Our mission is to find and produce the energy the world needs today and tomorrow in a way that is consistent with our values. Meeting the world’s demand for energy takes ingenuity, performance and partnership. At Chevron, the combined efforts of our 59,000 employees around the world help economies grow and create a sustainable future. Continued progress toward this goal will require new levels of collaboration and innovation.
Chevron’s 2007 Annual Report, titled Energy>Ingenuity, describes how we are rising to the challenge — every day — of meeting growing energy demand. From working at the frontier of ultra-deepwater technology to reducing carbon emissions, Chevron is committed to developing more energy from more sources in an environmentally responsible way.
Our values guide our work every day. We recognize that how we conduct our work is fundamental to achieving our business goals. The vision, values and strategies in The Chevron Way are available in 14 languages for our employees. They are grounded in benefiting communities, protecting the environment, supporting human rights and working in an ethical manner.
Partnerships help us achieve our mission and demonstrate our values. Chevron is engaged in partnerships that span the breadth of our business. In 2007, we met several milestones for existing partnerships and established new ones to advance our work around the globe.
The Angola Partnership Initiative celebrated its fifth anniversary. We expanded our existing alliance with the Discovery Channel Global Education Partnership and began constructing a second vocational training school in Indonesia. A new corporate process was launched to identify and develop sustainable solutions to the impacts of capital projects. Our support for the fight against HIV/AIDS continued with a new multimillion-dollar partnership. With others inside and outside our industry, we participated in the development of the U.S. National Petroleum Council’s comprehensive study to evaluate the global energy outlook and recommend an integrated strategy to meet future energy challenges. We launched a new public awareness campaign on energy — facts, challenges and solutions. New research alliances were created to develop clean fuels, which help reduce carbon emissions.
During 2007, we remained focused on achieving our target of zero incidents. While our overall safety performance continued to improve, 17 people died working for us. We will continue to dedicate the work and resources necessary to meet our target and help our employees go home to their families safe, every day.
We conduct business in a complex global environment. The energy challenges we face as an industry and as a society are formidable. However, throughout our company’s history, we have embraced challenges as opportunities to achieve results, the right way. Our dedication to collaboration and innovation supports our commitment to be the partner of choice in the energy industry.
Dave O'Reilly
May 2008