24.
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Exxon Entities
a.
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Exxon Mobil Corporation is a multinational, vertically integrated energy
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and chemicals company incorporated in the State of New Jersey with its headquarters and principal
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place of business in Irving, Texas. Exxon is among the largest publicly traded international oil and
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gas companies in the world. Exxon Mobil Corporation was formerly known as, did or does
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business as, and/or is the successor in liability to ExxonMobil Refining and Supply Company,
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Exxon Chemical U.S.A., ExxonMobil Chemical Corporation, ExxonMobil Chemical U.S.A.,
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ExxonMobil Refining & Supply Corporation, Exxon Company, U.S.A., Exxon Corporation, and
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Mobil Corporation.
a.
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Exxon Mobil Corporation controls and has controlled companywide
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decisions about the quantity and extent of fossil fuel production and sales, including those of its
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subsidiaries. Exxon Mobil Corporation recently represented that its success, including its “ability
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to mitigate risk and provide attractive returns to shareholders, depends on [its] ability to
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successfully manage [its] overall portfolio, including diversification among types and locations of
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our projects.”9
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b.
Exxon Mobil Corporation controls and has controlled companywide
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decisions related to climate change and greenhouse gas emissions from its fossil fuel products,
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including those of its subsidiaries. Exxon Mobil Corporation’s Board, or an individual/sub-set of
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the Board, or another committee appointed by the Board, holds the highest level of direct
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responsibility for climate change policy within the company. Exxon Mobil Corporation’s
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Chairman of the Board and Chief Executive Officer, its President and the other members of its
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Management Committee are actively engaged in discussions relating to greenhouse gas emissions
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and the risks of climate change on an ongoing basis. Exxon Mobil Corporation requires its
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subsidiaries to provide an estimate of greenhouse gas-related emissions costs in their economic
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projections when seeking funding for capital investments.
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SHER
EDLING LLP
ExxonMobil, “Factors affecting future results” (Feb. 2018),
https://cdn.exxonmobil.com/~/media/global/files/investor-reports/2018/2018-factors-affecting-future-results.pdf.
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COMPLAINT
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