As of 2024, Shell has disclosed 7 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets and 4 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Shell ’s climate strategy, ambition level, and alignment with global decarbonization goals.
Target Type | Scope of Target | Unit | Target | Target Year |
---|---|---|---|---|
Absolute-based Target* | Scope 1 - Flaring | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2025 |
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
Absolute-based Target* | Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
Intensity-based Target* | Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Energy Sold | Copy restricted. Please purchase to unlock this data. | 2024 |
Intensity-based Target* | Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Energy Sold | Copy restricted. Please purchase to unlock this data. | 2025 |
Intensity-based Target | Scope 1 - Total | Metric Tonnes of CH4 (mtCH4) per Cubic Meter (m3) of Natural Gas Sold | Copy restricted. Please purchase to unlock this data. | 2025 |
Intensity-based Target* | Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Energy Sold | Copy restricted. Please purchase to unlock this data. | 2030 |
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As of 2024, Shell has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.
As of 2024, Shell has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.
Shell's most ambitious operational target is to reduce these emissions by 100% by 2025, compared to a baseline of 7,400,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2015.
As of 2024, Shell is ahead of schedule on its operational emissions reduction target, having achieved 98.65% of the planned reduction.
As of 2024, Shell has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.
Shell's most ambitious value chain target is to reduce these emissions by 15% by 2030, compared to a baseline of 569,000,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.
As of 2024, Shell is ahead of schedule on its value chain emissions reduction target, having achieved 91.4% of the planned reduction.
As of 2024, Shell has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.
Shell's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Energy Sold in 2016, by 15% by 2030.
As of 2024, Shell is on track to meet its total carbon footprint reduction target, having achieved 59.8% of the planned reduction.