Job Family Group:
Worker Type:
Posting Start Date:
Business unit:
Experience Level:
Job Description:
The T&S Carbon Advisor(s) play a crucial role in driving the strategic and operational aspects of carbon management within Trading & Supply. This role involves developing and implementing carbon strategies, optimizing carbon trading opportunities, and ensuring compliance with regulatory requirements with a key focus on Shell Energy, SLMT and Power in Shell businesses. The ideal candidate will have knowledge of the Power and Gas trading business, (ideally) with exposure to carbon markets and emissions trading schemes, the ability to navigate complex regulatory landscapes and translate them to senior leaders in terms of business impact.
Shell Group have derived absolute carbon budgets based on the externally communicated Net Carbon Intensity (NCI) targets, leading to Net Zero Emissions (NZE) by 2050. These agreed targets now need to be implemented within the businesses and appropriate mechanisms put in place to optimize and measure performance and support business strategies and portfolio decision making in a way that supports strategic priorities and continued value generation, whilst building low carbon substitute product businesses to over time replace parts of our legacy gas businesses.
The T&S Carbon Team advises at an EC/EVP/SVP level on how changes in the carbon landscape impact integrated value for the entire Shell Group. They are responsible for advising on methodologies, reporting, planning and optimisation of the energy offerings from Trading & Supply under the Carbon Management Framework (CMF).
Reporting directly to the Carbon Portfolio Manager, the Carbon Advisors' primary role is to support the existing reporting, planning and performance management of Shell Energy Trading, SLMT and Power in Shell businesses and advise how methodology and/or emerging regulatory changes may impact value. The incumbent will work with several broader businesses spanning Downstream, IGU, Finance, Group Strategy & Environment to support transformational change as the business increasingly considers carbon targets and pricing in their business development and strategic plans.
The Carbon Advisor is expected to support strategic & portfolio decision making through carbon lens. The responsibilities include:
- Business plan optimization for value and carbon: Embed carbon within the operating plan (OP) process – forecast carbon, provide commentary and dilemmas, and embed the CMF within OP review sessions, including showcasing and facilitating evaluation and identification of “carbon levers” to address any gaps to targets.
- Portfolio management: Support the portfolio management of Group NCI delivery, ensuring carbon impact is accurately reported against KPI metrics and advising the business on opportunities to deliver higher value at lower carbon.
- Deal making: Support delivery of carbon lens in deal & investment decision making, determining the incentives to deliver more and longer-term substitution or understand the holistic carbon impact of deals within T&S.
- Methodology advice: Interface between Group Strategy (Carbon Insights) and the T&S business on methodology and/or reporting changes providing insights and analysis into business impact. Support preparation of EVP-level briefing notes relating to Carbon Reporting Committee (CRC) agenda items.
- Reporting: Own and manage the Actuals and LE reporting cycle for the Power in Shell business. Provide guidance and advice in-year performance against plan for Shell Energy Trading, Power in Shell and SLMT businesses.
- Digital leadership: Support delivery of an integrated carbon data platform to report carbon KPIs, evaluate new deals as well as optimize carbon NCI delivery whilst understanding carbon exposures against long-term scenarios and informing strategy development, senior management and various performance reviews;
- Change management and collaboration: Ensure continued embedding of CMF within T&S including championing of our carbon goals and benefits of active portfolio management around carbon. Lead efforts to collaborate with other business teams to seek resolutions to carbon trade-offs and dilemmas;
Skills and Requirements
The successful candidate will be expected to demonstrate a proven track record of the following qualities:
- Strong problem solving and analytical skills combined with demonstrated ability to analyse multiple, large and ambiguous datasets, incorporating risk and uncertainty appropriately to support decisions with incomplete information;
- Knowledge of the Power, Gas or LNG business (from either planning, financial, reporting or trading viewpoint);
- Commercial mindset and passion for optimisation and unlocking value;
- Strong interpersonal skills and the ability to cultivate an effective interpersonal network; partnering and communicating effectively with a broad set of senior stakeholders;
- Ideally, an understanding of CSRD, EU ETS, CSDDD+ and other regulatory framework behind carbon accounting;
- Natural curiosity, passion to learn and active desire to expand knowledge base (internally and externally) in evolving energy landscape, emerging energy technologies and business models;
-
DISCLAIMER:
