ExxonMobil Corporation, commonly referred to as ExxonMobil, is a leading global energy company headquartered in the United States. Founded in 1870, it has established a significant presence in various operational regions, including North America, Europe, and Asia-Pacific. Operating within the oil and gas industry, ExxonMobil focuses on exploration, production, refining, and marketing of petroleum products. The company is renowned for its core offerings, which include fuels, lubricants, and petrochemicals, distinguished by advanced technology and a commitment to sustainability. ExxonMobil's market position is bolstered by its extensive research and development initiatives, making it a pioneer in energy solutions. With a rich history of innovation and notable achievements, ExxonMobil continues to play a crucial role in meeting the world's energy demands while striving for environmental stewardship.
How does Exxonmobil's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Crude Oil Extraction industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Exxonmobil's score of 29 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, ExxonMobil reported total greenhouse gas emissions of approximately 92,000,000,000 kg CO2e for Scope 1 and about 6,000,000,000 kg CO2e for Scope 2, resulting in a combined total of approximately 98,000,000,000 kg CO2e for both scopes. This marks a slight increase from 2022, where emissions were about 96,000,000,000 kg CO2e for Scope 1 and 4,000,000,000 kg CO2e for Scope 2, totalling around 100,000,000,000 kg CO2e. ExxonMobil has set ambitious climate commitments, aiming for a 30% reduction in absolute greenhouse gas emissions from its upstream business by 2025, compared to 2016 levels. This target applies to both Scope 1 and Scope 2 emissions. Additionally, the company is working towards achieving net-zero emissions for Scope 1 and 2 from operated assets by 2050. The company has also focused on reducing flaring associated with oil and natural gas production, targeting a 25% reduction by 2020 compared to 2016 levels. ExxonMobil is investing in technological advancements, including the production of 10,000 barrels of algae biofuel per day by 2025, as part of its long-term sustainability strategy. Overall, ExxonMobil's emissions data and climate commitments reflect a significant focus on reducing its carbon footprint while navigating the complexities of the energy sector.
Access structured emissions data, company-specific emission factors, and source documents
1990 | 2000 | 2002 | 2004 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | - | 000,000,000,000 | 00,000,000,000 | 00,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Scope 2 | 123,000,000,000 | - | - | 000,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 3 | 90,100,000,000 | - | - | 00,000,000,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Exxonmobil is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.