Chevron CEO Wirth to Investors: Higher Returns, Lower Carbon

The CEO discusses the company's commitment to the Paris Agreement and its efforts to reduce emissions while balancing shareholder returns. The company integrates emission reduction targets into its compensation system and emphasizes near-term actions over long-term pledges. Investor expectations have shifted towards sustainability, requiring a balance between environmental and financial goals. The CEO highlights the importance of diverse strategies and global collaboration in addressing climate change.

What is the company's approach to reducing greenhouse gas emissions?

• Making long-term pledges

• Taking immediate actions

• Ignoring industry standards

• Focusing solely on shareholder returns

How does the company integrate emission reduction targets into its operations?

• By setting long-term goals

• By reducing employee salaries

• Through a bonus program linked to targets

• By ignoring compensation systems

What is the primary concern of investors regarding the company's operations?

• Maximizing short-term profits

• Reducing operational costs

• Balancing environmental and shareholder interests

• Focusing only on renewable energy

Why is it important for companies to have a balanced approach to sustainability?

• To increase short-term profits

• To reduce employee workload

• To ensure long-term sustainability

• To avoid regulatory fines

What is the CEO's view on the global approach to addressing climate change?

• It should focus only on technology

• It is not a significant issue

• It requires diverse strategies and collaboration

• It should be solved by one company