The company has pledged to reduce its emissions, but activists ask if they are going far enough.
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Tanker trucks drive past an ExxonMobil oil refinery in Joliet, Illinois. Scott Olson/Getty Images
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Exxon is one of the most powerful U.S.-based multinational oil giants, but it has been facing criticism and pressure from activists and investors to get a handle on its carbon emissions.
On Monday the company announced a 40 to 50 percent cut to the intensity of its emissions of greenhouse gas methane.
Critics still doubt that Exxon’s new climate plan will go the distance, urging the company to expand into renewables.