A second U.S. exit from the Paris Climate Agreement will have profound implications for the United States’ efforts to reduce its own emissions,” an Exxon spokesperson told ESG Dive.

Donald Trump is preparing to withdraw from the Paris climate agreement when he returns to office in January. The president-elect’s team has already prepared an executive order that would see the US leave the international treaty, which commits countries to cutting their greenhouse gas emissions.

Darren Woods was one of only a few Western oil executives attending a global climate conference in Baku, Azerbaijan.