Energy & Science
Chevron Aims to Burnish Green Credential Before Investor Day
- CEO Wirth to host driller’s first ESG-focused event next week
- Company seeks to avoid Exxon-style defeat at hands of activist
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Chevron Corp. has inked eight deals in little more than two weeks to invest in hydrogen, green jet fuel and renewable natural gas ahead of a presentation to investors next week on ESG.
Amid rising shareholder pressure on climate issues, Chevron is pro-actively forging climate-friendly joint ventures with an array of startups as well as corporate giants that include Caterpillar Inc., and Alphabet Inc.’s Google.