Shell today launched carbon neutral driving for fleet customers in Singapore. Regional automotive group Komoco Holdings Pte Ltd is Shell’s first fleet customer to take part in this new programme. It allows Komoco Holdings to take its sustainability initiatives further and let their customers purchase new vehicles filled with fuel that is carbon neutral.

As part of Shell’s aim to be a one-stop-shop for customers’ mobility needs, the carbon neutral driving offer adds to a portfolio of products and services that Shell has developed for customers to avoid, reduce and offset emissions from their fleet.

With the Shell Card, fleet customers can also opt in to a range of mobility solutions, such as telematics and Shell Fleet Hub, to help them track fuel consumption and driving behaviours for better fleet planning and fuel efficiency.

In addition, Shell also recently announced electric vehicle charging at 10 locations islandwide to support fleet owners looking to incorporate electric vehicles into their business. Greenlots, a member of the Shell Group, has a network of more than 100 public and private charging stations in 50 locations across Singapore.

“Across the region and in particular Singapore, we see customers looking for smart ways to manage their fleet effectively. We offer fleet customers five key benefits – convenience, control, security, savings and sustainability. These solutions help our customers future proof their business by adopting innovative solutions at a faster rate whilst operating in a cost efficient and sustainable manner. As the fleet ecosystem continues to evolve, we aim to work closely with customers and relevant stakeholders to ensure that we bring the best possible offerings to spur the sector forward,” said Zain Hak, General Manager, Shell Fleet Solutions Asia.

“Komoco Holdings is delighted to support Shell’s carbon offset programme, given the clear synergy with our sustainability vision. Through this initiative and more, Komoco Holdings is committed to contributing productively in addressing climate change,” said Mr Teo Hock Seng, Executive Chairman, Komoco Holdings. “As a Group, we recognise that behavioural change takes time, and we also hope to encourage more drivers to do their part for the environment – one way is to actively adopt electric and hybrid vehicles so that we can move towards low to zero-emissions as a nation.”

How CO2 offsetting works

Once fleet customers opt into the programme, each time they refuel using the Shell Card, Shell tracks the fleet’s overall fuel consumption, calculates the associated lifecycle emissions1, and then purchases the quantity of carbon offset required for these emissions.

In the process, companies who opt in will support the protection and reforestation of forests that absorb carbon, contributing to nature-based CO2 reduction projects around the world.

CO2 offsetting is also available to fleet customers in countries including the Netherlands, Hong Kong, Germany, Luxembourg, France, and Belgium.

1The calculation of lifecycle CO2 emissions are subject to change over time, due to variations in factors such as fuel specifications and biofuel content.

Notes to Editors:

  • To learn more on Shell Fleet Solutions, please visit www.shell.com.sg/fleetsolutions.
  • For further information on Shell’s investments in natural ecosystems and carbon neutral driving, please visit www.shell.com/naturebasedsolutions.
  • The terms “Carbon Neutral”, “Carbon Offset” or “Carbon offset compensation” are applied in a non-technical way to indicate that Shell has engaged in a transaction to ensure that an amount of carbon dioxide, equivalent to the production, delivery and usage of the fuel, has either been removed from the atmosphere through a nature-based process such as re-forestation, or emissions mitigated through avoided deforestation.

ABOUT SHELL SINGAPORE

As one of the world’s leading energy companies, Shell plays a key role in meeting the world’s growing energy demand in economically, environmentally and socially responsible ways. In Singapore, Shell employs more than 3,100 people and is one of the country’s largest foreign investors. Shell has been in Singapore since 1891 and has businesses including trading and marketing of liquefied natural gas; manufacturing, trading, marketing and shipping of oil products and chemicals; and development of renewable energy solutions. For more information, visit www.shell.com.sg.

ABOUT KOMOCO HOLDINGS

Komoco Holdings Pte Ltd is a regional automotive group of companies that was established in 1986 with it base operation in Singapore. The Group has a strong retail distribution network of sixteen points of sales for six leading brands spanning across Singapore and China including Hyundai, Harley-Davidson, Jeep, Ferrari, Maserati, and Alfa Romeo (China). The portfolio of brands provides a variety of options for the populace to luxury motorcycle and super car collectors. The Group has also been certified by the brand factories for their state-of-the-art AfterSales facilities.

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Josephine.pang@edelman.com

Royal Dutch Shell plc

Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 70 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects. For further information, visit www.shell.com.

Cautionary Note

The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities. In this announcement “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 its 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 announcement 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.

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