Royal Dutch Shell

Royal Dutch Shell, commonly known as Shell, is an Anglo-Dutch multinational oil and gas company headquartered in the Netherlands and incorporated in the United Kingdom. Created by the merger of Royal Dutch Petroleum and UK-based Shell Transport & Trading, it is among the largest companies in the world in terms of revenue, and one of the six oil and gas "supermajors".
Founding supporter since 2003

Statement of support

Jessica Uhl, Chief Financial Officer at Shell, Paris 2019.
For an international energy company, it is important to show what we have paid to governments in different countries. But we also understand that people want to know why we have paid that amount. That’s why apart from being open about taxes ourselves, we encourage governments to join the EITI and share contracts and licenses in line with EITI’s revised standard on contract transparency. With this standard, EITI enables reliable information to governments, companies and society. And the EITI offers a platform where governments and companies can be held accountable.

Engagement with the EITI

Shell participates in multi-stakeholder groups in several countries. Most recently, the company joined the multi-stakeholder group in the Netherlands. Shell's Executive Vice President on Tax and Corporate Structure, Alan McLean serves on the 2019 - 2021 international EITI Board.

To help improve accountability and achieve greater transparency, the company supports a mandatory global reporting rule for extractive industries, in line with the EITI Standard. Shell supports the principles of regulations that seek to improve tax accountability and good governance, always ensuring that it respects the laws of countries where it operates. It also endorses the responsible tax principles set out by the B Team.

Tax and transparency

In 2003, Shell was the first company to publish the taxes, royalties and other payments made to the Nigerian government. These were published with the government's permission and support. The company has been publishing the revenues from taxes and royalties voluntarily since 2012. 

Since 2016 Shell has made mandatory disclosures under the UK’s Reports on Payments to Governments Regulations 2014 (amended December 2015). The company files its reports on payments to governments with the relevant UK authorities. The Payments to Governments Report includes detailed payments on a project by project basis in 29 countries.   

Shell also publishes a Tax Contribution Report, which aims to provide easily accessible and detailed information on Shell’s taxes 2018. This report builds on the information Shell discloses in its Annual Report, Sustainability Report and Payments to Governments Report.

Jessica Uhl, Chief Financial Officer at Royal Dutch Shell, talks about the importance of tax transparency in the sidelines of the 2019 EITI Global Conference. 

Read more about Shell's tax approach here.

Link to the statement of support to the EITI on Shell's website

EITI Board member

Mr Alan MCLEAN

Executive Vice President, Tax and Corporate Structure, Royal Dutch Shell