2. Top Global Players Wall Mart No. 1 Royal Dutch Shell No. 2 Exxon Mobil No. 3 BP No. 4 Based on Fortune Global Ranking (Top 500)
3. Company Profile American Multinational Oil and Gas Corporation. Company formed in 1999 out of the Merger of Exxon and Mobil. Headquarters in Austin, Texas. One of the largest Publicly Traded companies in the world ranked between No.1 to No.3 the last 5 years. The company has 38 oil refineries in 21 countries constituting a combined daily refining capacity of 6.3 million barrels. Is largest of the six oil super majors with daily production of 3.921 million BOE (barrels of oil equivalent). Brands: Exxon, Mobil, Esso
6. Commitment Areas Environmental Performance - The issue of greenhouse emissions is being considered by a broader community that includes not only energy companies, environmental groups, scientists, but also energy consumers, policy makers, and the media. Workplace - low incident rates for workforce safety and health with best-ever safety and health performance. Corporate Governance - They have a company-wide Standards of Business Conduct that provides workforce across all operations with guidelines on ethics, conflict of interests, nondiscrimination, and harassment in the workplace Transparency & Human Rights - ExxonMobil Corporation is also transparent with agreements with governments of countries in which they have significant investments as well as their efforts to address corruption through their support to the Extractive Industries Transparency Initiative Community Development - ExxonMobil Corporation's operations also strengthen economic growth through investment, employment, and the purchase of local goods and services.
18. Sustainability in oil industry According to Green Biz Sustainability report on Oil Industry, Exxon Mobil ranks No.3 in latest sustainability rankings
19. Corporatecitizenship and sustainability Exxon Mobil’s citizenship strategy guides how they address the sustainability challenge. To aid reporting and strengthen ownership, they base their efforts on six citizenship focus areas. Their goal is not simply to align their activities with society’s expectations, but to support the long-term success of their global business. Corporate Governance Safety, Health, and Workplace Environmental Performance Manage Change Climate Risks Economic Development Human Rights and Security
20. Global Sustainability Index The Index is an equally-weighted equity index that serves as a benchmark for stock or companies that are taking a leadership role in sustainability performance reporting and are traded on a major US stock exchange. The companies voluntarily disclose their current environmental, social and governance risks as well as their revenue opportunities and how it will affect future performance. PRECEDED BY: HSBC Holdings PLC (Rank 39) EXXONMOBILE GSI PERFORMANCE RANK: Top 40 TICKER: XOM COMPANY NAME: EXXONMOBIL MARKET SECTOR: Energy SUCCEEDED BY: Novo Nordisk A/S(Rank 41)
In this slide we see the top 4 global players as they presented by Fortune 500.
Our Friend Christy is doing the little company profile for us for exxonmobil
Exxon Mobil Relies on 5 commitment areas:
Ranging from Australia, Europe, USA, Africa.
Important to see the 2007 and 2008 Income figures with an increase
Oil Prices in 2006 started to go up with top been 2008 that reached 133 usd and reduced afterwards.
Stock Price was at high levels again when crude oil prices were up and hit bottom last July hitting 57usd
In order for a company to be considered Global needs to have a good GCI and a good GRIThe Global Revenue Index (GRI) GRI = 100% means the company has a sales distribution that exactly matches the distribution of its industry market The Global Capability Index (GCI)Same as GRI but instead of sales we use the distribution of assets or personnel.
The Global Revenue Index (GRI) GRI = 100% means the company has a sales distribution that exactly matches the distribution of its industry market The Global Capability Index (GCI)Same as GRI but instead of sales we use the distribution of assets or personnel.
GCI explained in this slide if we see that distribution of employees is 63% non US and 37% US employeesGlobal Workforce in women – retail stores not includedWomen new hires New hires non US have a decreasing trend
CostBenefits: Thesecome, ontheonehand, from economiesofscaleowingtoproducts/processesstandardizationaswellasincreasedbargainingpowersoversuppliers. TimingBenefits: Theseareduetothecoordinatedapproachinproductlaunchingintheearlystageoftheproductlifecycle. LearningBenefits: Theseaccrue from thecoordinatedtransferofinformation, bestpracticesandpeopleacrosssubsidiaries. Suchtransfereliminatesthecostly “reinventionofthewheel” andfacilitatestheaccumulationofexperiencesandknowledge. ArbitrageBenefits: Thesecome from theadvantagesthat a company, whichismanagedglobally, gainsinusingresourcesofonecountryforthebenefitofanothercountrysubsidiary.
According to Green Biz Report The Tomorrow’s Value Rating of the world’s 10 largest oil and gas companies shows that many of them are displaying advanced practices in managing their most pressing social and environmental issues. However, the sector as a whole still faces major challenges, and the three state-owned companies in the list trail woefully.
