XOM Materials is climate neutral!
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:
Madagascar: Solar pumps for clean water
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.
Brandenburg & Bavaria: Healthy forests store CO₂
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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