ExxonMobil on Monday announced more ambitious goals to reduce greenhouse gas (GHG) emissions over the next five years only a week after a group of shareholders called for an overhaul of strategic goals.

The Irving, TX-based supermajor also expects to meet a 2020 forecast set two years ago to cut global methane emissions by 15% and natural gas flaring by 25% from 2016 levels. ExxonMobil said the stepped up goals align with the United Nations climate accord, better known as the Paris Agreement. 

“These meaningful near-term emission reductions result from our ongoing business planning process as we work toward industry leading greenhouse gas performance across all our business lines,” CEO Darren Woods said. “We respect and support society’s ambition to achieve net zero...