Chevron Fact Sheet | Climate Accountability Scorecard (2016) | Union of Concerned Scientists
Summary
The Union of Concerned Scientists evaluated Chevron on 30 metrics, finding the company's performance ranged from 'fair' to 'egregious'. While Chevron provides detailed analysis of regulatory risks and maintains transparent political spending policies, it is criticized for its affiliations with trade associations that spread climate disinformation, its opposition to climate-related shareholder resolutions, and a lack of specific company-wide targets for emissions reductions aligned with the Paris Agreement.
Key insights
- Chevron is affiliated with several industry groups that spread climate disinformation and has not distanced itself from their positions. This includes membership in the American Legislative Exchange Council’s (ALEC’s) Energy, Environment and Agriculture Task Force, the American Petroleum Institute (API), and the Western States Petroleum Association (WSPA).
- The company actively opposed climate-related shareholder initiatives in 2015 and 2016, specifically those requesting two-degree policy planning and the return of capital due to climate risks.
- Chevron's planning for a carbon-free world is rated 'poor' due to a lack of support for global temperature goals, the absence of a public commitment to measure and reduce supply chain carbon emissions, and a failure to provide an annual breakdown of low-carbon technology investments.
- The company demonstrates 'advanced' and 'good' practices regarding the transparency and oversight of its corporate political spending, including a dedicated disclosure webpage and a policy requiring senior manager authority over spending.
- Chevron provides detailed disclosures on regulatory risks and financial impacts of climate laws, but its disclosure of physical risks is limited as it does not explicitly link those risks to climate change.
Cite the original document
- APA
- Union of Concerned Scientists (n.d.). Chevron Fact Sheet | Climate Accountability Scorecard (2016) | Union of Concerned Scientists. https://www.ucs.org/sites/default/files/attach/2016/10/climate-accountability-scorecard-chevron-fact-sheet.pdf
- Chicago
- Union of Concerned Scientists. Chevron Fact Sheet | Climate Accountability Scorecard (2016) | Union of Concerned Scientists. n.d. https://www.ucs.org/sites/default/files/attach/2016/10/climate-accountability-scorecard-chevron-fact-sheet.pdf.
- Wikipedia
- {{cite report |author=Union of Concerned Scientists |title=Chevron Fact Sheet | Climate Accountability Scorecard (2016) | Union of Concerned Scientists |url=https://www.ucs.org/sites/default/files/attach/2016/10/climate-accountability-scorecard-chevron-fact-sheet.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{unionofconcernedscientistsndchevron, author = {{Union of Concerned Scientists}}, title = {{Chevron Fact Sheet | Climate Accountability Scorecard (2016) | Union of Concerned Scientists}}, institution = {Union of Concerned Scientists}, url = {https://www.ucs.org/sites/default/files/attach/2016/10/climate-accountability-scorecard-chevron-fact-sheet.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
Full text
Collected · Record updated