Shell, Penske partner on decarbonization, sustainability efforts

Shell, Penske partner on decarbonization, sustainability efforts

The strategic collaboration will help customers reduce emissions in their supply chains, the companies say.

Shell Oil Company and Penske Corporation have announced a new strategic collaboration that will aim to offer customers a solution to help address emissions across multiple touchpoints in their supply chains, with the initial focus on the U.S.

Shell and Penske say they also aim to help to reduce the carbon footprint of the NTT IndyCar Series.

Shell and Penske have already worked together in their own operations. Shell has helped to deliver energy savings at pilot Penske Automotive Group dealer sites and is providing fast chargers to help pilot fully electric heavy-duty trucks. Penske Logistics is delivering optimization benefits in Shell’s lubricants supply chain through fourth-party logistics services.

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