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Shell online reporting suite 2023

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Sustainability Report 2023

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two men and a woman wearing PPE standing together talking next to a solar panel with wind turbine in the background (photo)
Achieving net-zero emissions Working with our customers and sectors to accelerate the energy transition to net-zero emissions
two men in a field inspecting the long grass (photo)
Respecting nature Protecting the environment, reducing waste and making a positive contribution to biodiversity
mother and daughter cooking together at home in South Africa (photo)
Powering lives Improving people’s lives through our products and activities, and supporting an inclusive society
aerial photo of Shell LNG vessel next to pipeline and shoreline with tug boats around (photo)
Sustainability in our oil and gas activities Aiming to embed sustainability in the exploration, development and production of oil and gas.
group of men wearing PPE having a Safety briefing on a helipad (photo)
Our values Living by our core values and our relentless focus on safety
Smiling Shell employee in PPE with her arms crossed at Shell facility in USA (photo)
Data tables Reporting on the safety of our operations, our impact on the environment and our contribution to communities

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We believe that the actions we take as part of our Powering Progress strategy can help directly contribute to the 13 SDGs below, while indirectly contributing to others. For more examples of how we are contributing to the SDGs, see also www.shell.com/sdgs.

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GRI selection outcome

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Portrait of Shell CEO Wael Sawan (photo)
Letter from the CEO
aerial view of skyscrapper and mother with child on lap using laptop (photo)
Performance overview A selection of global metrics that we track within Shell.
Bio LNG and bio Diesel forecourt viewed through trees. (photo)
Sustainability at Shell
Sustainability governance
Remuneration Driving action through remuneration.
About this report
Report Review Panel We use an external review panel to strengthen our sustainability reporting.
group of men wearing PPE having a Safety briefing on a helipad (photo)
Living by our core values
Business ethics and transparency Powering Progress is underpinned by our core values of honesty, integrity and respect for people.
Ethical leadership
Collaborations and stakeholder engagement
Political engagement We advocate our positions on matters which affect us, our employees, customers, shareholders or local communities.
Tax transparency
Safety We aim to do no harm to people and to have no leaks across our operations.
Safety notices on diesel pump in forecourt (photo)
Our approach to safety
Personal safety
Process safety We measure and report process safety incidents according to significance.
Preparing for emergencies We have programmes in place to reduce the number of operational spills.
Spill response and prevention in Nigeria
Transport safety
Product stewardship
two men and a woman wearing PPE standing together talking next to a solar panel with wind turbine in the background (photo)
Achieving net-zero emissions
two men and a woman wearing PPE standing together talking next to a solar panel with wind turbine in the background (photo)
Our journey to net zero
Energy transition in action
Delivering our climate targets
Managing greenhouse gas emissions
Greenhouse gas emissions Our climate target is to become a net-zero emissions energy business by 2050.
Energy efficiency in our operations
Methane emissions We encourage industry-wide action on methane emissions reduction.
Flaring We are working to reduce flaring, which contributes to climate change and wastes valuable resources.
Carbon credits including nature-based solutions
Carbon capture and storage
man wearing PPE standing next to solar panels (photo)
Providing lower-carbon electricity
Integrated power We believe Shell can become a leading provider of clean power.
Wind
Solar
Fuelling mobility We are producing and supplying low-carbon fuels to help lower emissions from transport.
Biofuels
Electric vehicle charging
Hydrogen Hydrogen is a versatile energy carrier that can play a significant role in the transition to a lower-carbon world.
Driving innovation Our R&D activities are key to achieving our net-zero emissions target.
two men in a field inspecting the long grass (photo)
Respecting nature
Our approach to respecting nature
Environmental collaborations
Biodiversity wild flowers and grasses growing at Shell facility (photo)
Biodiversity and ecosystems
Resource use and circular economy
Managing waste
Plastics Shell supports the need for improved circularity of global plastics markets.
water lake with grasses around (photo)
Conserving water resources
view looking up of airplane travelling through blue sky (photo)
Air quality
mother and daughter cooking together at home in South Africa (photo)
Powering lives
Our approach to powering lives
family in india eating together under bare lightbulb (photo)
Providing access to energy
Working with our suppliers
Supply chain In 2022, we spent around $41.5 billion on goods and services from around 24,000 suppliers globally.
Local content We want to make a positive difference to countries and local communities where we operate.
Contributing to communities
Social investment
Community skills and entrepreneurship
woman charging her Electric vehicle (photo)
A just transition
Contributing to Nigeria's economy
STEM education NXplorers aims to help young people develop complex and creative thinking.
Diversity, equity and inclusion
Worker welfare
Respecting human rights We have embedded human rights in our Shell General Business Principles, Code of Conduct and Shell Supplier Principles.
Managing our impact on people
Engaging with communities Engaging with communities is essential to understanding their priorities and concerns.
Indigenous peoples
Cultural heritage
Involuntary resettlement
aerial photo of Shell LNG vessel next to pipeline and shoreline with tug boats around (photo)
Sustainability in our oil and gas activities
Our business activities
Embedding sustainability into our activities
Shell employee inPPE climbing ladder at gas facility (photo)
Producing oil and natural gas
Non-operated ventures We expect a joint venture operated by a partner to apply standards and processes, or principles, that are materially equivalent to our own.
Acquisitions and divestments
Smiling Shell employee in PPE with her arms crossed at Shell facility in USA (photo)
Our performance data
About our data We began reporting voluntarily on our environmental, safety and social performance in 1997.
Our standards and policies Selected commitments, policies and frameworks.
Our Powering Progress targets Powering Progress has four main goals which together integrate sustainability with our business strategy.
Safety data
Greenhouse gas and energy data
Other environmental data
Social data
Portrait of CEO Wael Sawan (photo)

Letter from the CEO

In 2023, we made good progress in our goal of creating more value with less emissions. By year’s end, we had achieved more than 60% of our target of halving carbon emissions in our own operations by 2030, compared with 2016. Along with generating shareholder value and achieving net-zero emissions, our Powering Progress strategy is about powering lives and respecting nature.

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Inside Sustainability Report

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Shell online reporting suite 2023