About ExxonMobil
ExxonMobil is the largest oil company in the world, and is the largest of the three "supermajors"- diversified oil companies that are involved in all phases of the business from the drilling rig to the gasoline pump. In 2004, ExxonMobil had nearly $300 billion in sales and reported a profit of $25 billion. Power Point Presentation on ExxonMobil around the World ExxonMobil Financial Information Here
are links to documents compiled by the U.S. Securities & Exchange
Commission (SEC), the agency that regulates the financial practices of
publicly-held companies that sell their shares in the United States. We link to two kinds of documents: The 10K The
10K is a comprehensive, detailed report on the company's business over
the calendar year. It includes detailed financial information,
information on the countries and locations where the company does
business, information on employees and unionization, information on
company strategies, and other vital data. The 14A The
14A is a statement sent out yearly to shareholders to solicit their
votes for the upcoming shareholders' meeting (AGM). It proposes names
of director candidates for election or re-election, and contains
information about the performance of the company's stock and
compensation paid to directors and officers of the company. It also
contains text of the changes in company policy to be voted on by the
shareholders, including both proposals submitted by management and
other shareholders. In the past, these have included proposals
submitted by the unions and NGOs (nongovernmental organizations) allied
in the human rights coalition. Please Note: All SEC documents are in English.
The company got its start as the core operations of John D. Rockefeller's oil empire more than 100 years ago. After Rockefeller's Standard Oil Trust was broken up in the early 20th century, ExxonMobil, then known as Standard Oil of New Jersey, became the world's largest private sector oil company.
Even in the early days, the company set a harsh example, fighting tooth and nail to keep its workers out of unions. In the 1930s, when most other large oil companies in the US accepted union recognition, the company that became ExxonMobil held out. In its global operations, the company took a similar attitude.
Through the end of the 20th century, the company, which changed its name to Exxon in the 1970s, maintained its resistance to both unions and the communities in which it did business. In 2000, Exxon bought Mobil Oil, the former Standard Oil of New York, and changed its name to ExxonMobil to reflect the new acquisition.
In the early years of this century, concerted campaigns by unions and environmental and human rights groups began to convince the company to begin dialogue. That dialogue is ongoing in 2006. There are genuine signs of progress, but the road to be traveled is long.
The Global Network for ExxonMobil Workers' Solidarity exists in part to encourage this dialogue and ensure that labor rights are a core part of the change throughout the world as ExxonMobil becomes more responsive.