ExxonMobil Is Chasing Net Zero Futile
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I work for a large oil company in a field that’s booming with demand, and I have to tell you about this company’s latest venture: green technology. And now I’m going to do you a huge favor, and tell you what I really think of it. My name is [Your Name], and I’m a mechanical engineer who’s been working on this new technology for several years. When I got this assignment, I was very excited about the possibilities. I thought this was a real game-changer, because this was something
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In late 2020, ExxonMobil, one of the world’s top oil and gas giants, issued its 2040 net-zero emissions target to investors. The company’s CFO, David Murdock, announced a “transformative decade” for the company that would bring down carbon emissions to below 2020 levels by 2035. ExxonMobil’s leadership had made a “deep commitment” to the Paris Agreement to limit global warming to 2
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[My name] [Given Name] [Given Name] [Location] [Date] [Address] Dear Mr. Jones, In this case study report, I would like to highlight ExxonMobil’s inability to implement the net zero strategy, despite the company’s commitment to reducing carbon emissions. The company has taken several initiatives to achieve this goal, but there are several reasons why its efforts are largely ineffective. ExxonMobil’s efforts
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Problem Statement of the Case Study
I recently sat in on a panel discussion with ExxonMobil’s Chief Executive (CEO), Darren Woods. In his opening remarks, Woods mentioned that the world is entering a new phase of energy history. He mentioned the emergence of new technologies and the growing concern over climate change. ExxonMobil has a position, the CEO said, that their core business is delivering energy efficiently and sustainably, rather than building pipelines, drilling fields or exploring for new resources. That sounded reasonable, so I asked Wood
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ExxonMobil’s 2017 annual report, released last month, showcases a grandiose vision of the world in 2050 that looks nothing like the reality. find more info I know this is not a scientific piece of writing, but as a business person, I think it is important to know the truth. I did not know until the 2017 report that ExxonMobil has a net zero carbon footprint goal. The reason why the report has not been released earlier, according to ExxonMobil spokesman, is
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I am sitting across the table from you, ready to give you my opinion, my take. I have a deep concern about your ExxonMobil’s (XOM, NYSE) commitment to net zero emissions. This is a challenging goal, especially when you compare it with the world’s average CO2 emissions. You may ask me to provide more statistical evidence. see Yes, certainly! According to a recent report by International Energy Agency (IEA), worldwide emissions of CO2 increased by about 12% in 202