Women’s economic opportunity
ExxonMobil and the ExxonMobil Foundation invest in organizations around the world dedicated to bolstering women’s economic empowerment.
ExxonMobil’s supplier diversity program began in the U.S. 50 years ago and has steadily expanded globally. Increasing women-owned businesses stimulates innovation, enhances competition in the supply chain, and builds customer and supplier loyalty by supporting the communities in which we operate.
We focus investments on developing women entrepreneurs, implementing programs on financial literacy, providing access to savings accounts, and improving the productivity of women farmers.
ExxonMobil and the ExxonMobil Foundation have supported women in more than 90 countries seeking to fulfill their economic potential and drive economic and social change in their communities. From 2005 through 2022, we have collectively invested more than $128 million to help community-based and global partners implement programs that directly benefit women.
For instance, this funding has allowed 5,000 female entrepreneurs to benefit from the nonprofit Solar Sister’s business training while bringing life-altering energy solutions to their local communities. This effort has reached more than 1.7 million people and created a positive ripple effect on health, education, and the environment.
Meanwhile, more than 2,800 women entrepreneurs have strengthened their skills and grown their businesses by participating in the Road to Growth program, a collaboration between the Cherie Blair Foundation for Women and the ExxonMobil Foundation. Three-quarters of the participants in Nigeria increased their savings during the program and more than half increased their business revenues, even during the pandemic.
For the past several years, ExxonMobil has invested approximately $500 million annually in women-owned businesses. ExxonMobil is also a founding member of the Global Business Coalition for Women’s Economic Empowerment, a private-sector consortium that fosters economic change for women.
Our partners in building women’s economic opportunities
Promoting and measuring women’s economic empowerment
Empowering women business owners through financial literacy
She Counts: a global platform to put savings and financial tools in the hands of women
