Energy and environment

Energy and Carbon Summary

Our Company has a proven record of successfully responding to changes in society’s needs. With long-standing investments in technology, we are well-positioned to meet the demands of an evolving energy system.

Energy underpins modern life. People around the world rely on energy to cook their meals, heat their homes, fuel their cars, and power their hospitals, schools and businesses. Our industry plays a critical role in fulfilling society’s economic needs and providing the foundation for a healthier and more prosperous future.

We also play an essential role in protecting the environment and addressing the risks of climate change. ExxonMobil is taking significant steps to minimize the greenhouse gas (GHG) emissions from our own operations.

This year’s Energy & Carbon Summary details some of these efforts. It is aligned with the core elements of the framework developed by the Financial Stability Board’s Task Force on Climate-related Financial Disclosures, designed to encourage the informed conversation society needs on these important issues. Through our active participation in this conversation, and our ongoing actions to meet energy needs and environmental expectations, ExxonMobil will continue to take a leadership role in meeting the world’s dual challenge.

2019 Energy and Carbon Summary

PDF/10.57 MB Feb. 4, 2019

Our efforts

ExxonMobil aspires to position itself as a leader in providing energy while evolving the energy system. Through these four pillars, we ensure that processes and programs are implemented to mitigate risks, reduce emissions and improve our energy efficiency.

Governance

ExxonMobil’s Board of Directors and Management Committee work together to oversee and address risks associated with our business, including risks related to climate change. Structured risk management is interwoven into ExxonMobil’s corporate governance framework to ensure risks are appropriately identified and addressed

Metrics and targets

ExxonMobil has established programs to drive improvements in energy efficiency and mitigate GHG emissions. These programs are supported by key performance metrics, which are utilized to identify and prioritize opportunities to drive progress.

Strategy

Our business strategies are underpinned by a deep understanding of global energy system fundamentals. These fundamentals include the scale and variety of energy needs worldwide; capability, practicality and affordability of energy alternatives; carbon emissions; and government policy.

Risk management

ExxonMobil utilizes a risk management framework based on decades of experience to identify, manage and address risks associated with our business, from operational to financial to strategic.

There are few challenges more important than meeting the world’s growing demand for energy while reducing environmental impacts and the risks of climate change.

ExxonMobil is committed to doing our part to help society meet this dual challenge.

Darren W. Woods

Chairman and Chief Executive Officer

Download the report

Explore the 2019 Energy and Carbon Summary to discover how we strive to meet the world’s demand for energy while protecting the environment and addressing the risks of climate change.

2019 Energy and Carbon Summary

PDF/10.57 MB Feb. 4, 2019