Specialized Disclosure Report (sd)
26 May 2023 - 06:03AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM SD
SPECIALIZED DISCLOSURE REPORT
Exxon Mobil Corporation
(Exact name of the registrant as specified in its
charter)
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New Jersey |
1-2256 |
13-5409005 |
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(State or other jurisdiction of |
(Commission |
(IRS Employer |
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incorporation or organization) |
File Number) |
Identification No.) |
5959 Las Colinas Boulevard, Irving, Texas 75039-2298
(Address of principal executive offices) (Zip Code)
Joe Horne (972) 940-6000
(Name and telephone number, including area code, of the person to
contact in connection with this report)
Check the appropriate box to indicate the rule pursuant to which
this form is being filed, and provide the period to which the
information in this form applies:
[X] Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1)
for the reporting period from January 1 to December 31,
2022.
Section 1 – Conflict Minerals Disclosure
Item 1.01
Conflict Minerals Disclosure and Report
Section 13(p) of the Securities Exchange Act of 1934 and Rule 13p-1
thereunder (collectively, the “conflict mineral rules”) require
certain disclosures concerning supply sources for conflict minerals
– consisting of gold, tin, tungsten, or tantalum – that may be
necessary to the manufacture or functionality of a company’s
products.
Terms and phrases used but not defined in this disclosure have the
meanings given under the conflict mineral rules.
No conflict mineral is intentionally added to, or serves as a
functional component of, products sold by ExxonMobil.
However, the manufacturing process for certain of ExxonMobil’s
refined petroleum and petrochemical products utilizes catalysts
which include tin, tungsten, or gold compounds as active
ingredients. Depending on the type of catalysis process used, trace
amounts of such minerals may exist in some of our finished
products.
We understand staff of the U.S. Securities and Exchange Commission
(“SEC”) has previously issued oral guidance that conflict mineral
compounds are not subject to reporting under the conflict mineral
rules.
However, in the absence of affirmative written SEC guidance on this
point ExxonMobil has conducted in good faith a reasonable country
of origin inquiry regarding the conflict minerals described above
for 2022.
Such inquiry is reasonably designed to determine whether any of
these minerals originated in the Democratic Republic of the Congo
or an adjoining country (the “covered countries”), or are from
recycled or scrap sources.
The tin, tungsten, or gold catalysts used by ExxonMobil in 2022
were purchased from third party suppliers.
ExxonMobil’s country of origin inquiry includes obtaining from each
of these suppliers for catalysts containing tin, tungsten, or gold
compounds an annual written declaration in the form of the Conflict
Minerals Reporting Template (“CMRT”) promulgated by the Responsible
Minerals Initiative (“RMI”).
Our contracts with each of these catalyst suppliers also require
the suppliers to have and maintain procedures reasonably designed
to ensure that all conflict minerals necessary to the functionality
of products manufactured by the supplier or contracted by the
supplier to be manufactured that are sold to ExxonMobil will be
conflict free.
With respect to products we manufactured or contracted to
manufacture in 2022, we have obtained completed CMRT declarations
from each of our eight third party suppliers of catalysts
containing tin, tungsten, or gold compounds.
All applicable suppliers certified that the gold used in their
catalysts did not originate in the covered countries.
Based on these inquiries, we conclude that, with respect to
catalysts containing gold compounds which were used in the
manufacture of products by ExxonMobil in 2022, such minerals did
not originate in the covered countries.
Five of eight suppliers certified that the tin or tungsten used in
their catalysts did not originate in the covered countries.
Based on these inquiries, we conclude that, with respect to
catalysts containing tin or tungsten compounds from these suppliers
which were used in the manufacture of products by ExxonMobil in
2022, such minerals did not originate in the covered
countries.
Three suppliers indicated in their CMRT declarations that some of
the smelters in their respective supply chains source tin and/or
tungsten from the covered countries (the “covered country
declarations”).
All three of the covered country declarations were provided on a
company basis rather than a product basis so it is not known with
certainty that minerals from the covered countries were actually
used to produce catalysts sold to ExxonMobil.
Covered country declarations represented that any covered country
smelters or refiners used in the supplier’s supply chain in 2022
were “conformant” within the meaning of the RMI standards.
Under RMI definitions, “conformant” means smelters and refiners
that have successfully completed an assessment against the
applicable Responsible Minerals Assurance Process (“RMAP”) or an
equivalent cross-recognized assessment.
RMAP includes Supply Chain Transparency Audit Protocols for tin or
tungsten, as applicable, under which a “conformant” smelter must
have completed a RMAP conformance audit conducted by an independent
third-party auditor.
According to the RMI website, the operational impacts of Covid-19
have led to postponement of some RMAP assessments, in which case
assessments will be scheduled at the earliest possible date with
consideration given to maintaining public safety.
Based on the representations made in the covered country
declarations regarding the supply chains upstream of ExxonMobil’s
direct catalyst suppliers, together with information provided in
further discussions with certain of these suppliers and information
available on the RMI website, we do not believe further diligence
regarding these supply chains is necessary on ExxonMobil’s
part.
This Conflict Minerals Disclosure and accompanying Conflict
Minerals Report are available on ExxonMobil’s website
at:
https://corporate.exxonmobil.com/who-we-are/policy/conflict-minerals
Item 1.02 Exhibit
The Conflict Minerals Report required by Item 1.01 is filed as
Exhibit 1.01 to this Form SD.
Section 2 – Exhibits
Item 2.01 Exhibits
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the duly authorized undersigned.
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EXXON MOBIL CORPORATION |
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/s/ KATHRYN A. MIKELLS |
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May 25, 2023 |
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By |
Kathryn A. Mikells |
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(Date) |
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Senior Vice President and Chief Financial Officer |
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