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(Revised from original 2012 version)
Chevron: A Stranded Asset?
Oil giant, Chevron, faced numerous challenges on environmental, social and governance (ESG) grounds in the first decade of the 21st century, including some major lawsuits and actions by NGOs. The case describes those challenges and raises questions about what is the optimal response on the part of the company in order to ensure future growth and profitability, and how those challenges are going to affect the future competitiveness of not only Chevron but of the whole oil and gas sector.
Keywords: Energy Industry;
Serafeim, George, Robert G. Eccles, and Phillip Andrews. "Chevron: A Stranded Asset?" Harvard Business School Case 112-065, January 2013. (Revised from original February 2012 version.)