More information and associated documentation
Our carbon neutrality calculations are performed through an internal carbon footprint model by Shell. An independent, accredited verification body has subjected the model, which is a source of key parameters and methodologies for carbon intensity calculations on a product level, to a critical review against the international standard ISO 14040/44. For the purpose of this task, a review panel was formed involving external independent industry experts.
Carbon Footprint Disclaimer
Find more details on Shell’s Net Carbon Footprint ambition and how we plan to meet it.
Sky Scenarios & CN Combined Disclaimer
Independent external assurance
To support our carbon neutral7 product offerings, Lloyd’s Register Quality Assurance (LRQA), an independent, accredited Verification Body, provided external assurance on the associated processes and underlying product level carbon footprint calculations.
This includes the following processes:
- Processes for carbon credit screening, project performance monitoring, procurement, reconciliation, retirement and certificate issuance, in support of Shell’s carbon offsetting Customer Value Propositions (CVPs) and Net Carbon Footprint target (documentation here) and (Nature-based solutions website here)
In addition, LRQA independently assured Shell Lubricants’ product level carbon footprint calculations, used for quantification of carbon intensity in kg CO2 equivalent per liter of product, against the following standards:
- International standard of ISO 14067:2018 Greenhouse gases - Carbon footprint of products - Requirements and guidelines for quantification
- Publicly available specification of PAS2050:2011 Specification for the assessment of the life cycle greenhouse gas emissions of goods and services.
LRQA implements and maintains a comprehensive management system that meets accreditation requirements for ISO 14065 Greenhouse gases – Requirements for greenhouse gas validation and verification bodies for use in accreditation or other forms of recognition and ISO/IEC 17021 Conformity assessment – Requirements for bodies providing audit and certification of management systems that are at least as demanding as the requirements of the International Standard on Quality Control 1 and comply with the Code of Ethics for Professional Accountants issued by the International Ethics Standards Board for Accountants.
The associated documentation (assurance statement) has been reproduced in full and can be found here.