Sustainability governance

We have comprehensive governance structures throughout Shell, along with performance standards and other controls. These include the Shell General Business Principles, our Code of Conduct and our Health, Safety, Security, Environment and Social Performance (HSSE & SP) Control Framework. They influence the decisions made and actions taken across Shell.

The Safety, Environment and Sustainability Committee (SESCo) is one of four standing committees of the Board of Directors of Shell plc. The overall role of SESCo is to assist the Board in reviewing the policies, practices, targets and performance of Shell, primarily with respect to safety, environment including climate change, and broader sustainability.

In 2022, SESCo held five meetings. The topics discussed in depth by the Committee included personal and process safety, environmental issues, Shell’s energy transition targets, remuneration metrics and the challenges faced by Shell companies in Nigeria.

The Committee also reviewed wider matters of public concern such as plastic waste, methane emissions, the flaring of natural gas, water scarcity, just transition, human rights, diversity and inclusion, and access to energy in low- and middle-income countries. The Committee engaged with external stakeholders on the topic of nature-based solutions and gained valuable insights on how Shell’s approach is perceived.

SESCo continued to monitor Shell’s approach to the health of its employees and contractors, in terms of mental well-being in particular. The Committee also continued to review the security risks faced by Shell and how these risks are being proactively managed.

Read more about SESCo and how Shell manages sustainability at www.shell.com/sustainability/our-approach/governance and in our 2022 Annual Report.