Ethics
is said to be 'set of principles that serves as guidance; In other words, a
moral principle(s) that differentiates from what is good or bad. Chevron's
Conduct and Ethics Code have been built upon core values that highlight the
principles that guide its business. Being one of the leaders in the industry,
chevron is taking seriously, the conduct of its employees and requires
questionable conduct to be reported. Chevron and its employees as a whole is
committed to achieving a long-term reputation to conduct business with honesty
and integrity. According to the statement made on its website, it states 'Our
Business Conduct and Ethics Code provides information about how we conduct our
day-to-day business activities according to the principles of The Chevron Way'.
Social
Responsibility
The
ability of a company to impact the society in a positive way is what should be
deemed as 'social responsibility'. Chevron being one of the oil giant companies
in the industry is committed to investing in communities positively, to
pursue long-term projects with highly core strategic goals aligned with global
and social priorities. Chevron has embarked on meaningful impact by focusing
the majority of its spending on significant challenges in the regions where it operate.
It has also established its primary philanthropic foundation to alleviate
poverty in those communities, invested in several science/math and
health programs. Since 2006, chevron have invested over $1 billion to fund
these initiatives such as 'Economic development’, ‘Health', and 'Education', so
as to empower and contribute to the economic and social well-being of people
in the countries where it operates across the Globe. http://www.chevron.com/globalissues/economiccommunitydevelopment/