Chevron
Corporate Bias Rating
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Risk Level:
Summary:
Chevron Corp is High Risk. The company yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. Chevron embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach fails to safeguard free exercise, free speech, and free enterprise.
View Full Corporate Bias Ratings ReportBoard Bias
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CEO of Chevron
Michael K. Wirth
Summary:
Headquartered in San Ramon, California, Chevron is a member of the Fortune 250 operating in the Energy industry. Michael K. Wirth and Michael K. Wirth serve as CEO/President and Chairman, respectively, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $579,925 to Republican causes and $222,750 to Democratic causes. Under their tenure, Chevron currently holds a 'High Risk' risk rating.
View Full Board Bias ReportPolitical Contributions of Leadership:
$579,925
$222,750
Republican
Democrat
Shareholder Proposals
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| Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
|---|---|---|---|---|---|
| 5/31/23 | Governance | Newground Social Investment | Adopt a Policy Requiring Chairman to be an Independent Member | Against | 19.90% |
| 5/31/23 | Environmental | United Steelworkers | Report on Worker and Community Impact from Facility Closures and Energy Transitions | Against | 18.60% |
| 5/31/23 | Environmental | As You Sow | Disclose a Recalculated Emissions Baseline | Against | 18.30% |
| 5/31/23 | Governance | Oxfam America | Report on Tax Practices | Against | 14.60% |
| 5/31/23 | Social | American Baptist Home Mission Society | Report on Racial Equity Audit | Against | 9.80% |
| 5/31/23 | Environmental | Follow This | Adopt Goals/Reduce Scope 3 GHG Emissions | Against | 9.60% |
| 5/31/23 | Environmental | David Bahnsen | Establish Board on Decarbonization Risk | Against | 1.60% |
| 5/31/23 | Environmental | Steven Milloy | Rescind 2021 Proposal to Reduce Scope 3 Emissions | Against | 1.30% |
| 5/25/22 | Environmental | Hermes Equity Ownership Services Ltd. | Report on Reliability of Methane Emission Disclosures | For | 98.00% |
| 5/25/22 | Social | Investor Advocates for Social Justice | Racial Equity Audit | Against | 47.50% |
| 5/25/22 | Environmental | As You Sow | Report on Impacts of Net-zero 2050 Scenario | Against | 38.70% |
| 5/25/22 | Environmental | Follow This | Adopt Medium- & Long-term GHG Reduction Targets | Against | 32.60% |
| 5/25/22 | Governance | Newground Social Investment | Special Meetings - Reduce Ownership Req. to 10% | Against | 27.40% |
| 5/25/22 | Social | Unitarian Universalist Assoc. | Report on Adopting Policy of Not Doing Business with Governmentsts Complicit in Genocide | Against | 12.40% |
In the News
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Walmart , Amazon , Exxon Mobil , Apple , UnitedHealth Group , CVS Health , Berkshire Hathaway , Alphabet , McKesson , Chevron
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