ExxonMobil is targeting 'net zero' operational emissions by 2050

ExxonMobil has pledged to reduce its Scope 1 and Scope 2 emissions to net-zero by 2050, but hasn't included Scope 3 emissions.

@AdamHuntTT
Published Wed, Jan 19 2022 4:00 AM CST   |   Updated Tue, Feb 15 2022 12:08 PM CST

ExxonMobil made its pledge on Tuesday, January 18th, 2022.

ExxonMobil is targeting 'net zero' operational emissions by 2050 01 | TweakTown.com

The pledge covers what is known as "Scope 1" and "Scope 2" emissions, referring to the carbon emissions from ExxonMobil's operations and emissions associated with heating and cooling used at its facilities. "Scope 3" emissions are not covered by the pledge, which refers to those from the products sold, including gasoline purchased by consumers.

ExxonMobil has also announced other projects that will see more funding put into lower-emissions technologies, such as carbon capture and storage projects. "Detailed roadmaps" will be released by the end of 2022, addressing ninety percent of operations-related greenhouse gas emissions, with the remaining ten percent in 2023.

"ExxonMobil is committed to playing a leading role in the energy transition, and Advancing Climate Solutions articulates our deliberate approach to helping society reach a lower-emissions future," said Darren Woods, CEO and chairman.

"We are developing comprehensive roadmaps to reduce greenhouse gas emissions from our operated assets around the world, and where we are not the operator, we are working with our partners to achieve similar emission-reduction results," Woods continued.

You can read more from the company's press release here.

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Adam grew up watching his dad play Turok 2 and Age of Empires on a PC in his computer room, and learned a love for video games through him. Adam was always working with computers, which helped build his natural affinity for working with them, leading to him building his own at 14, after taking apart and tinkering with other old computers and tech lying around. Adam has always been very interested in STEM subjects, and is always trying to learn more about the world and the way it works.

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