Our 2050 net-zero ambition

With advances in technology and the support of clear and consistent government policies, we aim to achieve net-zero operated Scope 1 and 2 greenhouse gas emissions by 2050. To this end, we have taken a comprehensive approach to create emission-reduction roadmaps for our major operated assets. We completed these roadmaps in 2022 and will be updating them as needed to reflect technology, policy, and other developments, including the development and acquisition of major operated assets.

Read more about our progress to net zero by 2050 in our 2023 Advancing Climate Solutions Report

Our 2030 GHG emission-reduction plans1


Reduction in corporate-wide GHG intensity


Reduction in upstream GHG intensity


Reduction in corporate-wide methane intensity


Reduction in corporate-wide flaring intensity

Versus 2016 levels. Applies to Scope 1 and 2 GHG emissions from operated assets.

1. ExxonMobil’s 2030 GHG emission reduction plans, https://corporate.exxonmobil.com/News/ https://corporate.exxonmobil.com/news/newsroom/news-releases/2021/1201_exxonmobil-announces-plans-to-2027-doubling-earnings-and-cash-flow-potential-reducing-emissions.

Driving methane emissions reductions

Aiming for zero methane emissions

We are a founding signatory to the Oil and Gas Climate Initiative’s Aiming for Zero Methane Emissions Initiative announced in March 2022.1 As part of this initiative, we are working to reach near-zero methane emissions from our operated oil and gas assets by 2030. Our plans are consistent with the Global Methane Pledge and the U.S. Methane Emissions Reduction Action Plan.

2022 highlights

Through 2022, we have achieved more than 50% reduction of methane emissions intensity from operated assets, and reduced operated absolute methane emissions by 50%, since 2016. At year-end 2022, we eliminated routine flaring in our Permian Basin operated assets and remain on track to meet our goal of ending routine flaring across our global Upstream operated assets by 2030, in support of the World Bank’s Zero Routine Flaring initiative.

1. Oil and Gas Climate Initiative Aiming for Zero, https://aimingforzero.ogci.com/

Read more about methane reductions in our 2023 Advancing Climate Solutions Progress Report

High-performance plastics and advanced recycling

Plastics play a vital role in reducing greenhouse gas emissions and enabling modern life. They also play an important role in our portfolio. That is why we are focused on providing the products the world needs while working to develop and deploy solutions to reduce plastic waste.

As an industry leader in delivering high-performing, cost-competitive plastics solutions for our customers, we are using our advantages in scale, integration, and technology to help reduce emissions and plastic waste in the environment. In December 2022, we started up one of the largest advanced recycling facilities in North America at our manufacturing complex in Baytown, Texas. This complex is capable of processing more than 80 million pounds of plastic waste per year, and we will leverage the technology at our other sites to build 1 billion pounds of annual advanced recycling capacity by 2026.

Read more about advanced recycling in our 2023 Advancing Climate Solutions Progress Report

Advancing Climate Solutions Progress Report

ExxonMobil’s Advancing Climate Solutions Progress Report outlines the company’s approach to help reduce greenhouse gas emissions in support of a net-zero future.

Read more in our 2023 Advancing Climate Solutions Progress Report