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Shell Sustainability Report and Review for 2007 launched
The 2007 Sustainability Report describes Shell’s efforts to help meet the global energy challenge – providing more energy and less carbon dioxide – by living up to the company’s commitment to contribute to sustainable development.
For Shell, this means helping meet the world’s growing need for energy in economically, socially and environmentally responsible ways. Delivering on this commitment is critical to Shell’s business success. As Jeroen van der Veer says in the report: “acting responsibly is the key to the door to do the more difficult projects that companies such as Shell are naturally driven to.”
The report re-confirms Shell’s leadership in sustainability reporting through its industry leading approach to external assurance and its open call for more government regulation to help deal with climate change. And for the first time, the report uses the Shell Strategic Energy Scenarios (“Scramble” and “Blueprints”) to link current performance with future strategy, explain efforts to meet the energy challenge and make clear why Shell is – for the first time – actively working for one of the scenarios (Blueprints).
The report includes how Shell is:
- Investing in some of the key technologies needed to build a “Blueprints” world (and address climate change), for example, by quadrupling the rate of investment in second-generation biofuels and building capability in carbon capture and storage technology;
- Providing customers with cleaner fuel for power, like natural gas and wind power;
- Helping drivers use less energy and reduce emissions by offering advanced transport fuels;
- Finding responsible ways to develop the more difficult sources of oil the world will need to avoid a supply crunch;
- Encouraging governments to take urgent action to put a price on CO2 emissions and build an international policy framework for managing greenhouse gases; and
- Continuing to reduce greenhouse gas emissions from facilities and reduce operational oil spills.
The report is available online in HTML format.