“In line with the aims of the Paris Agreement, Chevron supports the use of metrics to address climate change, while also maintaining our ability to supply affordable, reliable, ever cleaner energy to meet global demand. Chevron also supports welldesigned market-based mechanisms as an efficient way to advance lower-carbon outcomes while protecting energy reliability and economic prosperity. But Chevron does not support establishing targets associated with the use of Chevron’s products (emissions related to the energy demand of consumers). We believe that compelling select oil and gas producers to unilaterally reduce their production or change their portfolios to align with a possible future energy mix does not advance the goals of the Paris Agreement. Doing so could result in companies like Chevron diverting resources away from their competitive strengths and could lead to less efficient companies—ones that may be less socially and environmentally responsible and may not be subject to public company oversight—increasing their share of fossil fuel production. This would neither serve the interests of our stockholders nor result in progress related to the Paris Agreement. It is our view that a decrease in overall fossil fuel emissions is not inconsistent with continued or increased fossil fuel production by the most efficient producers. Our strategy is to be among the most efficient producers. We support market-based mechanisms and set the performance measures outlined in this report consistent with this strategy and our view of the Paris Agreement.”87 Statements on Human Rights “Chevron’s Human Rights Policy complies with international standards, including the United Nations Guiding Principles on Business and Human Rights, the United Nations Universal Declaration of Human Rights and the International Labour Organization Declaration on Fundamental Principles and Rights at Work, that are applicable to business. We expect our business partners to demonstrate their respect for human rights by complying with these standards. Chevron supports the United Nations Declaration on the Rights of Indigenous Peoples and is committed to working with indigenous communities in a way that respects their history, culture and customs, within applicable legal and constitutional frameworks.”88 “Chevron’s Human Rights Policy ensures that we are especially cognizant of potential human rights issues in sensitive operating environments. We comply with the Voluntary Principles on Security and Human Rights (the Voluntary Principles), designed to guide companies in maintaining the safety and security of their operations within a framework that encourages respect for human rights.”89 ConocoPhillips Company Statements on Climate Change Chevron (February 2019), Update to Climate Change Resilience, pp. 8-9, available at https://www.chevron.com//media/shared-media/documents/update-to-climate-change-resilience.pdf (last accessed on 12 September 2019). 88 Chevron (2018), Corporate Responsibility Report Highlights, p. 23, https://www.chevron.com/-/media/sharedmedia/documents/2018-corporate-responsibility-report.pdf (last accessed on 12 September 2019). 89 Id., p. 24. 87 Annex D: Corporate Statements on Climate Change and Human Rights | 20