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Exxon Mobil

ExxonMobil Corporation is a publicly listed fully integrated oil and gas company headquartered in the USA. In 2020, it had USD 178.57 billion in revenue and a reported 72,000 employees*. ExxonMobil is the largest of the Western oil and gas majors. Its scope 3 emissions from petroleum product sales were equivalent to all of Canada's emissions in 2019. Its climate plan is unambitious and lacks detail.

Ranking position
#49 /100
Total score
5.2 /100
Performance score
2.2 /20
Narrative Score
ABCDE
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-100)

Targets

10.1 /100 #25

Material Investment

2.0 /100 #71

Intangible Investment

0.0 /100 #20

Sold products

5.4 /100 #29

Management

57.2 /100 #11

Supplier Engagement

12.5 /100 #33

Client Engagement

5.0 /100 #39

Policy Engagement

2.0 /100 #95

Business Model

8.8 /100 #36

Leading practices

No leading practices were identified for this company.

Risks and opportunities

Trend

ExxonMobil receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. If the company continues the trajectory seen between 2014 and 2019, its scope 1, 2 and 3 emissions intensity will see no decline. Even though the company is already expected to exceed its 1.5°C carbon budget by 50% between 2019 and 2050, it continues to explore for new oil and gas fields.

ExxonMobil’s climate strategy is unambitious and lacks key elements. Investors recently showed their disaffection with the company’s management by electing three board directors against the wishes of the CEO. These new directors were chosen in part to help ExxonMobil better manage the low-carbon transition.

Progress towards the Paris Agreement

More about the company

Headquarters
Irving, Texas, United States of America
Group revenue
USD 178.57 billion
Ownership structure
Publicly listed
Number of employees
72,000
Scope of activity
Fully integrated
Website
https://corporate.exxonmobil.com/