ExxonMobil action to further reduce greenhouse gas emissions
ExxonMobil signed an agreement with an independent validator, non-profit MiQ, to begin the certification process for natural gas produced at its Permian Basin facilities at Poker Lake, New Mexico. Certified natural gas validates emissions reduction efforts and helps customers meet their emissions goals.
MiQ is a partnership between RMI, formerly the Rocky Mountain Institute, and SYSTEMIQ, a global sustainability consultancy. It developed and maintains the “MiQ Standard,” a framework that assesses and grades methane intensity, enhanced monitoring technology deployment, and operating practices that promote a culture of emissions management and continuous improvement. A MiQ accredited independent auditor performs the assessment, and MiQ issues tradeable certificates based on the grade achieved.
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