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VisitShell Wins Appeal Against Landmark Dutch Climate Emissions Ruling
Nov 12, 2024, 08:05 AM
Shell has won its appeal against a historic 2021 Dutch court ruling that required the company to reduce its greenhouse gas emissions by 45% by 2030 from 2019 levels, including Scope 3 emissions. The decision, overturned by a Dutch appeals court, was initially seen as a significant precedent for corporate emissions accountability. Shell had argued that the original ruling lacked a basis under Dutch law and that rival producers could simply increase output if Shell reduced its emissions.
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Shell commits to new targets • 25%
Shell maintains current stance • 25%
Shell exits certain agreements • 25%
No significant change • 25%
Increase emissions targets • 25%
Maintain current targets • 25%
Decrease emissions targets • 25%
No change in policy • 25%
Oil production • 25%
Gas production • 25%
Renewable energy projects • 25%
Infrastructure development • 25%
Solar Energy • 25%
Wind Energy • 25%
Ethanol and Biofuels • 25%
Other • 25%
Exxon becomes the largest oil company by market cap • 25%
Exxon remains second by market cap • 25%
Exxon falls to third place by market cap • 25%
Exxon is outside the top three by market cap • 25%
Shell • 25%
Equinor • 25%
A new partner • 25%
Equal ownership • 25%
No acquisitions • 25%
Acquisition of small assets • 25%
Acquisition of medium assets • 25%
Acquisition of large assets • 25%
$20-$22 billion • 25%
$22-$24 billion • 25%
$24-$26 billion • 25%
Above $26 billion • 25%
Yes • 50%
No • 50%
Reduce emissions by 30-44% • 25%
Increase emissions • 25%
Reduce emissions by 45% or more • 25%
Reduce emissions by less than 30% • 25%