Published on July 7, 2021
1 min read
As part of the Leaders for Climate Action initiative, we have offset our CO₂ emissions.
Since the beginning of the year, XOM Materials has been part of the Leaders for Climate Action initiative. We want to set a good example and reduce the company's carbon footprint. Part of the program is to offset the emissions we generate as a company. This is possible through the financial support of LFCA partner projects that reduce greenhouse gas emissions and contribute to counteracting global warming.
In an internal meeting, XOM employees voted from 5 projects for the one they would like to support. Two projects of ClimatePartner Foundation gGmbH were equally inspiring, therefore the emissions of 186t CO₂ in 2020 will be compensated in equal parts in the following projects:
Due to a lack of infrastructure, the local population has to boil water siphoned off from boreholes and rivers over open fireplaces. This releases a lot of CO₂ into the atmosphere. Solar-powered wells give people direct access to clean drinking water. This not only improves the health of the population but also saves emissions and reduces deforestation of local forests.
The reforestation project helps to store more CO₂ in local forests. The tree species planted (e.g. fir, maple) strengthen the local ecosystem and enable a sustainable revitalization of flora and fauna.
We are proud to be climate neutral and will continuously take further steps to reduce our CO₂ emissions.
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