The Simplification will have no impact on legal proceedings relating to the climate ruling issued by the District Court in The Hague in May 2021 or any other legal proceedings currently in progress.
The court ruled that the decision is immediately enforceable against Shell and should not be suspended pending an appeal. This applies regardless of our tax residence location.
We are rising to meet the challenge of the Dutch court’s ruling and have committed to reducing our Scope 1 and 2 emissions by 50% by 2030 on a net basis compared to our 2016 emissions. As we announced as part of our Q3 results, our 2022 business plan will reflect this new target, which we are committed to delivering regardless of whether we win or lose our appeal against the ruling.
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