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2021 Energy & Carbon Summary 2 | 2021 Energy & Carbon Summary Table of Contents 5 11 33 39 3 EXECUTIVE SUMMARY 5 GOVERNANCE 6 Climate change risk oversight 7 Coordination and support of board committees 9 Board composition and evaluation 11 STRATEGY 12 Energy supply and demand trends 14 Considering 2oC scenarios 16 Signposts for the evolving energy landscape 17 Potential impact on proved reserves and resources 20 Positioning for a lower-carbon energy future 22 Developing and deploying scalable t IHS Markit , average of the scenarios , industry use of oil , operation in which exxonmobil , demand t t average , exxonmobil have to reduce , report and in item , emissions across its operations , percent of the world , emissions associated with production , changes to the committees , technologies such as ca 31-Jan-2021 auto-generated