What does ExxonMobil say about climate change?
In April 2014, ExxonMobil released a report publicly acknowledging climate change risk for the first time. ExxonMobil predicted that a rising global population, increasing living standards and increasing energy access would result in lower greenhouse gas emissions.
What are oil companies doing about climate change?
Today, most oil companies shy away from denying climate science outright, but they continue to fight fossil fuel controls and promote themselves as clean energy leaders even though they still put the vast majority of their investments into fossil fuels.
What is ExxonMobil doing about environmental issues?
ExxonMobil will continue to focus our efforts on providing the energy the world needs, while simultaneously addressing the risk of climate change by reducing our emissions, helping consumers reduce theirs, and advancing research to find new low-emissions technologies for the future.
How is Exxon helping the environment?
ExxonMobil invested more than $1.5 billion over the last six years to improve efficiency and reduce greenhouse gas emissions from our operating facilities, such as refineries and chemical plants.
Is ExxonMobil an ethical company?
Overview. ExxonMobil strives to uphold high ethical standards at all times and in all aspects of our business. Our Standards of Business Conduct set the ethical conduct expectations for our corporation and majority-owned subsidiaries.
What Exxon knew about the Earth’s melting Arctic?
the Earth’s melting Arctic. Back in 1990, as the debate over climate change was heating up, a dissident shareholder petitioned the board of Exxon, one of the world’s largest oil companies, imploring it to develop a plan to reduce carbon dioxide emissions from its production plants and facilities.
Is Exxon moving to renewable energy?
Here in the U.S., we expanded our agreement with Global Clean Energy to purchase up to 5 million barrels per year of renewable diesel from its biorefinery in Bakersfield, California starting next year.
Is ExxonMobil investing in clean energy?
The ExxonMobil approach to clean energy Leadership in all major renewable energy technologies: The company is one of the world’s largest producers of hydroelectric power.
Is ExxonMobil going green?
ExxonMobil is on track to exceed its 2025 greenhouse gas emission-reduction plans announced in December 2020. The company anticipates year-end 2021 results to show a reduction of 15-20% in greenhouse gas intensity from Upstream operations compared to 2016 levels, four years ahead of schedule.
Is ExxonMobil sustainable?
Sustainability across our operations ExxonMobil is committed to producing the energy and chemical products that are essential to modern life and economic development, in a way that helps protect people, the environment and the communities where we operate. This includes mitigating the risks of climate change.
How is ExxonMobil socially responsible?
Around the world, ExxonMobil aims to be a preferred business partner, neighbor, employer and supplier. We maintain a corporate-wide commitment to safeguarding the health and security of our employees and the public, responsibly managing our social impacts, and upholding respect for human rights in our operations.
Is ExxonMobil ethical?
How did Exxon go from leader to skeptic on climate change research?
In the U.S., Exxon took out newspaper ads disparaging federal research into the effect of climate change on different areas of the U.S. “Today’s global models simply don’t work at a regional level,” read an Exxon Mobil ad in an August 2000 edition of the Washington Post.
What is ExxonMobil doing about renewable energy?
Biofuels and hydrogen Here in the U.S., we expanded our agreement with Global Clean Energy to purchase up to 5 million barrels per year of renewable diesel from its biorefinery in Bakersfield, California starting next year.
Can ExxonMobil actually reduce its climate emissions?
In truly shocking news from Bloomberg this weekend, we learned that Exxon Mobil, the fourth largest climate polluter in the history of fossil fuel companies, has no plans whatsoever to reduce its greenhouse gas emissions. In fact, the company plans to expand its operations and increase emissions by 17 per cent by 2025.
Is ExxonMobil invest in renewable energy?