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 59% 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 98,000,000,000 kg CO2e, comprising 91,000,000,000 kg CO2e from Scope 1 and about 9,000,000,000 kg CO2e from Scope 2 emissions. The company has set ambitious targets to reduce its absolute greenhouse gas emissions by 30% for its upstream business by 2025, compared to 2016 levels. This commitment includes a focus on reducing flaring associated with oil and natural gas production, aiming for a 25% reduction by 2020 from 2016 levels. ExxonMobil's long-term goal includes achieving net-zero emissions for Scope 1 and 2 from operated assets by 2050. The company has also captured and stored approximately 800,000 kg CO2e from Nucor's site in 2023, demonstrating its efforts in carbon management. Overall, ExxonMobil's emissions data and climate commitments reflect a significant focus on reducing greenhouse gas emissions while transitioning towards more sustainable practices in 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.
