Invested $160 million in community initiatives around the world Posted record safety performance Completed major energy efficiency projects and reduced GHG emissions
SAN RAMON, Calif.--(BUSINESS WIRE)--May. 6, 2009--
Chevron Corporation (NYSE: CVX) invested $160 million in communities
around the world, posted record safety performance and completed major
energy efficiency projects, according to the company's 2008 Corporate
Responsibility Report, which was issued today.
“Energy is the foundation of global growth and prosperity," said Dave
O'Reilly, Chevron chairman and CEO. “But Chevron does much more than
provide energy. Our partnerships touch millions of lives and set the
stage for human advancement by addressing basic human needs, education
and economic development."
Chevron's seventh annual corporate responsibility report provides
descriptions, data and perspectives on key areas such as community
engagement, health and safety, energy efficiency, renewable and
alternative energy, and environmental performance for 2008. Highlights
include:
Community Engagement
Through building partnerships that produce sustainable results, Chevron
invested $160 million in communities around the world in 2008, an
increase of $41 million over 2007. These investments help improve access
to basic human needs, enable education and training opportunities, and
promote sustainable livelihoods.
Chevron is the first Corporate Champion of The Global Fund to Fight
AIDS, Tuberculosis and Malaria. In 2008, Chevron provided the initial $5
million investment of a $30 million commitment for Global Fund grants in
Indonesia, Thailand, Angola, South Africa, Nigeria and the Philippines.
Chevron also responded to natural disasters in Myanmar, China, the
Caribbean, and on the U.S. Gulf Coast to help meet the needs of those
affected. Chevron’s longer-term post-disaster response projects reached
milestones in 2008 with the opening of a polytechnic institute in Aceh,
Indonesia, and the final evaluation of Chevron’s Energy For Learning™
program in Louisiana and Mississippi.
Health and Safety
For the seventh consecutive year, Chevron has improved its safety
performance.
In 2008, Chevron provided HIV/AIDS awareness and prevention training to
more than 4,500 employees around the world and hosted AIDS Day events at
more than 25 Chevron facilities in 11 countries.
Energy Efficiency and Climate Change
In 2008, Chevron reduced its greenhouse gas (GHG) emissions by 800,000
metric tons of CO2 equivalent. Chevron is committed to energy
efficiency and has increased the energy efficiency of its global
operations by 28 percent since 1992.
Chevron Energy Solutions (CES), a corporate subsidiary, was recently
listed in Fast Company’s “World’s Most Innovative Companies.” CES
completed efficiency and solar projects for schools, the U.S. federal
government, and Chevron. In December 2008, CES was awarded a master
Energy Saving Performance Contract from the U.S. Department of Energy to
work with federal agencies to reduce energy and water consumption and
increase the use of renewable energy at agency facilities. This
Indefinite Delivery/Indefinite Quantity contract provides a significant
opportunity for CES to expand its efficiency work with federal agencies
in 2009 and into the future.
In late 2008, Chevron launched “I Will,” a new phase of its Human
Energy™ campaign in the United States. It encourages Americans to
conserve energy and use it more efficiently. Willyoujoinus.com
has drawn more than 3.7 million visitors since it was launched in July
2005, and more than 1.3 million of them since the "I Will" campaign was
launched.
Renewable and Alternative Energy
Through a joint venture with Weyerhaeuser Co., one of the nation’s
largest forest products companies, Chevron formed Catchlight Energy LLC
to develop the next generation of renewable transportation fuels from
nonfood sources. The joint venture is a research and development
partnership to transform cellulosic biomass into biofuels. Cellulosic
biomass is made from renewable sources of forest and agricultural
residuals instead of food crops.
In May 2008, Chevron completed its first LEED (Leadership in Energy and
Environmental Design) Gold-certified green building project in
Covington, Louisiana. LEED is a certification program of the U.S. Green
Building Council and is the recognized standard for measuring the
sustainability of buildings, taking into account energy and water use,
the procurement of recycled material in construction, waste
minimization, and other elements.
Stakeholder Engagement
Chevron's Environmental, Social and Health Impact Assessment (ESHIA)
process identifies, analyzes and develops measures that enhance benefits
and avoid or mitigate environmental, social and health impacts of new
capital projects. By the end of 2008, ESHIA was being applied to more
than 450 capital projects worldwide. A goal of ESHIA is to establish and
maintain dialogue with stakeholders throughout the lifetime of a project
and solicit their views and ideas to improve benefits and avoid or
mitigate potential adverse impacts, and to consider potential
environmental, social and health effects and stakeholder input in the
company’s assessments and planning.
The full 2008 Corporate Responsibility Report is available at www.chevron.com/corporateresponsibility.
Source: Chevron Corporation
Chevron Corporation
Morgan Crinklaw, +1-925-842-5649
