Trellison InstituteResearch Integrity · Methodology Evaluation

Shell plc

Netherlands/UK · Oil Gas · Scope 1+2 118 MtCO2e (2023)

EIA national-context live: Country of incorporation (Netherlands/UK → NLD) enriched with US EIA International Energy Statistics (2024). Source: gold_country_energy_profile.
Country of incorporation
Netherlands/UK
Category
Oil Gas
Scope 1+2 (2023)
118
MtCO2e
Scope 3 (2023)
1,115
MtCO2e
ETS compliance cost
$779M

National context — EIA indicators

Country CO2 total
178.71
MMT CO2
Fossil electricity share
44.1%
Electricity generation
119.55
billion kWh
Primary energy consumption
3.22
qBtu
Country crude oil production
25.15
thousand barrels/day
Country NG production
0.3060
qBtu

ETS exposure

EU ETS, UK ETS, multiple national schemes. 2023 ETS allowance purchase cost: $779 million

Disclosure posture

High — annual + sustainability reports; CDP reporter; SBTi-aligned (A 1.5°C ambition)

Strategic posture

2050 net-zero target with near-term intensity-based targets; scale CCS and biofuels; gradual upstream transition

Proof-pack relevance

Shell is one of the largest corporate VCM buyers. Reputational and SBTi-compliance exposure on retired tonnes. Proof-pack-equivalent procurement requirement protects downside. Shell also operates upstream projects that could generate proof-pack-equipped removal tonnes.

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