Companies sign a memorandum of understanding to accelerate progress on decarbonization
SHELL and CRH have signed a memorandum of understanding whereby both businesses will work together to develop and deploy decarbonization solutions and technologies to accelerate their progress towards net-zero emissions.
The agreement will see Shell and CRH work together to explore decarbonization opportunities across transport, operations, and materials. The solutions include, but are not limited to, vehicle electrification and charging infrastructure to reduce transport emissions; deploying low-carbon fuels for off-road equipment and renewable electricity to power facilities; and developing low-carbon asphalt solutions.
Both companies believe that collaboration is key to moving at speed and scale to unlock new and innovative decarbonization solutions. By working together, they hope to maximize learning and knowledge sharing to accelerate the deployment of low-carbon solutions and technologies that will help both of them to reach net zero.
Shell and CRH say they will start work together immediately to begin delivering progress on decarbonization across Europe, North America, and Asia Pacific.