Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Performance
• Managing Climate Change Risks
• Safety, Health, and the Workplace
• Corporate Governance
• Economic Development
• Human Rights and Managing Community Impacts

Environmental Achievements

• Reduced combined NOx and SO2 emissions by more than 35 percent from 2000 levels at U.S. refining facilities
• Reduced VOC emissions by 25 percent and NOx emissions by 8 percent since 2007 in global chemical operations
• More than five years without any spills to water greater than 1 barrel from owned and operated marine vessels
• Kearl oil sands project: 6.6 hectares of land permanently reclaimed, with an additional 55 hectares undergoing progressive reclamation

Social Achievements

• 44% of management and professional new hires in 2011 were women
• More than 23,000 ExxonMobil employees, retirees, and their families donated more than 728,900 volunteer hours
• Launched a Latin America Businesswomen’s Network
• Kearl oil sands project: held about 24 meetings and eight site tours for community residents since 2008

Governance Achievements

• Included management proposals for shareholder advisory votes on executive compensation in the 2011 proxy statement
• 82% of outstanding shares represented at the Corporation’s Annual Meeting
• 10 out of 10 rating from GovernanceMetrics International

Climate Goals & Targets

Environmental Challenges

• 2011 spill performance did not meet expectations; a pipeline breach in Montana resulted in an estimated 1509 barrels of oil being released into the Yellowstone River
• Combined employee and contractor workforce lost-time incident performance declined in 2011
• Upstream flaring averaged 405 million cubic feet per day in 2011, an increase of 16 percent from 2010

Mitigation Strategies

• Implementing recommendations from the Personnel Safety Study
• Increased emphasis on the prevention of serious incidents
• Implementing OIMS enhancements
• Focusing on infrastructure upgrades and special programs at sites with the highest spill rates
• Making infrastructure investments to improve gas management in Nigeria and Equatorial Guinea

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier prequalification assessments (including anti-corruption due diligence)
• Restricted parties screening
• Standard legal terms and conditions in contracts
• Consideration of local hiring, material use, supplier diversity, indigenous peoples support

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products and technologies

Reporting Standards

Frameworks Used: IPIECA, API, GRI

Certifications: Null

Third-party Assurance: Lloyd’s Register Quality Assurance, Inc. (LRQA)

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Mobil SHC Pegasus synthetic natural gas engine oil; Mobil SHC 600

Awards & Recognition

• Baton Rouge complex named 2010 Conservation Corporation of the Year
• Singapore methane capture project recognized with awards from American Chemical Council and Louisiana Department of Environmental Quality

Environmental Metrics

ESG Focus Areas

• Safety, health and the workplace
• Managing climate change risks
• Environmental performance
• Community engagement, human rights and strategic investments
• Local development and supply chain management
• Corporate governance

Environmental Achievements

• Reduced global number of spills greater than 1 barrel by more than 13 percent over the past 10 years.
• Reduced combined emissions of VOCs, SO2, and NOx by almost 40 percent over the past 10 years.
• Captured 6.3 million metric tons of CO2 for storage.
• Avoided approximately 6 million metric tons per year of greenhouse gas emissions through cogeneration.

Social Achievements

• Achieved best-ever workforce lost-time incident rate of 0.029 incidents per 200,000 work hours, an improvement of more than 80 percent compared to 2000.
• Contributed $242 million to communities around the world.
• Published ExxonMobil Supplier Expectations, a set of guidelines for contractors and suppliers that covers human rights.
• More than 1,200 key employees in 46 countries completed new computer-based human rights training.

Governance Achievements

• 11 of 13 directors were independent as defined by NYSE guidelines.
• Advisory vote on executive compensation received 89 percent of votes “For” the company’s program.
• Exceeded target with $1.4 billion in spending with diverse suppliers in the US.

Climate Goals & Targets

Environmental Challenges

• Three contractors fatally injured in separate incidents.
• Allegations of suppressing climate change research or misleading consumers or investors.
• Challenges associated with most existing low greenhouse gas emissions energy technologies.
• Potential for antimalarial drug resistance.

Mitigation Strategies

• Thoroughly investigated incidents to determine contributing factors and enhanced work practices and facilities.
• Responded in good faith to investigations while vigorously challenging their legality.
• Conducting fundamental research aimed at developing economically feasible energy solutions without subsidies.
• Supporting research into new compounds that could overcome antimalarial drug resistance.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• ExxonMobil Supplier Expectations

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products
• Carbon capture and storage
• Next-generation biofuels

Reporting Standards

Frameworks Used: IPIECA, IOGP, API, GRI G4 (informed by, not prepared in accordance with)

Certifications: ISO 9001, ISO 14001 (lubricants operations), Responsible Care® (chemical operations)

Third-party Assurance: Lloyd’s Register Quality Assurance, Inc. (LRQA)

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Advanced automotive materials
• Improved plastic packaging
• High-efficiency fuels and lubricants
• Algae-based biofuels
• Carbon capture technologies

Awards & Recognition

• Esso Exploration and Production Nigeria Limited awarded Best Company in Corporate Social Responsibility in West Africa
• ExxonMobil named among America’s Top Corporations for Women’s Business Enterprises (Platinum Distinction)

Environmental Metrics

ESG Focus Areas

• Corporate governance
• Safety, health and the workplace
• Managing the risks of climate change
• Environmental performance
• Community engagement and human rights
• Local development and supply chain management

Environmental Achievements

• Reduced net freshwater consumption at operations by about 20 percent since 2011
• Reduced the absolute number of spills greater than 1 barrel by more than 55 percent across global operations since 2011
• Combined emissions of volatile organic compounds, sulfur dioxide and nitrogen oxides decreased by almost 31 percent over the past 10 years across all businesses
• Captured approximately 6.6 million metric tons of carbon dioxide for storage in 2017
• Avoided 23.4 million metric tons of greenhouse gas emissions in 2017 from ExxonMobil actions

Social Achievements

• Achieved the fewest recordable injuries in company history in 2017
• Invested $111 million since 2005 in programs that develop female entrepreneurs and business leaders
• Contributed $204 million to communities around the world in 2017
• Exceeded target with $1.9 billion in spending with diverse suppliers in the US in 2017
• Spent $186 million with women-owned and indigenous-owned businesses outside the US in 2017

Governance Achievements

• 40 percent of the board’s independent directors were female and/or an ethnic minority at year-end 2017
• Nearly 18,000 employees and contractors participated in anti-corruption training in 2017
• Held 68 shareholder engagements on environmental, social and governance issues in 2017

Climate Goals & Targets

Environmental Challenges

• Climate change risks
• Water scarcity in almost 37 percent of major operating sites
• Maintaining safety despite operational incidents
• Balancing energy needs with environmental impact
• Managing stakeholder expectations and engagement

Mitigation Strategies

• Four-pillar climate change risk management strategy (mitigating emissions, developing technology solutions, providing customer solutions, engaging on climate change policy)
• Implementing local water management strategies, deploying water conservation technologies, using alternative water sources, recycling wastewater
• Implementing Operations Integrity Management System (OIMS) for risk management across operations
• Investing in lower-emission energy solutions ($9 billion since 2000)
• Engaging with stakeholders through various communication channels and grievance mechanisms

Supply Chain Management

Supplier Audits: Select number of suppliers audited each year for contract compliance

Responsible Procurement

• Robust safety, technical, environmental and human rights expectations and requirements for vendors
• Supplier forums, local supplier databases and local enterprise centers for business development and training

Climate-Related Risks & Opportunities

Opportunities

• Expanding the supply of cleaner-burning natural gas
• Creating lightweight plastics and other materials
• Developing premium, high-efficiency fuels and lubricants

Reporting Standards

Frameworks Used: IPIECA, International Association of Oil and Gas Producers, American Petroleum Institute

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 1: No Poverty
• Goal 3: Good Health and Well-being
• Goal 4: Quality Education
• Goal 5: Gender Equality
• Goal 7: Affordable and Clean Energy
• Goal 8: Decent Work and Economic Growth
• Goal 12: Responsible Consumption and Production
• Goal 13: Climate Action

ExxonMobil's contributions to these goals are detailed in the report.

Sustainable Products & Innovation

• Next-generation plastic packaging
• High-performance lubricants
• Algae biofuels

Awards & Recognition

• Ranked in the top 50 of Corporate Responsibility Magazine’s Best Corporate Citizens in 2017 and 2018

Environmental Metrics

ESG Focus Areas

• Energy Efficiency
• GHG Emissions Reduction
• Sustainability

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Meeting the evolving needs of customers in Africa
• Addressing the diversity and complexity of the African value chain
• Ensuring cost-effective blending through superior base oil design and performance
• Maintaining a strong supply chain

Mitigation Strategies

• Long-term, reliable Group I supply
• Strong global footprint and investment capability
• Access to advantaged technology and marketing
• Maintaining a strong supply chain via Zestcor and direct presence

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Greenhouse gas emissions declined approximately 5 percent from 2010 to 2019 due to energy efficiency improvements, and reductions in flaring, venting and fugitive emissions.
• No reportable plastic pellet losses for two consecutive years (2018 and 2019).

Social Achievements

• Achieved a historically low rate of high-consequence injuries, extending a multiyear improvement trend.
• Increased representation of women executives by 69 percent since 2009.
• Increased representation of minority executives in the United States by 80 percent since 2009.
• Contributed more than $250 million in communities worldwide to address key needs such as health care, disaster relief, education and economic development.
• Expanded human rights training with more than 1,800 employees across 49 countries completing training since 2015.

Governance Achievements

• Nine of ExxonMobil’s 10 directors were independent as defined by New York Stock Exchange guidelines (year-end 2019).
• Nearly 24,000 employees and contractors participated in compliance training.

Climate Goals & Targets

Environmental Challenges

• Addressing the risks of climate change while meeting the world’s demand for energy.
• Plastic waste in the environment.
• Managing risks inherent to operations (process safety).

Mitigation Strategies

• Investing in lower-emission technologies, such as carbon capture and advanced biofuels.
• Working on advanced recycling solutions and supporting improvements in plastic waste recovery.
• Implementing the Operations Integrity Management System (OIMS) for managing process safety risks.

Supply Chain Management

Responsible Procurement

• Supplier Expectations include human rights expectations referencing UN Guiding Principles and ILO Declaration.

Climate-Related Risks & Opportunities

Opportunities

• Development of lower-emission technologies.

Reporting Standards

Frameworks Used: IPIECA, IOGP, API

Sustainable Products & Innovation

• Advanced recycling technologies.
• Products enabling customers to increase recycled content.

Environmental Metrics

ESG Focus Areas

• Respecting human rights
• Advancing climate solutions
• Caring for land and biodiversity
• Expanding the plastics life cycle
• Minimizing operational waste
• Enhancing process safety
• Evaluating product benefits with life cycle assessments
• Conserving water resources
• Progressing product safety
• Improving air quality
• Leading in personnel safety
• Managing socioeconomic impacts
• Investing in people
• Delivering economic benefits

Environmental Achievements

• 100% of the water used in our Permian hydraulic fracturing operations comes from recycled or brackish sources
• 90% of waste produced at our network of lubricants blending & packaging plants diverted from landfill
• 23% reduction in total reportable emissions of VOC, SOx and NOx from 2016 to 2022 (operated assets only)
• 38% reduction in controlled hydrocarbon discharges to water from 2016 to 2022 (operated assets only)
• 0 reportable plastic pellet losses from resin-handling facilities

Social Achievements

• 50% increase in women and minority executives from 2016 to 2022
• $6.5 billion in spending with local suppliers, diverse suppliers, and small businesses
• $158 million in worldwide giving
• ~160,000 hours volunteered in 2022
• > $128 million invested between 2005-2022 in programs to benefit women
• >40,000 security service providers have received human rights training since 2016

Governance Achievements

• 33% overall board diversity as of May 31, 2023
• Industry-leading lost-time incident rate (LTIR) of 0.02 per 200,000 work hours

Climate Goals & Targets

Environmental Challenges

• Reducing greenhouse gas emissions while increasing energy supply
• Managing water resources in operating areas
• Protecting biodiversity
• Improving air quality
• Managing waste
• Ensuring product safety

Mitigation Strategies

• Investing over $20 billion in lower-emission investments from 2022 through 2027 (50% for emission reduction from operated assets, balance for enabling other companies to reduce emissions)
• Implementing a 10-year water management roadmap in the Permian Basin
• Prioritizing waste avoidance and implementing a waste mitigation hierarchy
• Expanding advanced recycling capacity to 1 billion pounds annually by 2026
• Continuous process of updating and translating safety data sheets

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Working with suppliers committed to responsible sourcing, respecting human rights, and reducing environmental impacts.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products, carbon capture and storage, hydrogen, lithium, and biofuels.

Reporting Standards

Frameworks Used: TCFD

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Advanced recycling technologies, lower-emission fuels, hydrogen, lithium, and biofuels.

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Safety
• Diversity & Inclusion
• Community Investment
• Emissions Reduction

Environmental Achievements

• Acquired Denbury Inc., expanding CO2 pipeline network and carbon capture capabilities.
• Started up Beaumont Refinery expansion, increasing capacity.
• Started up Strathcona Renewable Diesel project.
• Progressed Singapore Resid Upgrade project.
• Achieved zero routine flaring in Permian operations.
• Reduced emissions at Baytown chemical complex by up to 30% (potential with hydrogen facility).

Social Achievements

• Sustained industry-leading personnel safety performance.
• Over 60 percent of global employee workforce is from outside the U.S.
• 39 percent of global management, professional and technical hires were female over the past decade.
• 37 percent of U.S. management, professional and technical hires were minorities over the past decade.
• Community investment initiatives.

Governance Achievements

• Annual cybersecurity review by the Audit Committee.
• Disciplined investment strategy.
• Robust enterprise risk management system.
• Share repurchase program.

Climate Goals & Targets

Environmental Challenges

• Supply and demand volatility in oil, gas, and petrochemical markets.
• Economic conditions and recessions.
• Government regulations and policies, including those related to greenhouse gas emissions.
• Climate change and the energy transition.
• Competition from alternative energy sources.
• Geopolitical risks and security concerns.
• Cybersecurity threats.
• Regulatory and litigation risks.
• Inflationary pressures.

Mitigation Strategies

• Diverse growth portfolio of exploration and development opportunities.
• Disciplined investment approach focused on low cost of supply.
• Investments in lower-emission solutions (carbon capture, hydrogen, biofuels, lithium).
• Strong operations performance, product mix optimization, and cost control.
• Robust enterprise risk management system.
• Commodity-based contracts and derivatives to manage price risk.
• Structural cost savings initiatives.
• Active asset management program.
• Cybersecurity program.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Severe weather events, natural disasters

Transition Risks

• Government policies to reduce greenhouse gas emissions.
• Competition from alternative energy sources.
• Changes in consumer preferences.

Opportunities

• Development and deployment of lower-emission technologies (CCS, hydrogen, biofuels, lithium).

Sustainable Products & Innovation

• Renewable diesel
• High-performance polymers
• Linear alpha olefins
• Mobil™ Lithium