Shell Plc · LSE:SHEL
Shell — ESG Presentation (March 2023)
21 slides from Shell's sustainability presentation, Mar 22, 2023
Slide 1: Shell Insights: Annual ESG Update
© ) @ se” oe SHELL INSIGHTS e ANNUAL ESG UPDATE March 22, 2023 POWERING PROGRESS
Slide 2: Agenda
AGENDA ©, 15:00 - 15:05 GMT Welcome with Tjerk Huysinga, Executive Vice President Investor Relations In person and virtual 15:05 - 15:35 GMT The Energy Security Scenarios with Laszlo Varro, Vice President, Global Business Environment In person and virtual 15:35 - 16:05 GMT 2022 Energy Transition Pro
Slide 3: The Energy Security Scenarios: Entering a World of Competitive Transition
THE ENERGY SECURITY SCENARIOS ENTERING A WORLD OF COMPETITIVE TRANSITION A A A Laszlo Varro Vice President Global Business Environment
Slide 4: Warning: Uncertainties Ahead
THE ENERGY SECURITY SCENARIOS WARNING: UNCERTAINTIES AHEAD WARNING - UNCERTAINTIES AHEAD: Shell’s scenarios are not intended to be projections or forecasts of the future. Shell's scenarios, including the scenarios contained in this presentation, are not Shell’s strategy or business plan. They are de
Slide 5: Two Scenarios Emerge, Sky 2050 and Archipelagos
THE ENERGY SECURITY SCENARIOS TWO SCENARIOS EMERGE, SKY 2050 AND ARCHIPELAGOS Governments are increasingly concerned about guaranteeing a secure supply of affordable energy. Addressing these immediate energy concerns can be at odds with national emissions reduction pledges, creating a world of compe
Slide 6: The Staggering Differences in Global Energy Access and Use
THE ENERGY-SECUREFY SCENARIOS THE STAGGERING DIFFERENCES IN GLOBAL’ENERGY ACCESS AND USE USA ~332 million peeples ~~. =f e 10 million home-swintiming pools ; i 4 ~~~ © 4000+ kWh per year each for water circulation me) Nigéria, DRC, Cameroon ~338 milliofpeople © 40 TWh per year =, © Limited access to
Slide 7: In Any Scenario, Electrification Accelerates
THE ENERGY SECURITY SCENARIOS IN ANY SCENARIO, ELECTRIFICATION ACCELERATES The final energy system trends rapidly towards electricity = A century long trend shifts gear in the 2020s. = Electrification of transport leads the way: Passenger vehicles. Light road freight. = Residential energy use trends
Slide 8: Molecular Fuels Remain Important
THE ENERGY SECURITY SCENARIOS MOLECULAR FUELS REMAIN IMPORTANT Biofuels, synthetic fuels and hydrogen Low carbon fuels in final energy Low carbon fuels in final energy all have increasing roles Sky 2050 Agee EJ per year E} per year = Liquid biofuels increase, but Ist generation ethanol peaks before
Slide 9: Oil and Gas Investment During the Transition to Net-Zero
THE ENERGY SECURITY SCENARIOS OIL AND GAS INVESTMENT DURING THE TRANSITION TO NET-ZERO Oil production by origin Share of 2022 Resource Base* produced by 2050 Mboe / day 120 Iran am New discoveries -eddtional iraq 100 ME New fields - additional Kazokhstan 80 -<a INN Existing - additional libya ME New
Slide 10: The Destination Is Net-Zero Emissions, the Question Is Speed
THE ENERGY SECURITY SCENARIOS THE DESTINATION IS NET-ZERO EMISSIONS, THE QUESTION IS SPEED = Sky 2050 reaches NZE in 2050 (by design), Global anthropogenic CO, emissions combining energy and land use changes. Energy, Industrial processes and land use, CO, emissions (Gt per year) = By 2100, warming i
Slide 11: Our Progress in 2022 Towards Net Zero
OUR PROGRESS IN 2022 TOWARDS NET ZERO Ed Daniels Executive Director Strategy, Sustainability & Corporate Relations
Slide 12: Definitions and Cautionary Note
DEFINITIONS AND CAUTIONARY NOTE The companies in which Shell ple directly and indirectly owns investments are separate legal entities. In this presentation “Shell’, “Shell Group” and “Group” are sometimes used for convenience where references are made to Shell ple and its subsidiaries in general. Li
Slide 13: Carbon: Our Targets
CARBON OUR TARGETS UN PARIS AGREEMENT NET ZERO BY 2050 Strategy aligns with goal to limit the increase in the global average temperature to 1.5 degrees Celsius above preindustrial levels. Net carbon intensity! (Scope 1, 2 and 3) rgy products 2016 baseline 2021 2022 fed with the production, processin
Slide 14: Significant Progress on Our Path to Net Zero
CARBON SIGNIFICANT PROGRESS ON OUR PATH TO NET ZERO Net carbon intensity missions associated with the production, processing, transport and Four energy products (Scope |, 2 and 3) 3.8% 79 7 ve 63 = = a fe} 1e} & 0 2016 2021" 2022" 2030E 2050E baseline I Actuals Mi Target Net carbon intensity reducti
Slide 15: Significant Progress on Our Path to Net Zero: Flaring, Methane, GHG
CARBON SIGNIFICANT PROGRESS ON OUR PATH TO NET ZERO Routine flaring Methane intensity Total greenhouse gas emissions! (net) [Million tonnes of hydrocarbons flared} (%) (Millon tonnes COze) -37.5% ; e286 [ 83% I 0.6 0.08 0.08 17311646 05 13841375 0.06 0.06 1240 0.05 0.3 0.2 2018 = - 2019-2020 2021_:~
Slide 16: Capital Expenditure: Investing in Net Zero
CAPITAL EXPENDITURE INVESTING IN NET ZERO LNG, gas and power marketing and trading (<) ° of total cash capital expenditure in ~ 33 Yo 2022 invested in low-carbon energy and nonenergy products [oy Non-energy HEN products (4) CO $3.9 billion Ife] Pen Low-carbon energy $4.2 billion Oil, oil Products an
Slide 17: Decarbonising Our Portfolio: Energy Transition in Action
DECARBONISING OUR PORTFOLIO ad ENERGY { a a TRANSITION ! in TELL IN ACTION: HIGHLIGHTS IN 2022 Providing more electricity Growing our biofuels portfolio = Increased EV charge points by >60% to around 139,000. = Agreed to acquire Nature Energy ' (~$2 billion), the «Acquired Sping Energy ($1.6 billion
Slide 18: Carbon: Committed to Net Zero
CARBON Committed to Net Zero WE BELIEVE OUR TARGETS NCI targets 2023 2025 2030 2050 A R E A L I G N E D IPCC-derived upper range (4)% (7)% (15)% (68)% WITH THE TH E PA RIS IPCC-derived lower range (10)% (17)% (36)% (104)% AGREEMENT Ty Our targets: « Are derived from 1.5°C scenarios by the Intergover
Slide 19: 2023 Annual General Meeting: Voting for Progress on Our Strategy
2023 ANNUAL GENERAL MEETING VOTING FOR PROGRESS ON OUR STRATEGY Ensuring a balanced transition, providing the energy the world needs today while accelerating the shift to low- and zero-carbon energy. Resolution 25 - For Shell's Energy Transition Progress resolution Advisory vote on the progress made
Slide 20: Fireside Chat: ESG Dialogue
FIRESIDE CHAT ESG DIALOGUE with Wael Sawan, Shell CEO and Kamal Ahmed, British journalist and editor
Slide 21: Slide 21