environment

environment

protecting the environment

we are taking actions to help address climate change

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addressingclimatechange

addressing climate change

 Our approach focuses on actions and investments in three core action areas that can deliver measurable progress for today and the future; lower carbon intensity cost efficiently, increase renewables and offsets in support of our business and invest in low-carbon technologies to enable commercial solutions.

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“We use our unique capabilities, assets and expertise to deliver progress toward the global net zero ambitions of the Paris agreement.  Our three core action areas will help make energy and the global supply chains more sustainable – helping industries and customers that use our products build the lower-carbon world we all desire.

Daniel Droog

Vice President, Energy Transition

addressing climate change by the numbers

$2B

by 2028 in carbon-reduction projects

$750M

by 2028 in investments in renewables and offsets

$300M

committed to the Future Energy Fund II

the future of energy is lower carbon

We believe affordable, reliable and ever-cleaner energy is essential to achieving a more prosperous and sustainable world. Reducing the carbon intensity of the energy billions of people rely on every day is a tremendous opportunity to advance the global net zero ambitions of the Paris Agreement. Our approach focuses on three action areas that can deliver measurable progress for today and the future.

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lower carbon intensity

 cost-efficiently
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increase renewables and offsets

in support of our business
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invest in low-carbon technologies

to enable commercial solutions

Our priority of protecting the environment is not new to Chevron.
It is deeply rooted in who we are and what we value: The Chevron Way.

enhancing transparency with investors and stakeholders

Our strong governance practices provide a framework for enhancing transparency related to climate change. For example, in response to growing interest from our investors and stakeholders, Chevron voluntarily published four dedicated climate reports over the last five years, largely using the recommendations of the Task Force for Climate-related Financial Disclosures (TCFD). These reports explain our strategic decision-making approach as it relates to climate change-related risks and opportunities, including our ongoing evaluations of our portfolio and future investments. As we’ve shared in our reports, these evaluations confirm that our mature and diverse portfolio is resilient in many scenarios and our asset mix enables us to be flexible in response to potential changes.

our framework for decision making

“We proactively consider climate change risks and opportunities in our business decisions. We have the experience, processes and governance in place to manage these climate risks and opportunities, and we are equipped to deliver industry leading results and superior stockholder value in any business environment.”

Mike Wirth

Chairman of the Board and CEO

2020 Corporate Sustainability Report

2020 corporate sustainability report

Read how our people are turning actions into meaningful results.

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2020 climate change resiliency report cover

2021 climate change resilience report

Our latest report provides an update and speaks to actions we are taking in support of a lower-carbon future. 

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2019 corporate sustainability report cover

2019 corporate sustainability report

In this report, we spotlight how our people, partnership and performance furthered humanity’s ability to thrive.

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2019 update to climate change resilience report

This report highlights work we are doing to address climate change risks to our business and new opportunities we are pursuing.

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Climate Change Resilience cover

2018 climate change resilience report

Read about the framework we use to think about climate change in relation to our industry, and specifically in relation to our business.

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enhancingenvironmentalstewardship

enhancing environmental stewardship

focusing on environmental issues

We protect the environment through innovative and responsible operations

Two Chevron technicians wearing hard hats.

Chevron technicians Ginny Ng (left) and Liam Fleay inspect equipment from the Gorgon Project used to inject and store CO2 into the Dupuy Formation, a deep reservoir unit more than two kilometers under Barrow Island.

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“Success in environmental stewardship comes down to increasing effectiveness by reducing complexity and adding capability to help Chevron achieve safe and reliable operations.”

Michael McDonald

Environmental Team Lead

We pursue innovations that improve our environmental performance across our operations. This commitment to sustainability is built into the way we manage our work. Our Operational Excellence Management System establishes standards and objectives that extend from the corporate level to local management, allowing our businesses to focus on the localized risks and potential environmental issues at specific operating locations.

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greenhouse gases

We’re taking steps to manage greenhouse gases (GHGs)

more about GHGs

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water

We recognize the value of water as a fundamental societal, environmental and economic resource

read our water statement

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air emissions

Emissions of air pollutants, including criteria pollutants (NOX, SOX and particulate matter), volatile organic compounds and hazardous air pollutants

more about air emissions

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biodiversity

Natural diversity in ecosystems is essential to human life and plays an important role in sustainable development

more about biodiversity

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environmental management company

Decommissioning, remediation, reclamation and/or abandonment of sites and facilities

learn more about EMC

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waste

Management of all types of solid waste regardless of hazardous classification
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wastewater

Management of all types of domestic and process wastewater, including produced water
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accidental releases

Unplanned releases including petroleum and chemical spills and releases of hazardous vapors

learn more about preparing for potential emergencies

energy efficiency greenhouse gas (GHG) icon

energy efficiency

Energy use throughout Chevron’s operations and facilities

responsible water management

We conserve and protect water resources using a risk-based approach

Four Chevron employees wearing hard hats at water's edge.

Chevron personnel in the Mid-Continent business unit in Texas use our Water Operations Management Tool to enter water composition and volume levels, which captures when sufficient recycled water is ready for reuse in oil operations.

protecting natural resources

Clean water is a fundamental societal, environmental and economic resource and essential for the communities where we operate and our business. We protect this critical natural resource through our risk-based water management systems, processes and standards. Using water responsibly is an important part of being a good partner in the communities where we work.

To ensure that we are using water responsibly, we:

  • Consider water conservation and efficiency in key decisions.
  • Strive to conserve, reuse and recycle water in water-constrained areas.
  • Use appropriate metrics to report on water use.
  • Engage with governments, partners, local communities and other stakeholders on significant water resource issues in areas where we operate.
  • Build partnerships and industry initiatives to promote best practices, develop industry standards and shape policy for water resources.

operational excellence

We instill a culture of operational excellence (OE) that places the highest priority on the safety and health of our workforce and on the protection of communities, the environment and our assets. We are committed to continually improving our environmental performance and reducing the potential impacts of our operations through the implementation of our Operational Excellence Management System (OEMS).

our systematic approach to environmental management

The environment is one of the six focus areas of our Operational Excellence Management System (OEMS), which puts into action our Chevron Way value to protect people and the environment. The OE objective for the Environment Focus Area establishes the priority for our global operations to assess and manage their significant environmental risks across the life of our assets.

learn more about our OEMS expectations

To drive consistency in meeting our Environment Focus Area expectations, we have an Environmental Stewardship (ES) process. The ES process directs our businesses to create an inventory of how their activities interact with the environment. These environmental aspects and their related potential impacts are then used to identify, assess and prioritize environmental risk and improvement opportunities.
In addition to our ES process, we have an Environmental, Social and Health Impact Assessment (ESHIA) process. Our ESHIA process is designed to consistently identify and address potentially significant project-related environmental, social and health impacts. Since its inception in 2007, we have used our ESHIA process in the planning and implementation for capital projects worldwide.

Chevron has eight environmental standards, which apply a consistent level of rigor in managing the environmental aspects of our business. The corporate standards include Third-Party Waste Stewardship and Site Residual Impact Management.

We also have six Upstream-specific environmental performance standards (EPSs) for managing air emissions, flaring and venting, natural resources (including water and land use), offshore drilling fluids and cuttings, produced water and waste management. These EPSs are applied across our Upstream business and capital projects and provide uniform standards and operating practices.