Chevron Corporation

Ticker: CVX

Møtedato: 31.05.2023

Møtetype: Annual

Forslag Ledelsens anbefalning Stemme
Management proposals
1a Forslag Elect Director Wanda M. Austin Ledelsens anbefalning For Stemme For
1b Forslag Elect Director John B. Frank Ledelsens anbefalning For Stemme For
1c Forslag Elect Director Alice P. Gast Ledelsens anbefalning For Stemme For
1d Forslag Elect Director Enrique Hernandez, Jr. Ledelsens anbefalning For Stemme For
1e Forslag Elect Director Marillyn A. Hewson Ledelsens anbefalning For Stemme For
1f Forslag Elect Director Jon M. Huntsman, Jr. Ledelsens anbefalning For Stemme For
1g Forslag Elect Director Charles W. Moorman Ledelsens anbefalning For Stemme For
1h Forslag Elect Director Dambisa F. Moyo Ledelsens anbefalning For Stemme For
1i Forslag Elect Director Debra Reed-Klages Ledelsens anbefalning For Stemme For
1j Forslag Elect Director D. James Umpleby, III Ledelsens anbefalning For Stemme For
1k Forslag Elect Director Cynthia J. Warner Ledelsens anbefalning For Stemme For
1l Forslag Elect Director Michael K. (Mike) Wirth Vote rationale: The board should exercise objective judgement on corporate affairs and be able to make decisions independently of management. The roles of chairperson and CEO should not be held by the same individual. Where a company founder combines both roles, we may support this for a limited period, provided the board has put in place measures to mitigate any conflicts of interest. Global Voting Guidelines Deling av rollene som styreleder og administrerende direktør Ledelsens anbefalning For Stemme Against
2 Forslag Ratify PricewaterhouseCoopers LLP as Auditors Ledelsens anbefalning For Stemme For
3 Forslag Advisory Vote to Ratify Named Executive Officers' Compensation Ledelsens anbefalning For Stemme For
4 Forslag Advisory Vote on Say on Pay Frequency Ledelsens anbefalning One year Stemme One year
Shareholder proposals
5 Forslag Rescind Scope 3 GHG Reduction Proposal Ledelsens anbefalning Against Stemme Against
6 Forslag Adopt Medium-Term Scope 3 GHG Reduction Target Vote rationale: The board should account for material sustainability risks facing the company, and the broader environmental and social consequences of its operations and products. Sustainability disclosures should be aligned with applicable global reporting standards and frameworks to support investors in their analysis of risks and opportunities. Where a company’s disclosure does not meet our needs as a financial investor, we will consider supporting a well-founded shareholder proposal calling for reasonable disclosure. We will not support a shareholder proposal that appears to impose a strategy or prescribe detailed methods, unrealistic timeframes or targets for implementation. Global Voting Guidelines Selskapers bærekraftrapportering Ledelsens anbefalning Against Stemme For
7 Forslag Recalculate GHG Emissions Baseline to Exclude Emissions from Material Divestitures Vote rationale: The board should account for material sustainability risks facing the company, and the broader environmental and social consequences of its operations and products. Sustainability disclosures should be aligned with applicable global reporting standards and frameworks to support investors in their analysis of risks and opportunities. Where a company’s disclosure does not meet our needs as a financial investor, we will consider supporting a well-founded shareholder proposal calling for reasonable disclosure. We will not support a shareholder proposal that appears to impose a strategy or prescribe detailed methods, unrealistic timeframes or targets for implementation. Global Voting Guidelines Selskapers bærekraftrapportering Ledelsens anbefalning Against Stemme For
8 Forslag Establish Board Committee on Decarbonization Risk Ledelsens anbefalning Against Stemme Against
9 Forslag Report on Social Impact From Plant Closure or Energy Transition Ledelsens anbefalning Against Stemme Against
10 Forslag Oversee and Report a Racial Equity Audit Ledelsens anbefalning Against Stemme Against
11 Forslag Publish a Tax Transparency Report Vote rationale: The board should account for material sustainability risks facing the company, and the broader environmental and social consequences of its operations and products. Sustainability disclosures should be aligned with applicable global reporting standards and frameworks to support investors in their analysis of risks and opportunities. Where a company’s disclosure does not meet our needs as a financial investor, we will consider supporting a well-founded shareholder proposal calling for reasonable disclosure. We will not support a shareholder proposal that appears to impose a strategy or prescribe detailed methods, unrealistic timeframes or targets for implementation. Global Voting Guidelines Selskapers bærekraftrapportering Ledelsens anbefalning Against Stemme For
12 Forslag Require Independent Board Chair Vote rationale: The board should exercise objective judgement on corporate affairs and be able to make decisions independently of management. The roles of chairperson and CEO should not be held by the same individual. Where a company founder combines both roles, we may support this for a limited period, provided the board has put in place measures to mitigate any conflicts of interest. Global Voting Guidelines Deling av rollene som styreleder og administrerende direktør Ledelsens anbefalning Against Stemme For

Disclaimer

This page contains certain information as to the voting intentions of Norges Bank in its role as manager of the Government Pension Fund Global. This disclosure is provided to promote transparency as to Norges Bank’s engagement with investee companies, and in view of its approach to responsible investing. Norges Bank’s voting intention is an internal decision and has not been agreed with any third party. Please note the following:

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