Shell is strengthening its commitment to value creation and maintaining its focus on performance, discipline and simplification. ‘’We have made significant progress against all of the targets we set out at our Capital Markets Day in 2023. Thanks to the outstanding efforts of our people, we are transforming Shell to become simpler, more resilient and more competitive,’’ said CEO Wael Sawan. ‘‘We want to become the world’s leading integrated gas and LNG business and the most customer-focused energy marketer and trader, while sustaining a material level of liquids production. Today…
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bp, Equinor, Shell and TotalEnergies join forces to help increase access to energy
bp, Equinor, Shell and TotalEnergies announce a commitment to invest in support of the UN Sustainable Development Goal 7 (UN SDG7), which aims to ensure access to affordable, reliable, sustainable, and modern energy for all. The four energy majors have come together with a $500 million joint investment commitment, intended to create positive energy access impact for people in key regions over the coming years. A growing number of people without access to electricity and clean cooking Despite ongoing efforts, progress towards universal energy access has stalled, particularly amidst recent…
Read MoreBayer, Shell and Unilever named top brands for ESG and sustainability communications
German pharmaceutical company Bayer has been named as the top brand for sustainability communications, a new report released by Investis Digital (IDX) has found. The 2023 Sustainability 100 report scored the organisation 85 out of 100 for providing transparent, clear and accessible sustainability-related information. The company was closely followed by Shell (82) and Unilever (81), with British brands such as Sainsbury’s (75), BP (72) and Vodafone (71) also making the top 20. Using its Connect.IQ benchmarking tool, Investis Digital (IDX) considered factors such as whether the company has a dedicated…
Read MoreHenkel Signs Agreement With Shell on Renewable-Based Ingredients for Persil®, Purex® and all® Brands
Henkel and Shell Chemical LP have agreed to a five-year collaboration to replace up to 200,000 tonnes of fossil feedstocks used in the manufacture of surfactants with feedstocks that are based on renewable raw materials. The renewable-based surfactants will be used in Henkel’s laundry product brands, including many varieties of Persil®, Purex® and all® brands. Surfactants are an ingredient in cleaning products that help lather and lift dirt. “This landmark cooperation significantly advances Henkel’s share of renewable-based ingredients in leading consumer brands in North America,” said Ulrike Sapiro, Chief Sustainability…
Read MoreMajor firms work together to drive regional green investment
Four of Britain’s biggest firms are working together to advise on pilot projects to drive green investment into local areas, and promote economic growth. As part of the Prime Minister’s Business Council, the leaders of Lloyds Banking Group, Octopus Energy, Shell and National Grid have launched the Local Low Carbon Accelerator (LLCA) project to provide a blueprint for local authorities and the private sector to work together and get green infrastructure delivered faster. Localised green infrastructure projects are key in the road to net zero , given the focus on…
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