letter from the chairman

Rex Tillerson

At ExxonMobil, we know our business has a direct impact on many lives. The oil and gas we produce — and the technologies we have developed — make it possible for millions of people around the world to light and heat their homes, fuel their vehicles, and power their businesses.

Energy helps economies grow and individuals prosper, and is essential to modern society. Fulfilling this need for energy is the foundation of our business and a source of motivation for our company’s 81,000 employees.

Operating Responsibly
ExxonMobil is committed to operating in a responsible manner toward all whose lives we touch — our employees, our shareholders, our customers, and the communities in which we do business — and our shared environment. This commitment is an integral part of our decisions. We know that operating responsibly wherever we do business makes ExxonMobil a better company — a better employer, a better neighbor, and a better corporate citizen.

Companies like ours play an important role in meeting the world’s energy needs. Meeting these needs is a tremendous challenge. Today, the world uses the energy equivalent of approximately 250 million barrels of oil every day. By 2030, as populations grow and economies expand, global energy demand is expected to be about 40 percent higher than it was in 2005.

ExxonMobil is focused on helping meet global energy demand while also meeting our responsibilities as a corporate citizen. As the world’s largest publicly traded international energy company, we bring a unique perspective to discussions on how best to meet the world’s energy needs, and we recognize our important role as a leading global corporate citizen. We also have a responsibility to listen. We incorporate input from shareholders and others into our approach for addressing corporate citizenship issues.

Our Commitment in Five Areas
Our 2007 Corporate Citizenship Report details ExxonMobil’s commitment in five areas: environmental performance, workplace, corporate governance, transparency and human rights, and community development. In this year’s report, we share our successes in these areas and highlight challenges that remain.

  • Environmental Performance
    Companies are responsible for managing the environmental impact of their operations. The issue of greenhouse gas emissions is being considered by a broader community that includes not only energy companies, environmental groups, and scientists, but also energy consumers, policy makers, and the media. ExxonMobil supports an increased awareness of how energy shapes our world as well as discussions on policies that seek to reduce greenhouse gas emissions. We continue to take action to reduce greenhouse gas emissions in our operations and to develop new technologies that enable more efficient energy use. We are also committed to participating in the continuing public dialogue on this important issue.

  • Workplace
    We have been leading the industry with our low incident rates for workforce safety and health. In 2007, we achieved our best-ever safety and health performance. We remain committed to long-term capacity building in the countries where we operate. Our approach to national content development at the local level includes investments, creation of jobs, and the transfer of knowledge and skills to employees, contractors, and suppliers.

  • Corporate Governance
    ExxonMobil is committed to sound corporate governance and high ethical standards wherever we conduct business. Our company-wide Standards of Business Conduct provide our workforce across all operations with guidelines on ethics, conflicts of interest, nondiscrimination, and harassment in the workplace.

  • Transparency and Human Rights
    In this report, you will find a discussion of our efforts to help establish transparency agreements with governments of countries in which we have significant investments as well as our efforts to address corruption through our support of the Extractive Industries Transparency Initiative.

  • Community Development
    ExxonMobil believes in creating a positive and lasting social impact in the countries in which we operate. Our operations strengthen economic growth through investment, employment, and the purchase of local goods and services. We focus on supporting community programs that reduce known barriers to development. Our strategic community investment activities include enhancing health conditions, improving education, and expanding opportunities for women and girls. These investments help to alleviate poverty, promote social progress, and increase economic growth.

Looking Forward
Meeting the world’s energy needs — safely, responsibly, and reliably — has been ExxonMobil’s mission for more than 125 years. We approach this commitment with discipline, a long-term view, and a results-oriented attitude.

ExxonMobil strives to be the world’s premier petroleum and petrochemical company. We are proud of our financial and operating results, but we are equally proud of our culture of integrity and commitment to act in a safe and responsible manner toward employees, the environment, and local communities. And we look forward to building upon this record of accomplishment. The same strengths that have enabled our past achievements prepare us to succeed in the future.

Helping meet the world’s growing energy needs in a responsible way is a challenge ExxonMobil is proud to take on.

Rex W. Tillerson
Chairman and CEO