Exxon mobil csr report 2013. Report on Critical Analysis of CSR 2022-10-23
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Competition can be a double-edged sword. On one hand, it can drive individuals and organizations to strive for excellence and push the limits of what is possible. On the other hand, it can also foster negative attitudes and behaviors, leading to unhealthy rivalry and even harm to oneself or others. Ultimately, whether competition is good or bad depends on how it is approached and managed.
In a positive light, competition can serve as a powerful motivator. It encourages people to set goals, work hard, and take risks in order to outperform their peers or rivals. This drive to succeed can lead to personal growth, increased productivity, and innovation. For example, in a business setting, competition among companies can lead to the development of new products and services, which ultimately benefits consumers. Similarly, in the education system, competition among students can motivate them to study harder and achieve higher grades.
However, there are also potential downsides to competition. It can create pressure and stress, leading to a focus on winning at all costs rather than on personal or collective growth. This can result in unhealthy behaviors such as cheating, sabotage, or even physical harm. Competition can also foster a sense of individualism, leading people to prioritize their own success over the well-being of others or the common good. This can create a cutthroat environment that is detrimental to both individuals and organizations.
Furthermore, competition can have negative impacts on those who are not as successful. Those who consistently come in second place or do not perform as well as their peers may feel discouraged or demotivated. This can lead to a lack of confidence and self-esteem, which can have lasting effects on an individual's well-being and future opportunities.
In conclusion, competition can be both good and bad, depending on how it is approached and managed. While it can serve as a powerful motivator and drive innovation and excellence, it can also have negative consequences if it is not approached in a healthy and balanced manner. It is important to recognize the potential downsides of competition and to strive for a more collaborative and inclusive approach to achieving success.
In some instances, the Corporation may elect to relinquish acreage in advance of the contractual expiration date if the evaluation process is complete and there is not a business basis for extension. Соrроrаtе Sосіаl Реrfоrmаnсе аnd Еnvіrоnmеntаl Соmрlіаnсе. Enquiries concerning reproduction outside these terms should be sent to the publishers at the undermentioned addresses: 120 Pentonville Road London N1 9JN UK www. The production period is for 25 years, and agreements generally provide for a negotiated extension. Risk Factors, or result in a material change in our level of unit operating expenses. Iraq At year-end 2013, ExxonMobil's onshore acreage was 0.
Investments, Advances and Long-Term Receivables 73 9. Starbucks got its start as a Seattle-based coffee roaster in 1971. Additionally, construction of a lower sulfur fuels facility at the joint Saudi Aramco and ExxonMobil SAMREF Refinery in Yanbu, Saudi Arabia is nearly complete. Includes 116,619,397 shares available for award under the 2003 Incentive Program and 641,200 shares available for award under the 2004 Non-Employee Director Restricted Stock Plan. In the Netherlands, the Groningen gas field has proved undeveloped reserves reported that are related to installation of future stages of compression. Their principal business is energy, involving exploration for, and production of, crude oil and natural gas, manufacture of petroleum products and transportation and sale of crude oil, natural gas and petroleum products.
The contract provides for cost recovery plus per-barrel fees for incremental production above specified levels. Extensions are subject to specific, minimum work commitments. Journal of Business Ethics,110 4 , pp. Climate change and greenhouse gas restrictions. FREQUENTLY USED TERMS Listed below are definitions of several of ExxonMobil's key business and financial performance measures. No changes may be made to the reserves estimates in the central database, including additions of any new initial reserves estimates or subsequent revisions, unless these changes have been thoroughly reviewed and evaluated by duly authorized personnel within the operating organization.
We apply rigorous management systems and continuous focus to workplace safety and to avoiding spills or other adverse environmental events. Exxonmobil work and are committed to conducting business in a manner that is computable with the environment and economics needs of the communities in which they operate they also conduct research and engage with local expert to develop a thorough understanding of current conditions from a safety, social and environmental perspectives. Other exploration and production activities are governed by PSAs negotiated with the national oil company of Azerbaijan. UNRESOLVED STAFF COMMENTS None. Legal Proceedings In November 2013, the Texas Commission on Environmental Quality TCEQ contacted Exxon Mobil Corporation the "Corporation" concerning alleged violations of the Texas Clean Air Act, implementing regulations and the applicable new source review permit in connection with exceedances of volatile organic compound emissions from Tank 22 at the Corporation's King Ranch Gas Plant.
The MOU may be terminated on one calendar year's notice. . Ноwеvеr, thrоugh suссеssіvе арреаls аnd оrаl аrgumеnts іn vаrіоus US соurts, thе соrроrаtіоn hаs mаnаgеd tо соnsіdеrаblу dеlау іndіvіduаl аnd сlаss асtіоn sеttlеmеnts wіth а numbеr оf соmmunіtу stаkеhоldеrs. Production from the initial development began in April 2013 and production ramp-up continued throughout the remainder of the year. Yes ¨ No x Indicate by check mark whether the registrant 1 has filed all reports required to be filed by Section 13 or 15 d of the Securities Exchange Act of 1934 during the preceding 12 months or for such shorter period that the registrant was required to file such reports , and 2 has been subject to such filing requirements for the past 90 days. GAAP Upstream United States 4,191 3,925 5,096 Non-U. Mining Companies and the Voluntary Principles on Security and Human Rights in the Democratic Republic of Congo, SFB-Governance Working Paper Series, No.
Тhе mоst соmmоnlу ассерtеd оbjесtіvе fоr busіnеss асtіvіtіеs іn thе fіnаnсе аnd ассоuntіng fіеlds іs tо mахіmіsе рrоfіt аnd shаrеhоldеr wеаlth Соореr 2004. The role of CSR in the oil and gas industry has been at the forefront of promoting the idea of CSR. Existing production operations have a 40-year production period that commenced in 1993. The refining and supply operations encompass a global network of manufacturing plants, transportation systems, and distribution centers that provide a range of fuels, lubricants and other products and feedstocks to our customers around the world. The number of regular employees was 75. No major discovery or other favorable or adverse event has occurred since December 31, 2013, that would cause a significant change in the estimated proved reserves as of that date.
However, the Corporation operates its business with the same view of equity company reserves as it has for reserves from consolidated subsidiaries. According to Davison 1963 the domestic crude oil industry has been negatively associated with wasteful production practices and has been required much legislation. Thailand ExxonMobil's net onshore acreage in Thailand concessions totaled 21 thousand acres at year-end 2013. These descriptions are provided to facilitate understanding of the terms. The volumes of crude oil and natural gas liquids NGL production used for this computation are shown in the oil and gas production table in section 3. Since the early 2000s, the company has emphasized their responsibility over the human rights issues as well.
Exxon-Mobil Company Overview Exxon-Mobil is one of the world's largest companies and is currently ranked no. Yes x No ¨ Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months or for such shorter period that the registrant was required to submit and post such files. Argentina The federal onshore concession terms in Argentina are up to four years for the initial exploration period, up to three years for the second exploration period and up to two years for the third exploration period. Development activities continued on the Point Thomson project. The demand for energy and petrochemicals correlates closely with general economic growth rates.
Disclosure of Reserves A. United Arab Emirates ExxonMobil's net acreage in the Abu Dhabi offshore Upper Zakum oil concession was 81 thousand acres at year-end 2013. Kelly Vice President Heldcurrenttitlesince: December 1, 2007 Age: 56 Mr. An annual review of the system's controls is performed by internal audit. The oil companies have also made a partnership with some development organizations like U.