Corporate Social Responsibility Initiatives at ExxonMobil - The Good, The Bad and The Ugly

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Case Details:

Case Code : BECG102
Case Length : 18 Pages
Period : 1999-2009
Pub Date : 2009
Teaching Note :Not Available
Organization : ExxonMobil
Industry : Petrochemical
Countries : US

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Introduction Contd...

While giving the award to ExxonMobil, Allan E. Goodman, President and Chief Executive Officer of the IIE, said, "Through its programs, initiatives, and partnerships, ExxonMobil demonstrates a long-standing commitment to promoting academic excellence. ExxonMobil is committed to developing future leaders who will tackle pressing international issues and strengthen their communities around the world."⁵

In 2008, together with its employees and retirees, ExxonMobil, its divisions, and affiliates, and ExxonMobil Foundation provided US$ 225 million in contributions worldwide. Of this contribution, more than US$ 89 million was dedicated to education.

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ExxonMobil's management felt that for future technological innovation, a highly skilled workforce in the field of math and science would be required.

The company not only supported different educational institutions financially but also offered training sessions and arranged several camps to address the specific problems of different countries in the area of education...

Excerpts >>

5] "ExxonMobil Honored for Commitment to Education and Corporate Social Responsibility," http://finance.yahoo.com, September 24, 2009.

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