governmance

governance

Getting Results the Right Way

getting results the right way

we cultivate a culture of integrity and commit ourselves to do things the right and responsible way

The principles of responsibility, trust and integrity guide our actions and shape our operations. We follow The Chevron Way by prioritizing culture, pursuing operational excellence and advancing corporate governance.

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We disclose our performance data annually, on topics like our global employee diversity and energy efficiency including air, waste and water metrics.

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prioritizingculture

prioritizing culture

We invest in people to strengthen organizational capability and develop a talented global workforce that gets results the right way. Our success in attracting, developing and retaining a diverse workforce comes from strategies, programs and processes based on The Chevron Way.

the chevron way

awards and recognition

Several publications have recognized our initiatives supporting our talented problem solvers

learn more about our awards and recognition

the chevron way

The Chevron Way provides a consistent framework to guide business decisions wherever we operate

learn more about The Chevron Way

workforce training and engagement

our employees are integral to the success of our business, and we are committed to contributing to their career goals and professional development

learn more about workforce training & development

pursuingoperationalexcellence

advancing operational excellence together

we continuously improve how we work to reduce health, safety and environmental risks

Four Chevron employees outdoors

Personnel at our San Joaquin Valley business unit in California add another layer of safeguards by working with Verification and Validation coaches prior to beginning work on a specialized oil rig.

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“Assuring critical safeguards are in place before starting a high-risk task is an important step in prioritizing safety, so I coach employees and contractors to assess their work using standardized protocols before they begin.”

Olukayode Alade

Verification and Validation Coach, Business Services Department

Chevron’s leaders drive our culture of Operational Excellence (OE) by managing risk and learning from each other. We focus on performing every task the right way, every time, to keep our people, partners, communities and the environment safe. Our OE objectives and expectations guide our efforts in six key focus areas: workforce safety and health; process safety, reliability and integrity; environment; efficiency; security; and stakeholders.

2019 was our second safest year in recent history. This success is a credit to the Operational Excellence Management System (OEMS), established in 2004 to manage health, safety and environmental risks. The OEMS enables us to assess risks, identify safeguards and implement programs to assure these safeguards are effective. We constantly strive to learn and innovate to keep people safe.

advancingcorporategovernance

advancing corporate governance

we believe good governance helps us apply the chevron way in all that we do

governance structures

Chevron believes strong governance is the foundation for delivering strong shareholder value. Our governance structures reflect our commitment to fostering long-term relationships, trust and goodwill with our shareholders, ensuring that our decisions and actions advance and respond to shareholders’ interests and supporting full transparency. Our Investor Relations and Corporate Governance teams focus on engaging with shareholders and investors on a range of key issues, including operations, finance, governance, executive compensation, environmental topics, safety and policy.

the environmental, social and governance team

In 2018, Chevron created a dedicated team to engage on environmental, social and governance (ESG) issues with investors, other stakeholders, framework developers – such as the Task Force for Climate-related Financial Disclosures (TCFD) – the Sustainability Accounting Standards Board (SASB), and ESG rating agencies. The ESG team and, when appropriate, senior executives, subject matter experts and, when appropriate, our Lead Director regularly conduct in-depth discussions with investors and stakeholders. We aim to engage annually with our top 50 investors and other key stakeholders. Chevron gains valuable feedback during these engagements, and this feedback is shared with the Board and relevant Board committees. The ESG team regularly briefs the GIC on its efforts and supports the briefing of the PPC.

political contributions and lobbying

Our political contributions adhere to strict procedures and guidelines, and demonstrate accountability and transparency

read more about our political contributions and lobbying

reporting process

Our reporting focuses on issues that matter to our business and our stakeholders — investors, customers, host governments, local communities and employees

learn more about our approach to reporting

board governance and membership

The Board of Directors of Chevron directs the affairs of the corporation and is committed to sound principles of corporate governance

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Key ESG actions

key ESG actions

Each year, we highlight key actions that reflect our company's values and demonstrate our commitment to long-term sustainability.
commitment to process safety

chevron's commitment to process safety

Natalie Martin, a health, environment and safety specialist at Chevron, explains how process safety enhances personal safety on an offshore rig.

high performance

performance

Pursue improvement and disclose results

learn more about our progress and performance