Case Study: Shell International Petroleum Company Limited strengthens sustainability due diligence for a US$12 billion biofuels JV with ERM

Shell International Petroleum Company Limited assesses 23 mills and 1,700 retail sites with ERM

The customer, Shell International Petroleum Company Limited, faced the challenge of conducting due diligence for a major biofuels joint venture with Cosan S.A., requiring a detailed review of sustainability and Health, Safety and Environment (HSE) issues. Shell appointed the vendor, Environmental Resources Management (ERM), to provide advisory services to assess these risks and inform the venture's valuation and business plan.

ERM implemented a comprehensive solution, deploying a global team to conduct site-level reviews of 23 mills, production land, and over 1,700 retail sites. The vendor assessed the venture's practices against the Bonsucro international standard and supported a stakeholder engagement program. This effort helped Shell identify risks, build trust with key stakeholders, and develop a detailed action plan to address gaps in sustainability performance.

Shell International Petroleum Company Limited