Chevron

Last edited by Ian Elwood on May 2, 2008 - 12:50pm
Company Snapshot: 

Chevron is the world's fifth largest global energy company and engages in oil exploration and production; refining, marketing and transport; chemicals manufacturing and sales; and power generation. The company is implicated in corruption regarding the "Food for Oil" program in Iraq, agreeing to over 25 Million USD in fines. Many of Chevron's plants release toxic chemicals including dioxin causing harm to local populations and wildlife, and the company has racked up fines globally for numerous toxic releases.

Global Fortune 500 position: 
7
Ownership status: 
Publicly traded
Number of employees worldwide: 
62,000
Chief executive officer: 
David J. O'Reilly
Tel: 
925-842-1000
Corporate accountability
Accountability overview: 

In 1998 Chevron CEO Kenneth Derr, said, "Iraq possesses huge reserves of oil and gas - reserves I'd love Chevron to have access to." Former Chevron Director, Condoleezza Rice, now serves as National Security Advisor for the United States.

Environment and product safety: 

Over the span of around 30 years starting (accounts vary) between 1965 and 1972, Texaco extracted more than 1.5 billion barrels of oil from the Ecuadorian Amazon and dumped 18.5 billion gallons of toxic waste into the rainforest, contaminating streams, soil and estuaries, according to a complaint filed by five indigenous groups and 80 communities in the Ecuadorian Superior Court lawsuit Aguinda v. ChevronTexaco. Because of the disaster childhood leukemia rates are four times higher and young children routinely die of lukemia.

Chevron owns a 28 percent stake of the pipeline in Burma called the "Yadana project" which is the largest source of income for the Burmese government, at $969 million a year in 2008. Total is also part owner of the project that was grandfathered in, before sanctions prevented similar project from being contracted to foreign companies.

Human rights: 

The company has been accused by many organizations of "environmental racism" because it's owns facilities that pollute regions with a high concentration of African American, Southeast Asian and Latino communities.

Location(s)

HQ
6001 Bollinger Canyon Rd.
San Ramon, CA, 94583
United States
See map: Google Maps