Shell Startup Programs & Corporate Open Innovation Analysis Energy & Environment · Energy

Shell is an energy company with expertise in the exploration, production, refining, and marketing of oil and natural gas, along with manufacturing and marketing of chemicals. Its purpose is to power progress together with more and cleaner energy solutions. They believe that rising standards of living for a growing global population are likely to continue to drive demand for energy, including oil and gas, for years to come. At the same time, technology changes and the need to tackle climate change means there is a transition underway to a lower-carbon, multisource energy system. Their ability to achieve their strategic ambitions depends on how they respond to competitive forces. They continuously assess the external environment, the markets as well as the underlying economic, political, social, and environmental drivers that shape them to evaluate changes in competitive forces and business models. The company continuously seeks to improve operating performance, and maximize sustainable free cash flow, with an emphasis on health, safety, security, environment, and asset performance, as well as adhering to its ethics and compliance principles.