Irving, Texas, United States
Exxon Mobil Corporation (NYSE:XOM) has issued its 2005 Corporate Citizenship Report (CCR) covering the company's global performance in meeting world energy demand while advancing the company's environmental, social and economic programs.
New additions to the 2005 report include a description of the company's approach to engagement with a variety of parties, greater discussion around future initiatives and challenges and an extensive presentation of the company's position on climate change. The report also includes a comparative performance data table for the years 2002-2005 and, for the first time, a third party assurance by Lloyd's Register Quality Assurance of the company's methodology in non-financial reporting.
Achievements in 2005 include industry-leading safety performance, the company's best-ever record in spill prevention and extending investments in energy-saving cogeneration technology which now deliver a 9-million metric ton annual reduction in carbon dioxide emissions. The report is available on www.exxonmobil.com.
"This report illustrates our commitment to meeting energy demand in an economically, environmentally, and socially responsible manner," said Rex W. Tillerson, ExxonMobil's new Chairman and Chief Executive Officer in his opening letter. "We firmly believe the way we achieve results is as important as the results themselves. We are proud of our achievements to date, and we look forward to even greater achievements in the future."
Report Highlights
The report adheres to the International Petroleum Industry Environmental Conservation Association (IPIECA) and the American Petroleum Institute (API) Oil and Gas Industry Guidance on Sustainability Reporting. The majority of these guidelines are consistent with those issued by the Global Reporting Initiative. A comparison between the IPIECA and GRI guidelines is new to this year's report. Highlights of the report include:
-- Throughout 2005, ExxonMobil maintained its industry-leading safety and health record. Adhering to its consistent objective, "Nobody Gets Hurt," the company inaugurated a new reporting system, IMPACT, designed to expand its ability to collect and analyze health, safety, and environmental incidents. ExxonMobil has already reduced employee lost-time incidents by 90 percent since 1994, and by 60 percent since
2000.
-- In 2005, ExxonMobil made significant additional progress in meeting energy needs while operating responsibly everywhere it does business. The company had only two minor oil to water incidents, the lowest ever number of such incidents; increased cogeneration facilities to 85, reducing greenhouse gas emissions by approximately 9 million metric tons annually; continued its effort to develop and deploy economically viable technologies that can meet future energy demands; and reinforced expectations to all its business lines for superior environmental performance. In particular, the company was recognized for its leadership in energy conservation and environmental stewardship at the 27th Industrial Energy Technology Conference in New Orleans in May 2005.
-- ExxonMobil is committed to reducing energy consumption and improving energy efficiency in its operations. Since its inception in 2000, the Global Energy Management System (GEMS) has developed internal targets for efficiency improvements that have resulted in ExxonMobil reducing energy costs by about $500 million per year, and associated global greenhouse gas emissions by about 7 million metric tons per year.
-- In 2005, ExxonMobil introduced its Framework on Security and Human Rights for implementing the Voluntary Principles on Security and Human Rights in seven countries: Angola, Cameroon, Chad, Equatorial Guinea, Indonesia, Nigeria, and Venezuela. The Framework provides guidance and expectations for managing security relationships with both host governments and private security providers. It is being integrated into the company's Operations Integrity Management System for these and all other ExxonMobil-operated facilities worldwide in 2006.
-- ExxonMobil supports transparency, opposes corruption, and is committed to honest and ethical behavior wherever the company operates. During 2005, the company added two additional agreements regarding transparency of payments with governments, those of Kazakhstan and Nigeria, bringing ExxonMobil's total number of transparency agreements to five.
-- ExxonMobil is keenly aware of the health and economic impacts of malaria on its workforce, their families, and the communities where the company operates. ExxonMobil works with partners to advance the objectives and strategies of the global initiative to Roll Back Malaria. Through ExxonMobil's Africa Health Initiative, the company has awarded more than $20 million to support health organizations and programs in the fight against malaria and related public health priorities.
-- Last year, the company launched a new community investment program, the Educating Women and Girls Initiative, in eight countries. As an extension of ExxonMobil's long-standing support for education, it invested more than $3 million to help reduce a major barrier to economic growth by providing women and girls in developing countries greater access to education and training. In 2005, major projects were funded in Qatar, Kazakhstan, Indonesia, Colombia, Angola, Chad, Equatorial Guinea and Nigeria, to help girls stay in school and provide professional and vocational education and adult literacy training, among many other initiatives.
-- ExxonMobil's Workplace Flexibility Program was updated to enhance employees' ability to achieve an effective work-life balance. In addition, the Working Globally program was introduced to help bridge cultural gaps in global work teams.
The company closely monitors its diversity performance, continuously striving for improvement, including better gender balance and broader leadership opportunities for women worldwide. In the United States, the focus continues on increasing representation of women and minorities.
CONTACT: ExxonMobil Media Relations 972-444-1107
CONTACT: ExxonMobil Media Relations 972-444-1107, ,
Source: Business Wire (Business Wire India)