Chevron: Where is the S in your ESG?
During this challenging time when the industry seeks to attract and retain talent, Chevron’s human capital management strategy doesn’t seem effective.
On March 21, 2022, more than 500 oil workers at Chevron’s Richmond, Cali. refinery were so dissatisfied they rejected the company’s contract proposal and commenced an Unfair Labor Practice strike.
If attracting and retaining dedicated, skilled oil workers is a priority for Chevron, how did they create this situation?
After recording $15.6 billion in profits at the end of 2021, Chevron is enjoying very strong financial results.
Where is the “social” element in Chevron’s ESG practices?