Exxon Mobil Corporation Statements on Climate Change “We are also dedicated to reducing environmental impacts and managing the risks of climate change. Society faces a dual challenge: meeting growing energy needs while protecting the environment. ExxonMobil is playing our part by reducing greenhouse gas emissions from our operations and making products that help our customers limit theirs. We are also leading the way in developing low-carbon technologies like carbon capture and storage and advanced biofuels.”121 “Management of environmental performance is guided by a fundamental scientific understanding of the impacts of energy and petrochemical production and a commitment to develop, maintain, and operate facilities using appropriate environmental standards. One area of critical importance is climate change. We manage the risks by reducing our emissions, helping consumers reduce theirs, participating in policy discussions, and advancing research to find new low-emissions technologies. For example, in 2018, we outlined measures to reduce methane emissions by 15 percent and flaring by 25 percent by 2020. We also continued to advance our research into next-generation, breakthrough energy solutions, including biofuels, carbon capture and storage, and technology to lower the energy intensity of industrial processes. Since 2000, we have invested more than $9 billion in loweremission energy solutions. On the policy front, ExxonMobil supports the Paris Agreement and market-based approaches to reduce greenhouse gas emissions, such as a revenue-neutral carbon tax.”122 “We are committed to providing affordable energy to empower human progress and improve standards of living while advancing effective solutions to address climate change. ExxonMobil believes the risks of climate change warrant action. Our climate change risk management strategy consists of four pillars: mitigating emissions in our operations, developing scalable technology solutions, providing customer solutions that reduce their greenhouse gas emissions and engaging on climate change policy.”123 ExxonMobil mentions that their “primary responsibility is to produce the energy and products the world needs in a responsible manner.”124 ExxonMobil (2018), Summary Annual Report, p. 3, available at https://corporate.exxonmobil.com//media/global/files/investor-relations/annual-meeting-materials/annual-report-summaries/2018-summary-annualreport.pdf (last accessed on 12 September 2019). 122 Id., p. 34. 123 ExxonMobil (2017), Sustainability Report Highlights, p. 16, available at https://corporate.exxonmobil.com//media/global/files/sustainability-report/publication/2017-sustainability-report.pdf (last accessed on 12 September 2019). 124 ExxonMobil, Community Engagement, available at https://corporate.exxonmobil.com/communityengagement/sustainability-report/exxonmobil-and-sustainability (last accessed on 12 September 2019). 121 Annex D: Corporate Statements on Climate Change and Human Rights | 31