Seems to me there must be a higher level of scrutiny borne by any company in the energy or automotive sector when it comes to producing corporate sustainability reports. So, here I am, poring over Chevron's eighth annual report on such topics, "The Value of Partnership."
Given what is going on with the oil spill in the Gulf Goast, I'm always curious to see how energy companies that make their living in oil and natural gas are investing in renewable energy technologies, so I skipped right ahead to that part of the report. Turns out the company is pretty active in the following:
Clearly, Chevron isn't going to ditch more than 130 years of experience in fossil fuels very quickly. Another project that might be of interest is a $37 billion natural gas project in Gorgon, off northwest Australia -- which the company's describes as the largest energy project in its history. What's interesting about the project is that Chevron has committed to carbon dioxide capture and reinjection methods at the site.
From a corporate standpoint, the company reduced its greenhouse gas emissions by 2.2 million metric tones. Its total emissions for the year were 57.4 million metric tons, better than its goal of 60.5 million metric tons.
The cynical among SmartPlanet readers will rails against the idea of an energy company taking action on the environment. You have to start somewhere, and it seems to me Chevron is acting sincerely and (more) sustainably.
This post was originally published on Smartplanet.com