1、In anticipation of the Netherlands transposition of the EU Corporate Sustainability Reporting Directive(CSRD)into national law,Shell has for the first time in this report included a Sustainability Statements section(pages 341-440),prepared on a voluntary basis in accordance with the CSRD and Europea
2、n Sustainability Reporting Standards(ESRS).The Sustainability Statements section forms an integral part of the management report.AThe CSRD requires certain European and non-European companies(including Shell plc due to its listing on Euronext Amsterdam)to make disclosures on environmental,social and
3、governance topics in accordance with the ESRS.We haveapplied the structure proposed in the ESRS,adopted incorporation by reference and sought to integrate the disclosures in other sections of this report where appropriate andpermitted.Section headers in the Sustainability Statements follow the struc
4、ture of the ESRS.Terms and definitions used in thetext are defined by Shell unless explicitly stated otherwise.A The consolidated management report,as referenced in the CSRD,includes the strategic report and governance sections of the Annual Report and Accounts.ContentsIntroductioniiiTerms and abbre
5、viationsStrategic Report2Chairs message4Chief Executive Officers review6Shells strategy6This is Shell 8How we create value 10Our strategy14Progress against our longer-term businesstargets 16Outlook18Performance in the year18Performance indicators20Generating shareholder value21Group results24Liquidi
6、ty and capital resources28Market overview31Integrated Gas38Upstream47Oil and gas information55Marketing60Chemicals and Products68Renewables and Energy Solutions72Corporate74Other central activities76Our journey to net zero77Energy transition plans93Climate-related metrics andtargets107Other regulato