Chevron Corp

Oil & Gas

Company Summary

Chevron Corporation is a major player in the global energy sector, investing in sustainable energy and working toward carbon reduction initiatives. The company has committed to achieving net-zero emissions by 2050 and is investing in renewable energy sources like biofuels and hydrogen. Chevron’s ESG rating highlights its significant steps toward reducing its environmental impact, but its heavy dependence on fossil fuels has drawn criticism from environmental advocates. Despite efforts to diversify its energy portfolio, Chevron’s ESG score remains influenced by its oil and gas operations, which contribute to global emissions. Moreover, the company faces ongoing scrutiny over its governance practices and worker safety issues. For a comprehensive look at Chevron's ESG practices, refer to the latest Chevron ESG report, which balances its progress and challenges in achieving a more sustainable future.

ESG Rating Overview

Sustainalytics

Overall ESG Rating :

35.3
Rating Scale
0-10Negligible10-20Low20-30Med30-40High40+Severe
Ranking
Industry Group
Oil & Gas Producers84 out of 301
Universe
Global Universe13603 out of 15104

Overall ESG Rating :

71
Rating Scale
0-25Poor 25-50Satisfactory 50-75Good75-100Excellent
0100E55S75G90

Overall ESG Rating :

A
Rating Scale
CCCB
Laggard
BBBBBA
Average
AAAAA
Leader

Chevron is average among 24 companies in the integrated oil & gas industry.

Temperature Rise :

4℃
CLIMATE SCALE
≥ 3.85°CLagging > 2°C - < 3.85°CMisaligned ≤ 2°CAligned

News from Chevron Corp

FAQ

What is Chevron's ESG rating?

Chevron has a strong commitment to ESG factors, with a focus on carbon emission reduction and social responsibility. The company’s sustainability efforts align with its long-term goal of reducing carbon emissions.

How does Chevron perform in ESG rankings?

What are Chevron's commitments to reducing carbon emissions?