ExxonMobil has recently released its CSR report on its website. As one of the biggest oil and gas companies, the report details an introspective study detailing Exxonmobil swot and pestel analysisto discuss the external and internal influence of its CSR activities.
The company has always presented a low profile in posting its macro-level corporate social responsibilities.
ExxonMobil has hired economists and surveyors to prepare a detailed Exxonmobil Case Studywhere it communicated all external CSR activities.Following are some of the specifics of these reports.
- Releasing the first OIMS
OIMS or operator integrity management system combines organization-driven apparatus that gives all macro-level CSSR details. The SWOT and PESTLE analysis of ExxonMobil. It has outlined three, major areas of Exxonmobil's CSR operation they are
- Public safety
- Health and nutrition
- Environmental activities.
The company has launched a specific CSR brand called SHE or Safety, Health and Environment.
The eighth element of the SHE activity talks about the third-party engagements of ExxonMobil.
The company has invested almost $3.5 billion to produce and extract oil, in Chad and spent almost 1.5% of its entire spending behind the development of its local communities. Related: Nestle pestle analysis
- Curbing corruption
It has to go through several government partnerships as an oil and natural gas company. It made a massive investment in curbing all corruption and bribery charges levelled against some of its operations in African countries.
The company has prepared a policy supported by World Bank's "Quality of Growth" initiatives where it strives to achieve economic growth for both its operations and the socio-economic conditions of the country it is operating in. Related: research Writing services
- A community outreach
ExxonMobil has made straight community outreach, particularly in African nations where the low per capita income and infant mortality rates are high. Section 10 of the OMIS report suggests a dedicated CSR activity titled the "Caring neighbour", where the tribals and forest inhabitants are all taken care of.
- Cooperation with NGOs
ExxonMobil has collaborated with several international non-governmental organizations like Red Cross, Unicef or Care in its international affairs to facilitate its CSR. As a result, it successfully reached support to all families whose lives got directly affected by the extraction and purifying plants of the company. Related: homework help question and answer
This effort has earned praises across the international business community for inspiring others to dedicate as much effort in this direction.
