Skip to content
Oil Change International | Data Driven, People Powered. Oil Change International | Data Driven, People Powered.
  • About
    • Our Work
    • Values
    • Team
    • Jobs at OCI
    • Ways to Give
  • Program Areas
    • Africa
    • Asia
    • North Sea
    • United States
    • Global Industry
    • Global Public Finance
    • Global Policy
  • Blog
  • Press Releases
  • Publications
Donate
  • Get Updates
    • Share on Bluesky Share on Bluesky Bluesky (opens in a new window)
    • Share on Twitter Share on Twitter Twitter (opens in a new window)
    • Share on Instagram Share on Instagram Instagram (opens in a new window)
    • Share on LinkedIn Share on LinkedIn LinkedIn (opens in a new window)
    • Share on Facebook Share on Facebook Facebook (opens in a new window)
Donate
  • About
    • Our Work
    • Values
    • Team
    • Jobs at OCI
    • Ways to Give
  • Program Areas
    • Africa
    • Asia
    • North Sea
    • United States
    • Global Industry
    • Global Public Finance
    • Global Policy
  • Blog
  • Press Releases
  • Publications
    • Get Updates
    • Share on Bluesky Bluesky
    • Share on Twitter Twitter
    • Share on Instagram Instagram
    • Share on LinkedIn LinkedIn
    • Share on Facebook Facebook
Go to OCI Homepage
Current Affairs
Published: May 27, 2015

Chevron Faces “Rock the Boat” Resolution on Climate Change

Later today, senior executives at Chevron will face a barrage of questions concerning climate change, including one whose intention is to “rock the boat.”

  • Latest from OCI
  • Blogs listing
  • Chevron Faces “Rock the Boat” Resolution on Climate Change
    • Amazon Blog Post Climate change Current Affairs Featured News protests
Andy Rowell

When not blogging for OCI, Andy is a freelance writer and journalist specializing in environmental issues.

[email protected]

DEMO03_smallLater today, senior executives at Chevron will face a barrage of questions concerning climate change, including one whose intention is to “rock the boat.”

But that is not all –  company executives will also be grilled over mounting evidence that Chevron “falsified” evidence in its bitter and long-running Ecuador pollution case.

Just days after Shell executives faced a similar grilling over climate change, Chevron will also be questioned by fund managers concerned about the oil giant’s policies on global warming.

Indeed, Resolution Seven on the AGM’s agenda, which is being promoted by As You Sow, a US shareholder group, calls on the oil company to cease investing in exploration for new reserves that are likely to be unburnable and become “stranded assets,” if we are to keep to internationally agreed carbon emission limits.

Andy Behar, chief executive of As You Sow, said: “As the world moves to cleaner energy sources to avoid catastrophic harm to the planet, it is increasingly likely that the billions of dollars of shareholder capital the oil majors are ploughing into finding and developing new reserves will be stranded.”

The resolution is backed by the Asset Owners Disclosure Project (AODP), which is encouraging its 1,200 pension fund members to back it.

Julian Poulter, chief executive of the AODP, told the Financial Times that, although the resolution has little chance of being passed, this is a “rock-the-boat moment like no other”.

Resolution Seven is not the only awkward moment the company’s Board face. Numerous indigenous leaders have also travelled to challenge the company.

One such leader, Humberto Piaguaje, from Ecuador’s Secoya indigenous tribe, plans to raise numerous issues regarding the company’s highly contentious legal case in the country. The Secoya ancestral land surrounds the Aguarico River, which was one of Texaco’s (before being taken over by Chevron) prime dumping grounds for billions of gallons of toxic produced waters.

Texaco left a highly toxic legacy in the rainforest, including 1,000 abandoned toxic waste pits and 400 well sites. Local residents have suffered high cancer rates and other oil-related health problems. For over a decade, the Secoya have been fighting Texaco – and subsequently Chevron – in a long running legal dispute.

According to media reports, Piaguaje will raise the issue of “of a new forensic report that proves Chevron’s star witness lied under oath”. The report by computer experts reportedly proves Chevron lawyers “falsified evidence to try to frame lawyers for the indigenous groups by claiming they wrote the trial court judgment when in fact it was written by the judge.”

The Ecuadorian leader will also talk about new internal Chevron videos, leaked to the campaign group, Amazonwatch, which suggest that Chevron scientists tried to “defraud” Ecuador’s courts to evade a court-mandated clean-up of widespread oil contamination in the Amazon.

Piaguaje, who heads the tribal coalition that recently won the judgment against the company after 11 years of legal proceedings in Ecuador’s courts, accused Chevron of “resorting to what appears to be the deliberate falsification of evidence” to evade paying money to the people of Ecuador.

Chevron also faces shareholder resolutions concerning the company’s appalling environmental legacy in Ecuador and questions concerning its accident-plagued Richmond refinery in California.

 

Oil Change International | Data Driven, People Powered.
Donate Get Updates
Back to the top
  • Keep in touch

  • Oil Change International
    714 G St. SE, #202
    Washington, DC 20003
    United States

    +1.202.518.9029

    [email protected]

    • Share on Bluesky Bluesky (opens in a new window)
    • Share on Twitter Twitter (opens in a new window)
    • Share on Instagram Instagram (opens in a new window)
    • Share on LinkedIn LinkedIn (opens in a new window)
    • Share on Facebook Facebook (opens in a new window)
  • Quick links

  • About OCI
  • Our Values
  • Jobs at OCI
  • Ways to Give
  • Media Centre

  • Publications
  • Press
  • Associated websites

  • Big Oil Reality Check
  • Energy Finance Database
  • Permian Climate Bomb
  • Site map
  • Privacy policy

Copyright © 2025 Oil Change International. Web design by Fat Beehive