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POWERING
PROGRESS
ANNUAL REPORT AND ACCOUNTS
FOR THE YEAR ENDED DECEMBER 31, 2020
ROYAL DUTCH SHELL PLC
CONTENTS
INTRODUCTION GOVERNANCE
iii About this Report Directors’ Report
iv Terms and abbreviations 114 The Board of Royal Dutch Shell plc
1 Powering Progress 122 Senior Management
124 Introduction from the Chair
126 Statement of compliance with the
STRATEGIC REPORT UK Corporate Governance Code
4 Chair’s message 128 Governance framework
6 Chief Executive Officer’s review 130 Board activities and evaluation
8 Selected financial data 134 Understanding and engaging with
10 Shell story our stakeholders
18 Strategy and outlook 138 Workforce engagement
22 Section 172(1) statement 140 Nomination and Succession
28 Risk factors Committee
38 Market overview 143 Safety, Environment and
41 Summary of results Sustainability Committee
43 Performance indicators 145 Audit Committee Report
46 Integrated Gas 153 Directors’ Remuneration Report
53 Upstream 157 Annual Report on Remuneration
61 Oil and gas information 173 Directors’ Remuner
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