To design, build and bring on-line an industrial-scale emissions reduction project – such as a carbon capture and storage facility – requires an enormous collaboration between different organizations.

ExxonMobil brings to the table our operating and engineering expertise; an understanding of how to scale-up an idea to become globally deployable; and core science and technological capabilities. But it is only when companies, universities, governments and communities work together that major projects succeed. This crucial element of success is one of the driving forces behind our company’s global program of academic collaborations.

ExxonMobil has relationships with 80 universities worldwide, including more than 20 active collaborations in Europe. Launched in 2021, the Common Good Summit, organized by the Toulouse School of Economics (TSE), brings together members of the academic, business and policy-making community, with the aim of building a common understanding on how to solve society’s biggest challenges.

With numerous emissions reductions projects progressing in Europe and around the world, Philippe Ducom and a delegation from ExxonMobil attended the 2022 Common Good Summit to share ideas and hear the perspectives of others. We spoke to Philippe and economist Christian Gollier, co-founder and managing director of the TSE, about the summit and the importance of collaboration for both businesses and universities:

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