The London-based oil major recorded a 10% drop in planet-warming emissions across its business and the energy it sold last year as it continued to sell off carbon-intensive assets. But future cuts won’t be able to rely on divestments as new Chief Executive Officer Wael Sawan focuses on delivering value for shareholders and sees the company’s core business in oil and natural gas as key to drive returns.
start to climb again if it increases fossil fuel spending without scaling up new tools to cut carbon. By far the biggest part of Shell’s carbon footprint comes from emissions created when customers burn the fuels it sells. Those, known as Scope 3, account for over 90% of Shell’s total emissions. The company has a goal to cut the carbon intensity of the energy it sells by 20% by 2030 compared to 2016. In 2022, it had so far achieved a reduction of 3.8%.
“As Shell moves along, there’s less low-hanging fruit and it requires more significant investment in new technologies to get carbon reductions,” said Shu Ling Liauw, co-founder of Accela Research, a climate transition research and advisory group.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:
مصر أحدث الأخبار, مصر عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
Business mood nosedives to two-year low on load shedding | BusinessSouth African business sentiment declined to a two-year low in the first quarter as severe power outages and dilapidated logistics networks hobbled economic activity. | News24_Business _Business Vote 🗳️ vote 🗳️ vote 🗳️ f…. Anc _Business I'm tired of pretending Please educate... What does 'declined to a 2-year low' mean _Business Today I closed my once very successful business. Lot of people without jobs now. Families without an income. I had enough.... immigrating to New Zealand in a month. Good luck SA... I wish you all the very best!
مصدر: News24 - 🏆 4. / 80 اقرأ أكثر »
Business confidence in South Africa continues to circle the drainThe latest RMB/BER Business Confidence Index shows warning signs for business in South Africa.
مصدر: BusinessTechSA - 🏆 24. / 61 اقرأ أكثر »
Business Maverick: Meta Plans Thousands More Layoffs as Soon as This WeekMeta Platforms Inc., the owner of Facebook and Instagram, is planning a fresh round of layoffs and will cut thousands of employees as soon as this week, according to people familiar with the matter.
مصدر: dailymaverick - 🏆 3. / 84 اقرأ أكثر »
Africa: How to Get More African Women Leaders in Business and TechGuest Column - While there are increasingly more African women in leadership roles, they are still significantly under-represented but there are a number of things businesses can do to change this ...
مصدر: allafrica - 🏆 1. / 99 اقرأ أكثر »