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Shell unveils plans to become net-zero carbon company by 2050

By April 23, 2020November 24th, 2024News

Article Highlights:

  • Royal Dutch Shell plans to become a net zero-carbon company by 2050 or sooner by selling more green energy to help reduce the carbon intensity of its business.

  • Shell’s chief executive said “Shell now needs to go further with our own ambitions, which is why we aim to be a net-zero emissions energy business by 2050 or sooner. Society, and our customers, expect nothing less.”

  • Shell will toughen its existing target to shrink the carbon intensity of its products by 50% within 30 years, to reach 65% by 2050.