Corporate Performance Management

Corporate Performance Management

June 04, 2013

ExxonMobil Corporate Citizenship Report Explains Role across Six Key Focus Areas

ExxonMobil, one of the largest publicly traded international oil and gas company, applying science and innovation to find better, safer and cleaner ways to deliver the energy the world needs, recently printed its 2012 Corporate Citizenship Report, specifying its safety, environmental, economic and social performance.

ExxonMobilthe is one of the largest refiners and marketer of petroleum products, and its chemical company ranks among the world’s largest.  The company has now come up with its latest Corporate Citizenship report that has been prepared as per the requirements set by International Petroleum Industry Environmental Conservation Association and the American Petroleum Institute Oil and Gas Industry Guidance on Sustainability Reporting (December 2010). This report also built in accordance with the Global Reporting Initiative (GRI) G3.1 Sustainability Reporting Guidelines.

The report highlights about the company’s plans, motives and performance across six key citizenship focus areas including environmental performance, managing climate change risks, safety, health and the workplace, corporate governance, economic development and supply chain management and human rights and managing community impacts.

Rex Tillerson said, chairman and CEO, said, “ExxonMobil’s role is to create the technologies and techniques to develop and supply energy to growing populations and economies – in a safe, secure and environmentally responsible manner.” The Corporate Citizenship Report explains how ExxonMobil strives to fulfill that role.

Using innovation and technology, ExxonMobil has been offering energy and petrochemical products to meet the world’s growing demand. The company operate facilities or market products in nearly all of the world’s countries and explore for oil and gas on six continents.

The latest Corporate Citizenship Report says that the company has reduced spills to land and water by 37 percent since 2002 and has accomplished an aim to improve energy efficiency by 10 percent in refining and chemical operations, while reducing hydrocarbon flaring by 18 percent in upstream operations and 43 percent in downstream operations between 2002 and 2012.

The company has also attained $1 billion in spending with U.S. minority- and women-owned businesses through direct purchases and spend leveraged through contracts.

In addition, the company has initiated extensive research and development programs that supports their operations, enable continuous improvement in each of the business lines and explore new and emerging energy sources and technologies.

Edited by Rachel Ramsey

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