Chevron Ca Us

Headquarters San Ramon, CA USA
CEO David J. O'Reilly
Total Revenue 210.1 Billion $
Net Income 17.1 $ Billion
Reporting Cycle Annually CSR Reporting
Report Quality GRI 2002 CI
Assurance not audited
Ownership Structure Public Corporation
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Environmental Expenditures Summary [login to edit summary]


Chevron estimated its worldwide environmental spending in 2006 at approximately $2.2 billion for its consolidated companies. Included in these expenditures were approximately $870 million of environmental capital expenditures and $1.3 billion of costs associated with the prevention, control, abatement or elimination of hazardous substances and pollutants from operating, closed or divested sites, and the abandonment and restoration of sites. For 2007, total worldwide environmental capital expenditures are estimated at $1.2 billion. These capital costs are in addition to the ongoing costs of complying with environmental regulations and the costs to remediate previously contaminated sites. (2006 CR Report)

Chevron basically includes this paragraph with slight changes in every CR Report with the numbers a little different. As always, it is very difficult to find concrete examples of environmental expenditures.

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Details on Environmental Expenditures


G3–EN30 Total environmental expenditures
a) IFAC Costs (excludes non-product output, and non-compliance)
b) Waste disposal, emissions treatment, & remediation costs
c) Prevention and environmental management costs
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Community [revisions]
 

“Using definitions and guidelines established by the American Petroleum Institute, ChevronTexaco estimates its worldwide environmental spending in 2002 at US$1.3 billion for its consolidated companies. Included in these expenditures are $399 million of environmental capital expenditures and $925 million of costs associated with the control and abatement of hazardous substances and pollutants from our ongoing operations. This spending represents approximately 4.3 percent of capital and exploratory expenditures and 11.8 percent of operating expenses in 2002.”

Community [revisions]
 

“In Nigeria, ChevronTexaco’s upstream business unit implemented a new process to better assess the risk of leaks from pipelines. Through this analysis, it identified and is implementing more than 25 distinct projects designed to achieve a tenfold reduction in the risk of spills related to pipeline corrosion, erosion-induced failure, mechanical damage, operational upsets or equipment failures.”

Community [revisions]
 

“Our Kern River Cogeneration Co. facility in California, a joint venture, was the state’s first large cogeneration facility, with a generating capacity of 300 megawatts. After 20 years of operation, the facility’s air emissions permit was updated in 2007. To comply with the new requirements, Chevron worked with General Electric to install industry-leading combustion control technology, expected to be in operation at Kern River by April 2008.”

Community [revisions]
 

“We built an $80 million cogeneration facility in El Segundo, California, to provide electrical and steam power for our refinery. Cogeneration is a fuel-efficient and environmentally friendly process to produce steam and electric power simultaneously. We’re using it to produce additional electricity from otherwise wasted energy at several of our refineries.”

Community [revisions]
 

“We developed and installed California’s first megawatt-class hydrogen fuel cell cogeneration plant at Alameda County’s Santa Rita jail. The 1-megawatt project provides half of the facility’s annual power needs and is saving county taxpayers more than $260,000 a year. By reducing the facility’s demand for utility-provided power, the fuel cell plant offsets more than 3,000 tons of greenhouse gas emissions each year.”