Shell’s Pathway to Net Zero Emissions Has Changed, CEO Says
- Investors have reacted positively to strategy shift: Sawan
- Some employees are questioning the company’s approach
Wael Sawan.
Photographer: Aaron M. Sprecher/BloombergThis article is for subscribers only.
Shell Plc still plans to achieve net zero emissions by the middle of the century, but its approach to hitting that target has changed, its CEO said.
“For avoidance of doubt, what hasn’t changed is the destination that we have set for ourselves,” Chief Executive Officer Wael Sawan said via video link at the Energy Intelligence Forum in London on Tuesday. “What has changed is the pathway we’re going to get there.”