IN an era where there is an urgent call for climate action, Shell Pilipinas Corp. (Shell), a global energy leader, has committed to a comprehensive sustainability strategy in order to secure a sustainable future for the country.
Powering Progress serves as the cornerstone of Shell’s vision with a primary goal of achieving net-zero emissions and driving a global energy transition.
GREEN INCENTIVES Providing incentives for companies with clear green agendae, Shell Pilipinas Corp. (Shell) executives, led by Shell President and CEO Lorelie Osial, further their partnership with Philippine Airlines (PAL) officers, headed by PAL President and Chief Operating Officer Stanley Ng. PHOTO FROM SHELL
Aside from achieving net-zero emissions, Shell’s Powering Progress strategy also focuses on respecting nature, powering lives and generating shareholder value. To execute these, Shell takes on various roles as an energy user, provider and partner in accomplishing energy transition.
Shell’s commitment is reflected in tangible actions across various regions. In the Philippines, the company has made significant strides, reducing Scope 1 and 2 emissions by approximately 90 percent since 2016.
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This progress has been achieved through strategic investments in renewable energy, including the deployment of nearly 5,300 solar panels and the utilization of 100 percent renewable power in numerous locations.
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Beyond emission reductions, Shell is focused on providing cleaner energy solutions. This includes the development and promotion of low-carbon fuels and lubricants as well as the expansion of the Shell Recharge EV charging network.
Furthermore, Shell actively collaborates with its customers through programs such as Accelerate to Zero, facilitating the corporation’s transition toward a more sustainable energy future.
Shell recognizes that a successful energy transition requires a collaborative approach. The corporation fosters an energy transition culture through initiatives such as its annual Sustainability Week, emphasizing circularity and innovation. Shell’s Balik Likha project, which promotes recycling and reuse, exemplifies this commitment, earning a Gold Stevie award for the project’s impact.
Shell’s environmental, social and governance (ESG) efforts are closely aligned with the 17 United Nations Sustainable Development Goals. Shell has integrated its ESG initiatives with its foundation, Pilipinas Shell Foundation Inc., to ensure effective project implementation.
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The corporation is also committed to achieving net-zero emissions by 2050, supporting economic growth by providing cleaner energy sources.
Shell advocates for clear green incentives for companies, enhanced policy support for balancing energy security and transition, and the incentivization of companies with clear green agendae.
