Need Higher Returns & Lower Carbon: Chevron CEO Wirth

The video discusses the company's business priorities, focusing on reducing emissions and balancing investor expectations with sustainability goals. It highlights the increasing importance of ESG in investor discussions and the challenges posed by activist investors and legal actions. The company emphasizes its commitment to both higher returns and lower carbon emissions, detailing its strategies for achieving these goals, including renewable energy investments and shareholder engagement.

What is the company's approach to balancing energy needs with environmental concerns?

• Focusing solely on renewable energy

• Investing only in traditional energy sources

• Reducing emissions while ensuring energy availability

• Ignoring environmental concerns for profitability

How has the focus on ESG issues changed in recent years according to the company?

• It has become a primary topic in discussions

• It remains the same

• It is no longer relevant

• It has decreased significantly

What is the company's stance on legal challenges related to climate issues?

• They believe they are the best way to engage

• They fully support them

• They ignore them completely

• They see them as a distraction

What capabilities does the company believe it has to be part of the climate solution?

• No capabilities

• Technical and financial capabilities

• Only technical capabilities

• Only financial capabilities

What financial strategy has the company consistently followed?

• Focusing only on acquisitions

• Avoiding share buybacks

• Increasing dividends for 34 consecutive years

• Reducing dividends

What targets has the company set to address emissions?

• Targets only for methane emissions

• Targets to reduce emissions from upstream oil and gas

• Targets only for flaring

• No targets set

How does the company plan to balance investments in core business and energy transition?

• By focusing only on core business

• By focusing only on energy transition

• By finding a balance between both

• By ignoring both