13min chapter

All Things Sustainable (formerly ESG Insider) cover image

How oil major ExxonMobil is approaching the energy transition

All Things Sustainable (formerly ESG Insider)

CHAPTER

ExxonMobil's Energy Transition Strategy

This chapter discusses ExxonMobil's approaches to navigating the energy transition amidst increasing global energy demands, emphasizing their decarbonization targets and the omission of supply chain emissions. It highlights the urgent need for investments in low-carbon technologies and supportive policies to achieve long-term net-zero goals by 2050. The conversation also showcases the company's unique competencies in carbon capture and hydrogen production as they address challenges and opportunities in the industrial decarbonization landscape.

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