shareholder proposal · 2022

As You Sow at Chevron

Provide an audited report on how applying the assumptions of the IEA's Net Zero by 2050 pathway would affect the assumptions and estimates underlying the company's financial statements, including long-term commodity and carbon prices, remaining asset lives, existing and future asset retirement obligations, capital expenditures and asset valuations.

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What happened

Result: 38.7 percent in favor at the May 25, 2022 annual meeting: 536,473,054 for, 851,102,680 against, 17,046,222 abstentions and 255,146,992 broker non-votes. It was item 6 on the proxy card.

39% of Chevron Shareholders Seek Full Accounting of Climate Risk, As You Sow, 2022-05

Who is involved

What this campaign is about