1、SHELL ENERGY TRANSITION STRATEGY2021ROYAL DUTCH SHELL PLCShell Energy Transition Strategy 2021SPECIFICATIONS The paper used for this document is PlanoPlus,an FSC-certified paper,produced from 100%virgin pulp(cellulose),without recycling fibres.This pulp is bleached with ECF technology.The inks used
2、are vegetable-oil-based.Cover:Shell offers electric vehicle drivers access to Shell Recharge points in 19 countries.Working with our customers and sectors to accelerate the energy transition to net-zero emissionsDesign and production:Friend Print:Opmeer papier pixels projecten www.opmeerbv.nlCONTENT
3、S1 CHAIRS MESSAGE2 CHIEF EXECUTIVE OFFICERS INTRODUCTION 4 SHELLS PATH TO NET-ZERO EMISSIONS 5 SUMMARY OF OUR ENERGY TRANSITION STRATEGY 6 BECOMING NET ZERO BY 20508 OUR TARGETS:SHORT,MEDIUM AND LONG TERM12 OUR DECARBONISATION STRATEGY20 CAPITAL ALLOCATION24 CLIMATE POLICY ENGAGEMENT25 A JUST TRANSI
4、TION27 CLIMATE GOVERNANCE28 TASK FORCE ON CLIMATE-RELATED FINANCIAL DISCLOSURES(TCFD)31 OUR TRANSITION TO A NET-ZERO ENERGY BUSINESS AT A GLANCE32 DISCLAIMERCHAIRS MESSAGEYour Directors recognise their responsibility to set the companys strategy.This is unchanged.We consider this publication,and the
5、 strategy it summarises,to be aligned with the more ambitious goal of the Paris Agreement,to limit the increase in the average global temperature to1.5degrees Celsius above pre-industrial levels.Shell is the first energy company to submit its energy transition strategy toshareholders for an advisory
6、 vote.We will publish an update every three years until 2050.Every year,starting in 2022,we will also seek anadvisory vote on our progress towards our plans and targets.The vote is purely advisory and will not be binding on shareholders.Weare not asking shareholders to take responsibility for formal