Doing business in a clear, open way is a commitment we work hard to keep, and we promote transparency where possible throughout our industry.
Shell's approach to tax in Singapore is in line with the IRAS’ Tax Governance Policy Framework and Shell plc’s approach.
Shell believes greater transparency about the payments we make to governments is an important way to increase trust. We pay taxes and royalties to governments around the world. We are reporting our payments to governments under a variety of rules and regulations, such as the EU Accounting Directive.
We continue to work on this issue and support a mandatory global reporting rule for extractive industries. We are working with a range of stakeholders to find a practical way of achieving this.
More in sustainability
We began reporting voluntarily on our environmental performance with the first Shell Report that covered 1997. We do it to be transparent, and to show how we are contributing to sustainable development.