As referenced in the 2009 Corporate Citizenship Report
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Performance Overview
Corporate Governance
Highlights
- 10 of 10 rating from GovernanceMetrics International, among top 1 percent of companies rated
- Ranked above 97.6% of companies in the energy group by RiskMetrics Group
- 6500+ employees received anti-corruption law training in 2009
- 83% of outstanding shares were represented at our Annual Meeting of Shareholders
What we said in 2008
- Continue to manage succession of non-employee directors to maintain effective independent oversight
- Hold frequent meetings and discussions with socially responsible or sustainable investors, including Sustainable Investment Research Analyst Network (SIRAN), institutional investors, and other interested parties
- Complete major shareholder engagement best practices study to identify appropriate means of communication with various stakeholder groups and implement learnings
What we did in 2009
- Elected one new non-employee director after two non-employee directors retired
- Increased engagement with socially responsible or sustainable investors (including SIRAN) through 28 conference calls and 12 meetings
- The chairman met with the Investor Network on Climate Risk to discuss their concerns about our management of potential climate risks
- Following our shareholder engagement study, the vice president of investor relations discussed sustainability issues with key investors
What we plan to do
- Continue recruiting highly qualified non-employee director candidates
- Continue outreach to institutional and socially responsible or sustainable investors and other interested parties
- Participate in SIRAN calls on greenhouse gas emissions reduction technologies, and other environmental, safety, and governance issues
- Review and update corporate policies and procedures based on potential regulations from the U.S. Securities and Exchange Commission or Congressional legislation
Safety, Health, and the Workplace
Highlights
- 11% reduction in lost-time incident rate, on average, each year since 2005
- 20% participation increase in ExxonMobil Development Company’s contractor supervisor safety workshops
- 26% of our worldwide workforce is composed of women
- 33% of our executives are non-U.S. employees
What we said in 2008
- Continue industry-leading safety record
- Recommend metrics to facilitate a step-change in safety performance that shows sustainable improvement over time
- Refresh our existing Operations Integrity Management System (OIMS) framework
- Identify the best candidates for an increasingly diverse workforce through practical work experience, scholarships, and internships
What we did in 2009
- Continued to lead industry with combined employee and contractor workforce lost-time incident rates at best-ever levels
- Developed new personnel safety metrics and processes to improve performance
- Progressed process safety enhancements and new indicators
- Updated the OIMS framework
- Granted 40 U.S. technical scholarships and sponsored 1097 global internships and co-op assignments
What we plan to do
- Implement proposed enhancements to personnel safety metrics and stewardship processes
- Implement leading process safety metrics
- Deploy enhancements introduced through 2009 updates to the OIMS framework
- Participate in cross-industry efforts to understand predictors of serious injuries and fatalities
- Continue to attract, develop, and retain a premier workforce from the broadest possible pool of talent
Environmental Performance
Highlights
- 0 spills from ExxonMobil owned and operated marine vessels
- 35% reduction in nonmarine spills greater than one barrel since 2005
- $5.1 billion in worldwide environmental expenditures
- 36% reduction in combined emissions of VOCs, SO2, and NOx since 2005
What we said in 2008
- Continue historical trend in spill reduction
- Reduce normalized emissions of volatile organic compounds (VOCs) and nitrogen oxides (NOx) from our chemical operations by 5 percent per year
- Further reduce our environmental footprint, particularly in sensitive ecosystems
What we did in 2009
- Achieved zero marine spills from our owned and operated marine vessels
- Achieved our second-best spill performance for nonmarine spills, but did not meet our expectations for improvement
- Reduced normalized emissions of combined VOCs and NOx from our chemical operations by more than 10 percent
- Expanded project Environmental Standards across our upstream companies
- Recognized by the Wildlife Habitat Council for our efforts in biodiversity conservation at our Fife ethylene plant in Scotland
What we plan to do
- Introduce Corporate Environment Data Management System, a computer-based system to improve data integrity and analysis capability
- Re-emphasize spill prevention measures to re-establish our improvement trend
- Expand application of project Environmental Standards across the Corporation
- Expand the number of facilities participating in wildlife habitat enhancement programs
Managing Climate Change Risks
Highlights
- 3 million metric ton reduction of GHG emissions since 2008
- 23% reduction in upstream hydrocarbon flaring since 2008
- $1.3 billion spent on activities to improve energy efficiency and reduce GHG emissions since 2005
- 4.9 gigawatts of cogeneration capacity, enough to supply the electricity needs of more than 2 million U.S. homes
What we said in 2008
- Improve energy efficiency by at least 10 percent between 2002 and 2012 across our worldwide refining and chemical operations
- Reduce upstream hydrocarbon flaring volumes by more than 20 percent over the next several years from 2008 levels
- Advance low-carbon energy alternatives through sponsored and in-house research and development
- Monitor developments and engage with governments on climate change policy
What we did in 2009
- Improved energy efficiency by about 1 percent across our refining and chemical operations, keeping us on track to meet our 2012 goal
- Achieved our upstream hydrocarbon flaring target with a 23-percent reduction from 2008
- Launched research alliance to explore algae as a commercially viable source of transportation fuel
- Established Global GHG Manager position to help our businesses identify and address GHG challenges and opportunities
- Maintained active involvement with governments around the world through integrated climate policy issue teams
What we plan to do
- Improve energy efficiency by at least 10 percent between 2002 and 2012 across our worldwide refining and chemical operations
- Continue efforts to reduce upstream hydrocarbon flaring
- Advance technology solutions for reducing GHG emissions
- Engage with governments globally on developments in climate change policy
Economic Development
Highlights
- ~63% of our employees are located outside the United States
- 52+ thousand participants received corporate and technical training
- $860+ million spent with U.S.-based minority- and women-owned businesses
- $235 million in combined corporate giving in the form of cash, goods, and services worldwide
What we said in 2008
- Begin work to better understand our social impacts and contribution to the United Nations Millennium Development Goals
- Speak at the 2009 Extractive Industries Transparency Initiative (EITI) Global Conference
- Work with the International Center for Research on Women (ICRW) to further refine the focus of our Women’s Economic Opportunity Initiative and evaluate the impact of our women’s economic development projects
What we did in 2009
- ExxonMobil Production Company president spoke at the 2009 EITI Global Conference
- Established clear objectives, focus areas, and an evaluation framework for our women’s economic development signature program and renamed it the Women’s Economic Opportunity Initiative
- Launched a program with Ashoka’s Changemakers and ICRW to advance women’s economic opportunities through technology
- Held the first Sally Ride Science Academy for 100 teachers
What we plan to do
- Spend $1 billion a year with U.S. minority- and women-owned businesses by year-end 2012
- Work with the governments of Cameroon, Equatorial Guinea, Kazakhstan, and Nigeria to advance their EITI validation efforts before the March 2010 deadline
- Study the benefits of our operations-related and social investments to host communities
- Continue to expand the ExxonMobil Malaria Initiative to relevant tropical countries outside of Africa
Human Rights and Security
Highlights
- 8 country affiliates received security and human rights awareness training sessions
- ~60% of private security contracts include language to address human rights issues
- 8 years of active involvement in the Voluntary Principles on Security and Human Rights
- 10% of Imperial Oil’s Cold Lake workforce is Aboriginal
What we said in 2008
- Continue human rights awareness training for appropriate management and staff in 2009 and 2010
- Assist ExxonMobil affiliates to understand different aspects of human rights and their role in respecting human rights
- Continue to improve security measures while respecting human rights
- Continue active participation in the Voluntary Principles on Security and Human Rights
What we did in 2009
- Conducted dedicated security and human rights training in eight countries and increased awareness among Lead Country Managers
- Published a comprehensive human rights overview document for affiliates and other interested parties
- Began to implement improvement opportunities identified through security and human rights self-assessments
- Continued as an active member of the Voluntary Principles on Security and Human Rights
What we plan to do
- Continue deployment of security and human rights training to appropriate staff
- Further implement our Framework on Security and Human Rights through self-assessments and other processes
- Engage in international dialogues such as the Voluntary Principles on Security and Human Rights, the Fund for Peace, and consultations with United Nations Special Representative on Business and Human Rights, John Ruggie
- Continue to integrate human rights concerns into existing business operations