Low Carbon Solutions Spotlight :: Exxon Mobil Corporation (XOM)

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8937</a> </li> </ul> </li> </ul> </div> </div> </div> </nav> <header class="page-banner overlay dark" style="background: url(https://d1io3yog0oux5.cloudfront.net/_ea105a1eeb59900c966d0cd230771c06/exxonmobil/db/2364/21556/image_resized.jpg);background-position: 50% 50%;background-repeat: no-repeat;background-size: cover;background-color: #333;"> <div class="container"> <div class="row"> <div class="col-lg-10"> <h1>2023 Investor Spotlight</h1> </div> </div> </div> </header> <div class="visible-sm visible-xs tertiary-nav-wrapper"> <div class="container"> <nav id="tertiary-navigation"> <ul> <li class="sidebar-title"> <h3>News & events</h3> </li> <li class=""> <a href="/news-events" target="_self" >Overview</a> </li> <li class=""> <a href="/news-events/press-releases" target="_self" >Press releases</a> </li> <li class=""> <a href="https://corporate.exxonmobil.com/news" target="_self" >Newsroom</a> </li> <li class=""> <a href="/news-events/ir-calendar" target="_self" >Events</a> </li> <li 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url(https://d1io3yog0oux5.cloudfront.net/_ea105a1eeb59900c966d0cd230771c06/exxonmobil/db/2363/22014/image.jpg);background-position: 50% 50%;background-repeat: no-repeat;background-size: cover;background-color: #333;"></div> </div> <div class="col-lg-6 d-flex justify-content-center justify-content-md-start align-items-center"> <div class="module-content"> <div class="text"> <h2>Low Carbon Solutions</h2> <h3 class="subtitle">DATE AND TIME</h3> <time class="date" datetime="2023-04-04T10:00:00"> Apr 4, 2023 9:00 AM CST </time> <div class="inline-btns mt-4"> <a href="https://d1io3yog0oux5.cloudfront.net/_ea105a1eeb59900c966d0cd230771c06/exxonmobil/db/2260/22000/presentation/Final+LCS+Spotlight+Slides+4-4-23.pdf" class="block-link" target="_blank">Presentation</a> <a href="https://d1io3yog0oux5.cloudfront.net/_ea105a1eeb59900c966d0cd230771c06/exxonmobil/db/2261/22024/file/Final+Preliminary+Prepared+Remarks+-+LCS+Spotlight+4-6-23.pdf" class="block-link" target="_blank">Prepared remarks</a> <a href="https://d1io3yog0oux5.cloudfront.net/_ea105a1eeb59900c966d0cd230771c06/exxonmobil/db/2261/22025/file/2023-lcs-spotlight-cautionary-statement.pdf" class="block-link" target="_blank">Cautionary statement</a> <a href="https://d1io3yog0oux5.cloudfront.net/_ea105a1eeb59900c966d0cd230771c06/exxonmobil/db/2261/22026/file/LCS+Transcript+4.4.23+-+Final.pdf" class="block-link" target="_blank">Transcript</a> </div> </div> </div> </div> </div> </div> </section><section class="module module-default-contained color-accent-1-bg dark" > <div class="container"> <div class="row align-items-center justify-content-center"> <div class="col-lg-12"> <div class="text "> <h2>Accelerating the world's path to net zero</h2> <p>ExxonMobil is growing its Low Carbon Solutions business to help accelerate progress toward reaching society鈥檚 net-zero goals. In a presentation to investors, Chairman and CEO Darren Woods and Dan Ammann, president of Low Carbon Solutions, said ExxonMobil could deliver emissions-reduction solutions at a scale that matters.</p> <ul> <li>Our ambition is for exponential growth in our Low Carbon Solutions business in the coming years, as demand expands for products and services like carbon capture and storage, hydrogen and biofuels.</li> <li>We鈥檙e focused on the hardest-to-decarbonize sectors, including heavy industry, commercial transportation and power generation, which together account for 80% of global energy-related CO2 emissions.</li> <li>Our Low Carbon Solutions business can help our customers significantly reduce their emissions. Current planned projects could abate about 20 million metric tons of CO2 per year, and with our pipeline of potential new projects, we could abate nearly four times as much.*</li> <li>One such project is our new hydrogen facility in Baytown, Texas. Site work has begun on what will be the world鈥檚 largest low-carbon hydrogen producer at startup in 2027-28.</li> <li>We also continue to make progress on our own emissions goals. We鈥檙e on track to reduce corporate-wide greenhouse gas emissions intensity (Scope 1 and 2) from our operated assets by 20-30% by 2030 compared to 2016.</li> </ul> <p><a href="https://corporate.exxonmobil.com/what-we-do/delivering-industrial-solutions" target="_blank" rel="noopener">Click here</a> to learn more about ExxonMobil鈥檚 solutions to help industrial customers reduce emissions.</p> <p><sub>*CO2 emissions figures are estimates only. Actual reductions may vary. Projects (including the Baytown hydrogen project) are at various stages of maturity and remain subject to final investment decision by the corporation.</sub></p> </div> </div> </div> </div> </section> </main> </div> <div class="module-quick-links" role="navigation" aria-label="Helpful Investor Relations pages"> <ul> <li> <a href="/news-events/email-alerts" class="email">Email alerts</a> </li> <li> <a class="company-profile" href="/company-information">Company profile</a> </li> <li> <a href="/company-information/contacts" class="contacts">Contacts</a> </li> <li> <a href="https://investor.exxonmobil.com/news-events/press-releases/rss" class="rss" target="_blank" rel="noopener">RSS news feed</a> </li> </ul> </div><footer id="footer" class="has-qmod" > <div class="social-row"> <div class="container"> <div class="row"> <div class="col-md-12"> <div class="social-links ml-auto"> <ul> <li class="d-inline mr-4"> <a href="https://www.facebook.com/ExxonMobil/" target="_blank" rel="noopener"> <img src="https://d1io3yog0oux5.cloudfront.net/_ea105a1eeb59900c966d0cd230771c06/exxonmobil/db/2283/21242/icon/fb-white.svg" alt="Facebook logo" /> </a> </li> <li class="d-inline mr-4"> <a href="https://twitter.com/exxonmobil" target="_blank" rel="noopener"> <img src="https://d1io3yog0oux5.cloudfront.net/_ea105a1eeb59900c966d0cd230771c06/exxonmobil/db/2283/21243/icon/tw-white.svg" alt="Twitter logo" /> </a> </li> <li class="d-inline mr-4"> <a href="https://www.linkedin.com/company/exxonmobil/" target="_blank" rel="noopener"> <img src="https://d1io3yog0oux5.cloudfront.net/_ea105a1eeb59900c966d0cd230771c06/exxonmobil/db/2283/21244/icon/in-white.svg" alt="Linkedin logo" /> </a> </li> <li class="d-inline mr-4"> <a href="https://www.instagram.com/exxonmobil/" target="_blank" rel="noopener"> <img src="https://d1io3yog0oux5.cloudfront.net/_ea105a1eeb59900c966d0cd230771c06/exxonmobil/db/2283/21245/icon/ig-white.svg" alt="Instagram logo" /> </a> </li> <li class="d-inline mr-4"> <a href="http://www.youtube.com/user/exxonmobil" target="_blank" rel="noopener"> <img src="https://d1io3yog0oux5.cloudfront.net/_ea105a1eeb59900c966d0cd230771c06/exxonmobil/db/2283/22001/icon/yt-white.svg" alt="Youtube logo" /> </a> </li> </ul> </div> </div> </div> </div> </div> <div class="footer-main"> <div class="container"> <div class="row justify-content-between align-items-center"> <div class="col-lg-6"> <a href="https://corporate.exxonmobil.com/"><img src="https://d1io3yog0oux5.cloudfront.net/_ea105a1eeb59900c966d0cd230771c06/exxonmobil/db/2303/22003/image.svg" alt="Exxon Mobile logo"></a> <a href="https://www.exxon.com/"><img src="https://d1io3yog0oux5.cloudfront.net/_ea105a1eeb59900c966d0cd230771c06/exxonmobil/db/2303/22004/image.svg" alt="Exxon logo"></a> <a href="https://www.mobil.com/"><img src="https://d1io3yog0oux5.cloudfront.net/_ea105a1eeb59900c966d0cd230771c06/exxonmobil/db/2303/22005/image.svg" alt="Mobile logo"></a> <a href="https://www.esso.com/"><img src="https://d1io3yog0oux5.cloudfront.net/_ea105a1eeb59900c966d0cd230771c06/exxonmobil/db/2303/22006/image.svg" alt="Esso logo"></a> <a href="https://xtoenergy.com/"><img src="https://d1io3yog0oux5.cloudfront.net/_ea105a1eeb59900c966d0cd230771c06/exxonmobil/db/2303/22007/image.svg" alt="xto energy logo"></a> </div> <div class="col-lg-6"> <div class="footer-links"> <a href="https://privacyportal.onetrust.com/webform/556d380f-9307-4f7c-8b90-5eaa69099b42/268a33c4-8f55-41f5-bc5d-356ec7c3444f" target="_blank" rel="noopener">Do not sell my personal information</a> <a href="https://corporate.exxonmobil.com/global-legal-pages/privacy-policy">Privacy policy</a> <a href="https://corporate.exxonmobil.com/global-legal-pages/terms-and-conditions">Terms and conditions</a> <a href="#" class="footer--policy optanon-toggle-display">Privacy center</a> </div> </div> </div> </div> </div> <div class="qmod-attribution"> <div class="container"> <div class="q-mod-attribution disclaimer"> <div class="row justify-content-center"> <div class="col-md-10 center"> <p> Market Data copyright © 2024 <a href="http://www.quotemedia.com" target="_blank" rel="nofollow noopener">QuoteMedia</a>. 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Low Carbon Solutions Spotlight :: Exxon Mobil Corporation (XOM)