Shell has expressed its support for the Climate Agreement. President and CEO Marjan van Loon says that the agreement contains “challenging tasks” to reduce greenhouse gas emissions. “But that doesn’t stop us. We want to get started,” says Van Loon. She calls the climate agreement very important for the energy transition.

“It brings parties together. Nobody can do it alone. This agreement ensures that both companies and the government take steps,” she says. “That is how more countries should approach it.”

Climate Council Chairman Ed Nijpels calls Shell’s statement of support “a historic decision, courageous and daring”. “One of the largest companies in the Netherlands signs the Climate Agreement. I am delighted about that,” he says. Nijpels sees Shell’s support as much more than a “flag or billboard”.

Sustainable initiatives

Van Loon points out that Shell is already working hard on sustainable initiatives in the Netherlands. She mentions the construction of a large offshore wind farm off the coast of Zeeland, delivery of residual heat from Pernis to residents of the Rotterdam district of Katendrecht and activities in the field of charging electric cars.

On the contrary, the environmental movement believes that Shell is far from doing enough. The company has set itself the goal of reducing CO2 emissions by 20 percent in 2035 and halving them in 2050. Environmental defense and other claimants who sued the multinational in April demand far more ambitious goals: 45 percent fewer emissions in 2030 and completely no more emissions in 2050.

The latest sustainability report from Shell shows that the company’s ‘fossil footprint’ remained the same in 2017 and 2018 compared to 2016. Shell invests globally between 1 and 2 billion dollars a year in sustainable energy, out of a total of nearly 25 billion in investments. The budget for sustainable sources is expected to double in 2020, Shell director Maarten Wetselaar said in an interview at the end of last year.

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