Case Study

Providing due diligence advisory services for sustainability and HSE related issues of a proposed US$12 billion biofuels joint venture

Providing due diligence advisory services for sustainability and HSE related issues of a proposed US$12 billion biofuels joint venture

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Case Study: Shell International Providing due diligence advisory services for sustainability and Health, Safety and Environment (HSE) related issues of a proposed US$12 billion biofuels joint venture Background Shell International Petroleum Company Limited (Shell) and Brazilian company, Cosan S.A. (Cosan), intend to form a joint venture (JV) which would: produce and commercialize ethanol, sugar and power from sugar cane distribute and sell ethanol, and industrial and transportation fuels to customers through a network of about 4,500 retail outlets in Brazil explore business opportunities to produce ethanol and sugar elsewhere in the world. Our Approach Shell appointed ERM to provide a detailed review of sustainability and HSE issues in relation to the operation of Cosan and the future JV.

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