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Thursday, April 16, 2020 10:01:44 AM
Shell aims for net-zero emissions within 30 years
By: MarketWatch | April 16, 2020
Royal Dutch Shell PLC said Thursday that it aims to become a net-zero-emissions energy business by 2050 at the latest.
The company said it plans to fully cut emissions from product manufacturing and to reduce the carbon footprint of sold products by 30% by 2035 and 65% by 2050.
It will pivot toward serving businesses and sectors that also aim to reach net-zero emissions by 2050, the company said.
"Operating plans and budgets do not reflect these newly announced ambitions," Shell said. It said it aims to reflect the shift in its operating plans and budgets in the future.
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By: MarketWatch | April 16, 2020
Royal Dutch Shell PLC said Thursday that it aims to become a net-zero-emissions energy business by 2050 at the latest.
The company said it plans to fully cut emissions from product manufacturing and to reduce the carbon footprint of sold products by 30% by 2035 and 65% by 2050.
It will pivot toward serving businesses and sectors that also aim to reach net-zero emissions by 2050, the company said.
"Operating plans and budgets do not reflect these newly announced ambitions," Shell said. It said it aims to reflect the shift in its operating plans and budgets in the future.
Read Full Story »»»
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