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China, India and South
Africa
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Countries (LDCs) G77,
G32, Africa Caribbean
Pacific, African Union
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represented by: International Chamber of
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Table of Industrialists (ERT), The
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Chief Executives, Nippon Keidanren, and
the Union of Industrial and Employers'
Confederations of Europe (UNICE)
Non-member countries
NGOs, primarily represented by:
Focus on the Global South, Oxfam, Third
World Network, Institute for Agriculture and
Trade policy, International Gender & Trade
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Economic elements: Profitability is essential to discharging responsibilities and staying in
business. It is a measure both of efficiency and of the value that customers place on Shell
products and services. It is essential to the allocation of the necessary corporate resources and
to support the continuing investment required to develop and produce future energy supplies to
meet consumer needs. Without profits and a strong financial foundation it would not be
possible to fulfill the responsibilities outlined above. Shell companies work in a wide variety of
changing social, political and economic environments, but in general they believe that the
interests of the community can be served most efficiently by a market economy. Criteria for
investment decisions are not exclusively economic in nature but also take into account social
and environmental considerations and an appraisal of the security of the investment.
Responsibilities: To conduct business as responsible corporate members of society, to
observe the laws of the countries in which they operate, to express support for fundamental
human rights in line with the legitimate role of business and to give proper regard to health,
safety and the environment consistent with their commitment to contribute to sustainable
development. These five areas of responsibility are seen as inseparable. Therefore it is the
duty of management continuously to assess the priorities and discharge its responsibilities as
best it can on the basis of that assessment.
Political activities: (a) Of companies: Shell companies act in a socially responsible manner
within the laws of the countries in which they operate in pursuit of their legitimate commercial
objectives. Shell companies do not make payments to political parties, organizations or their
representatives or take any part in party politics. However, when dealing with governments,
Shell companies have the right and the responsibility to make their position known on any
matter, which affects themselves, their employees, their customers, or their shareholders. They
also have the right to make their position known on matters affecting the community, where
they have a contribution to make. (b) Of employees: Where individuals wish to engage in
activities in the community, including standing for election to public office, they will be given the
opportunity to do so where this is appropriate in the light of local circumstances.
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