According to the 2014 World Bank Gender at Work report, women are key drivers of economic progress and development. In places where women’s paid work has increased, these gains have made significant contributions to overall poverty reduction because women have been shown to consistently invest in their children and communities. Identifying and implementing community investment programs that enhance local economic development create value and reduce risk to our business. One of the most effective ways to do this is through economically empowering women.
As ExxonMobil’s women’s economic opportunity initiative approaches its 12th year, our goal is to help women fulfill their economic potential and improve their well-being and that of their families and communities. We invest in programs proven to provide women with skills and resources needed to increase their productivity and income. Our investments focus on three key program areas: supporting research to identify effective interventions, developing women farmers, entrepreneurs and business leaders, and improving women’s access to technology. In the past 11 years, ExxonMobil has invested more than $90 million in promoting economic opportunities for women, reaching tens of thousands of women in more than 90 countries.