Chevron Corporation

Noble Energy

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

Chevron vets vendors according to LGBTQ policies and does not provide its employees with protections against viewpoint discrimination, but has not publicly terminated business relationships based on views or beliefs. The company covers the cost of "medically necessary transition-related care” for its employees and their children. Chevron pledged $15 million to BLM and related causes. Additionally, the company funds Planned Parenthood, the Human Rights Campaign (HRC), and multiple LGBT organizations. Chevron is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism. For these reasons, Chevron receives a "Medium Risk" rating.

Risk Level
Corporate Weaponization

Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level

Chevron has not publicly terminated business relationships due to religious beliefs or political views. The company received a score of 100 on the Corporate Equality Index from the HRC. Among other requirements, this means Chevron has pledged to vet vendors based on LGBTQ policies (1).


Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level

Chevron permits donations to religious organizations as long as the recipient program is “open to all individuals in the community regardless of religious belief; (b) serve a secular purpose, such as a food pantry or a homeless shelter; and (c) do not require participants to join in religious worship as a condition of receiving the services that the nonprofit offers” (1).


Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level

Chevron does not protect its employees from viewpoint discrimination (1).

Corporate Governance and Public Policy

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level

Chevron has a perfect score on the HRC’s 2022 Corporate Equality Index. This score indicates the company covers the cost of “medically necessary transition-related care” for its employees and their children (1)(2). Chevron signed an open letter in support of the Equality Act (3). Chevron CEO Mike Wirth is a member of the Business Roundtable and signed its 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism over traditional obligations to shareholders and customers (4)(5).


Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level

Chevron is a Silver Corporate Partner of the HRC (1). Chevron also enables donations to Planned Parenthood through charitable gift matching (2). Chevron has pledged $15 million to the Black Lives Matter movement and related causes (3)(4). Chevron is a copper sponsor of Out & Equal and a corporate partner of the National LGBT Chamber of Commerce (5)(6).


Uses corporate political contributions for ideological, non-business purposes.

Risk Level

Chevron does not use its PAC donations for ideological purposes (1)(2).

All links were last accessed and all information was updated on:
July 1, 2023

Company reports are intended for educational use only. Full Disclaimer

Voting History

ESG Category
Summary of ResolutionMgmt RecTotal Vote % in Favor
5/31/23GovernanceNewground Social InvestmentAdopt a Policy Requiring Chairman to be an Independent MemberAgainst19.90%
5/31/23EnvironmentalUnited SteelworkersReport on Worker and Community Impact from Facility Closures and Energy TransitionsAgainst18.60%
5/31/23EnvironmentalAs You SowDisclose a Recalculated Emissions BaselineAgainst18.30%
5/31/23GovernanceOxfam AmericaReport on Tax PracticesAgainst14.60%
5/31/23SocialAmerican Baptist Home Mission SocietyReport on Racial Equity AuditAgainst9.80%
5/31/23EnvironmentalFollow ThisAdopt Goals/Reduce Scope 3 GHG EmissionsAgainst9.60%
5/31/23EnvironmentalDavid BahnsenEstablish Board on Decarbonization RiskAgainst1.60%
5/31/23EnvironmentalSteven MilloyRescind 2021 Proposal to Reduce Scope 3 EmissionsAgainst1.30%
5/25/22EnvironmentalHermes Equity Ownership Services Ltd.Report on Reliability of Methane Emission DisclosuresFor98.00%
5/25/22SocialInvestor Advocates for Social JusticeRacial Equity AuditAgainst47.50%
5/25/22EnvironmentalAs You SowReport on Impacts of Net-zero 2050 ScenarioAgainst38.70%
5/25/22EnvironmentalFollow ThisAdopt Medium- & Long-term GHG Reduction TargetsAgainst32.60%
5/25/22GovernanceNewground Social InvestmentSpecial Meetings - Reduce Ownership Req. to 10%Against27.40%
5/25/22SocialUnitarian Universalist Assoc.Report on Adopting Policy of Not Doing Business with Governmentsts Complicit in GenocideAgainst12.40%

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