Opinion | Shareholders Stand Up for Revenue and Towards ESG at Chevron

I despatched a letter to Chevron’s board of administrators Tuesday questioning its current choices to embrace insurance policies that my agency, Try Asset Administration, believes are dangerous to its enterprise pursuits.

In 2021 a Dutch local weather nonprofit referred to as Comply with This submitted a shareholder decision demanding that Chevron scale back “Scope 3 emissions.” The Environmental Safety Company’s web site defines Scope 3 emissions as these which are “the results of actions from belongings not owned or managed by the reporting group, however that the group not directly impacts in its worth chain,” together with worker commuting, leased belongings and downstream use of merchandise by clients.