CSR Plan for Exxonmobil

ExxonMobil Chemical Corp: CSR Plan / CSR plan for ExxonMobil Economic Status andExxonMobil Chemical Political Status and ExxonMobil Chemical Civil Society and ExxonMobil Chemical Environmental status and ExxonMobil Chemical Media Campaign for ExxonMobil Located in Irving, Texas the Exxon Mobil Chemical is a U.S. company specializing in the production of gas and oil. The company was formed from the merger of Exxon and Mobil in November of 1999. Both companies had been part of the Standard Oil Company formed by John D. Rockefeller.

Exxon had been the branch of Standard Oil Company in New Jersey while Mobil had been the New York branch. The company serves the plastics industry by making use of the materials from its chemical plants and refineries to produce chemical building blocks (ExxonMobil, 2015d). Company Vision and Value Statement Part of the company vision is to be the "world's premier petrochemical company." In order to achieve this, it is dedicated to excel financially and operationally as it strives to maintain top standards in its conduct of business.

This vision drives the company in the offering it makes in its business interactions (Best practices, 2013). Progress related to three spheres and environment The company introduced a concept of Protect Tomorrow Today, which was an acknowledgement of the impact of its activities and the possible risks that they posed to the environment as well as recognition of the needs of the community around them. Through this concept, three principles were adopted by the organization. The first principle talks about gaining a competitive advantage by performing well in the environment.

In the second principle, the company aims at making their impact on the environment negligible by always striving to improve their processes. Thirdly, the company seeks to concentrate its efforts on areas that are valuable to their business so that they can be the leaders in their industry (ExxonMobil, 2015). The organization has various ways of detecting risks in the environment. Some of these include the Environmental Aspects Assessment, and the Environmental, Socioeconomic and Health Impact Assessment.

In order to manage any risks that have been identified through these, the company comes up with plans, which highlight strategies that will be used to manage them effectively. The Environmental, Socioeconomic and Health Management Plan is one such plan. Industry stakeholders are involved in this process. The company also has an Operations Integrity Management System (OIMS) to help it in managing risk in the environment as well as in its business operations. All manner of risks are addressed through this system whether they are environmental, business, health or others.

Progress is also measured through this system so that as measures are put in place, their impact can be assessed (ExxonMobil, 2015). Koenig, (2015) however states that the shareholders of the company voted against the inclusion of a climate-change expert on their board as well as against other resolutions on the environment. They however came up with goals for the company's greenhouse emissions. Economic Status an ExxonMobil Chemical The ExxonMobil Company has employees that reflect the region in which it operates.

These employees are drawn from the top of the talent pool and are chosen and developed through various programs that the company has in place. The quality of its employees is something that the company values in all the regions and cultural environments in which it operates. The company emphasizes a down-to-earth attitude, a workforce dedicated to results, an informal environment, as well as leadership in technology (ExxonMobil, 2015b). This is the way in which the company chooses to relate with its staff throughout the world.

There are stakeholders that have been affected by the company's non-adherence to ethical behavior such as false advertising campaigns as well as negative impact on the environment. The company together with its workforce has a part to play in the negative impact caused by its operations and the crisis emanating from this (Carr, 2013). In order to protect its future growth, ExxonMobil has made major investments in valuable projects for the coming years. In the third quarter of the year 2015, the production increased by just under 4% compared to the previous year.

There is potential for the increase of production in its large facilities. However, the price of oil is the major determinant of the improvement of the company's bottom line in future (ExxonMobil, 2015c). Risks that the company faces economically emanate from carbon issues that are an agenda in discussion around the world. Being an investor in fossil fuels opens up the company to risks of "stranded assets" due to the high carbon composition of its investment (Rosenbaum, 2013).

Rosenbaum (2013) goes on to say that many pension portfolios have their investments in companies such as ExxonMobil which offer slow growth but are rich in dividends, but these portfolios run the risk because the company has to abandon what is termed as stranded assets. Within the company's business strategy is the use of the local people in the environment of operation to supply goods and services.

Through this ExxonMobil is able to make a contribution through the creation of jobs, opening up avenues for investment, encouraging the development of technical skills, good business practices and providing a market for the sale of goods and services. In addition to this, the company also contributes to the community by working together with governments and non-governmental organizations to bring about positive impact in the community. It even assists the local suppliers in remote areas (ExxonMobil, 2015d).

Political status and ExxonMobil Chemical The company has experienced problems from civil rights groups as well as agitators for the safety of the environment who have asked the Attorney General to look into the company. This has caused the New York Attorney General to look into the matter. Major personalities have also joined in the calls for the company to be investigated. These include Hillary Clinton and Bernie Saunders.

These calls have arisen from the climate change debate where ExxonMobil has been accused of having misled the public all the while knowing the actual impact of their activities on the environment. The company cannot completely shoulder the blame for global warming, as there have been other contributors. Nevertheless, as Samuelson (2015), says, the company can be held accountable because it was aware of the impact of its activities on the global climate but it kept these from stakeholders such as the government and the public.

Other things affecting the company politically are the consistent government efforts to enact policies that would see a reduction in the investments in this industry. There have been proposals to greatly increase the taxes levied in this sector by $90 billion in the coming ten years. For a sector that already finances federal, state, and local governments in a major way, this seems unfair. Tax credits are virtually non-existent in this industry as well.

Regardless of all this, the ExxonMobil Chemical has made efforts to improve the investment environment for the sector. It has sought political support through funding political organizations, parties and candidate committees. According to ExxonMobil (2015d) the contributions for the year 2014 amounted to $312,900 in fifteen states in the United States' gubernatorial and legislative caucuses and candidates. This has been within legal boundaries for Canada and the U.S.A. and has also been authorized by the company's board of directors.

It has limited its contributions in this form to the two countries as a rule. ExxonMobil has a goal of combating corruption and improving the government's culpability through promotion of revenue transparency and economic stability locally and abroad (ExxonMobil, 2015d). Civil Society and ExxonMobil Chemical Women from the less developed nations have been beneficiaries of the work the company has done in collaboration with other organizations, to increase and improve the opportunities that are available to them.

Some of the organizations that the company works with include non-governmental organizations, education institutions, community-based organizations and even government bodies. Examples of these are Africare and the Bush Institute. Through these partnerships, the company has been able to provide jobs to the local people. This has not been without its challenges as some of the community goodwill won from these efforts was lost when the Torrance Refinery blast happened in South Bay (Lloyd and Guinyard, 2015).

There are other efforts on the part of the company in terms of business where product sustainability has been maintained as well as improving its supply chain management. More is required with regard to the community like reducing the movement of the company's trucks during school hours, in residential areas, reducing noise emissions from their drilling sites and compressor stations, and rebuilding the environment that they have damaged through efforts such as replanting the native species of trees.

There have been concerns of seismic activities occurring where the company has been drilling wells and even where it has been injecting waste water into the very deep disposal wells (Cohen, 2015). This too needs to be addressed because of the inherent danger posed to the communities in these areas. There are also risks posed when the company is in the process of transporting its crude oil.

The company has attempted to address these risks through detailed analysis of the risks at every point of movement of the oil whether on road or rail. This has enabled the company in a major way to manage these risks. Emergency response systems are also in place as are systems for the maintenance of the rail, trains, and cars. This consciousness of the risks involved has also made the company keen on areas where it can contain these risks.

Some efforts made here include ensuring the very high standards in designing, constructing and leasing of rail cars. Inspections of the same are done regularly and thoroughly. Best practices are maintained through working together with trade associations in the industry. Emergency response is given top priority with systems in place to ensure that it is effective (Cohen, 2015). Targeting a wider customer base through the expansion of its business will ensure the continuity of the business in the future.

At the same time, customer complaints would be handled promptly as avenues for customer feedback are open (ExxonMobil, 2015d). The company is at the top in the invention and provision of extraordinary resources to its consumers. This being the case it needs to look into how it affects, triggers, or catalyzes seismic activity so that it can work on managing how it goes about accessing the resources and dumping waste products. Experts can assist the company in this endeavor so that risks can be mitigated through all possible means (Cohen, 2015).

Environmental Status and ExxonMobil Chemical There has been a lot of damage in the environment attributed to the activities of the ExxonMobil Chemical Corporation. Some of this damage includes the destruction of wetlands, marshes, and waters making up over 1500 acres of land in New Jersey. The company settled with the state for a sum of $250 million. Legal action against the company began in the state in the year 2004 though the matter went to trial only in 2014.

The damage from the company's operations was evident so that only the matter of the damages to be paid, had to be decided. Whitehead (2015), states that the reason for high damages was because the state would have to spend a lot of resources to restore what the company destroyed in many years of operations in oil and other chemicals.

Vaidyanathan and Climate Wire (2015), note that the company was culpable because there was evidence from an email in the company, which came from an in-house climate expert indicating the connection between climate change and fossil fuels many years ago. The company chose to ignore this given the potential impact that this would have on the company's profits if it was to stop its operations or incorporate carbon-cutting mechanisms.

They go on to speculate that this decision especially with regard to an enormous gas field in Indonesia was the biggest source of global pollution at the time. Lloyd and Guinyard (2015) highlight the great amount of pollution that came from the Torrance Refinery when it experienced a blast that left the community around breathing poor air, dealing with ash and the odor of gas all around. This was the case for the residents located many miles away from the refinery. Aerial visibility was also affected by this.

As the evidence of the impact on the environment is available especially through climate change, management of the problem should be a top priority. This should include ways of reducing emissions into the air and water bodies. Technology can be employed here to find new ways of reducing emissions and more clean gas substitutes. The Research and Development department of the company can work together with universities to look for better solutions than those available at present (Cohen, 2015).

Media Campaign for ExxonMobil Chemical Advertising is a need for every business and ExxonMobil is no exception. It helps the audience to know more about the company. It can allow stakeholders to see what happens inside the company. Some of.