![]() ![]() Direct GHG emissions related to production of energy in the form of electricity or steam exported or sold to a third party are included in the reported Scope 1 emissions to align with Ipieca’s Sustainability Reporting Guidance for the Oil & Gas Industry (2020). For reporting, Chevron may include indirect sources of GHG emissions within Scope 1 that are outside of the traditional Scope 1 definition such as GHG emissions from processes like drilling and completions, and tolling agreements up to the point of third-party custody transfer of the oil or gas product. Data include estimates.Ħ Scope 1 includes direct emissions. See endnote 22 for more information on offsets.ĥ Unless otherwise noted, Scope 1 and Scope 2 data collected as of February 9, 2023. Variability in Enabled Reductions may occur due to Chevron’s current practice of reporting offsets in the calendar year in which they were retired. Numbers in table may not sum due to rounding.ġ See Equations, Portfolio Carbon Intensity, pages 75–76.Ģ See Equations, Upstream Carbon Intensity, pages 77.ģ See Equations, Refining Carbon Intensity, page 78.Ĥ See Equations, Enabled Reductions, page 78. See Forward-Looking Statements Warning on page 59 of the 2022 Corporate Sustainability Report. Performance data are not a guarantee of future performance nor intended to be a demonstration of linear progress against aspirations, targets or objectives. Variations year-on-year or across multiple years of performance data may result from a variety of causes such as methodology updates, portfolio changes, economic conditions, and business performance and initiatives. All restatements are restated against the May 2022 release of the Corporate Sustainability Report (2021). ![]() Inclusion of SAPZ data within the operational data is a reflection of alignment to OE reporting and not reflective of the underlying legal structure or governance practices. Tengizchevroil LLP is a separate legal entity operated under the direction of a partnership council that Chevron does not control. Although Chevron has traditionally included Tengizchevroil LLP data as if operated in this report, Chevron does not own a controlling interest in, does not operate and does not have the authority to force implementation of Chevron management systems within Tengizchevroil LLP. Operated GHG emissions, environmental performance, and workforce health and safety tables include data from Tengizchevroil LLP and the Partitioned Zone between Saudi Arabia and Kuwait (SAPZ). are included in this section unless otherwise noted. All data are reported on an operated basis unless otherwise noted. Unless otherwise noted, this section reflects 2022 data collected as of April 11, 2023. The tool is subject to Chevron's website terms of use. Data reflects metrics as currently reported in our 2022 Corporate Sustainability Report.Ĭlick here to download our Portfolio Carbon Intensity Calculator, a spreadsheet that calculates the Portfolio Carbon Intensity of marketed energy products and greenhouse gas removals for energy companies. We consider reporting guidelines, indicators and terminology in the frameworks of Sustainability Accounting Standards Board (SASB), Task Force for Climate-related Financial Disclosures (TCFD), the Sustainability Reporting Guidance for the Oil & Gas Industry (2020) by Ipieca, the International Association of Oil and Gas Producers (IOGP) and the American Petroleum Institute (API), as well as other reporting frameworks, to determine which data to include in our tables. ![]() Chevron is working with peers, stakeholders and voluntary framework developers to foster increasingly consistent and comparable information for investors and other stakeholders. ![]()
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