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WEC CONTACT:
Isaac Skelton
Program Manager
(212) 683-4700 x211 or
isaac@wec.org

SHELL CONTACT:
Mike Hogan
Head of Media Relations
The Royal Dutch/Shell Group of Companies
Tel : ++44 (0) 207 934 6238 or
Mike.A.Hogan@si.shell.com

Kitty Borah
Media Relations
Tel : (713) 241 4654

THE ROYAL DUTCH/SHELL GROUP OF COMPANIES TO RECEIVE 2001 WEC GOLD MEDAL FOR INTERNATIONAL CORPORATE ENVIRONMENTAL ACHIEVEMENT

For Immediate Release

NEW YORK, NY, January 10, 2001 - he World Environment Center's Seventeenth Annual WEC Gold Medal for International Corporate Environmental Achievement has been awarded to The Royal Dutch/Shell Group of Companies ("Shell"). The WEC Gold Medal is awarded by an independent Jury of distinguished international environmental experts to a corporation that demonstrates preeminent industry leadership and contributes to worldwide environmental quality.

The Award will be presented at a formal gala on May 18, 2001 at the National Building Museum in Washington, D.C. Sir Mark Moody-Stuart, Group Managing Director will accept the award on behalf of Shell's 96,000 employees in more than 135 countries and in recognition of the company’s global leadership in sustainable development.

Commenting on the award, Sir Moody-Stuart paid tribute to the efforts of employees, "My colleagues and I are totally committed to a business strategy that generates profits while contributing to the well-being of the planet and its people. My thanks to the thousands of Shell people - on rigs, in plants, on forecourts, in offices - who are making it a reality."

The Jury cited Shell for its commitment to sustainable development, both as a guiding principle for its worldwide operations and as a cornerstone of the company’s management values. Guidelines for achieving sustainability are being integrated into every level of operations, including business planning, project management and daily activities.

"The evidence of Shell's leadership is apparent in the company's development of a management framework, which clearly integrates all aspects of sustainable development into the business practices of the organization," notes Dr. Joel Abrams, Professor Emeritus of the University of Pittsburgh, Chairman of the Jury. The Signature Contribution on which the Jury based its award decision is the creation by Shell of a Sustainable Development Management Framework (SDMF). SDMF goes above and beyond Shell's existing Health, Safety and Environment management systems by seeking to integrate the economic, environmental and social aspects of business. Shell supports its vision of corporate-wide sustainability through engagement, open reporting and verification.

Also factoring into the Jury's decision was Shell's leadership role in global climate change, which it considers one of the most controversial and pressing environmental issues of our time. The company is working with a wide range of NGOs, academic institutions, and regulators on the issue, in addition to applying R&D resources toward renewable energies such as photo-voltaics and wind power. Another significant factor was the newly formed Shell Foundation, launched in June 2000 with initial funding of $30 million in support of global sustainable energy, sustainable communities, and youth enterprise programs.

The World Environment Center Gold Medal for International Corporate Environmental Achievement was established in 1985 to recognize preeminent industry leadership initiatives and contributions to worldwide environmental quality. The Jury carefully examines all award applications submitted by qualified multinational companies each year. The Jury examines each nomination for a clearly articulated set of values, a history of proven accomplishment, a global outlook and a commitment to sustainable development. A complete list of Jury members, the Citation for the 2001 WEC Gold Medal Awardee, and a list of previous recipients are available at the WEC Web site: http://www.wec.org/wecgm.htm. The WEC Gold Medal Jury is completely independent of WEC and its programs, and is composed of international environmental leaders from academia, government, industry, and non-governmental organizations (NGOs).

WEC is an independent, not-for-profit and non-advocacy organization. Founded in 1974 with a grant from the United Nations Environment Programme, the Center serves as a bridge for collaboration, partnership and the exchange of information between industry, government, non-governmental organizations, and other sectors. The WEC advances sustainable development and social responsibility, encourages environmental leadership, and helps improve environmental, health and safety practices worldwide through its International Environment Forum, WEC Gold Medal for International Corporate Environmental Achievement, and international technical cooperation programs.

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