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Political contributions
Policy
We believe that sound public policy is achieved when a variety of informed voices participate in the political process.
ExxonMobil also provides support to organizations that promote international relationships, institutions with strong research capabilities that contribute to informed policy decision-making, and organizations that assess public policy alternatives on issues of importance to the energy industry.
Corporate political contributions
The Board of Directors has authorized ExxonMobil to make political contributions to candidate committees and other political organizations as permitted by applicable laws in the United States. ExxonMobil’s support of candidates and political organizations reflects corporate interests and not those of any individual employee, officer or independent director. The political contributions of the corporation, as well as the contributions from the company-sponsored political action committee, are reviewed with the board of directors annually and are routinely verified during internal audits of the corporation’s public and government affairs activities.
In 2022, ExxonMobil contributed $285,000 in support of five national political organizations of state officials. In addition, the company contributed over $205,000 in election support to 173 state-level candidates and five committees in six U.S. states. Contributions are reported to applicable governing agencies. As required of federal contractors by law, ExxonMobil has not used corporate treasury funds to support any federal candidates, national political parties or other political committees, including Super PACs. Also at the federal level, ExxonMobil has chosen not to use treasury funds or political action committee funds for direct independent political expenditures, including electioneering communications.
Corporate political contributions – annual summaries
Itemized lists of corporate political contributions to the national political organizations and state-level candidates and committees for the past five years are available here.
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Corporate PAC contributions
As with many corporations, ExxonMobil offers certain eligible employees and shareholders an opportunity to participate in the U.S. political process by contributing to a company-sponsored Political Action Committee (PAC). Participation in the PAC is completely voluntary. Political contributions made from the PAC are reported monthly to the Federal Election Commission, and are a matter of public record.
In 2022, the ExxonMobil PAC disbursed $591,000 to federal and state candidates and committees. A listing of ExxonMobil PAC contributions for 2022 is available below. A detailed schedule of ExxonMobil PAC contributions from previous years can be accessed on the U.S. Federal Election Commission website at http://www.fec.gov.