Shell Thailand celebrates its 126th anniversary by emphasizing sustainability and social contribution to create Better Lives
Sep 24, 2018
Bangkok, Thailand – The Shell Company of Thailand Limited is celebrating its 126th anniversary by emphasizing its sustainability and social contribution through the ‘More & Cleaner Energy’ strategy. This is designed to achieve sustainable energy in an era of national energy transition while also focusing on local people development by the “Believe-Become-Belong” approach. The aim is to support Thailand’s future energy needs and meet the increasing consumer’s demand for a better life while reducing greenhouse gas emissions through innovation, partnership and people development.
Mr. Asada Harinsuit, Chairman of the Shell Company of Thailand Limited, said: “Throughout our 126 years in Thailand and as the longest-established energy company here, we are proud to have helped develop the country and society. Shell, as an oil and energy leader, aims to drive business growth by placing greater emphasis on sustainable energy as Thailand continues its transition towards cleaner energy sources. This is aligned with our global mission to reduce the carbon footprint by 20% by 2035[1]. We believe that our resilient portfolio development is in line with our purpose of providing more and cleaner energy to society and continuously supporting the Thai Government’s goals of security, prosperity and sustainability under its Thailand 4.0 policy.”
As it marks 126 years in Thailand, the company is enhancing the innovation and quality of its operation in the Kingdom. This year, along with the ‘More & Cleaner Energy’ strategy, achieving a sustainable future focuses on the integration of three core components: innovation, partnership and people development. Shell Thailand is well-placed in the social contribution journeys where Carbon-Neutral Climate Action, Digitized Road Safety as well as People Development for Self Sufficiency are among its focused areas.
Innovation: Carbon-Neutral Climate Action, a sustainable energy transition with net-zero carbon emission efforts, has started from within the corporation. To indicate responsible consumption and production goals, the company provides quality products and waste management while enhancing the new energy, both internally and externally, for example, the adoption of solar panels at Shell Thailand and the introduction of biofuels as an alternative energy source to support prosperity and build on Thailand’s competitive advantage.
Partnership: All these innovations and technologies would not have taken place without collaboration between the public, private and other key social sectors. The transition to cleaner energy would not be possible without backing from government policy, stronger biofuel support from automakers, and smarter technology adoption by biofuel producers. In parallel to the economic and environmental development, from the social aspect, Shell ensures that Safety is among the top priority to make life’s journey better. One of the key social partnership projects includes Digitized Road Safety which engages with Thai children and youth to be aware while playing key roles in their community’s safety and life skills development.
People: Investment in people is key to a better life and a better world. People Development for Self Sufficiency is a concept in which Shell gives precedence to agricultural communities and the young generation to move Thailand forward. Investments in skills and education are elements inherent to cleaner energy and greater life opportunities, and through the project Fuel the Happiness, Shell allows communities to grow vegetables in Shell stations and sell those goods to Shell customers. Shell training and part-time sessions are also available for students during school holidays. In addition, talent development for children is integrated in efforts to move Thailand forward, for example the Shell Eco Marathon.
Moving forward with its sustainable development goal and social contribution, Shell Thailand has worked towards the “Believe-Become-Belong” concept. “Believe” is to build trust and understanding among stakeholders in dealing with energy challenges, and to promote awareness of cleaner energy while responding to the needs of all related parties. “Become” focuses on 6 goals of the UNSDGs throughout the business chain, especially in collaboration with the government, the private sector and Thai civil society, to shape Thailand’s energy direction. And “Belong” represents business cooperation to build Shell employees to help drive the country’s success and bring sustainable happiness to all customers and its stakeholders.
Enquiries
Thitipa Laxanaphisuth
Country Manager - External Relations
The Shell Company of Thailand
T +66 (0) 2 262 7326
Yada Sintavarattana
H+K Strategies Thailand
M +66 (0) 2-627-3501 #213
E YSintavarattana@hkstrategies.com
Cautionary Note
The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities. In this press release “Shell”, “Shell group” and “Royal Dutch Shell” are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to Royal Dutch Shell plc and subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this press release refer to entities over which Royal Dutch Shell plc either directly or indirectly has control. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as “joint ventures” and “joint operations”, respectively. Entities over which Shell has significant influence but neither control nor joint control are referred to as “associates”. The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest.
This press release contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Royal Dutch Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as “aim”, “ambition’, ‘‘anticipate’’, ‘‘believe’’, ‘‘could’’, ‘‘estimate’’, ‘‘expect’’, ‘‘goals’’, ‘‘intend’’, ‘‘may’’, ‘‘objectives’’, ‘‘outlook’’, ‘‘plan’’, ‘‘probably’’, ‘‘project’’, ‘‘risks’’, “schedule”, ‘‘seek’’, ‘‘should’’, ‘‘target’’, ‘‘will’’ and similar terms and phrases. There are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this press release, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; and (m) changes in trading conditions. No assurance is provided that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this press release are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Royal Dutch Shell’s 20-F for the year ended December 31, 2017 (available at www.shell.com/investor and www.sec.gov ). These risk factors also expressly qualify all forward looking statements contained in this press release and should be considered by the reader. Each forward-looking statement speaks only as of the date of this press release, 11 July 2018. Neither Royal Dutch Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this press release.
We may have used certain terms, such as resources, in this press release that United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov.