advancing climate solutions - 2022 progress report, july update

Net-zero ambition

Sustainable solutions

With the support of clear and consistent government policies, ExxonMobil aims to achieve net-zero emissions from its operated assets by 2050 and is taking a comprehensive approach centered on developing detailed emission-reduction roadmaps for major operated assets. 

This ambition applies to Scope 1 and Scope 2 greenhouse gas emissions. It builds on the Company’s 2030 emission-reduction plans, which include plans to reach net-zero emissions in our Permian Basin unconventional operations by 2030, and ongoing investments in lower-emission solutions, including carbon capture and storage, hydrogen and biofuels. 

The Company’s roadmap approach identifies greenhouse gas emission-reduction opportunities and the investment and policy needs required to achieve net-zero. 

The roadmaps are tailored to account for facility configuration and maintenance schedules, and they will be updated as technologies and policies evolve. Net-zero roadmaps for major assets are ahead of schedule and expected to be completed by year-end 2022.

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Digital -  2022 Progress Report

Key takeaways

Investing $15 billion in lower-emission opportunities

Advocating for clear and consistent government policies

Resilient under net-zero pathways

Accelerating emissions reduction

Create sustainable solutions that improve quality of life and meet society’s evolving needs

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

Investing $15 billion in lower-emission opportunities

Advocating for clear and consistent government policies

Resilient under net-zero pathways

Accelerating emissions reduction

Create sustainable solutions that improve quality of life and meet society’s evolving needs

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