advancing climate solutions - 2022 progress report

Advocating for supportive policies

innovative solutions

Sound government policies are needed to accelerate the deployment of key technologies at the pace and scale required to support a net-zero future.

Supportive policies can provide direct investment and incentives in the same way they have accelerated growth for wind, solar and electric vehicles. 

ExxonMobil has long supported an explicit price on carbon to establish market incentives and provide the stability required for investments.

In the absence of economy-wide carbon-pricing systems, well-designed, sector-based policy options to drive innovation and investment could also be an effective way to reduce emissions. The Company has also played a leadership role in advocating for high-impact policies to reduce methane emissions from oil and gas operations while implementing methane-reducing technologies and processes in our operations. 

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Digital - 2022 Progress Report

Key takeaways

Net-zero ambition 

Investing $15 billion in lower-emission opportunities 

Resilient under net-zero pathways

Accelerating emissions reduction

Innovative solutions meeting society's needs, delivering value

Advancing Climate Solutions

ExxonMobil is committed to advancing innovative solutions for a lower-emission energy future. Learn more here.

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Digital - 2022 Progress Report

Key takeaways

Net-zero ambition 

Investing $15 billion in lower-emission opportunities 

Resilient under net-zero pathways

Accelerating emissions reduction

Innovative solutions meeting society's needs, delivering value

Advancing Climate Solutions

ExxonMobil is committed to advancing innovative solutions for a lower-emission energy future. Learn more here.

Options to download report

Download full report

Download executive summary

Download custom report