of Shell's strategy.“

Catherine J. Hughes

Chair of the Sustainability Committee

Committee membership and attendance for 2023

Catherine J. Hughes

Chair

100% attendance

4 out of 4 possible meetings attended

Member since: November 1, 2017

Neil Carson OBE

Committee member

100% attendance

4 out of 4 possible meetings attended

Member since: June 1, 2019

Bram Schot

Committee member

100% attendance

4 out of 4 possible meetings attended

Member since: October 1, 2020

Jane Holl Lute

Committee member

100% attendance

4 out of 4 possible meetings attended

Member since: May 24, 2022

Leena Srivastava

Committee member

100% attendance

2 out of 2 possible meetings attended

Member since: March 13, 2023

Committee member	Member since	Meetings attended	% of meetings attended
Catherine J. Hughes (Chair)	November 1, 2017	4/4	100%
Neil Carson OBE	June 1, 2019	4/4	100%
Bram Schot	October 1, 2020	4/4	100%
Jane Holl Lute	May 24, 2022	4/4	100%
Leena Srivastava	March 13, 2023	2/2	100%

Purpose

The Sustainability Committee [A] ("SUSCO") assists the Board of Directors in fulfilling its responsibilities by reviewing the progress of Shell with respect to sustainability and reviewing the non-financial elements of Shell's Powering Progress strategy.

^{[A] The Sustainability Committee was previously the Safety, Environment and Sustainability Committee.}

Overview

The SUSCO meets regularly to review and discuss a wide range of topics, which include progress on Shell's Powering Progress strategic themes of net zero emissions, respecting nature and powering lives.

The SUSCO also reviews selected sustainability topics and matters of public concern, such as biodiversity and plastic waste.

As directed by the Board, the SUSCO provides input to Shell's annual reporting and disclosures on energy transition and sustainability.

The SUSCO also reviews and considers external stakeholder perspectives on sustainability issues of relevance to the Group's businesses.

In line with the strategic importance of the SUSCO's agenda, the Chair of the Board and the CFO attend committee meetings.

Shell's CEO and the EC hold overall accountability for sustainability within Shell. In February 2023, Shell announced the new role of Executive Vice President of Carbon and Sustainability, reporting to the CFO.

Activities

During 2023, the SUSCO refocused its agenda on the areas of greatest strategic importance to Shell, in line with its updated terms of reference. This allowed the SUSCO to more effectively oversee Shell's progress with respect to sustainability.

The SUSCO reviewed the progress made against the non-financial elements of Shell’s Powering Progress strategy, including progress against the ambitions and targets under the goals of achieving net-zero emissions, respecting nature and powering lives.

The sustainability topics and matters of public concern discussed in particular depth by the committee included biodiversity, plastic waste and methane emissions.

The SUSCO provided input to Shell's annual reporting and disclosures on energy transition and sustainability. The SUSCO Chair held meetings during the year with senior leaders to discuss specific topics.

Site visits

The SUSCO visited the Energy and Chemicals Park Rheinland in Germany, in November 2023. The visit included a review of energy transition projects that are part of the site's transformation, a review of operational safety and process safety performance, a tour of the facility, meetings with site staff, and an engagement with the Director General at the Ministry for Economic Affairs, Innovation, Digitalization and Energy of the state of North Rhine-Westphalia.

Two members of the SUSCO visited the Olympus offshore platform in the Gulf of Mexico in April 2023. The visit included a review of safety performance, production operations, the offshore business and Shell's approach to sustainability.