Exxon’s “net zero” climate goal misses the point ...Middle East

Quartz - Economy
Exxon’s “net zero” climate goal misses the point
Even among major oil companies, ExxonMobil has been reluctant to take the climate change crisis seriously.A July 21 analysis by the World Benchmarking Alliance, a group of sustainability-oriented nonprofits and financial institutions, gave Exxon a score of 5.2 out of 100 in how well its corporate strategy is aligned with the Paris Agreement goal to limit warming to 1.5 degrees Celsius above pre-industrial levels (Chevron, its closest peer, scored a 6.4).In March, CEO Darren Woods dismissed other oil companies’ emissions-reduction commitments as a “beauty competition,” in defending his decision in December 2020 to set goals only to moderately reduce emissions per unit of oil and gas produced,

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