Shell PLC 2017 AR2
The report highlights Royal Dutch Shell plc's strong financial and operational performance in 2017, with income increasing to $13.4 billion and free cash flow reaching over $27 billion. The company made significant progress on its $30 billion divestment programme, notably selling its Canadian oil sands interests and a package of UK North Sea assets, which helped reduce net debt and gearing to 24.8%. Shell also announced a pioneering ambition to reduce the net carbon footprint of its energy products by around 20% by 2035 and 50% by 2050. Additionally, the company expanded its New Energies portfolio through key acquisitions like NewMotion and First Utility to support the transition to lower-carbon energy solutions.
Company: Shell PLC
Sector: Mining & quarrying
Country: United Kingdom
Year: 2017
Type: AR2
Pages: 260
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Shell PLC
Annual Report And Form 20-F
The report highlights Royal Dutch Shell plc's strong financial and operational performance in 2017, with income increasing to $13.4 billion and free cash flow reaching over $27 billion. The company made significant progress on its $30 billion divestment programme, notably selling its Canadian oil sands interests and a package of UK North Sea assets, which helped reduce net debt and gearing to 24.8%. Shell also announced a pioneering ambition to reduce the net carbon footprint of its energy products by around 20% by 2035 and 50% by 2050. Additionally, the company expanded its New Energies portfolio through key acquisitions like NewMotion and First Utility to support the transition to lower-carbon energy solutions.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Published
Mar 21, 2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Women on Board
Women in Management
Employees