Shell is an international energy company that aims to meet the world’s growing need for more and cleaner energy solutions in ways that are economically, environmentally and socially responsible. Our strategy is founded on our outlook for the energy sector as well as the chance to grasp the opportunities arising from the substantial changes in the world. A growing global population and a rise in living standards are likely to continue to drive energy demand, including oil and gas, for years to come. At the same time, technological changes and the need to tackle climate change means there is a transition under way to a lower-carbon, multi-source energy system with increasing customer choice. We recognise that the pace and specific path forward is uncertain and so requires agile decision making.