Shell Foundation

Shell Foundation is a philanthropic foundation. As an independent and registered charity in England and Wales, the Shell Foundation is an initiative of the oil major Shell plc. In 2000 the Foundation was incorporated as an independent UK-registered charity, with an income stream underpinned by an initial endowment of $250m (£133m) from Shell. The organisation's 10-year objective is focused on enabling tens of millions of people to raise their incomes while lowering emissions through clean energy solutions by 2032, empowering as many women as men through their work in Africa and Asia.

Shell Foundation is a philanthropic foundation. As an independent and registered charity in England and Wales, the Shell Foundation is an initiative of the oil major Shell plc. In 2000 the Foundation was incorporated as an independent UK-registered charity, with an income stream underpinned by an initial endowment of $250m (£133m) from Shell. The organisation's 10-year objective is focused on enabling tens of millions of people to raise their incomes while lowering emissions through clean energy solutions by 2032, empowering as many women as men through their work in Africa and Asia. ==Activities and charitable approach== The Shell Foundation seeks to achieve this objective by fostering innovation and scaling technologies that increase incomes for three core groups of people: Smallholder farmers (people who farm on less than 5 acres of land) Transporters (people who aspire to drive electric vehicles) Micro-entrepreneurs (people who are engaged in the small-scale provision of goods and services) ==Controversy== On 28 September 2006, an article published in The Guardian newspaper alleged that "An attempt by Shell to portray itself as a model of corporate social responsibility was undermined last night after Whitehall documents showed its charitable arm discussing a key commercial project with a British government minister." The article entitled "Campaigners attack Shell’s charity arm over Sakhalin talks" related to The Shell Foundation. The Charity Commission subsequently conducted an inquiry and according to an article published in The Guardian on 17 October 2006, concluded that The Shell Foundation "has fallen short of the good governance and decision-making that we expect from large charities”. ==References== ==External links== Charity Commission website

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