Exxon 2007 Annual Report Download - page 14

Download and view the complete annual report

Please find page 14 of the 2007 Exxon annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 52

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52

Balancing the need for more energy to support economic growth and improvements in living standards while effectively
addressing potential risks to the environment is a key challenge facing the energy industry today. At ExxonMobil, we
are committed to taking effective, globally applicable steps that address this challenge while enabling efficient and
affordable delivery of our products to consumers.
ExxonMobil is committed to continuously improving energy efficiency. Since the launch of our Global Energy Management
System in 2000, we have improved energy efficiency at our refineries and chemical plants by over 6 percent.
ExxonMobil is an industry leader in the use of cogeneration, a highly efficient way to generate power and steam. With facilities
under construction around the world, we expect to have interests in cogeneration capacity of over 5000 megawatts in
the next three years.
Elimination of spills is one of our key focus areas in our effort to minimize our environmental footprint. We have reduced the
number of spills in our operations by an average of over 13 percent per year since 2000.
With operations that span the globe, ExxonMobil faces the challenge of operating in a variety of environmentally sensitive
locations. We recognize the importance of conserving biodiversity. ExxonMobil operates with high standards of environmental
management, and is guided by an in-depth scientific understanding of the environmental impact of our activities.
ExxonMobil’s commitment to developing innovative solutions goes beyond our own facilities. We support the Global Climate and
Energy Project (GCEP) at Stanford University, a pioneering research effort aimed at identifying technologies that can meet energy
demand while reducing greenhouse gas emissions. GCEP has a broad portfolio of activities, including fundamental research in
the areas of solar energy, fuel cells, carbon capture and storage, and biofuels.
The research and development performed by our scientists, along with collaborative initiatives with vehicle and engine
manufacturers, contributes to significant technological progress. We are developing improvements to the fuel economy and
emissions performance of internal combustion engines and making advances in battery technology and on-board hydrogen
generation for fuel cells.
Improving Energy Efficiency and Minimizing Environmental Impacts
5000
4000
3000
2000
1000
(megawatts)
Cogeneration Capacity(1)
20052001 2003 2007
(1) Capacity in which ExxonMobil has an interest.
(Graph) ExxonMobil has interests in nearly 100 cogeneration facilities
around the world, with a total capacity of about 4500 megawatts.
Since 2004 we have invested more than $1 billion in new
cogeneration capacity.
(Photo) Cogeneration is the simultaneous production of electricity and
thermal heat/steam. Construction of a new facility at our Antwerp,
Belgium, refinery is under way, with start-up planned in 2008.
E X X O N M O B I L C O R P O R A T I O N • 2 0 0 7 S U M M A R Y A N N U A L R E P O R T
12