Creating sustainable, shared value with local communities and countries, is an important component in the way the Shell Group conducts its business. Shell continually develops initiatives to achieve its ambitions to be both a partner of choice for authorities as well as a good neighbor for local communities. This paper presents Shell's local content approach, demonstrating how Shell Trinidad and Tobago Limited (STTL) creates value not only for its global business, but also to the socio-economic development of the country. It does so through early engagement and planning which increases opportunities for employees, local companies, local communities and the society. Our approach is based on a long-term perspective and delivery in close partnership with industry, government, and other local stakeholders, such as educational institutions and civil society organisations.

STTL has been an important corporate citizen in Trinidad and Tobago, creating value for the country for over 100 years not only by providing energy and energy related products but also through employment, procurement and capacity development. Targeting both demand and supply, STTL defines and implements local content interventions that extend beyond the oil and gas supply chain alone. Strategic skills development and education focused on innovation, employability and transferrable skills support local capacity and vendor development.

A key success factor is believed to be a true ‘co-creation’ approach of what ‘good local content looks like’ for Trinidad & Tobago utilizing strong stakeholder engagement and working with other International Oil Companies (IOCs), Energy Consortiums, educational institutions, civil society organisations and the Government to co-deliver on local content.

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