Dutch court rules Shell must cut emissions
Ruling orders major to reduce carbon emissions by 45pc by 2030 from 2019 levels
A Dutch court has ordered Shell to increase the ambition of its greenhouse gas (GHG) emissions cuts in a ruling that could pave the way for legal action against other large oil and gas firms. The court ordered Shell to reduce its CO2 emissions by 45pc by 2030 from 2019 levels. Earlier this month, Shell’s shareholders approved a climate strategy that committed the firms to cut the carbon intensity of its scope one, two and three emissions by 20pc by 2030 and 45pc in 2035, before reaching net-zero emissions by 2050. But, following the ruling, the company may be forced to do more. The legal action was brought by Friends of the Earth Netherlands (Milieudefensie) together with 17,000 co-plaintiff
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals