Royal Dutch/Shell

Ranked 10 in 2008 global Accountability Rating

Scenario planning has led Shell to conclude that the energy sector’s sustainability is dependent on the emergence of a global policy framework – and with it a global cost of emitting CO2 – that spurs innovation, increases energy efficiency, limits the impact of rising energy demand and global warming, and helps maintain steady economic growth. Consequentially, Shell is taking a leadership role in helping to create the right conditions for change, including building support within its industry and among other stakeholders for an effective policy framework for CO2.

Shell also recognizes the limitations of the first generation of crop-based biofuels, and sees leadership in second-generation biofuels as a strategic priority. The company quadrupled its research investment in this area in 2007.
 
Following a long history of alleged human rights violations, Shell has also adopted one of the most advanced human rights management approaches, including:

• A commitment to work towards protection of human rights within its sphere of influence.
• A clear definition of this sphere of influence, including the different ways and degrees to which it seeks to influence relevant actors within and outside the company.
• Specific tools and guidelines that address issues such as purchasing, resettlements, working in politically sensitive regions or conflict zones, as well as forced and child labour.