ExxonMobil Outlines Achievements in Environmental, Safety, Economic & Social Performance
2009 Corporate Citizenship Report Details Industry Leading Results
-- Greenhouse gas emissions reduced by three million metric tons, the equivalent of taking 600,000 cars off U.S. roads -- Lowest-ever workforce lost-time incident rate recorded -- More than $860 million spent with U.S.-based minority- and women-owned businesses
IRVING, Texas--(BUSINESS WIRE)-- Exxon Mobil Corporation (NYSE:XOM) today issued its 2009 Corporate Citizenship Report detailing actions to improve environmental, economic and social performance, while providing the energy needed to support economic recovery and growth around the world.
The report details how ExxonMobil reduced greenhouse gas emissions, was an industry leader in worker safety and, despite the economic downturn, invested at record levels in 2009 - more than $27 billion in capital and exploration expenditures. The company also contributed about $262 billion, or more than 13 times its earnings, to economies around the world through taxes and purchases of goods and services.
"Meeting the challenge of sustainability requires that we effectively address the complex environmental, economic and social issues of our time while delivering on our primary responsibility - finding and providing the reliable supplies of energy needed by current and future generations for progress and prosperity," said Rex W. Tillerson, chairman and chief executive officer.
"The global economic downturn since mid-2008 has affected energy demand and energy prices, but it has not extinguished the aspirations of today's rapidly developing nations or the needs of the over 2 billion people who lack access to modern energy supplies. ExxonMobil is committed to the highest standards of corporate citizenship while supplying the energy that is essential to growth and development."
Tillerson said ExxonMobil's most fundamental corporate citizenship priority was its continued commitment to safety, health and environmental protection in every aspect of its operations around the world.
"The tragic Deepwater Horizon incident in the Gulf of Mexico is a reminder to our entire industry of the need to be ever vigilant in protecting people, local communities and the environment," said Tillerson.
The Corporate Citizenship Report details how ExxonMobil:
-- Recorded its lowest-ever combined employee and contractor workforce lost-time incident rates in 2009, and achieved an annual 11 percent reduction in lost-time incident rate on average each year since 2005. -- Reduced direct greenhouse gas emissions from its operations to 128 million metric tons, a reduction of three million metric tons, which is the equivalent of taking 600,000 cars off U.S. roads, and cut upstream hydrocarbon flaring by 23 percent. -- Invested $1.3 billion in the past five years to increase energy efficiency and reduce greenhouse gas emissions. -- Improved energy efficiency across its refining and chemical operations, keeping it on track to meet its target of improving energy efficiency by at least 10 percent between 2002 and 2012. -- Achieved zero spills from ExxonMobil owned and operated marine vessels and one leak of trace amounts from a long-term chartered marine vessel in 2009. Reduced the number of other/non-marine spills greater than one barrel by 35 percent since 2005. -- Increased its purchases of materials and services from minority- and women-owned businesses based in the United States by 43 percent from 2008 to $863 million. -- Provided $235 million in combined corporate giving in the form of cash, goods and services worldwide, including donations of $39 million from ExxonMobil employees and retirees. -- Employed a variety of economic support and incentive programs for capacity building - collectively referred to as national content development. In Nigeria for example, ExxonMobil awarded contracts totaling more than $1.8 billion to Nigerian-registered companies, and 43 percent of total in-country spending was retained in Nigeria.
The full 2009 Corporate Citizenship Report and summary version are available now on www.exxonmobil.com.
About the Corporate Citizenship Report
The Corporate Citizenship Report was prepared in accordance with the reporting guidelines and indicators of the International Petroleum Industry Environmental Conservation Association and the American Petroleum Institute Oil and Gas Industry Guidance on Sustainability Reporting. The majority of these indicators are also consistent with the indicators used by the Global Reporting Initiative in the G3 Sustainability Reporting Guidelines Version 3.0.
ExxonMobil, the largest publicly traded international oil and gas company, uses technology and innovation to help meet the world's growing energy needs. ExxonMobil holds an industry-leading inventory of resources, is the largest refiner and marketer of petroleum products, and its chemical company is one of the largest in the world. For more information, visit www.exxonmobil.com.
ExxonMobil engages in a range of philanthropic activities that advance education, health and science in the communities where ExxonMobil has significant operations. Globally, ExxonMobil provides funding to improve basic education, promote women as catalysts for development, and combat malaria and other infectious diseases in developing countries.
In 2009, together with its employees and retirees, Exxon Mobil Corporation, its divisions and affiliates, and ExxonMobil Foundation provided $235 million in contributions worldwide, of which more than $112 million was dedicated to education. Additional information on ExxonMobil's community partnerships and contributions programs is available at www.exxonmobil.com/community.
Source: Exxon Mobil Corporation
Released May 25, 2010