External assessment panel

Improving corporate reporting through increased transparency
We seek to continuously improve our reporting on corporate citizenship and sustainability issues. Each year, we solicit feedback on our Corporate Citizenship Report from external experts and use this feedback in our reporting process for the following year. In 2010, prior to the publication of our 2009 Corporate Citizenship Report, we convened our second independent External Assessment Panel to provide comments and suggestions to improve the content, usability, and relevance of our report. All panelists were external to ExxonMobil, and the panel did not undertake any form of endorsement or validation exercise of ExxonMobil’s policies or procedures.

Profile of Panelists

Amy Augustine

Manager, Diversity and International Labor Relations
Calvert Group, Ltd.

Mark Cohen

Vice President for Research
Resources for the Future

Elizabeth McGeveran

Senior Vice President, Governance and Sustainable Investment
F&C Management Limited

Tim Smith

Director and Senior Vice President, Environment, Social, and Governance Group
Walden Asset Management

Salil Tripathi

Director of Policy
Institute for Human Rights and Business

Working with the panel
Panelists provided input on ExxonMobil’s reporting process through a range of formal and informal contacts with company representatives as the report was prepared for publication.

In March 2009, the previous External Assessment Panel was asked to provide feedback on our 2008 Corporate Citizenship Report and to identify areas for improvement and increased transparency. One of their suggestions was to broaden the membership of the panel and allow the panelists the opportunity to review an earlier draft. In response, we expanded the 2010 panel to include five members. Also, in addition to reviewing the final report, we asked them to comment on an early draft of the report and provide feedback on our materiality analysis. Read a summary of the panel’s feedback.

Incorporating panel recommendations
We reviewed last year’s panel comments with senior management in the planning and development of our 2009 Corporate Citizenship Report. Although we did not incorporate all of the panel’s recommendations, we will continue to evaluate their comments for further improvement in future reports. Changes made based on the panel’s feedback included:

• Providing additional charts and historical data and using a common baseline where feasible;

• Expanding discussion of several content issues. Examples include: shareholder proposals, lobbying, employee engagement, hydraulic fracturing, freshwater consumption, and risks and opportunities associated with a carbon constrained world;

• Expanding focus on specific actions taken during the reporting year; and,

• Incorporating several design and organizational recommendations including a map of our global operations.