Shell sets its first carbon reduction targets on output, consumption
Rivals BP and Total have already set short-term targets on reducing carbon dioxide emissions, but those planned cuts are limited to their own operations and exclude Scope 3 emissions.
“Early 2019, it was decided to set a Net Carbon Footprint target for 2021 of 2-3 percent lower than our 2016 Net Carbon Footprint of 79 grams of CO2 equivalent per megajoule,” Shell said in its 2018 annual report, which was released on Thursday.
The targets will be linked to the remuneration of around 150 executives in 2019, and expanded to 16,000 employees next year.
The Anglo-Dutch company last year announced an “ambition” to halve its carbon footprint by 2050 by increasing its output of lower-carbon products including natural gas, biofuels, electricity and hydrogen.
Its decision to set targets in 2019 comes a year earlier than it had previously indicated.
The oil and gas industry has come under growing shareholder pressure to tackle carbon emissions following the 2015 Paris climate agreement seeking to reduce emissions to net zero by the end of the century, mostly by lowering fossil fuel burning.
Mark van Baal, head of the shareholder activist group Follow This, said the targets were not sufficient.
“Shell takes another step towards Paris,” van Baal said in a statement. “However, this will not get us to Paris.”
Reporting by Ron Bousso; Editing by Paul Simao
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
