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| Sunday, 28 April 2002 |
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| News Business Features Editorial
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Shell focuses on sustainable development The Royal Dutch/Shell Group of Companies has been ranked the top energy company in the Dow Jones Sustainability Index while the Shell brand is top or second in motorists' preference in 40 out of 52 major countries surveyed, the Shell Report said. The fifth Shell Report published recently and the 2001 parent company annual report show that the group is strengthening its business case for sustainable development, providing products the customers want, meeting high environmental and safety standards and acting on strong principles. Key points from the 2001 independently-verified Shell report: * Shell has already cut its greenhouse gases by 10 per cent relative to 1990 - the Kyoto baseline year. * Best year for safety - incidents have gone down by a third in the last five years. * Shell maintains its 12-year policy of no political donations. The Shell Report describes the 'engines' that are driving Shell to improve its performance. The business principles, which include the group's no bribes and no political donations policies; and the seven sustainable development principles: generating robust profitability, delivering value to customers, protecting the environment, managing resources, respecting and safeguarding people, benefiting committees, and working with stake holders. The group remains on track towards meeting its target to reduce greenhouse gas emission to 10 per cent below 1990 levels by the end of 2002. Greenhouse gas emission rose slightly in 2001 as a result of increased production and the earlier than expected gas 'breakthrough' in a Gabon oilfield. Progress continues to be made towards diversity targets, including 20 per cent of senior executives being women by 2008. |
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