Case
Shell

Founded in London in 1897, Shell is one of the world’s largest energy companies, seeking technology and innovation to meet the world’s energy needs in a responsible way. With a presence in over 70 countries and around 92,000 employees, the company’s position on the sustainability agenda is focused on limiting
environmental impact and collaborating for a low carbon future. In pursuit of becoming a Net Zero company, Shell needs to: reduce greenhouse gas (GHG) emissions from its operations; use technology to capture remaining emissions; and protect natural carbon sinks and offset emissions that are unavoidable due to the nature of the business.

As the main deliverable of the project, WayCarbon developed the study “NbS Strategy – supporting Shell in developing a comprehensive assessment of the current and projected market potential of NbS in Brazil over the next decade” and presented the content in workshops for Shell’s global Nature-Based Solutions (NbS) team throughout 2022.