Exxon Mobil Corp

Oil & Gas

Company Summary

ExxonMobil is one of the largest global oil and gas companies, with a long history of integrating ESG principles into its operations. The company has made efforts to reduce its carbon emissions and has committed to achieving net-zero emissions by 2050. ExxonMobil is investing in carbon capture technologies and renewable energy solutions. However, its ESG rating is impacted by ongoing criticism regarding its reliance on fossil fuels, which contribute to climate change. Environmental groups argue that ExxonMobil’s efforts are insufficient to address the scale of the climate crisis, and its investments in renewable energy are still a small part of its overall portfolio. ExxonMobil's ESG score reflects both its contributions to energy innovation and the ongoing challenges it faces in shifting away from carbon-intensive operations. For a detailed overview of ExxonMobil's ESG efforts, refer to the latest ExxonMobil ESG report, which outlines the company’s achievements and areas that require significant improvement.

ESG Rating Overview

Sustainalytics

Overall ESG Rating :

43.7
Rating Scale
0-10Negligible10-20Low20-30Med30-40High40+Severe
Ranking
Industry Group
Oil & Gas Producers120 out of 309
Universe
Global Universe15190 out of 16215

Overall ESG Rating :

69
Rating Scale
0-25Poor 25-50Satisfactory 50-75Good75-100Excellent
0100E65S71G73

Overall ESG Rating :

BBB
Rating Scale
CCCB
Laggard
BBBBBA
Average
AAAAA
Leader

XOM is Average among 33 companies in the integrated oil & gas industry.

Temperature Rise :

3.2℃
CLIMATE SCALE
≥ 3.85°CLagging > 2°C - < 3.85°CMisaligned ≤ 2°CAligned

News from Exxon Mobil Corp

FAQ

What is ExxonMobil's ESG score?

ExxonMobil's ESG Risk Rating is considered to have a "High" exposure with "Average" management, indicating significant environmental, social, and governance risks.

How does ExxonMobil address environmental concerns?

What sustainability initiatives has ExxonMobil implemented?