We continuously seek to improve our operating performance, and maximise sustainable free cash flow, with an emphasis on health, safety, security, environment and asset performance, as well as adhering to our ethics and compliance principles. We continuously assess the external environment – the markets as well as the underlying economic, political, social and environmental drivers that shape them – to evaluate changes in competitive forces and business models.

Our ability to achieve our strategic ambitions depends on how we respond to competitive forces. to sustain a strong societal licence to operate and make a positive contribution to society through our activities.to thrive in the energy transition by responding to society’s desire for more and cleaner, convenient and competitive energy and.This involves growing free cash flow and increasing shareholder returns, all built upon a strong financial framework and resilient portfolio to provide a world-class investment case.At the same time, technology changes and the need to tackle climate change means there is a transition underway to a lower-carbon, multisource energy system.Īgainst this backdrop, we have the following strategic ambitions: We believe that rising standards of living for a growing global population are likely to continue to drive demand for energy, including oil and gas, for years to come. Shell’s purpose is to power progress together with more and cleaner energy solutions. Safety and social responsibility are fundamental to our business approach. Our strategy is to strengthen our position as a leading energy company by providing oil and gas and low-carbon energy as the world’s energy system changes. The parent company of the Shell group is Royal Dutch Shell plc, which is incorporated in England and Wales.

Our headquarters are in The Hague, the Netherlands, and our Chief Executive Officer is Ben van Beurden. Royal Dutch Shell was formed in 1907, although our history can be traced back to the first half of the 19th century.

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