Advancing climate solutions - 2022 progress report

Innovative solutions meeting society’s needs, delivering value

Innovative solutions

ExxonMobil leverages its core capabilities to meet society’s needs for products essential for modern life, while addressing the challenge of climate change.

The strategy uses ExxonMobil’s advantages in scale, integration, technology and people to build globally competitive businesses that lead industry in earnings and cash flow growth across a broad range of scenarios. The Company plans to play a leading role in the energy transition, while retaining investment flexibility across a portfolio of evolving opportunities to maximize shareholder returns. 

Areas of focus:

  • Driving industry-leading safety and reliability; lowering greenhouse gas emission intensity.
  • Developing and sustaining lowest cost of supply through aggressive management of cost and capital efficiency.
  • Improving the mix and resiliency of our asset and product portfolios with industry-advantaged technology and investments along with targeted divestments.
  • Maintaining flexibility to adjust investments and product offerings as technology, policy and markets evolve.
  • Engineering new approaches and breakthroughs to reduce cost and accelerate large-scale deployment of lower-emission opportunities.
  • Advocating for cost-effective, market-based policies to drive innovation and investment in emission reductions.
  • Collaborating with universities, governments and the private sector to develop new lower-emission technologies.
For more than 130 years, we’ve been a leader in innovation, supplying products people need to live healthy, prosperous lives in an ever-changing world. We’re committed to continuing to provide these critical products, working toward the goals of the Paris Agreement, and creating value for all stakeholders.

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Advancing Climate Solutions

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

Advancing Climate Solutions

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