“In carbon capture, we are conducting research to find ways to improve existing technologies. One project, with FuelCell Energy, is focused on reducing the cost of capturing carbon by using carbonate fuel cells that generate power while capturing carbon. We are identifying potential locations for pilot testing.”125 “Climate change is a global issue that requires the collaboration of governments, companies, consumers and other stakeholders. We engage a variety of stakeholders on climate change issues—including policymakers, investors, consumers, nongovernmental organizations, academics and the public—to advocate for responsible policies that would be effective in addressing the risks of climate change. ExxonMobil supports the Paris Agreement as an important framework for addressing the risks of climate change. We welcomed the Paris Agreement when it was announced in December 2015, and again when it came into effect in November 2016. We have reiterated our support to government officials, nongovernmental organizations and the broader public.”126 “We believe an effective policy response to climate change requires a thorough understanding of the climate system. Our scientists have been involved in climate change research and related policy analysis for more than 35 years, resulting in hundreds of publicly available documents on climate-related topics, including more than 50 peer-reviewed publications.”127 “At ExxonMobil, we are committed to mitigating emissions from our operations and helping consumers reduce their emissions by providing efficient fuels, lubricants and lightweight materials. In 2018 we announced GHG emissions reduction measures that are expected to lead to considerable improvements in emissions performance when compared with 2016 levels. These included: • 15 percent reduction in methane emissions by 2020 compared with 2016 (see page 26) • 25 percent reduction in flaring by 2020 compared with 2016 • 10 percent GHG emissions intensity reduction at Imperial operated oil sands by 2023 compared with 2016 (see page 27) ExxonMobil invests heavily in lower-emission energy solutions such as cogeneration, flare reduction, energy efficiency, biofuels, carbon capture and storage and other technologies. Since 2000 we have spent more than $9 billion on loweremission energy solutions. ExxonMobil (24 October 2018), ExxonMobil and Sustainability, p. 17, https://corporate.exxonmobil.com//media/global/files/sustainability-report/publication/2017-sustainability-report.pdf (last accessed on 12 September 2019). 126 Id., p. 18. 127 Id., p. 19. 125 Annex D: Corporate Statements on Climate Change and Human Rights | 32