ExxonMobil

ExxonMobil Corporation
Quick Facts
Type	Public
Industy	Oil and Gas
Headquarters (Benelux Organization)	Breda, the Netherlands
Year of Origin	1987
Emissions (All Scopes)	112 Megatons of CO2 (2020)
Total Revenue	XXX
Stock Exchange	Bijv. Tokyo, Amsterdam
Key People	Darren W. Woods, Chairman and CEO
Number of Employees	XXX
Subsidiaries	Aera Energy Exxon Neftegas ExxonMobil Australia ExxonMobil Nigeria Imperial Oil SeaRiver Maritime XTO Energy

Exxon Mobil Corporation, stylized as ExxonMobil, is an American multinational oil and gas corporation headquartered in Irving, Texas. It is the largest direct descendant of John D. Rockefeller's Standard Oil, and was formed on November 30, 1999, by the merger of Exxon (formerly the Standard Oil Company of New Jersey) and Mobil (formerly the Standard Oil Company of New York). ExxonMobil's primary brands are Exxon, Mobil, Esso, and ExxonMobil Chemical. ExxonMobil is incorporated in New Jersey.

In 1987, Esso the Netherlands, Esso Belgium and Esso Luxembourg merged to form one Benelux organisation. Breda was chosen as the location of the new head office because it is situated midway between The Hague and Antwerp, where the former head offices of the Dutch and Belgian companies were based.

ExxonMobil is the oldest hydrocarbons company still operating in the Benelux.

In 1994, Mobil established a subsidiary MEGAS (Mobil European Gas), which became responsible for its Mobil's natural gas operations in Europe. In 1996, Mobil and BP merged their European refining and marketing of fuels and lubricants businesses. Mobil had 30% stake in fuels and 51% stake in lubricants businesses.

Company Structure

Board of Directors

Management Committee

Name	Function	Remuneration x1000EUR
Darren W. Woods	Chairman and Chief Executive Officer (CEO)	XXX
Neil A. Chapman	Senior Vice President	XXX
Kathryn A. Mikells	Senior Vice President and Chief Financial Officer	XXX
Jack P. Williams	Senior Vice President	XXX

Board of Directors

Name	Function	Remuneration x1000EUR
Michael J. Angelakis	Chairman	XXX
Susan K. Avery	Member	XXX
Angela F. Braly	Member	XXX
Ursula M. Burns	Member	XXX
Kenneth C. Frazier	Member	XXX
Gregory J. Goff	Member	XXX
Kaisa H. Hietela	Member	XXX
Joseph L. Hooley	Member	XXX
Steven A. Kandarian	Member	XXX
Alexander A. Karsner	Member	XXX
Jeffrey W. Ubben	Member	XXX
Darren W. Woods	CEO and Member	XXX

Audit Committee

The ExxonMobil Audit Committee consists of Mr. Angelakis, Ms. Burns (Chair of the Board), Ms. Hietala, Mr. Hooley.

Main Activites

The head office of the Benelux organization is situated in Breda. The production plants are located in the Rotterdam port area. ExxonMobil has been present in Rotterdam since 1891.

The Rotterdam Refinery processes different grades of crude oil varying from light low-sulphur to heavy high-sulphur oil. The crude oil is supplied by ship and stored at the tank farms on the Maasvlakte and in Europoort. It is transported from the tank farms to the refinery via pipelines where it is processed into a range of products, such as LPG, kerosene and diesel.

The Rotterdam Aromatics Plant is one of the largest aromatics production facilities in the world. The plant was built in 1963 next door to the refinery, from which it receives its basic raw materials. The plant is one of the few facilities in the world that can produce the entire range of aromatic hydrocarbons.

The three facilities of the Rotterdam Plasticizers & Intermediates Plant are closely integrated together and with the refinery. The fact that they are so far apart is the result of the various takeovers and acquisitions that have taken place in ExxonMobil's history. In terms of production, the facilities form a logical whole: oxo-alcohols and phthalic anhydride are both raw materials for plasticizers.

Plasticizers make 'hard' plastic soft and pliable. They are used to make products such as cables, textiles, wallpapering, carpeting, furniture and footwear flexible.

The Pernis Lubricant Plant - or Lube Oil Blending Plant - produces various types of engine oil for cars and lubricants for industrial applications. The plant only makes mineral-oil products; the synthetic lubricants for customers in the Benelux are imported from ExxonMobil plants in France and Finland.

The lubricants are transported via pipelines to inland waterway barges or tanker trucks, or they are stored in the warehouse in barrels and cans before they are collected.

Infineum, a joint venture with Royal Dutch Shell, is manufacturing and marketing crankcase lubricant additives, fuel additives, and specialty lubricant additives, as well as automatic transmission fluids, gear oils, and industrial oils.

Government

To what extent can the government influence company policy? (shareholder, licensing authority, client etc.) Has company received NOW support or royal status?

Paris Agreement until Today

On December 13, 2016, the CEO of ExxonMobil, Rex Tillerson, was nominated as Secretary of State by President-elect Donald Trump.

In January 2017, Federal climate investigations of ExxonMobil were considered less likely under the new Trump administration.

ExxonMobil made several climate pledges: reduce methane emissions by 15% and reduce flaring by 25% by the year 2020. Canadian company 'Imperial Oil" affiliated with Exxon Mobil pledged to reduce carbon intensity by 10% by the year 2023.

On August 6, 2021, ExxonMobil's membership in the Climate Leadership Council was suspended after one of the company's lobbyists admitted that he had lobbied several senators to remove or weaken measures in the Infrastructure Investment and Jobs Act that were intended to halt climate change.

Financial Results since 2015

This tabel is meant to indicate that the companies have plenty of money to make their company more sustainable. Clearly distinguish between Dutch data and international data.

Financial situation

Year	Revenue	Profit	Dividend
2015	XXX billion EUR	XXX EUR	XXX EUR
2016	XXX billion EUR	XXX EUR	XXX EUR
2017	XXX billion EUR	XXX EUR	XXX EUR
2018	XXX billion EUR	XXX EUR	XXX EUR
2019	XXX billion EUR	XXX EUR	XXX EUR
2020	XXX billion EUR	XXX EUR	XXX EUR
2021	XXX billion EUR	XXX EUR	XXX EUR

Scandals and controversies

Any dirt on the companies can be added here.

Current Emissions

Total emissions XXX Megatonnes of CO₂ (2020)

Scope 1	Scope 2	Scope 3
XXX Megatonnes of CO2 (2020)	XXX Megatonnes of CO2 (2020)	XXX Megatonnes of CO2 (2020)

ExxonMobil publishes by-division greenhouse gas emissions (net equity, CO₂-equivalent emissions), in millions of tonnes:

Greenhouse Gas Emissions Performance Data

	2015	2016	2017	2018	2019	2020
Upstream	56	58	57	58	54	50
Downstream	45	45	42	42	41	40
Chemical	21	21	22	23	23	22

Climate Policy and Plans

ExxonMobil plans to:

• Absolute reduction of ~30% in greenhouse gas emissions in upstream business by 2025

Due Diligence

Keep the broader context in mind. Is the company integer when it comes to deforestation, palm oil, biodiversity, human rights etc etc? Be critical in the sources used here.