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ExxonMobil • 2011 Summary Annual Report
ENHANCING ENVIRONMENTAL PROTECTION
One of our objectives is to maintain excellent environmental performance in each of our businesses. ExxonMobil’s primary
environmental initiative – Protect Tomorrow. Today. – guides management processes to enable each business to deliver
superior environmental performance, lower incidents toward zero, and achieve industry-leading results. Progress toward these
goals is managed through an environmental business planning process, which ensures environmental protection is included
in business plans and strategies.
For example, we integrate environmental considerations during early project development, which leads to improved design
and reduced costs over the life of the project. Operating in an environmentally sound manner also helps build local community
relationships. Overall, worldwide environmental expenditures were approximately $4.9 billion in 2011.
Addressing the risks associated with climate change will require significant efforts by private industry, government, and civil society.
Our approach to address greenhouse gas emissions is to improve energy efficiency in the short term, adopt proven emission-
reducing technologies in the medium term, and develop breakthrough technologies for the long term. Since 2007, we have
invested more than $1.5 billion to improve energy efficiency
and reduce greenhouse gas emissions. We also continue as
an active participant in public discussions related to designing
constructive, cost-effective ways to implement climate policy.
UP CLOSE:
MARINE WELL CONTAINMENT
ExxonMobil, along with other companies, is leading the
development of a rapid-response oil spill containment
system for the Gulf of Mexico. The system involves
a commitment in excess of $1 billion on behalf of
10 member companies of the Marine Well Containment
Company (MWCC), a not-for-profit industry organization.
The system will be adaptable for a wide range of well
designs, oil flow rates, and environmental conditions.
It will be available to initiate deployment within 24 hours
of notification, and able to capture, store, and offload up
to 100 thousand barrels of oil per day in water as deep
as 10,000 feet. Engineering and construction activities
are progressing for this purpose-built system which,
when complete, will be owned and operated by MWCC.
We support environmental protection with the St. Mary’s Island bird sanctuary near our Baytown, Texas, facility (left). We also seek
to advance local economic development including supporting these local suppliers in Papua New Guinea (right).
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