ExxonMobil

ExxonMobil is an industry leader in almost every aspect of the energy and chemical manufacturing business. It operates facilities or markets products in most countries around the world. The company explores for oil and natural gas on six continents. It also researches and develops next-generation technologies to help meet the challenge of fuelling global economies while addressing the risks of climate change.
Supporter since 2007

Statement of support

We recognize the importance of disclosing relevant payments to governments to reduce corruption, improve government accountability and promote greater economic stability worldwide. ExxonMobil is a founding member of the Extractive Industries Transparency Initiative (EITI), a global organization that promotes the accountable management of oil, natural gas and mineral resources. Companies and governments participating in the EITI process report payments and revenues, enabling the EITI to reconcile any differences between the totals and publish validated total government revenues.

Engagement with the EITI

ExxonMobil supports multi-stakeholder engagement for the purpose of increasing transparency of government revenues from the extractive industries. Since its inception, the company has been an active participant in the EITI process at both the EITI International Secretariat and at country levels.

ExxonMobil supports the implementation of the EITI Standard in countries where it is present. It also supports governments considering a membership to the EITI. ExxonMobil is an alternate member of the international EITI Board 2019 - 2021, representing the industry sector.

Strengthening Transparency

ExxonMobil is committed to the highest standards of business conduct and anti-corruption wherever it operates. The company’s involvement with transparency initiatives is a natural extension of this commitment to ethical behaviour. ExxonMobil understands and supports the need for relevant public and private company government payment disclosures to confirm total government revenues and help citizens hold their governments accountable for the use of the revenue.

ExxonMobil’s sustainability report is available here.

Link to the statement of support on ExxonMobil's website

EITI Board member

Mr Tom HUFFAKER

Alternate
Senior Advisor, Corporate Issues, Exxon Mobil Corporation