1、2023 climate change resilience reportchairmans letter.2view from the lead director.3highlights.4executive summarydelivering long-term value in a lower carbon future .5section 1:governance frameworkcontinuing strong oversight.6section 2:risk managementassessing and managing transition and physical ri

2、sks .12section 3:strategypositioning for higher returns,lower carbon .22section 4:portfoliogrowing a competitive advantage .37section 5:performance and policymeasuring and advocating for what matters .50section 6:metricsaligning to TCFD,SASB and others .65section 7:about this reportpromoting transpa

3、rent reporting .82Original release October 2023;updates March 2024.35:updated IEA carbon intensity data;38:updated Chevrons production percentage;43:updated exhibit;48:updated patent number;53:added E-liability;60:added California mandatory reporting;7176:updated data tables and footnotesin this rep

4、ortat chevron,we believe that the future of energy is lower carbon and that human ingenuity and the power of innovation can solve any challengeadvancing energy progressPhoto:Anchor major capital project hull arriving to Kiewit in Ingleside,Texas.Our U.S.Gulf of Mexico facilities are some of the lowe

5、st carbon intensity-producing assets in the world.Chevron Corporation 2023 Climate Change Resilience Report1chairmans letterWe all have a stake in a reliable and affordable energy system and a lower carbon future.This belief drives Chevrons lower carbon ambitions and the actions we take to advance t

6、hem,which are detailed in this report.Our strategy is clear:Leverage our strengths to safely deliver lower carbon energy to a growing world.Our greatest strengths are our assets,the capabilities of our people and technology,and our customers.Were building on these strengths to create value for our s