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Oil Major Exxon Mobil Boosts Emissions Reduction Target for 2025

(Source: Shutterstock.com; Image of Exxon Mobil sign by STRINGER Image / Shutterstock.com) Exxon Mobil Corp. unveiled plans on Dec. 14 to further reduce its greenhouse gas emissions over the next five years to support the goals of the Paris Agreement. Similar to other oil and gas companies, Exxon Mobil has faced growing pressure from investors and climate activists to meet the 2015 Paris climate goal to limit global warming to 2 degrees Celsius from pre-industrial levels. Recently, Exxon Mobil has come under attack by a small investment company whose activist campaign demanding changes at Exxon including the U.S. oil company’s transition to cleaner fuels has attracted growing support by the Church Commissioners for England and D.E. Shaw.

Exxon Mobil, under pressure on climate, aims to cut emissions intensity by 2025

Exxon Mobil, under pressure on climate, aims to cut emissions intensity by 2025
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Church of England, D E Shaw Join Activist Campaign Targeting Exxon Mobil

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