20 April 2024
Shell tops BP with bold 2050 net-zero climate pledge, but execution plan lacks detail
Publication date: 16 April 2020
Gas Strategies Group
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Shell has vowed to transform itself into a net zero business by 2050 by completely eradicating emissions from its operations and those from end-use of its products. Shell’s pledge to tackle all of its scope 1, 2, and 3 emissions goes a step further than rival BP’s promise to cut scope 3 emissions by only 50%. However, like BP, Shell is yet to detail exactly how it would achieve ambitions to decarbonise its portfolio.
The Anglo-Dutch firm’s ...