The True Cost Of Chevron: An Alternative Report

 

CEO JOHN WATSON
opens Chevron’s 2010 Annual Repor by telling the corporation’s stockholders that “2010 was a noutstanding year or Chevron.”
1
We do not agree. We, the communities who bear the costs of Chevron’s op-erations, have witnessed a year in which Chevron’s perormancewas anything but exceptional. As we have documented in this third installment of the

:
An Alternative Annual Report
, Chevron continues its long history o ravaging natural environments, violating human rights, ignoring the longstanding decisions of Indigenous communities, destroying traditional livelihoods, and converting its dollars into unjust political influence in the United States and around the world.This report is a record of egregious corporate behavior that—in locations as diverse as California, Burma, Colombia,Ecuador, Kazakhstan, Nigeria, the Philippines and the U.S.Gulf Coast—has spanned decades and carries on today.In the year that saw the world’s largest unintentional oil spill, intensifying global concerns about the safety of the hydro-carbon industry, Chevron has failed to change its behavior.In 2010, Chevron pursued ever-riskier and ever-deeper off-shore projects in the South China Sea, the North Sea, the U.S.Gulf Coast, and the Canadian Arctic.

 

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