A key step in developing this Corporate Citizenship Report is ensuring the content reflects ExxonMobil’s most material issues. According to IPIECA, the global oil and gas industry association for environmental and social issues, material issues for sustainability reporting are those that, in the view of both the company’s management and its external stakeholders, have the potential to affect sustainability performance significantly. ExxonMobil has been conducting a materiality assessment to guide our reporting since 2006.
For this 2016 report, we reevaluated and prioritized key sustainability issues for our business and key stakeholders. A cross-functional team of ExxonMobil managers reviewed stakeholder feedback and business information to prioritize sustainability issues. The issues that are most critical to the success of our business and to stakeholder interest are covered in detail in this report. Additional information is available throughout our website and in other company publications. Please see our IPIECA/GRI/SDG index for a detailed mapping of where information regarding all material issues is located. Our draft materiality assessment results were reviewed and updated by internal subject matter experts and the External Citizenship Advisory Panel during fall 2016. Note that the concept of “material issues” under IPIECA guidelines used for purposes of this report is not meant to correspond to the concept of materiality for purposes of securities laws and disclosures required by the U.S. Securities and Exchange Commission’s rules. Our material issues are listed below.