Materiality

Since 2006, ExxonMobil has conducted an annual materiality assessment to identify the issues that, in the view of the company’s management and its external stakeholders, have the potential to significantly affect sustainability performance.

Report

Materiality

For this 2017 Sustainability Report, we evaluated key metrics within the sustainability issues for our business and stakeholders using the following methods: 

  • Review of IPIECA reporting guidance
  • Feedback from external stakeholders
  • Engagement with employees 
  • Benchmarking of peer company reports 
  • Media review

The issues most critical to the success of our business and to stakeholder interests are covered in this report. Additional information is available throughout our company website and in other company publications. Please see our content index for a detailed mapping of the locations of information regarding all material issues. Our material issues are listed below.

2017 material issues*

*The concept of “material issues” under IPIECA guidelines used for purposes of this report is not meant to correspond to the concept of materiality for purposes of securities laws and disclosures required by the U.S. Securities and Exchange Commission’s rules. 

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Policy engagement

ExxonMobil supports active and informed participation in the political process, and we believe that sound public policy is best achieved when a variety of stakeholders are involved.

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Ethics and integrity

We observe the highest standards of integrity and ethics to develop, approve and implement projects around the world.

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Engaging on climate change policy

ExxonMobil believes the long-term objective of effective policy should be to reduce the risks of climate change at minimum societal cost, in balance with other priorities such as economic growth, education, poverty reduction, health, security and affordable energy.

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Mitigating emissions in our operations

As we seek to increase production of oil and natural gas to meet growing global energy demand, we are committed to mitigating greenhouse gas emissions within our operations.

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Spotlight: Working toward continuous improvement of process safety

ExxonMobil recently launched a comprehensive review of process safety practices used across the company to identify opportunities for improvement.

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Spill performance

ExxonMobil is committed to the prevention and elimination of spills from our operations. We seek to implement industry best practices to continually reduce the number of oil spills.

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