
2021 annual reportaccelerating progress
"Accelerating" characterizes the experience of the past year and the call to action shaping the years ahead. "Progress" means doing even more to deliver affordable, reliable and ever-cleaner energy – essential to modern life for billions of people around the world.
Our actions must respond to the world’s growing energy needs and its expectations for a lower carbon future.
We intend to accelerate our progress to meet these twin goals.
chairman's letter


Mike Wirth
Chairman and CEO, Chevron
taking on tomorrow, today
We’re focused on making progress today. This means setting ambitious targets for emissions intensity reductions, developing new technologies and working with customers toward solutions that help them lower their emissions and meet their goals.

our beliefs
We strive to achieve results the right way. Our actions and investments are guided by a set of beliefs that shape our culture and underpin our commitment to deliver for our stockholders, partners and all our stakeholders.

energy is essential to modern life

human ingenuity fuels innovation

the future is lower carbon

leadership carries great responsibility
our strategy
leveraging our strengths to deliver
lower carbon energy to a growing world
how will we achieve this?
Our capabilities, assets and customers are distinct advantages. We’re building on these strengths as we aim to lead in lower carbon intensity oil, products and natural gas and to advance new products and solutions that reduce the carbon emissions of major industries – driving energy progress essential to a dynamic world.
with our human ingenuity
“Progress” means doing even more to deliver energy that is affordable, reliable and ever-cleaner – essential to modern life for billions of people around the world. It means becoming more efficient, returning greater value to our stockholders and growing the capabilities of our people.
meet dolly boden, our turnaround expert
our people deliver on our purpose, every day

hugo monge
network technician
Hugo believes that he plays a crucial role in lowering carbon at Chevron’s Rocky Mountain Business Unit. By ensuring proper installation and maintenance of automation equipment, he enables accurate reporting of valuable data to environmental authorities – critical to Chevron’s carbonfree goal, and his aspirations to create a better future for his daughter.

oswalda tunga
instrument technician
Oswalda goes to work every day with a purpose. One that allows her to play a part in lowering the carbon intensity of Chevron’s operations. As she pursues growth and independence in her career, she is also determined to finding alternate solutions to the world’s growing energy needs.