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  • Business - Companies
  • Updated: August 07, 2021

ExxonMobil Kicked Out Of Climate Leadership Council

ExxonMobil Kicked Out Of Climate Leadership Council

Exxon Mobil Corp was suspended from the advocacy group Climate Leadership Council (CLC) which looks to make policies to address climate change.

The move comes just weeks after an Exxon lobbyist was secretly recorded by Greenpeace saying some of the company’s key climate commitments were disingenuous. The group’s founding members include BP, ConocoPhillips, Goldman Sachs Group, Microsoft and Conservation International.

"After careful consideration, we have decided to suspend ExxonMobil's membership in both the Council and Americans for Carbon Dividends, our advocacy arm," CLC CEO Greg Bertelsen said in a statement.

Exxon CEO Darren Woods quickly apologized for the lobbyist’s comments, which included claims that the oil giant worked with “shadow groups” to undermine climate science. After an activist investor won a key boardroom battle earlier this year that diluted Woods’s influence over directors, the company is under intense investor pressure to bolster emission-reduction efforts.

The CLC's decision marks a u-turn after it supported the oil major in June after the lobbyist's comments.

Exxon said in a statement the CLC's decision was "disappointing and counterproductive."

"It's more important than ever for organizations to work together to advance meaningful policy solutions to address shared challenges and society's net-zero ambitions," it said.

The company said it would continue to be a part of the Alliance for Market Solutions, an organization that also works to try and reduce carbon pollution.

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