energy transitionour action areas to help advance a lower-carbon future
a view from an independent director
“We know our stakeholders’ expectations on climate change are increasing, and we are committed to helping achieve a lower-carbon future.
Providing guidance and oversight of Chevron’s approach to climate change is an important Board priority.
We regularly consider climate and related sustainability issues as an integral part of our review of the Company’s overall business strategy. We seek to understand climate-related risks over a range of scenarios, then put in place effective protocols to ensure responsible actions that mitigate these risks and strengthen the long- term resilience of our business. Demonstrating our commitment to greater transparency and disclosure, Chevron has in recent years issued four increasingly detailed voluntary climate disclosure reports.
[Chevron] Management and Directors meet regularly with investors and other outside stakeholders to better understand your views and suggestions. Like you, we at Chevron are committed to helping achieve a lower-carbon future.”
— Dr. Ronald Sugar, Lead Director
Chevron employs long-standing risk management processes for identifying, assessing, and managing the risks to our business, including risks related to climate change.
Our strategic and business planning processes guide our actions to deliver higher returns and lower carbon.
Chevron supports the Paris Agreement and is committed to helping to address climate change while continuing to deliver energy that supports society. Climate policy should achieve emissions reductions as efficiently and effectively as possible, at the least cost to economies.
actions and investments
Our approach to advancing a lower-carbon future focuses on actions and investments in three core action areas: lower carbon intensity cost efficiently, increase renewables and offsets in support of our business and invest in low-carbon technologies to enable commercial solutions.
advancing a lower-carbon future
investing in low-carbon business opportunities
2021 climate change resilience report
2019 corporate sustainability report
2019 update to climate change resilience report
2018 climate change resilience report