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  • Derrick Daye
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    Derrick has spent the past 18 years helping organizations release the full potential of their brands. His experience is as deep as it is diverse encompassing the disciplines of advertising, branding, sales promotion and public relations. Most notably he has worked with the White House Press Corps, Johnson & Johnson and the National Basketball Association.

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« Overcoming Common Brand Problems - 4 | Main | Overcoming Common Brand Problems - 5 »

October 05, 2006

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Listed below are links to weblogs that reference Exxon Vision Is Perilously Short-Term:

» Branding Strategy Insider: Exxon vision is perilously short-term from
Read how ExxonMobil & BP have two very contrasting brand strategies... [Read More]

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Derrick Daye

The reference to our marketing strategies in juxtaposition to the Nazis is unmerited and offensive. Mr. Ritson misstates the facts relating to ExxonMobil and our positions and actions on climate change.

We know that carbon emissions are one of the factors that contribute to climate change. We agree with scientific assessments which conclude that climate change poses risks that may prove to be significant for society and ecosystems.

Consequently, we are taking steps to reduce and minimise carbon and other greenhouse gas emissions from our own operations. In addition we support approaches to reduce emissions in ways that are cost-effective for society and that consider the uncertainties that remain. Some relevant examples:

* We are the founding sponsor of the $225m Global Climate Energy Project at Stanford University that is focused on pursuing technology breakthroughs to deliver energy with much lower carbon dioxide emissions. It is the largest privately funded, long-term research programme of its type in the world.

* We have reduced emissions in our own operations, such as the flaring of natural gas at production sites, and invested to make efficiency savings at our refineries (at a cost of $1bn in 2004-5).

* In 2004, our company avoided 10m metric tonnes of greenhouse gas emissions. We are working to identify and implement additional measures to more than double these reductions in the near future.

ExxonMobil has undertaken climate change research for 25 years and our work has produced more than 40 papers in peer-reviewed literature. We have supported major projects at such institutions as the Massachusetts Institute of Technology, Princeton University and the Hadley Centre for Climate Prediction. We also give financial support to organisations which research significant policy issues and promote informed discussion on issues of relevance to the company. These include topics such as international affairs, environmental issues and market economics. These organisations are supported by other interested parties. They do not speak on our behalf, nor do we control their views and messages. Our financial support for such organisations is on our website www.exxonmobil.com.

ExxonMobil is engaged with the issue of climate change in a serious, responsible and substantive way. The article does little to add to the debate; his writing is perilously short on facts, knowledge or understanding.

Nick Thomas, Director, Corporate Affairs, ExxonMobil - Via Email

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