Shell to cut significant proportion of its low carbon division workforce

Shell is set to cut around 15% of the workforce in its low carbon division, as CEO Wael Sawan  seeks to boost profits.

In a response to a query from Reuters, the fossil fuel company said: “We are transforming our Low Carbon Solutions business to strengthen its delivery on our low carbon core areas such as transport and industry”.

The company’s low carbon division is focused on areas including hydrogen, as well as hydrogen fuelled HGVs and other technologies.

The news comes after Shell said its approach to hitting its net zero target would change.

Shell has said it will still grow its oil and gas business despite the fact that climate experts have warned that new oil and gas expansion is not compatible with the climate crisis.


Subscribe to Sustainability Beat for free

Sign up here to get the latest sustainability news sent straight to your inbox each morning


Last month the company faced internal pressure after it was revealed that an open letter had been posted on the companies internal web, urging the CEO to invest in more renewable energy.

Advertising agency Havas Media, which recently won a contract with Shell, has been criticised for working with the brand.

Shell has been named one of the top brands for ESG and sustainability communications in a recent report from Investis Digital.

A range of organisations have recently divested from fossil fuel companies; this includes the LGBT Awards which saw protests from top names including Joe Lycett, as well as the Church of England Pension Fund which had seen many years of campaigning, the British Museum and the Tate galleries.

EnergyNet zeroNews

Leave a Reply

Your email address will not be published.

Fill out this field
Fill out this field
Please enter a valid email address.

RELATED POSTS

Menu

SUBSCRIBE TO OUR NEWSLETTER

Sign up for our daily update to get all the latest sustainability news, analysis and opinion direct to your inbox.

  • This field is for validation purposes and should be left unchanged.