Shell Oil Company

150 N Dairy Ashford Rd Ste A, Houston, TX 77002

We are a global group of energy and petrochemical companies located in more than 70 countries and territories. We use advanced technologies and innovative approaches to help build a sustainable energy future. Our operations are divided into Upstream, Integrated Gas and New Energies, Downstream, and Projects & Technology. Our strategy to generate profitable growth remains to drive forward with our investment program, to deliver sustainable growth and provide competitive returns to shareholders, while helping to meet global energy demand in a responsible way. Our goal is to find solutions that truly make a difference and change how we produce energy. We want to power lives by providing the world more energy, but with less CO2 emissions.

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3.7

Overall Excellence Rating

Industry

Oil, Gas and Mining

Category

Energy & Utilities

ESG/Ethical Impact

We began reporting voluntarily on our environmental performance with the first Shell Report that covered 1997. We do it to be transparent, and to show how we are contributing to sustainable development. Russia’s invasion of Ukraine has caused huge suffering. It has also triggered instability in global energy markets and other sectors. Energy and food prices have risen, causing inflation to spiral in many countries. Our first response to the invasion was to safeguard our staff in Ukraine and support our people in Russia. We also announced our intention to withdraw from our Russian oil and gas activities in a phased manner, aligned with government guidance. We worked with organisations in Ukraine and neighbouring countries to provide humanitarian aid. By the end of 2022, we had donated $74 million to help the people of Ukraine. As the war caused disruption to energy supplies, we worked to ensure that people received the energy they need to keep economies running and electricity flowing. This included delivering a record 194 cargoes of liquefied natural gas (LNG) to Europe in 2022 – almost five times our usual average. I am proud of the way Shell staff in the UK and Norway, among many others, also stepped up to produce the oil and gas Europe needs. We provided help for those struggling with the rising cost of living. In the UK, for example, we announced a £50 million package to support vulnerable energy consumers, and donated millions of pounds to charities to help households pay their energy bills. And in the Netherlands, we are contributing to a government-backed emergency fund for the same purpose. The recent devastating earthquakes in Turkey and Syria affected many Shell people and their families, although mercifully no staff were injured. Shell has supported relief efforts with the provision of fuel, and chemicals to make foam mattresses and hand sanitiser. We have also made aid donations worth several million dollars, including matching donations made by our staff around the world.

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Awards Received

2023

Revenues

$386,200,000,000.00

Website Traffic

Employee Rating

4.1

Customer Rating

4.4

Company Size

10000+

ESG Risk Rating

2

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