values at work

values at work

 May 24, 2007

Safety, health, environmental and social performance are foundations of business success.

Value can mean many things. To the most successful companies, it means not only building shareholder value, but also delivering value through safety, health, environmental and social performance as well.
In fact, business success and corporate citizenship go hand-in-hand. Disciplined, results-oriented management systems are as important to safe, responsible operations as they are to long-term success in delivering value to customers and shareholders.

At ExxonMobil we are committed to excellence in safety, health and environmental performance and to contributing to progress wherever we operate. So while our financial results get a lot of attention, we are equally proud of these important achievements in 2006:

  • We continued our industry-leading safety performance with workforce incidents at record low levels. Since 2000, employee lost-time incidents have fallen by 68 percent.
  • We achieved a record low number of oil spills to the environment. Across our operations, we reduced the number of oil spills by 21 percent from 2005 and by an average of over 10 percent annually since 2000.
  • We continued to improve energy efficiency across our global business. Steps taken since 1999 resulted in a reduction in carbon-dioxide emissions of about eight million metric tons in 2006.
  • We now have interest in 4300 megawatts of energy-efficient cogeneration facilities globally — enough to reduce global carbon-dioxide emissions by over 10.5 million metric tons annually, equivalent to taking about two million cars off the road in the U.S.
  • We provided $139 million in charitable contributions and community investment worldwide. Major programs include support for math and science education in the U.S. efforts to eradicate malaria in Africa and improving education for women and girls in developing countries.

You can read more in our 2006 Corporate Citizenship Report. It details our approach to corporate citizenship, issues such as global climate change and human rights and how our engagement with external groups helps shape our actions consistent with our values.

You can judge a company by its ability to grow shareholder value. Consistent improvement in financial performance is an important measure of potential future success.

Equally important are a company's values and how they drive performance — through a culture of integrity and a commitment to act in a safe and responsible manner towards employees, the environment and local communities.
Another thing we value is your opinion. We invite you to read the report, and let us know what you think by sending us your comments.