- Maintaining secure and affordable energy supplies while transitioning away from fossil fuels
- Balancing the need for continued oil and gas production with the need to reduce emissions
- Addressing customer emissions from the use of oil products (Scope 3, Category 11)
- Developing and scaling up affordable low-carbon solutions
- Lack of clear business models for CCS in many countries
- High cost of low-carbon alternatives such as biofuels and synthetic fuels
- Delays in project delivery due to prolonged litigation and permitting hurdles
Shell plc
Greenhouse gas emissions & sustainability report data
By scope: Scope 3: 517 million tonnes CO2e in 2023. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
📊 Emissions by Scope (2024)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 517 million tonnes CO2e in 2023 |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022 | 90.0M tCO2e (Scope 1+2 combined) |
| 2021 | 1.7 gtpa (2018 peak) |
| 2019 | 70 million tonnes CO2e (Scope 1) |
| 2016 | 79 gCO2e/MJ |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced carbon emissions from operations by 31% compared with 2016 levels (by end of 2023)
- Achieved more than 60% of the target to halve emissions from operations by 2030 (by end of 2023)
- Reduced total methane emissions by 70% since 2016 (by end of 2023)
- Methane emissions intensity well below 0.2% in 2023
- Reduced net carbon intensity of energy products sold by 6.3% compared with 2016 (in 2023)
- Vito platform in the Gulf of Mexico producing around 80% less CO2 emissions over its operating life compared with the original design
- Timi platform in Malaysia mainly powered by solar and wind energy
🎯 Climate & Sustainability Targets
🔜 Short-term
- Halve Scope 1 and 2 emissions by 2030 (2016 baseline)
- Eliminate routine flaring from upstream operations by 2025
- Maintain methane emissions intensity below 0.2% and achieve near-zero methane emissions by 2030
- Reduce customer emissions from the use of our oil products by 15-20% by 2030 (2021 baseline)
- Reduce net carbon intensity of energy products sold by 9-12% by 2024, 9-13% by 2025, and 15-20% by 2030 (2016 baseline)
📅 Medium-term
- Grow LNG business by 20-30% by 2030 (2022 baseline)
- Increase number of public charge points to around 200,000 by 2030 (from around 54,000 in 2023)
🔭 Long-term
- Become a net-zero emissions energy business by 2050
🌱 ESG Focus Areas
Climate ChangeEnergy TransitionEmissions ReductionJust TransitionGovernance