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.

Tonnes retired by yearShell: 42,788,532 tonnes retired, 2019 to 2026, by year of retirement.05M10M15M20M2019: 350 tonnes20192020: 1,797,727 tonnes20202021: 3,242,703 tonnes20212022: 2,858,317 tonnes20222023: 15,084,275 tonnes20232024: 11,952,763 tonnes20242025: 7,369,795 tonnes20252026: 482,602 tonnes2026
YearTonnes 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

TypeTonnesShare
Forest33,941,35579.3%
Ghg Management4,656,30210.9%
Agriculture1,544,3623.6%
Energy Efficiency1,380,2143.2%
Renewable Energy1,266,2993%

Types as the registries record them.

By registry

RegistryTonnesShare
Verra38,925,25891%
American Carbon Registry (ACR)3,708,2748.7%
Climate Action Reserve (CAR)155,0000.4%

By vintage

The year the emission reduction or removal took place.

VintageTonnesShare
Before 201615,910,58537.2%
2016 to 202022,364,23752.3%
2021 onwards4,513,71010.5%

By host country

CountryTonnesShare
Indonesia11,971,85328%
Peru9,460,87122.1%
DR Congo5,784,27913.5%
China3,220,5727.5%
United States3,217,1227.5%
Kenya2,057,6294.8%
Guatemala1,725,8944%
India1,206,6012.8%
Zambia881,5702.1%
Bangladesh852,0002%

The 10 largest of 22 countries.

ICVCM status of methodologies

Current statusTonnesShare
No ICVCM decision on the methodology yet35,086,42082%
Methodology under assessment3,604,4918.4%
Methodology assessed and not approved1,376,8113.2%
Some versions of the methodology approved1,319,6003.1%
Methodology withdrawn from assessment1,269,7023%
Methodology not matched to ICVCM records131,5080.3%

Status shown is the methodology's current ICVCM status. It may have been decided after these credits were retired.

What the ICVCM status means

Removals and avoidance

ClassTonnesShare
Impermanent removal1,523,4763.6%
Mixed removal and reduction12,593,17229.4%
Reduction or avoidance28,671,88467%

Removals: 1,523,476 tonnes (long-duration and impermanent). Reduction or avoidance: 28,671,884 tonnes.

How projects are classed

Projects retired from

Largest first. 81 projects, page 3 of 4.

ProjectRegistryCountry TonnesYears
Foam Blowing Agent Project 003F ACR622 · Ghg Management American Carbon Registry (ACR) United States 72,904 2023
Liling LFG Power Generation Project VCS2503 · Ghg Management Verra China 63,786 2024
Adjusted Water Management in Rice Cultivation In Northern Lujiang County VCS2506 · Agriculture Verra China 63,129 2024
Parque Eolico Maldonado VCS1308 · Renewable Energy Verra Uruguay 62,674 2023 to 2024
D.Light's Improved Cooking Project In Uganda VCS4226 · Energy Efficiency Verra Uganda 60,215 2025
D.Light's Improved Cooking Project In Nigeria VCS4225 · Energy Efficiency Verra Nigeria 58,697 2025
Haidong Afforestation Project VCS1832 · Forest Verra China 57,535 2021 to 2023
Distribution of Improved cook stove - Phase 11 VCS2415 · Energy Efficiency Verra India 55,467 2023 to 2024
Distribution of Improved cook stove - Phase VI VCS2427 · Energy Efficiency Verra India 55,045 2023 to 2024
WIND POWER PROJECT BY M/S DHARIWAL INDUSTRIES LTD. AND M/S R. M. DHARIWAL (HUF) VCS840 · Renewable Energy Verra India 50,000 2023
Clean Energy Generation in Gujarat, India VCS1081 · Renewable Energy Verra India 49,542 2023
Gansu Lanzhou Afforestation Project VCS2418 · Forest Verra China 48,997 2024
Adjusted Water Management in Rice Cultivation in Xuanzhou District VCS2504 · Agriculture Verra China 43,018 2024
Qinghai Afforestation Project VCS1826 · Forest Verra China 40,848 2021
Qianxinan Afforestation Project in Guizhou Province VCS1847 · Forest Verra China 36,925 2022 to 2024
Adjusted Water Management in Rice Cultivation in Tongcheng City VCS2362 · Agriculture Verra China 36,362 2024
A-Gas V4 ACR585 · Ghg Management American Carbon Registry (ACR) United States 33,153 2023
Jilin Da'an Dagangzi Wind Power Project Phase III VCS546 · Renewable Energy Verra China 31,849 2023
Guinan Afforestation Project VCS2070 · Forest Verra China 28,076 2022 to 2024
Distribution of Improved Cookstove in Quang Nam Province, Vietnam VCS3820 · Energy Efficiency Verra Vietnam 19,832 2025
A-Gas V5 ACR646 · Ghg Management American Carbon Registry (ACR) United States 18,261 2023
Changing Lives via Improved Cooking Initiatives - Philippines VCS3356 · Energy Efficiency Verra Philippines 13,031 2025
Nanchang Zhonglan Huanneng Technical Service Co. Ltd. Maiyuan LFG Power Generation Project VCS2358 · Ghg Management Verra China 9,715 2023
Afforestation Project in Xining City VCS1825 · Forest Verra China 5,659 2021 to 2023
Adjusted Water Management in Rice Cultivation in Nanling County VCS2396 · Agriculture Verra China 5,000 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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