Energy & Carbon Summary

ExxonMobil has a long history of responsibly meeting society‘s evolving need for energy in a reliable and sustainable manner. With a longstanding commitment to investments in technology and the ingenuity of our people, we are well positioned to continue to provide the energy that is essential to improving lives around the world, while managing the risks of climate change.

Energy is essential. Accessible and affordable supplies of energy support our ability to meet the basic requirements of life, and power society's progress around the world. 

Under most third-party scenarios that meet the objectives of the Paris Agreement, oil and natural gas continue to play a significant role for decades in meeting increasing energy demand of a growing and more prosperous global population. 

This Energy & Carbon Summary describes how we at ExxonMobil will play an important role in meeting society’s need for energy and at the same time support efforts to mitigate the risk of climate change, as reflected in the four pillars of our climate strategy: mitigating emissions in our operations, providing products to help customers reduce their emissions, developing and deploying scalable technology solutions, and proactively engaging on climate-related policy.

ExxonMobil strives to deliver superior results while providing products and services that are essential to the health and welfare of billions of people around the world. We are committed to providing reliable and affordable energy to support human progress while advancing effective solutions that address the risks of climate change. 

ExxonMobil is working to be part of the solution.

Read the Executive summary

Our efforts

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


A rigorous risk management approach is integral to ExxonMobil’s governance framework and ensures risks are appropriately identified and addressed. ExxonMobil’s Board of Directors oversees risks associated with our business, including the risks related to climate change.

Learn more about the Company's robust governance framework

Metrics and targets

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

These programs are supported by key performance metrics to identify and prioritize opportunities to deliver results.


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; greenhouse gas emissions; and government policies. We consider these fundamentals in conjunction with our Outlook for Energy to help inform our long-term business strategies and investment plans.

Actions to address the risks related to climate change position the Company to responsibly meet the growing energy demand of an increasingly prosperous world.

Risk management

ExxonMobil uses a risk management framework based on decades of experience to identify, manage and address risks associated with our business. ExxonMobil’s approach to risk governance includes clearly defined roles and responsibilities for managing each type of risk, utilizing a multilayered approach.

Task Force on Climate-related Financial Disclosures (TCFD)

The ExxonMobil Energy & Carbon Summary is aligned with the core elements of the framework developed by the Financial Stability Board’s Task Force on Climate-related Financial Disclosures (TCFD), designed to encourage informed conversations. TCFD core elements and our disclosures

Few would disagree that one of the most urgent societal challenges we face today is addressing the risks of climate change. How we meet the world’s demand for the energy necessary for economic growth while mitigating the long-term impact on our environment is key to our sustainable future.

Darren W. Woods

Chairman and Chief Executive Officer