Shell carbon credit retirements
Built from registry retirement records that name this organisation as beneficiary. Retirements that name no beneficiary, or name it differently, are not included, so this view is partial.
Key figures
Tonnes retired
42,788,532
Retirements
629
Years
2019 to 2026
Projects
81
Registries
3
Source: Registry records · Data as of 1 June 2026
Retirements by year
Tonnes by the year the retirement was recorded.
| Year | Tonnes retired |
|---|---|
| 2026 | 482,602 |
| 2025 | 7,369,795 |
| 2024 | 11,952,763 |
| 2023 | 15,084,275 |
| 2022 | 2,858,317 |
| 2021 | 3,242,703 |
| 2020 | 1,797,727 |
| 2019 | 350 |
Source: Registry records · Data as of 1 June 2026
By project type
| Type | Tonnes | Share |
|---|---|---|
| Forest | 33,941,355 | 79.3% |
| Ghg Management | 4,656,302 | 10.9% |
| Agriculture | 1,544,362 | 3.6% |
| Energy Efficiency | 1,380,214 | 3.2% |
| Renewable Energy | 1,266,299 | 3% |
Types as the registries record them.
By registry
| Registry | Tonnes | Share |
|---|---|---|
| Verra | 38,925,258 | 91% |
| American Carbon Registry (ACR) | 3,708,274 | 8.7% |
| Climate Action Reserve (CAR) | 155,000 | 0.4% |
By vintage
The year the emission reduction or removal took place.
| Vintage | Tonnes | Share |
|---|---|---|
| Before 2016 | 15,910,585 | 37.2% |
| 2016 to 2020 | 22,364,237 | 52.3% |
| 2021 onwards | 4,513,710 | 10.5% |
By host country
| Country | Tonnes | Share |
|---|---|---|
| Indonesia | 11,971,853 | 28% |
| Peru | 9,460,871 | 22.1% |
| DR Congo | 5,784,279 | 13.5% |
| China | 3,220,572 | 7.5% |
| United States | 3,217,122 | 7.5% |
| Kenya | 2,057,629 | 4.8% |
| Guatemala | 1,725,894 | 4% |
| India | 1,206,601 | 2.8% |
| Zambia | 881,570 | 2.1% |
| Bangladesh | 852,000 | 2% |
The 10 largest of 22 countries.
ICVCM status of methodologies
| Current status | Tonnes | Share |
|---|---|---|
| No ICVCM decision on the methodology yet | 35,086,420 | 82% |
| Methodology under assessment | 3,604,491 | 8.4% |
| Methodology assessed and not approved | 1,376,811 | 3.2% |
| Some versions of the methodology approved | 1,319,600 | 3.1% |
| Methodology withdrawn from assessment | 1,269,702 | 3% |
| Methodology not matched to ICVCM records | 131,508 | 0.3% |
Status shown is the methodology's current ICVCM status. It may have been decided after these credits were retired.
Removals and avoidance
| Class | Tonnes | Share |
|---|---|---|
| Impermanent removal | 1,523,476 | 3.6% |
| Mixed removal and reduction | 12,593,172 | 29.4% |
| Reduction or avoidance | 28,671,884 | 67% |
Removals: 1,523,476 tonnes (long-duration and impermanent). Reduction or avoidance: 28,671,884 tonnes.
Projects retired from
Largest first. 81 projects, page 1 of 4.
| Project | Registry | Country | Tonnes | Years |
|---|---|---|---|---|
| Katingan Peatland Restoration and Conservation Project VCS1477 · Forest | Verra | Indonesia | 11,971,853 | 2019 to 2026 |
| Cordillera Azul National Park REDD Project VCS985 · Forest | Verra | Peru | 6,796,229 | 2019 to 2023 |
| The Mai Ndombe REDD+ Project VCS934 · Forest | Verra | DR Congo | 5,784,279 | 2024 to 2026 |
| The Kasigau Corridor REDD Project - Phase II The Community Ranches VCS612 · Forest | Verra | Kenya | 1,936,249 | 2022 to 2023 |
| REDD+ Project for Caribbean Guatemala: The Conservation Coast VCS1622 · Forest | Verra | Guatemala | 1,725,894 | 2020 to 2024 |
| A-Gas V6 ACR676 · Ghg Management | American Carbon Registry (ACR) | United States | 1,456,057 | 2023 to 2024 |
| Forest Management to reduce deforestation and degradation in Shipibo Conibo and Cacataibo Indigenous communities of Ucayali region VCS1360 · Forest | Verra | Peru | 1,253,673 | 2020 to 2024 |
| Reduction of deforestation and degradation in Tambopata National Reserve and Bahuaja-Sonene National Park within the area of Madre de Dios region -Peru VCS1067 · Forest | Verra | Peru | 1,160,969 | 2020 to 2024 |
| COMACO Landscape Management Project VCS1532 · Forest | Verra | Zambia | 881,570 | 2024 |
| Clean Cookstoves for Rural India VCS2944 · Energy Efficiency | Verra | India | 867,015 | 2024 to 2025 |
| A-Gas V14 ACR905 · Ghg Management | American Carbon Registry (ACR) | United States | 577,306 | 2024 to 2025 |
| A-Gas V13 ACR935 · Ghg Management | American Carbon Registry (ACR) | United States | 474,204 | 2024 to 2025 |
| Zhangye Improved Grassland Management Project VCS2748 · Agriculture | Verra | China | 421,319 | 2023 to 2025 |
| 49.5 MW Wind Power Project by Master Wind Energy Limited in Pakistan VCS1559 · Renewable Energy | Verra | Pakistan | 417,782 | 2024 |
| Reducing Gas Leakages within the Jalalabad Gas Distribution Network in Bangladesh VCS2737 · Ghg Management | Verra | Bangladesh | 360,797 | 2025 |
| CORAZÓN VERDE DEL CHACO PROJECT VCS2611 · Forest | Verra | Paraguay | 315,368 | 2025 to 2026 |
| Reducing Gas Leakages within the Karnaphuli Gas Distribution Network in Bangladesh VCS2738 · Ghg Management | Verra | Bangladesh | 267,342 | 2025 |
| Management of Community Forests for the Reduction of Deforestation in the Peruvian Amazon VCS4429 · Forest | Verra | Peru | 250,000 | 2025 to 2026 |
| A-Gas V16 ACR973 · Ghg Management | American Carbon Registry (ACR) | United States | 248,490 | 2025 |
| Jilin Linjiang Afforestation Project VCS1895 · Forest | Verra | China | 246,737 | 2023 to 2024 |
| Reducing Gas Leakages within the Pashchimanchal Gas Distribution Network in Bangladesh VCS2739 · Ghg Management | Verra | Bangladesh | 221,861 | 2025 |
| Hechu Afforestation Project in Anhui Province VCS1855 · Forest | Verra | China | 219,584 | 2022 to 2023 |
| A-Gas V8 ACR773 · Ghg Management | American Carbon Registry (ACR) | United States | 205,239 | 2023 to 2024 |
| Darkwoods Forest Carbon Project VCS607 · Forest | Verra | Canada | 200,000 | 2021 to 2023 |
| Qiantai Adjusted Water Management in Rice Cultivation VCS2398 · Agriculture | Verra | China | 180,000 | 2024 |
Source: Registry records · Data as of 1 June 2026
Questions about Shell
How many carbon credits has Shell retired?
Registry records name Shell as beneficiary for 42,788,532 tonnes across 629 retirements since 2019, as of 1 June 2026.
Which projects has Shell retired credits from?
Katingan Peatland Restoration and Conservation Project (11,971,853 tonnes); Cordillera Azul National Park REDD Project (6,796,229 tonnes); The Mai Ndombe REDD+ Project (5,784,279 tonnes). The full list of 81 projects is on this page.
Is this a complete record?
No. It includes only retirements whose registry record names this organisation. Retirements that name no beneficiary, or name it differently, are not included.
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