In 2016, contributions totaling $10 million were made in support of business development and micro-enterprise training for women in the developing world.
Empowering women is a key element to enhancing local economic development. Investing in women helps support broad transformation in developing regions and contributes to a more equitable society. For example, it lowers infant mortality, improves health and nutrition, increases educational opportunities, enhances economic growth and food security and reduces poverty.
As ExxonMobil’s women’s economic opportunity initiative approaches its 13th 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. From 2005 until year-end 2016, ExxonMobil has invested nearly $104 million in promoting economic opportunities for women, reaching tens of thousands of women in more than 90 countries.