Report Dec. 20, 2019
Report Dec. 20, 2019
Local economic growth and development
ExxonMobil adds economic value to countries where we operate by employing and training the local workforce and supporting local suppliers. We develop a local content plan specific to each country or area to establish long-term economic benefits. These plans take into account social and economic conditions, the nature of the project and the community’s needs. We work to align our plans with the goals of our partners and host-country governments. We also actively participate in external organizations and initiatives, including IPIECA and the Organization for Economic Co-operation and Development, to improve local economic development around the world.
When we hire employees from an area where we operate, they may receive additional training to develop technical and leadership skills, improving their overall employability. Our development program includes training on relevant technical and vocational skills, health and safety, environmental protection, management skills and business conduct. ExxonMobil partners with local businesses to provide training on environmental and safety requirements.
2018 performance and initiatives
We actively work to overcome challenges associated with developing and retaining a local workforce, identifying and attracting skilled labor and matching workforce skills with business requirements. We continued to make progress in local hiring and training in 2018.
2018 local hiring statistics
ExxonMobil has contributed $2.1 million to the innovative Process Technology Program since its inception, and our contributions have helped CCPI award $225,000 in scholarships to more than 150 students at participating colleges. Since CCPI began, enrollment in petrochemical-related programs at partnering community colleges has increased nearly 60 percent. In 2017 and 2018, ExxonMobil was recognized as a finalist for the American Association for Community Colleges’ outstanding college and corporate partnership award. ExxonMobil’s commitment to CCPI ensures community colleges in the greater Houston area continue to offer career tracks in the chemical industry.
ExxonMobil also helps drive local and regional economic progress. An example is ExxonMobil’s Growing the Gulf initiative. Growing the Gulf is expected to create more than 45,000 high-paying jobs by building and expanding manufacturing facilities along the U.S. Gulf Coast. The production of natural gas in U.S. shale basins, including those found in the Permian Basin in West Texas and New Mexico, has grown significantly in recent years and has enabled Gulf Coast development. A recent study estimates the company’s development of Permian Basin resources in New Mexico will generate approximately $64 billion in net economic benefits for the state and local communities over the next 40 years, creating thousands of new jobs and providing increased funding for education, health and human services, and infrastructure improvements.
OverviewExxonMobil works closely with local communities where we operate to help support their needs. We collaborate with governments and local stakeholders to invest in programs that promote local economic growth and improve social conditions. Our social investments address key needs such as access to health care, disaster relief, education and economic development.
2018 performance and initiativesIn 2018, we contributed $211 million to communities around the world. This includes donations from Exxon Mobil Corporation, our divisions and affiliates, the ExxonMobil Foundation, employee and retiree giving through ExxonMobil’s matching gift and volunteer programs, and disaster relief.
2018 community investments*
MalariaAs a major employer and investor in many malaria-endemic countries, we are part of an international effort to prevent, treat and cure the disease. Fortunately, significant progress has been made in reducing the burden of malaria in the last 20 years. In 2018, ExxonMobil contributed more than $6 million to support malaria research, education and treatment. Since 2001, we provided nearly $170 million in funding for antimalarial programs that reached more than 125 million people. Our support has resulted in the distribution of approximately 15 million bed nets, 5 million doses of antimalarial treatments and 3.9 million rapid diagnostic kits, as well as the training of more than 700,000 health workers.
Women’s economic opportunityImproving access to technology is a key driver in promoting women’s economic empowerment. Since 2005, we have invested approximately $120 million in programs that develop female entrepreneurs and business leaders and improve access to technology for women. In 2018, we contributed more than $6 million to research new methods to advance women economically, assist female entrepreneurs in growing their businesses, bolster financial literacy and improve the productivity of female farmers. We also launched an initiative to work with financial service providers such as Women’s World Banking and the Center for Global Development to increase female business owners’ ability to invest and save. ExxonMobil is a founding member of the Global Business Coalition for Women’s Economic Empowerment, which fosters systemic economic change for women by working with the private sector. ExxonMobil procures approximately $500 million annually from women-owned businesses.
EducationSince 2000, we have contributed more than $1.3 billion to education programs around the world, including approximately $58 million in 2018. We also work with industry partners to improve education opportunities in the communities where we operate.
In 2018, ExxonMobil Papua New Guinea Liquefied Natural Gas (PNG LNG) collaborated with Gas Resources PNG LNG Limited to support community investments in Papua New Guinea. Gas Resources PNG LNG Limited facilitates the distribution of royalty and equity payments for the PNG LNG landowner communities of Lealea, Papua, Boera and Porebada. Together, we identified community projects through direct engagement with elected village directors in each community. One project developed two new classrooms in Boera that can accommodate more than 180 elementary school students and additional office space for teachers.
OverviewOur employees are passionate about engaging in their communities, and we encourage them to contribute to the communities where they live and work. Through our U.S. volunteer involvement program, we provide a $500 donation to the employee’s charity of choice for every 20 hours a volunteer works, up to four times per year.
2018 performance and initiativesOver 15,000 ExxonMobil employees, retirees and their families volunteered more than 440,000 hours at 3,500 charitable organizations in 33 countries in 2018. More than 4,200 employees and retirees donated nearly $17 million to approximately 830 colleges and universities, as well as minority scholarship programs. The ExxonMobil Foundation matched that amount with nearly $33 million in 2018.