ACCR Company Engagement Shell plc

Shell plc is a British-Dutch multinational oil, gas and petrochemical company headquartered in The Hague, Netherlands.

Named as one of the 10 biggest emitters in the world from 1988 to 2015, Shell’s planned emissions from 2018 to 2030 amount to almost 1.6% of the world’s carbon budget over the equivalent period.


ACCR has engaged with Shell since 2021 on its climate change commitments, releasing multiple publications that analyse its decarbonisation commitments and strategies.


Shell is due to update its Energy Transition Strategy ahead of its 2024 Annual General Meeting.

Updates

  1. Media release

    Shell commits to shedding light on emerging market lobbying

    Shell plc will disclose information about its climate and energy lobbying in “5-10 emerging and developing markets that are significant for our strategy, before our 2025 AGM.”

  2. Research

    Shell - Less Value, More Emissions

    Analysis of Shell’s 2024 Energy Transition Strategy, fossil fuel growth strategy, and lobbying disclosures

  3. Media release

    “Short-sighted”: Shell stalls again on climate

    ACCR is responding to the publication today of Shell’s 2024 Energy Transition Strategy.

  4. Research

    In the dark: gaps in Shell’s climate lobbying disclosures

    Undisclosed lobbying in emerging markets may undermine Shell’s support for the Paris goals and foster unsustainable fossil fuel supply and demand lock-in.

  5. Media release

    New research: Shell’s climate lobbying disclosures leave investors in the dark

    ACCR published research highlighting how Shell plc is failing to disclose to investors its climate lobbying in emerging markets.

  6. Insights

    Investor Bulletin: Shell losing ground on climate

    The pillars of Shell’s decarbonisation strategy are built on weak foundations and require a major rethink if the company intends to play a meaningful role in the energy transition.

  7. Insights

    Investor Bulletin: Analysis of Shell plc Capital Markets Day 2023

    Shell demonstrates to investors an unwillingness to transform its business in line with the global energy transition.

  8. Research

    Investor Bulletin: Shell and BP FY22 Q4 results and CO2 implications

    Analysis of both BP and Shell’s FY22 Q4 results, capex and emissions target implications, and legal updates.

  9. Insights

    Investor Bulletin: Shell and BP FY22 Q4 results and CO2 implications

    Analysis of both BP and Shell’s FY22 Q4 results, capex and emissions target implications, and legal updates.

  10. Research

    Update: Shell emissions forecast

    Shell’s recent performance indicates it is right-sizing its oil and gas business but not yet transitioning customers to alternatives.

  11. Research

    Initiation of coverage: Royal Dutch Shell (RDS)

    A two-part report on Royal Dutch Shell’s climate transition strategy.

  12. Media release

    ACCR launches Global Climate Insights

    ACCR will be offering in-depth company-level climate analysis of internationally listed companies, via a new research group called Global Climate Insights (GCI).

  13. Research

    In-depth: Royal Dutch Shell plc (Shell) climate vote

    Shell released its climate transition plan, which sets out its emission reduction targets and decarbonisation strategy—read ACCR's in-depth analysis.