Shell engages with governments, regulators and policymakers to help shape comprehensive policy, legislation and regulation. We advocate our positions on matters which affect us, our employees, customers, shareholders or local communities, in accordance with our values and the Shell General Business Principles.
In the European Union (EU) and the USA, we report expenditure associated with our lobbying activities, which includes estimated percentages of industry association costs, in line with the requirements and guidelines set out in the EU Transparency Register and the US Lobbying Disclosure Act respectively. There are different rules for which costs should be reported in these two submissions and we are required to comply with the appropriate requirements for each jurisdiction. These submissions are publicly available:
- In the EU, Shell’s reported estimated annual costs related to activities covered by the register were €5,500,000 to €5,999,999 in 2022.
- In the USA, Shell’s reported expenses related to lobbying practices were $6,660,000 in 2022.
In 2022, we continued to advocate our policy positions on climate and the energy transition and provided updates about our advocacy on our website. For example, we supported a range of policy measures within the EU’s Fit for 55 package, and supported the US Inflation Reduction Act that contains various clean energy provisions. As well as many other events, we attended the UN Climate Change Conference (COP27) and UN Biodiversity Conference (COP15) as observers, to listen and learn.
Our Climate and Energy Transition Lobbying Report provides an overview of our lobbying in 2022 and that of some of our key industry associations. Read the report and further information about our advocacy and political engagement approach at www.shell.com/advocacy.