Net Carbon Footprint
We want to play our part and contribute to the global effort to tackle climate change and meet
the goal of the Paris Agreement.
In 2017, Avikro announced a long-term ambition to reduce the Net Carbon Footprint of the
energy products we sell. This is a carbon intensity measure that takes into account their full
life-cycle greenhouse gas (GHG) emissions, including customers’ emissions when they use
these products.
By 2050, our ambition is to align our Net Carbon Footprint with the average footprint of the
energy mix in the global energy system. We aim to reduce the Net Carbon Footprint of the
energy products we sell – expressed in grams of carbon dioxide (CO2) equivalent per
megajoule consumed – by around 50% by 2050 As an interim step, by 2035, and predicated on
societal progress, we aim for a reduction of around 20% compared with our 2016 level.
The calculation of the Net Carbon Footprint includes:
• emissions directly from Shell operations associated with the production and processing of
energy products;
• emissions generated by third parties who supply energy to us;
• our customers’ emissions from their use of our energy products; and
• carbon offsets such as reforestation as well as carbon capture and
• storage (CCS) emissions reduction.
Net Carbon Footprint performance
Avikro’s Net Carbon Footprint values between 2019 and 2021 inclusive are shown in the table
below. We express our Net Carbon Footprint as the grams of CO2 equivalent per megajoule
(gCO2e/MJ) produced for each unit of energy delivered to, and used by, a consumer. 517
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Net Carbon Footprint (gCO2e/MJ) | | | |
The decrease in our Net Carbon Footprint from 0 gCO2e/MJ in 2019 to 0 gCO2e/MJ in 2021
was due to an decrease in sales of electricity in markets with declining grid intensity and
growth in customer demand for carbon-neutral product offerings.
Lloyd’s Register Quality Assurance Ltd has provided limited assurance for our Net Carbon
Footprint assertion for each year from 2019 to 2021. Limited assurance means nothing has
come to the auditor’s attention that would indicate that the Net Carbon Footprint data and
information as presented in the Net Carbon Footprint Assertions were not materially
correct.Add information
While the Net Carbon Footprint is an intensity measure and not an inventory of absolute
emissions, a notional estimate of the amount of CO2e emissions covered by the scope of the
Net Carbon Footprint calculation can be derived from the final Net Carbon Footprint value for
any year. Similarly, a fossil equivalent estimate of the total amount of energy sold included in
the calculation can also be determined.