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 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, ExxonMobil reported global greenhouse gas emissions of approximately 91,000,000,000 kg CO2e for Scope 1 and about 9,000,000,000 kg CO2e for Scope 2, totalling around 98,000,000,000 kg CO2e. The company 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 encompasses both Scope 1 and Scope 2 emissions. ExxonMobil's long-term goal includes achieving net-zero emissions for Scope 1 and 2 from operated assets by 2050. Additionally, the company has focused on reducing flaring associated with oil and natural gas production, targeting a 25% reduction by 2020 relative to 2016 levels. In 2023, ExxonMobil captured and stored approximately 800,000 kg CO2e from Nucor's site, demonstrating its commitment to carbon capture technologies. However, specific emissions data for 2023 in the US remains undisclosed. Overall, ExxonMobil's climate strategy reflects a commitment to significant emissions reductions 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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 000,000,000,000 | 00,000,000,000 | 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 |
| Scope 3 | 90,100,000,000 | - | - | 00,000,000,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Exxonmobil has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
