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Exxon considers pledging ‘net-zero’ carbon by 2050

 wsj 5 min read 05 Aug 2021, 05:51 PM IST CHRISTOPHER M. MATTHEWS , The Wall Street Journal

Chief Executive Darren Woods faces pressure from investors to take a more decisive approach to reducing emissions

An Exxon Mobil gas station in El Cerrito, California, U.S., on Tuesday, July 27, 2021. Exxon Mobil Corp. is expected to release earnings figures on July 30. Photographer: David Paul Morris/Bloomberg (Bloomberg)Premium
An Exxon Mobil gas station in El Cerrito, California, U.S., on Tuesday, July 27, 2021. Exxon Mobil Corp. is expected to release earnings figures on July 30. Photographer: David Paul Morris/Bloomberg (Bloomberg)

Exxon Mobil Corp. is considering a pledge to reduce its net carbon emissions to zero by 2050, according to people familiar with the matter, in what would amount to a significant strategic shift by the oil company.

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