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Business Sustainability Conference - 30 September 2003 - Amsterdam Michael Lane Global Environment Manager ExxonMobil CASE STUDY Corporate Responsibility Expectations in a Global Energy Business ExxonMobil’s Approach to CSR Business Sustainability Amsterdam 30 September 2003

Global Energy Business CASE STUDY ExxonMobil’s …local.exxonmobil.com/Files/PA/Europe/MLane_CSR_BusSustAmsterda… · Business Sustainability Conference - 30 September 2003 - Amsterdam

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Business Sustainability Conference - 30 September 2003 - Amsterdam

Michael LaneGlobal Environment Manager

ExxonMobil

CASE STUDY

Corporate Responsibility Expectations in aGlobal Energy Business

ExxonMobil’s Approach to CSR

Business SustainabilityAmsterdam

30 September 2003

Business Sustainability Conference - 30 September 2003 - Amsterdam

Energy and Development are Linked

Business Sustainability Conference - 30 September 2003 - Amsterdam

World Energy Demand is Growing

0

50

100

150

200

250

300

350

1980 1990 2000 2010 20200

10

20

30

40

50

60

1980 1990 2000 2010 20200.0

0.3

0.6

0.9

1.2

1980 1990 2000 2010 2020

Hydro

Nuclear

Biomass,MSW

Wind & Solar

Oil

Gas

Coal

Other 1.5

1.2

2.6

1.7

Growth Rate2000-2020, %

Solar

Wind

MBDOE MBDOE MBDOE

1.2

0.3

2.2

12

12

1.2

3.0

2.4

1.0

1.7

6.6

2.6

Growth Rate1980-2000, %

1.6 1.8@ 20%/yr

Total Energy Other Energy Wind & Solar

Business Sustainability Conference - 30 September 2003 - Amsterdam

The Global Perspective on Sustainability

• Energy and development are linked• Fossil fuels will remain main source of

energy for some time• Regional priorities are different• Stakeholders expectations are different

A consistent, global approach to CSR isnecessary

Embedding it in principles and practices

Corporate Citizenship

Report 2002

Business Sustainability Conference - 30 September 2003 - Amsterdam

Corporate Citizenship Principles

We fulfill our commitments to communities, customers, employeesand shareholders by meeting a number of expectations

IntegritySafetyHealth

EnvironmentCommunity care

Business Sustainability Conference - 30 September 2003 - Amsterdam

Standards of Business Conduct

“The way we achieve results,is as important as the results

themselves”

Standard of Business Conduct

Business Sustainability Conference - 30 September 2003 - Amsterdam

Systems for Sustainability

• Operations Integrity Management Systems (OIMS)– Worldwide performance requirements, verification and

improvement

• Global Energy Management System (GEMS)– Worldwide energy savings program

• Social and Environmental Impact Assessments– Worldwide assessments of our investment impact

• Controls Integrity Management System– Worldwide financial controls system

• Etc...

Business Sustainability Conference - 30 September 2003 - Amsterdam

Chad and Cameroon

Chad - Cameroon Pipeline

• Chad production field and Chad-Cameroon pipeline– EUR 8.5 billion economic benefit for

Chad

• Other benefits– 500 direct employed– Built and upgraded railroads, bridges and

roads.– HIV-AIDS education; Vaccination

programs; Anti-malaria programs– Two new national parks planned

• Extensive consultation andcompensation http://www2.exxonmobil.com/Chad/Chad_HomePage.asp

Business Sustainability Conference - 30 September 2003 - Amsterdam

Energy research -More Efficiency, Less Emissions

• Advanced internal combustionengines

• Hybrid cars

• Fuel cells

• Hydrogen

• Carbon separation

• Electrical power

• Advanced transportation fuels

Business Sustainability Conference - 30 September 2003 - Amsterdam

The Business Case for Sustainability

CSR is good for business because:

- Supports continuity- irresponsible businesses are unsustainable

- Unlocks business opportunities- Drives down costs- Motivates & retains staff- Strengthens external relationships

Business Sustainability Conference - 30 September 2003 - Amsterdam

Embedding Sustainability Into the Business

CCommunication& reporting

We recognise the need tocommunicate on our approach andactions.

Operations &Investmentdecisions

Business strategy

Core Values Integrity

OIMS, EnergyProgram,Environment Plan...

Balancing economics,environment and socialimpact

Business Sustainability Conference - 30 September 2003 - Amsterdam

Meeting Corporate ResponsibilityExpectations in a Global Energy Business

• World energy demand is growing

• Our primary role is supplying the world with abundant andaffordable energy

• And doing so in a safe, reliable and environmentally responsiblemanner - balancing interests

• By building CSR considerations into the fabric of our company

• And telling people what we do

Business Sustainability Conference - 30 September 2003 - Amsterdam

Thank you for your time!

www.exxonmobil.com