Governance

Corporate governance

Introduction

ExxonMobil has a long-standing commitment to high ethical standards.

Good corporate governance creates a business environment conducive to long-term growth. All our directors are required to stand for election each year at our annual meeting of shareholders. Independent directors also chair key board committees – audit, compensation, board affairs and public issues and contributions – that consist entirely of independent directors.

ExxonMobil’s board of directors provides a key oversight role, including review of risk management efforts and long-term strategic plans. Ensuring that we have diversity of background, experiences and thought represented on the board remains critical to succeeding in a global market.
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Neil A. Hansen Vice president, investor relations and corporate secretary, Exxon Mobil Corporation

40% of the board’s independent directors were female and/or an ethnic minority in 2017

100% of employees are required to comply with our Standards of Business Conduct

51 countries are involved with the Extractive Industries Transparency Initiative

36 million U.S. jobs are supported by international trade

Spotlights

Board engagement in ExxonMobil operations

Each year, members of the board of directors and its public issues and contributions committee visit an ExxonMobil site to gain a deeper understanding of our operations and to view ExxonMobil standards, principles and capabilities first-hand.

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