Public policy decisions often have significant implications for Chevron's current operations and future direction. Accordingly, Chevron exercises its fundamental right and responsibility to participate in the political process. Our activities meet high ethical standards, are done in accordance with strict company procedures and guidelines, are aligned with company interests, and are done in a manner that demonstrates accountability and transparency.
Philosophy and Rationale
Chevron exercises its fundamental right and responsibility to participate in the political process. We make political contributions where permitted by law and, consistent with company policy, to support political candidates and political organizations or ballot measures that are committed to economic development, free enterprise and good government. We also advocate our positions on proposed policies that will affect the company's ability to meet the growing demand for energy and encourage our employees, retirees and others to communicate with officials when permitted by law.
We lobby ethically, constructively and in a bipartisan manner through direct communication with public officials, and we comply with all registration and reporting regulations related to our lobbying activities.
In the United States and abroad, Chevron is committed to adhering to the highest standards of ethics and transparency in engaging in any political activities and to complying with the letter and spirit of all laws and regulations governing political contributions and lobbying. As a matter of practice, Chevron makes only limited contributions outside the United States.
Lobbying – Chevron's lobbying activities include both direct communication with public officials and providing support to any person who engages in such communication. Prior to engaging in lobbying activities, any employee or director must obtain guidance from their local Policy, Government and Public Affairs (PGPA) manager.
Chevron is actively engaging the administration of U.S. President Obama and the U.S. Congress to provide perspective on the complexity of energy issues affecting the United States and the world. Our outreach includes recommendations on policy matters regarding the economy, energy, climate change, international issues, education, and research and development. The goal is to help shape an effective and responsible U.S. energy policy. The recommendations include promoting energy efficiency and expanding and diversifying the country's energy portfolio.
Corporate Contributions – Chevron has strict policies and internal approval processes so that decision making and reporting on political contributions comply with the letter and spirit of all applicable laws. Every political contribution Chevron makes is subject to a thorough review process, and our review procedures are routinely verified. All corporate political contributions (monetary or nonmonetary) are centrally controlled, and regardless of the amount or country of donation, are planned, budgeted, legally reviewed and approved in advance by senior management, internal and external legal counsel, and in certain cases by the Office of the Chairman. Political contributions are typically initially proposed and budgeted by public affairs representatives in the company, working closely with business unit managers at all levels of the organization. Proposed actions are tested for their alignment with and support of clearly communicated business unit objectives and company interests. All contributions and all Chevron employees adhere to strict internal review procedures, and no employee is reimbursed for making a political contribution.
Contributions are reported as required by law in the applicable jurisdiction where the contributions are made. Global contributions in 2012 were approximately $12 million to support candidates and political organizations that foster economic development, free enterprise and good governance. Totals include contributions to support our views on local and state ballot measures.
PAC Contributions – The Chevron Employees Political Action Committee (CEPAC) is a forum for eligible employees, stockholders and stockholder retirees to voluntarily contribute to a fund that supports the election of pro-growth, pro-opportunity candidates to Congress and in states where corporate contributions are prohibited. Decisions about contributions to specific federal candidates are made by members of the PAC Board, with input from the company’s federal relations staff in Washington, D.C. and field PGPA managers. Chevron employees, through CEPAC, contributed $623,800 in 2012 to the election of candidates from both parties for U.S. federal office, as well as to local and state candidates in certain U.S. jurisdictions. By policy, CEPAC does not contribute to presidential candidates or national political parties.
2011-2012 Chevron Employees Political Action Committee Contributions (84 KB)
Accountability and Transparency
We take a number of steps to ensure transparency and accountability for our political involvement:
- The Public Policy Committee of our Board annually receives and reviews a detailed report of the prior year's political contributions.
- Annually report the prior year's corporate political and CEPAC contributions on the company's internal and external Web sites.
- Upon written request by any stockholder, we have a long-standing practice of furnishing a list of all political contributions.
- Annually report the prior year's Federal and California quarterly reports on the company's external website.
- Contribution and Lobbying data are available from a number of public sources.
Updated: May 2013