MASHINIi

Chevron Corp.

CVX.US | Extraction of crude petroleum

Chevron Corporation is an American multinational energy corporation. It is engaged in the exploration, production, and transportation of crude oil and natural gas; refining, marketing, and distribution of fuels and lubricants; manufacturing and sales of petrochemicals and additives; and power genera...Show More

Ethical Profile

Mixed.

Chevron's ethical profile is mixed, marked by significant environmental and labor controversies. The company faced a $744.6 million order for coastal damage in Louisiana and a $13 million settlement for California oil spills. Refineries in Baytown and Richmond linked to air pollution and health issues. Past worker misclassification settlements reached $3.2 million. Chevron's 2024 withdrawal from the Extractive Industries Transparency Initiative raised transparency concerns, and faces human rights abuse allegations. Positively, Chevron invested $35 million in the Richmond Promise Scholarship Fund and launched a $500 million fund for climate-friendly technologies, aiming to capture 25 million metric tonnes of CO₂ annually by 2030.

Value Scores

Better Health for All-70
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing-50
-100100
Honest & Fair Business-40
-100100
Kind to Animals-40
-100100
No War, No Weapons-30
-100100
Planet-Friendly Business-50
-100100
Respect for Cultures & Communities-20
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products-30
-100100

Better Health for All

-70

Chevron's core business in oil, gas, and petrochemicals is linked to severe, widespread health damage. Its operations have caused significant environmental degradation, including a $744.6 million order for restoration in Louisiana due to wetlands loss with severe health consequences

1
. The Chevron Phillips Chemical Baytown plant is a major source of air pollution, emitting harmful compounds linked to respiratory irritation and cancer, disproportionately affecting low-income communities of color
2
. The Richmond refinery is linked to higher rates of cardiovascular disease, cancer, and asthma in its surrounding community, which predominantly consists of people of color, and a 2012 explosion led to 15,000 people requiring medical treatment for respiratory issues
3
. Between 2018 and 2023, oil spills in Kern County released over 446,600 gallons of oil, creating hazardous conditions affecting local health
4
. In 2021, Chevron settled for hazardous waste violations at its Montebello facility
5
. While the company has an Environmental Risk Management Process
6
, these incidents demonstrate major health-harming externalities and significant community health impacts.

Fair Money & Economic Opportunity

0

Chevron Corporation is an energy company and does not offer consumer lending or deposit services, nor does it provide debt products or operate financial service access points. Consequently, most KPIs related to financial products, pricing, fees, data accessibility, and debt burden are not applicable. Despite not being a financial institution, Chevron has made significant social investments aimed at economic opportunity. In 2020, it committed $15 million to support the Black community through education, job creation, and community partnerships

1
. The Chevron Humankind program contributed $33.5 million to nonprofits in 2023 for community support
2
. The company also invested $35 million in the Richmond Promise Scholarship Fund, which has supported over 3,300 students since 2016 by covering educational expenses
3
. Additionally, $2.95 million was raised in May 2023 for partners focused on diversity, inclusion, and community support
4
. Chevron also implements a Supplier Diversity/Small Business strategy to create opportunities for diverse businesses
5
. However, in May 2023, investors critiqued Chevron's Racial Equity Audit, citing a lack of community stakeholder inclusion and concerns over environmental racism and discrimination
6
.

Fair Pay & Worker Respect

0

The provided articles do not contain specific, quantifiable data points that directly map to the defined Key Performance Indicators (KPIs) in the rubric for 'Fair Pay & Worker Respect'. For instance, while safety enhancements are mentioned, no specific safety incident rates (TRIR) are provided. Similarly, details on labor law violations are present, but they fall outside the 'past three years' timeframe specified by the KPI. There is no evidence regarding living wage coverage, CEO to median pay ratio, collective bargaining share, pay equity ratio, worker engagement scores, employee turnover rates, insecure contract share, or health insurance coverage percentages.

Fair Trade & Ethical Sourcing

-50

In 2023, an analysis found that 65% of lawsuits against Chevron Corporation involved severe human rights abuses, including forced labor.

1
No other specific, quantifiable data points were found in the provided articles to assess Chevron Corp against the remaining defined KPIs for Fair Trade & Ethical Sourcing, such as percentages of fair-trade certified spend, audit frequencies, traceability coverage, remediation speeds, ethical clause coverage, share of high-risk materials, or specific percentages of procurement budget directed to diverse suppliers.

Honest & Fair Business

-40

Chevron was ordered to pay $744.6 million for environmental violations in Louisiana in April 2025

1
and agreed to a $13 million settlement for oil spills in California in March 2024
2
. In September 2024, the company withdrew from the Extractive Industries Transparency Initiative (EITI).
3
Environmental groups filed a complaint with the FTC in March 2021, accusing Chevron of deceptive advertising (greenwashing) by claiming environmental commitments while only 0.2% of expenditures went to low-carbon initiatives between 2010 and 2018
4
. A shareholder resolution in January 2025 requested an independent third-party report on the effectiveness of Chevron's Human Rights Policy implementation, citing concerns over alleged human rights abuses and environmental damages.
5
The company has a Business Conduct and Ethics Code outlining commitments to integrity, compliance, avoiding conflicts of interest, and prohibiting bribery, encouraging employees to report violations.
6
Chevron also continues to contest a $9.5 billion judgment from 2011 for environmental contamination in the Ecuadorian Amazon.
7

Kind to Animals

-40

Chevron was ordered to pay $744.6 million for extensive habitat destruction, including lost wetlands, in Louisiana due to historic activities.

1
Between 2018 and 2023, the company was responsible for multiple oil spills in California that negatively affected local wildlife habitats, resulting in a $13.1 million settlement.
2
A 2010 oil spill in Utah also contaminated water sources and threatened local wildlife habitats.
3
Chevron has pledged $1.3 million to the Houston Zoo for conservation efforts
4
, committed $500,000 to wetland restoration in Louisiana
5
, and supports the Pecos Watershed Conservation Initiative
6
. However, these conservation initiatives do not provide documented measurable outcomes for species recovery or biodiversity increase.

No War, No Weapons

-30

Chevron had a longstanding partnership with Myanmar Oil and Gas Enterprise (MOGE), a state-owned company connected to the Myanmar military

1
, which financed a military dictatorship. Billions of dollars in MOGE revenues were misappropriated by the junta since the February 2021 coup
2
. The EU sanctioned MOGE in early 2022
3
, and the US announced partial sanctions in October 2023
4
. Chevron lobbied against sanctions that might disrupt its operations in Myanmar
5
. Although Chevron exited the Yadana gas project
6
, payouts to the junta are expected to continue, with tens of millions of dollars in gas revenues misappropriated each month
7
. The Yadana shareholders also agreed to redirect payments to new bank accounts and approved a currency change from U.S. dollars to Thai baht
8
. Additionally, in 2023, approximately 0.083% of Chevron's $196.9 billion revenue was derived from defense-adjacent services
9
, including a $12.65 million contract to supply Jet A fuel to the U.S. military
10
and $151 million from energy projects for military logistics
11
.

Planet-Friendly Business

-50

Chevron has a history of significant environmental compliance issues. The company was ordered to pay $744.6 million for damaging Louisiana's coastal wetlands, covering land loss, contamination, and abandoned equipment

1
. In California, Chevron agreed to a $13.1 million settlement for multiple oil spills in Kern County, including one major spill and over 70 smaller spills in 2019
2
. Additionally, Chevron paid a $132,676 civil penalty for hazardous waste violations at its Montebello facility
3
.

Respect for Cultures & Communities

-20

Chevron has faced significant challenges and opposition from indigenous communities. In the Philippines, indigenous women halted a geothermal project in Kalinga Province due to concerns over land rights and cultural integrity.

1
Indigenous communities in the Cordillera region also opposed Chevron's geothermal projects, alleging violations of ancestral land rights, environmental degradation, and human rights abuses related to protest suppression.
2
In 2011, an Ecuadorian court ordered Chevron to pay nearly $10 billion to indigenous plaintiffs for environmental contamination from past oil operations that caused health issues for local communities.
3
Chevron was also accused of complicity in human rights violations in Nigeria, though a U.S. jury found it not liable in 2008.
4
On the other hand, Chevron Australia supports the Onslow Indigenous Sea Ranger Program
5
and has partnered with NAIDOC Perth since 2015 to support events celebrating Aboriginal and Torres Strait Islander cultures.
6
Chevron Canada commits to collaborating with Indigenous communities on employment, procurement, social investment, and engagement.
7
Chevron Canada has supported land-based sports programs for over 4,700 Indigenous children and youth.
8
Chevron Australia launched an Innovate Reconciliation Action Plan.
9
The company acknowledges the UN Declaration on the Rights of Indigenous Peoples and strives for free, prior, and informed consent.
10
Chevron's Community Spirit Fund has invested over $2.25 million in 400 projects since 2007, supporting health, education, environmental sustainability, and inclusivity.
11

Safe & Smart Tech

0

Chevron ensures its AI models and algorithms undergo thorough review processes, including checks for responsible AI practices, before being made available for use

1
. The company's updated U.S. Consumer Privacy Statement outlines data collection, usage, and disclosure procedures, reflecting compliance with modern standards
2
. Chevron is actively navigating evolving cybersecurity and AI regulatory requirements, particularly after the overturning of the Chevron doctrine, which introduces regulatory uncertainty
3
.

Zero Waste & Sustainable Products

-30

Chevron USA Inc. settled with the EPA in 2021 for violations of the Resource Conservation and Recovery Act (RCRA), including failure to conduct assessments and maintain certifications for hazardous waste tanks, resulting in a $132,676 civil penalty.

1
This constitutes a regulatory violation related to hazardous waste management and one waste disposal violation. The company has implemented over 10 waste reduction initiatives with measurable results, such as developing an electromotive cleaning process for 21 km of pipeline in Thailand in 2024
2
, repurposing 1.1 tonnes of post-use plastics in Argentina in 2024
3
, remediating over 100,000 tonnes of impacted soil in Rotterdam (with over 90% reused/recycled)
4
, and avoiding 7,800 tons of steel waste between 2017 and 2024 by reusing platform topsides.
5
In 2022, 69% of Renewable Energy Group's (REG) feedstock, a Chevron subsidiary, was sourced from waste and residual streams.
6
Chevron applies circular design principles, evidenced by a circular economy for biodiesel with Sheetz
7
, e-waste recycling in Brazil
8
, and the use of Marlex® Anew™ Circular Polyethylene in commercial applications by Chevron Phillips Chemical.
9
Chevron Phillips Chemical also launched the "10 to 90 Challenge," a consumer engagement effort to divert plastics from landfills.
10

Own Chevron Corp?

Upload your portfolio and see how all your holdings score across 11 ethical dimensions.

Audit My Portfolio

AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.