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Oil major Exxon Mobil Corp., under increasing pressure from investors and climate change campaigners, said on Monday it planned to reduce its greenhouse gas emissions over the next five years.
Last Thursday, the Church Commissioners for England joined growing investor campaigns to demand changes at Exxon and backed calls for a board refresh and development of a strategy for the largest US oil company’s transition to cleaner fuels.
Several of Exxon’s rivals this year have set longer-term climate ambitions, including Royal Dutch Shell and BP Plc, which aim to reduce greenhouse gas emissions to net zero by 2050.
Exxon Mobil plans to lower greenhouse gas emissions by 2025
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Oil major Exxon Mobil plans to lower greenhouse gas emissions by 2025
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Exxon Vows To Reduce Emission Intensity
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Exxon Mobil, under pressure on climate, aims to cut emissions by 2025
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