Chevron

Chevron Corporation is a multi-national energy corporation with headquarters in San Ramon, California. Chevron is engaged in every aspect of the oil, gas and geothermal energy industries. This includes exploration and production; refining, marketing and transport; chemicals manufacturing and sales and power generation. The company is active in more than 180 countries.
Supporter since 2007

Statement of support

We believe that disclosure of revenues received by governments and payments made by extractive industry companies to governments could lead to improved governance in resource-rich countries. The transparent and accurate accounting of these funds contributes to stable, long-term investment climates, economic growth and the well-being of communities. Our commitment to promoting revenue transparency is reflected in our participation as a stakeholder in the voluntary, multinational, government-led Extractive Industries Transparency Initiative (EITI), of which Chevron is the longest continually serving member of the international EITI Board.

Engagement with the EITI 

Chevron is confident that the EITI's multi-stakeholder approach, which ensures the full representation of governments, extractive industry companies and civil society, is the best approach for providing transparency in company payments and government revenues in resource-rich countries. 

Chevron is part of the multi-stakeholder groups in Norway, the Philippines and the Republic of Congo. The company has also been a member of multi-stakeholder groups in several countries implementing the EITI Standard and it encourages countries where it operates to join the EITI. Chevron is one of the longest continuous serving members of the international EITI Board and is currently a member of the international EITI Board 2019-2021.

The company has provided financial support for global conferences and other EITI related activities. For instance, in October 2014 in Myanmar, the company conducted a joint training session for civil society representatives from Southeast Asia on the basics of the oil and gas industry.

Strengthening Transparency

Chevron’s sustainability reporting focusses on environmental, social and governance (ESG) issues that are important to its business and stakeholders. Chevron currently discloses data on a number of issues recommended in the Sustainability Accounting Standards Board (SASB) for oil and gas exploration and production, midstream and refining and marketing standards. 

To read bout Chevron’s sustainability approach please visit Chevron's website

Link to the statement of support on Chevron's Corporate responsibility report 2013 p.15  

EITI Board member

Mr Stuart BROOKS

Manager, International Relations, Chevron