ExxonMobil

Our analysis reveals how ExxonMobil’s climate plans fail to align with international commitments to phase out fossil fuels and to limit global temperature rise to 1.5ºC.

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How does ExxonMobil stack up?

We analyzed ExxonMobil’s climate and sustainability pledges and plans on ten criteria across ambition, integrity, and people-centered transitions, representing minimum baselines for potential alignment with the Paris Agreement. ExxonMobil’s climate pledges and plans are “Grossly Insufficient” on all ten criteria.
  • Table Key

  • Grossly insufficient
  • Insufficient
  • Partially aligned
  • Close to aligned
  • Fully aligned

AMBITION

INTEGRITY

PEOPLE-CENTERED TRANSITIONS

Our analysis reveals how ExxonMobil’s climate plans fail to align with international commitments to phase out fossil fuels and to limit global temperature rise to 1.5ºC.

Read more about ExxonMobil here

Stop exploration

Grossly insufficient

Stop approving new extraction projects

Grossly insufficient

Decline oil and gas production year-on-year to 2030

Grossly insufficient

Set explicit end-date for oil and gas extraction and long-term production phaseout plan, aligned with 1.5°C

Grossly insufficient

Grossly insufficient

Grossly insufficient

Grossly insufficient

Grossly insufficient

Set absolute target(s) to reduce all its greenhouse gas emissions, including value chain emissions

Grossly insufficient

Do not rely on carbon sequestration or offsets

Grossly insufficient

Pursue methane reductions that serve climate goals, not greenwashing

Grossly insufficient

End lobbying and ads that obstruct climate solutions

Grossly insufficient

Grossly insufficient

Grossly insufficient

Grossly insufficient

Grossly insufficient

Support and fund just transitions for workers and communities where it operates

Grossly insufficient

Uphold human rights and Indigenous Peoples’ rights, including to Free, Prior, and Informed Consent

Grossly insufficient

Grossly insufficient

Grossly insufficient

Stop exploration

Stop approving new extraction projects

Decline oil and gas production year-on-year to 2030

Set explicit end-date for oil and gas extraction and long-term production phaseout plan, aligned with 1.5°C

Set absolute target(s) to reduce all its greenhouse gas emissions, including value chain emissions

Do not rely on carbon sequestration or offsets

Pursue methane reductions that serve climate goals, not greenwashing

End lobbying and ads that obstruct climate solutions

Support and fund just transitions for workers and communities where it operates

Uphold human rights and Indigenous Peoples’ rights, including to Free, Prior, and Informed Consent

Grossly insufficient

Grossly insufficient

Grossly insufficient

Grossly insufficient

Grossly insufficient

Grossly insufficient

Grossly insufficient

Grossly insufficient

Grossly insufficient

Grossly insufficient

Ambition: Drilling for More Oil and Gas

ExxonMobil does not have a date set to stop exploration, stop approving new extraction projects, or end oil and gas production. ExxonMobil has not set a rapidly declining fossil fuel production target, and therefore its plans are dangerously out of step with climate goals.

ExxonMobil plans to continue increasing its oil and gas production this decade. The company expects to increase production by 12 percent from 2023 to 2027 (from 3.7 to around 4.2 million barrels per day) – but this could be even greater. ExxonMobil predicted in 2023 that its merger with U.S. fracking company Pioneer Natural Resources could enable its production to grow to over 5 million barrels per day by 2027.

It’s unthinkable to approve any new fossil fuel development when the majority of oil, gas, and coal in existing fields and mines must stay underground to keep warming to globally agreed limits.

Read the report for our full analysis and sources.

Historical Responsibility

  • 2 nd

    ExxonMobil's Rank

    ExxonMobil’s Rank for most cumulative climate pollution in history among ALL investor-owned companies.

  • 55.1 billion

    Tonnes of CO2e Pollution

    linked to ExxonMobil’s fossil fuel production since the 1880s.

  • $ 1.2 trillion

    Amount Exxon Would Owe

    If the company were held partially accountable for the climate loss and damages caused by its pollution since 1985 alone.

“The industry has to continue to invest, and we saw in 2018, particularly with a lot of the climate emphasis, people were pulling back on that, we leaned in.”

ExxonMobil CEO, Darren Woods

Integrity: Failing Climate Targets

Do ExxonMobil’s actions add up to a credible pathway to 1.5°C?

ExxonMobil has not set any target to reduce its total emissions.

Under ExxonMobil’s existing plans, the company’s climate pollution could continue increasing indefinitely. ExxonMobil’s emissions reduction pledge is a smokescreen – it covers only a small fraction of the company’s total emissions, ignoring pollution caused when the oil and gas ExxonMobil produces and sells is burned.

To meet its climate targets, ExxonMobil plans to rely heavily on the ‘net’ in ‘net zero’ – investing in carbon capture and carbon offsets, which may prolong the life of fossil fuels, have a long track record of failure, and perpetuate injustice. Instead, oil and gas companies should take responsibility for reducing their oil and gas extraction and sales as rapidly as possible.

Meanwhile, there is evidence that ExxonMobil is lobbying against climate action, greenwashing, and otherwise maneuvering to undermine the energy transition.

Read the report for our full analysis and sources.

At a glance

  • $ 36  billion

    In Fossil-Fueled Profits

    The profits ExxonMobil reaped in 2023, largely from producing and/or selling fossil fuels.

    Source: Reuters

  • 21

    Industry associations lobbying against climate action

    ExxonMobil is a member of 21 industry associations that are “Misaligned” on climate policy as of May 2024.

People-Centered Transitions: Inadequately Preparing

While many companies have co-opted the language of ‘just transition’ from labor and climate justice movements in recent years, ExxonMobil rates “Grossly Insufficient” on its real-world just transition plans and on upholding human rights.

Independent analysis confirms that ExxonMobil does not have adequate policies to support and fund just transitions for workers and communities or to uphold human rights and Indigenous Peoples’ rights.

Though ExxonMobil published a human rights statement in January 2024, it makes no mention of Indigenous Peoples’ right to Free, Prior, and Informed Consent. The company also faces ongoing allegations of significant human rights violations.

Read the report for our full analysis and sources.

Rovuma LNG in Mozambique

Communities in the region of Cabo Delgado in Northern Mozambique have been fighting against a “gas rush,” where trillions of cubic feet of gas were discovered in 2006. The Stop Mozambique Gas campaign is the latest effort to push back against land grabs and destructive impacts to local ecology across Mozambique.

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Support the campaign to stop ExxonMobil and its partners in Mozambique!

The Say No to Gas! in Mozambique campaign aims to bring an end to the gas industry in Mozambique, focusing on the region of Cabo Delgado in northern Mozambique. Can you support their call?

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