Chevron

Chevron and Cummins Announce Strategic Collaboration on Hydrogen

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Global power leader Cummins Inc., and Chevron U.S.A. Inc., have announced a memorandum of understanding to explore a strategic alliance to develop commercially viable business opportunities in hydrogen and other alternative energy sources. 

Meet Karen; Chevron's Senior Advisor of Social Investment

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Meet Karen, who’s working in local communities to advance racial and social equity in education.

Through Chevron’s educational investment programs and equity-forward partnerships, Karen is helping Chevron advance long-term social equity efforts in communities where they operate.

Read about the difference her work is making in the 2020 Corporate Sustainability Report

About Chevron

Employee Spotlight: Colby Hall - Lowering Carbon Intensity

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Chevron believes the future of energy is lower carbon. That’s why Chevron has committed $3 billion by 2028 to advance our energy transition strategy. Chevron is lowering carbon intensity, increasing renewables and offsets in support of their business and investing in low-carbon technologies.

Chevron and The Future of Low Carbon Energy

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Chevron believes the future of energy is lower carbon. That’s why Chevron has committed $3 billion by 2028 to advance our energy transition strategy. Chevron is lowering carbon intensity, increasing renewables and offsets in support of their business and investing in low-carbon technologies.

Powering Human Progress: Chevron's 2020 Corporate Sustainability Report

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Progress requires action.

In our 2020 Corporate Sustainability Report read about the actions we’re taking to help achieve our environmental, social and governance goals.

Download Chevron's 2020 Sustainability Report

In Stunning Vote, Shareholders Elect Two New Directors Put Forth by Shareholders at ExxonMobil, Seeking Climate Expertise and Action

Chevron shareholders reach majority vote for a proposal calling for Scope 3 emissions reduction targets
Press Release

In a dramatic shake up signaling an accelerating transition away from a fossil fuel economy, a majority of ExxonMobil shareholders voted to replace two of the oil major’s board of directors with an alternative slate of candidates experienced in clean energy and energy transitions. 

Two directors were elected from the slate nominated by climate activist shareholder Engine No. 1: Gregory Goff, former CEO of Andeavor oil refining company and Kaisa Hietala, former executive vice president of renewable products at Neste. 

Report: Chevron is Advancing a Lower Carbon Future

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At Chevron, we believe the future of energy is lower carbon and we support the global net-zero ambitions of the Paris Agreement.

Affordable, reliable, ever-cleaner energy is essential to achieving a more prosperous and sustainable world. In this report, we outline our governance, risk management, strategy, portfolio, actions, and metrics.

higher returns, lower carbon

Highlighting Chevron's Role in Advancing a Lower Carbon Future

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The future is lower carbon and we have a vital role to play.

Additional oil and gas supply will be needed to meet rising energy demand over the next 20 years— including in scenarios aligned with the Paris Agreement and UN Sustainable Development Goals. 

The International Energy Agency’s (IEA’s) Sustainable Development Scenario (SDS) projects that oil and gas will make up nearly half of global energy supply in 2040.

Chevron Reinforces Plan to Deliver Higher Returns, Lower Carbon

Summary: 
  • Targets more than doubling return on capital employed by 2025
  • Expects free cash flow to grow more than 10% per year by 2025
  • Targets 35% carbon intensity reduction by 2028
  • Released third TCFD-aligned climate report outlining plan to deliver long-term value in a lower carbon future
Press Release
  • Targets more than doubling return on capital employed by 2025
  • Expects free cash flow to grow more than 10% per year by 2025
  • Targets 35% carbon intensity reduction by 2028
  • Released third TCFD-aligned climate report outlining plan to deliver long-term value in a lower carbon future

Chevron is Advancing A Lower-Carbon Future

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See Chevron’s perspective and actions to advance a lower-carbon future. These actions will make energy and global supply chains more sustainable – helping industries and customers that use our products build the lower-carbon world we all desire.

About Chevron

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