Energy & Science
Exxon Discloses Full Scope of Fuel Emissions for First Time
- Oil giant has come under pressure from activist investors
- Company doesn’t provide forward-looking emissions estimates
Exxon has for the first time released emissions data from customers’ burning its fuels, including drivers who fill up at the company’s gas stations.
Photographer: Callaghan O'Hare/BloombergThis article is for subscribers only.
Exxon Mobil Corp. disclosed emissions data on customers’ use of its fuels and other products for the first time after coming under pressure from investors.
The oil giant’s so-called Scope 3 emissions from petroleum-product sales were equivalent to 730 million metric tons of carbon dioxide in 2019, according to the company’s Energy and Carbon Summary released Tuesday. That’s about the same as the entire country of Canada and is the highest of all major Western oil companies.