Mitigating greenhouse gas emissions in our operations As we seek to increase production of oil and natural gas to meet growing global energy demand, we are committed to continuing to take actions to mitigate greenhouse gas emissions within our operations. ExxonMobil has a robust set of processes designed to improve efficiency, reduce emissions and contribute to effective long-term solutions to manage climate change risks. These processes include, where appropriate, setting tailored objectives at the business, site and equipment levels, and then
develop breakthrough, game-changing technologies. Since 2000, ExxonMobil has spent approximately $7 billion to develop lower-emission energy solutions. In 2015, ExxonMobil’s net equity greenhouse gas emissions were 122 million CO 2 -equivalent metric tons. Relative to our 2014 performance, our 2015 emissions decreased by approximately 1 million CO 2 -equivalent metric tons. This decrease was primarily driven by energy efficiency improvement and asset divestment.
stewarding progress toward meeting those objectives. Based on decades of experience, ExxonMobil believes this rigorous bottom-up approach is a more effective and meaningful way to drive efficiency improvement and greenhouse gas emissions reduction than simply setting high-level corporate targets. We also believe that continuing to use this approach will yield further improvements in all sectors of our business. In the near term, we are working to increase energy efficiency while reducing flaring, venting and fugitive emissions in our operations. In the medium term, we are deploying proven technologies such as cogeneration and carbon capture and sequestration where technically and economically feasible. Longer term, we are conducting and supporting research to
2015 CDP (Carbon Disclosure Project) response
Greenhouse gas emissions (normalized)
Greenhouse gas emissions avoided from ExxonMobil actions 2 Net equity, CO 2 -equivalent emissions Millions of metric tons
Greenhouse gas emissions (net) 1 Net equity, CO 2 -equivalent emissions Millions of metric tons
Net equity, CO 2 -equivalent emissions Metric tons per 100 metric tons of throughput or production
80
2006
139
2006
2.3
70
2007
135
4.5
2007
60
2008
126
6.9
2008
50
2009
123
9.1
2009
40
126
2010
2010
11.8
30
128
2011
2011
13.6
20
126
2012
2012
15.5
10
2013
127
2013
17.9
2011 2010 2009 2008 2007 2006 2012 2013 2014 2015
2014
123
2014
19.7
Upstream Downstream Chemical
2015
122
2015
20.5
Through our commitment to energy efficiency, application of structured processes and continued use of a bottom-up approach, we continue to yield industry-leading results. For example, normalized greenhouse gas emissions from our Downstream business totaled 18.9 metric tons per 100 metric tons of throughput or production in 2015. This represents an improvement of 13 percent compared with our 2006 performance.
Upstream Downstream Chemical
Energy efficiency and cogeneration Flare/vent reduction
1 Our calculations are based on the guidance provided in API’s Compendium of Greenhouse Gas Emission Estimation Methodologies for the Oil and Gas Industry and IPIECA’s Petroleum Industry Guidelines for Reporting Greenhouse Gas Emissions. In 2015, ExxonMobil’s net equity greenhouse gas emissions were 122 million CO 2 -equivalent metric tons. Relative to our 2014 performance, our 2015 emissions decreased by approximately 1 million CO 2 -equivalent metric tons.
In 2015, greenhouse gas emissions avoided from ExxonMobil actions were 20.5 million metric tons, cumulative since 2006. This represents an additional reduction of 0.8 million metric tons compared with our 2014 performance.
2 Cumulative since 2006.
Managing climate change risks exxonmobil.com/citizenship
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