Advancing climate solutions - 2022 progress report, July update
Investing $15 billion in lower-emission opportunities
Over the next six years, ExxonMobil plans to invest more than $15 billion on initiatives to lower greenhouse gas emissions.
The Company’s plans to reduce greenhouse gas emissions through 2030 compared to 2016 levels support its net-zero ambition.
The plans are expected to result in a 20-30% reduction in corporate-wide greenhouse gas intensity, including reductions of 40-50% in upstream intensity, 70-80% in methane intensity and 60-70% in flaring intensity.