fracturing — safe and successful technologies that have been used for decades — to enable energy development. With the combination of these technologies, energy secu- rity is enhanced through expanded oil and gas production. • Cybersecurity: ExxonMobil is committed to protecting all information and assets related to our global operations. We support and participate in the development of risk-based industry guidelines and existing public-private frameworks to protect against cyber threats. Because of ExxonMobil’s global operations, we are concerned about the potential fragmentation of mandatory security requirements. To the greatest extent possible, cybersecurity requirements need to be harmonized globally. • Tax policy: ExxonMobil supports stable tax policies that enable the energy industry to remain competitive in the global marketplace. Energy development benefits our economy and sound tax policy is needed to encourage investment, job creation and productivity. • International trade: Trade liberalization is among the top global issues for ExxonMobil. The company supports free trade policies for all products, including energy products such as oil and natural gas. ExxonMobil supports lifting restrictions on exports of energy products because expanding markets can benefit all consumers, since it encourages the development of new technologies, new business models and the efficient production and distribution of products. Robust trade policies benefit consumers and encourage more investment, sustain high-paying jobs and foster economic growth. • Regulatory improvement: Common-sense reforms to improve transparency, accountability and objectivity of regulations would enable effective enforcement, improve public safety and minimize economic costs. • Renewable fuel standard (RFS): ExxonMobil opposes fuel mandates such as the RFS because they distort free markets, do not provide claimed environmental benefits and ultimately increase costs to consumers. Transpor- tation fuels should be reliable and affordable to meet consumer needs, consistent with automobile and engine
manufacturers’ recommendations, and compatible with transportation fuel infrastructure.
(FEC) and are a matter of public record. During 2015, ExxonMobil’s PAC disbursed nearly $822,000* to federal and state candidates. Based on 2015-2016 election cycle disbursements, Congressional Quarterly’s Political MoneyLine lists the ExxonMobil PAC No. 52 in size relative to other corporate PACs. The ExxonMobil PAC ranks No. 43 in terms of receipts from employees and retiree shareholders. The rankings are compiled from publicly available data filed with the FEC. Our Political Activities Policy and Guidelines , as well as an itemized list of our corporate political contributions, are available on our website.
• Toxic Substances Control Act (TSCA): ExxonMobil supports TSCA reauthorization and modernization to strengthen safety standards, mandate safety reviews for all new and existing chemicals, and balance state and federal regulations of chemicals. Reforming chemical regulation strengthens oversight and provides consumers with more confidence in the safety of chemicals, while also providing companies the certainty needed to support future investments. • Education: Improving educational performance is vital to the success of our industry and to global competitiveness. We support sensible, forward-looking efforts to raise academic standards and help teachers and students. We support science, technology, engineering and mathematics education initiatives as part of a path to competitiveness. In light of the importance of sound public policies, ExxonMobil will continue to engage actively with stakeholders who have an interest in key issues that affect the company and industry. ExxonMobil makes political contributions to candidate committees and political organizations as permitted by applicable laws. These contributions are authorized by the board of directors. The corporation refrains from making political contributions in any country other than the United States and Canada. In 2015, we contributed almost $230,000 to state candidates and caucuses in 13 U.S. states. Corporate political contributions are subject to an internal review process that requires approval from the chairman. The political contributions of the corporation, as well as the contributions from the company-sponsored political action committee (PAC), are reviewed with the board of directors annually and are routinely verified during internal audits of the corporation’s public affairs activities. Eligible employees and retiree shareholders may participate in the U.S. political process by contributing to a voluntary company-sponsored federal PAC. PAC contributions are reported monthly to the Federal Election Commission ExxonMobil Perspectives blog
Political Activities Policy and Guidelines
*Totals may not reflect some candidates’ failure to deposit, or returned contributions not yet posted.
Corporate governance exxonmobil.com/citizenship
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