Corporate responsibility is a journey. Its path is marked with challenges and opportunities
that through dialogue and partnership can be leveraged for common benefit and greater
understanding. Through this report, we hope to convey to you how conducting our business
responsibly, delivering energy and creating sustainable partnerships are at the core of
Chevron's values.
Energy is the foundation of global growth and prosperity. For billions of people, access to
energy is the first and vital step out of poverty. To help meet current and future demand, we
strive to find and produce energy safely and with respect for the environment. While billions
of people do not have access to energy, millions of people could use energy more efficiently.
This year, we engaged the American public on an issue of utmost importance to our company
— energy efficiency. For years, we have been improving our own efficiency — 28 percent
since 1992. This year, we asked U.S. energy consumers to say "I Will" to taking concrete
actions to reduce their energy consumption. We also do our part. Chevron's Action Plan on
Climate Change has guided our emissions reduction projects, efficiency improvements and
research investments.
Chevron does more than provide energy. Our partnerships touch millions of lives and set the
stage for human advancement by addressing basic human needs, education and economic
development. Our approach to community development in the Niger Delta gradually shifts the
ownership of community development programs we fund to the communities themselves. As
the first Corporate Champion of The Global Fund to Fight AIDS, Tuberculosis and Malaria, we are
working to help control and eradicate these diseases in six countries with high incidence rates.
In 2008, we expanded and deepened our engagement with governments, nongovernmental
organizations, thought leaders, stockholders and multilateral institutions. On topics spanning
human rights, economic development, governance and climate change, we shared our views
and listened to many stakeholders and experts.
For Chevron, corporate responsibility is more than just an objective. Built on The Chevron Way,
it is central to everything we are and is embedded in everything we do. Thank you for joining us
on this journey.
How We Chose What to Include in This Report
Chevron's seventh annual Corporate Responsibility Report provides
descriptions, data and perspectives on our socioeconomic and
environmental performance for 2008. The report reflects our efforts
toward conducting our business in a safe, socially responsible and
ethical manner.
The content included in our report was selected because of
its significance
to our business values and objectives and its
importance to our stakeholders.
Our ongoing engagement with
employees and external stakeholders — including communities,
nongovernmental organizations and investors — helped define
the issues and priorities for the report.
About This Report
This report covers 2008 data and activities.
We also occasionally mention events that took
place in early 2009 when they help provide
a clearer picture of our performance. This
report covers our owned or operated businesses
and does not address the performance
of our suppliers, contractors or partners unless
otherwise noted. All financial information is
presented in U.S. dollars. Our previous report
was published in May 2008 and covers 2007
data and activities.
We continue to be informed by reporting
frameworks and guidelines that include the
Global Reporting Initiative (GRI) and the Oil
and Gas Industry Guidance on Voluntary
Sustainability Reporting, published in 2005 by
the International Petroleum Industry Environmental
Conservation Association (IPIECA) and
the American Petroleum
Institute (API). We
included an index to help readers find information
corresponding to the GRI and API/IPIECA
indicators.
This report, previous editions of our report and additional information
can be found in the publications section of the site.
Cautionary Statement Relevant
to Forward-Looking Information
This Corporate Responsibility Report by
Chevron Corporation contains forward-looking
statements relating to the manner in which
Chevron intends to conduct certain of its activities,
based on management's current plans
and expectations. These statements are not
promises or guarantees of future conduct or
policy and are subject to a variety of uncertainties
and other factors, many of which are
beyond our control.
Therefore, the actual conduct of our activities,
including the development, implementation or
continuation of any program, policy or initiative
discussed to forecast in this report may
differ materially in the future. The statements
of intention in this report speak only as of the
date of this report. Chevron undertakes no
obligation to publicly update any statements in
this report.
As used in this report, the term "Chevron" and
such terms as "the company," "the corporation,"
"their," "our," "its," "we," and "us" may
refer to one or more of Chevron's consolidated
subsidiaries or affiliates or to all of them taken
as a whole. All of these terms are used for
convenience only and are not intended as a
precise description of any of the separate entities,
each of which manages its own affairs.
Updated: May 2009