Shell plc

Integrated Oil & Gas
SHEL
$ 50 3.2
Share price
$ 195 bn
Market Cap
$ 225 bn
Enterprise Value

Carbon footprint

302 Ton
GHG emissions per $ 1 mln investment
7.5x the weighted average for S&P 500
FY2021
How is this calculated?
-4.2%
YOY change in GHG emissions
Weaker than the +4.9% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-4.3%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -6.6% weighted average for S&P 500
FY2022
How is this calculated?

Shell plc aims to reduce Scope 1 + 2 by 50% by 2030 from a base year 2016


This target has not been verified as science based according to SBTi
Shell plc's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

Secondary Climate Goal

-3.4%
Proj. YOY change in GHG emissions (all Scopes)
Weaker than the -7.1% weighted average for S&P 500
FY2022
How is this calculated?

Shell plc aims to achieve net zero for all Scopes by 2050


This target has not been verified as science based according to SBTi
Shell plc's actual and proj. GHG emissions (all Scopes) (Kt of CO2e)

GHG emissions and Carbon intensity

Shell plc's GHG emissions (market-based) (Kt of CO2e)
Shell plc's Carbon intensity (Tons per 1 USDm)

Shell plc's carbon footprint

Shell plc reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 68,000 Kt (-3,000 /-4.2% y-o-y). Also positively, carbon intensity tumbled to 260 t (-133 /-33.9% y-o-y).

Shell plc's Scope 3 emissions declined marginally to 1,299,000 Kt (-5,000 /-0.4% y-o-y). The rate of decline has slowed vs. the previous periods (CAGR -5.6% since 4Q'18).

The company is committed to reducing Scope 1 + 2 by 50% by 2030 from a base year 2016, which translates into the estimated reduction of -2,944 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Also, the company commits to achieving net zero for all Scopes by 2050, which translates into the estimated reduction of -47,138 Kt per annum over the period of FY2022 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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