Supplier development

One of the cornerstones of our national content strategy is creating economic opportunities for local businesses and investing in developing the capabilities of local contractors, suppliers, and vendors to help them meet global industry standards to qualify for contracts with ExxonMobil and others. We promote local capacity by helping suppliers meet our supplier prequalification requirements, providing training for entrepreneurs, and creating business opportunities for local small and medium enterprises.

By purchasing goods and services in-country and developing long-term supplier relationships, ExxonMobil supports the development of the local business community. Our presence has a multiplier effect, as our capital and operating expenses generate direct income for local suppliers and contractors as well as indirect payments to their vendors. As a result, local workers have higher disposable incomes, leading to increased consumer spending and greater national income. As the capacity of local suppliers continues to expand, we are increasing the amount and value of work executed locally.

Our suppliers and contractors must adhere to local and national laws and regulations as well as the specific requirements of ExxonMobil policies and procedures on safety, health, security, human rights, and the environment, including the principles of our Standards of Business Conduct, as required in the terms and conditions of our contracts. We periodically conduct audits and reviews of our suppliers and contractors to ensure adherence to our terms and conditions.