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Emissions and climate

Builds on success of existing efforts to reduce methane emissions and flaring, and supports the goals of the Paris Agreement

In December 2015, after more than two decades of international effort, nations convened in Paris and drafted an agreement that for the first time signaled that both developed and developing nations will strive to undertake action on climate change and report on related progress.

The Paris Agreement “aims to strengthen the global response to the threat of climate change … by: Holding the increase in the global average temperature to well below 2°C above pre-industrial levels.”

The company has supported the Paris Agreement from its inception and continues to support U.S. government participation in the framework. ExxonMobil assesses its business strategy and plans against a range of scenarios, including those that meet the objectives of the Paris Agreement, which assume progress in technologies, infrastructure and government policies related to climate change.

Builds on success of existing efforts to reduce methane emissions and flaring, and supports the goals of the Paris Agreement