Chevron
Visit at https://www.chevron.com
Chevron
Chevron Corporation is an American multinational energy corporation specializing in oil and gas. It is involved in hydrocarbon exploration, production, refining, marketing, and transport, as well as chemicals manufacturing and sales.
Positive signals
Chevron is included in major ESG ratings and indices, such as those from S&P Global and Sustainalytics, indicating ongoing third-party monitoring and assessment of its ESG risks and opportunities.
Chevron’s ESG Risk Rating from Sustainalytics as of April 2025 reflects ongoing management of material ESG risks, with a focus on exposure to industry-specific issues and how well the company is addressing them.
Chevron has committed to achieving net-zero emissions by 2050 and is investing in renewable energy sources such as biofuels and hydrogen, reflecting a strategic shift toward carbon reduction and sustainable energy initiatives.
Chevron is actively investing in sustainable energy and working toward carbon reduction initiatives, which has been recognized in its ESG ratings, though its overall score remains influenced by its core oil and gas operations.
Concerns
Chevron faces ongoing scrutiny over governance practices and worker safety issues, which have been highlighted as material ESG risks by third-party ESG rating agencies.
MEDIUM
Source →Chevron’s ESG score remains average among integrated oil & gas companies, reflecting persistent challenges in managing environmental and social risks relative to industry peers.
MEDIUM
Source →Despite investments in renewables, Chevron’s heavy dependence on fossil fuels continues to draw criticism from environmental advocates, and its operations remain a significant contributor to global carbon emissions.
HIGH
Source →Chevron’s highest controversy level in the past three years, as tracked by Sustainalytics, indicates the company has faced significant ESG-related controversies, impacting its risk rating and reputation.
HIGH
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