Chevron Corporation

NYSE: CVX15Greenwashing / Harmful· Provisional

0 followersOil & gas·San Ramon, CA, United States·Founded 1879

American integrated supermajor and the second-largest US oil company, with operations spanning extraction, refining, and petrochemicals and no material near-term transition from fossil fuels.

15/100

Greenwashing / Harmful· Provisional

ClimateTicker Green Score · how it's calculated

Greenwashing risk: highData confidence: high

Why it's on ClimateTicker

Chevron is an integrated fossil-fuel supermajor whose core business is the extraction, refining, and sale of oil and gas — activities that are net-additive to atmospheric GHG emissions at massive scale. The company has published a 2050 net-zero 'aspiration' for upstream Scope 1 and 2 emissions only, but this target is unvalidated by SBTi, explicitly conditional on external technology and policy developments, and covers none of its massive Scope 3 (product combustion) emissions. Investors should treat Chevron's climate marketing with extreme skepticism: it faces active greenwashing litigation, has quietly dropped forward guidance on its lower-carbon capital spend, and its lobbying record is deeply obstructionist.

harmfulChevron earns revenue primarily from upstream oil and gas exploration and production, downstream refining and marketing of transportation fuels and lubricants, and petrochemicals manufacturing; it is structurally dependent on continued fossil-fuel demand.

Commitments & Certifications

CDP: Responding (score not confirmed in search results) ↗other: Aligned (self-reported) ↗SBTi: Not validated ↗

Controversy & Greenwashing Watch

mediumLower-Carbon Capex Guidance Withdrawn

Chevron stopped providing forward guidance on its previously announced lower-carbon capital spend through 2028, citing 'evolving market conditions' — a signal of strategic retreat from its own climate commitments.source ↗

mediumTexas Clean Air Act Violations — Pasadena Refinery Fire

Chevron subsidiary Pasadena Refining System paid a $1 million civil penalty plus costs after a 2022 refinery fire triggered Texas Clean Air Act violations.source ↗

mediumEPA Civil Penalty — $7.5 Million

Chevron paid a $7.5 million EPA civil penalty in April 2024 for environmental regulatory violations.source ↗

highCalifornia AG Climate Deception Lawsuit

California Attorney General sued Chevron (alongside BP, ExxonMobil, Shell, Phillips 66, and API) alleging a decades-long campaign of public deception about fossil fuels and climate change, seeking disgorgement of profits.source ↗

highMulti-Jurisdiction Climate Damage Litigation

Chevron is named as a defendant in lawsuits brought by numerous US cities, states, counties, Puerto Rico, and Native American tribes alleging public nuisance, fraud, and conspiracy related to climate change harms.source ↗

highObstructive Climate Lobbying — InfluenceMap 'E+' Grade

InfluenceMap rated Chevron 'E+' for obstructive climate policy engagement, citing opposition to cap-and-trade, methane rules, EV mandates, and Renewable Fuel Standard programs across multiple jurisdictions.source ↗

highClimate Action 100+ — Fails All Target Disclosure Criteria

The CA100+ Net Zero Company Benchmark found Chevron meets none of its target-disclosure criteria and fails to align capital allocation with Paris Agreement goals.source ↗

highFTC Green Guides Complaint — Deceptive 'Clean Energy' Advertising

Earthworks, Global Witness, and Greenpeace USA filed an FTC complaint alleging Chevron deceptively advertised 'ever-cleaner' or 'clean' energy while spending less than 0.2% of capex on renewables.source ↗

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