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Chevron Joins Decarbonization Initiative Under The Sea Cargo Charter – $CVX

By John F. Heerdink, Jr.

Reportedly, Chevron Shipping Company has joined the Sea Cargo Charter, a benchmark initiative for responsible shipping activities, transparent reporting of greenhouse gas, and improved decision making in line with targets set by the United Nations. The Sea Cargo Charter establishes a common baseline to quantitatively assess and disclose whether shipping activities are aligned with adopted climate goals, and are consistent with the policies and ambitions adopted by a specialized International Maritime Organization (IMO).

Chevron Shipping, an industry leader in reliably and safely transporting crude oil, refined products, and liquefied natural gas (LNG) is a wholly-owned subsidiary of Chevron Corporation (CVX).

“The Sea Cargo Charter provides a global standard for reporting shipping emissions that advances the decarbonization of the maritime industry. We are excited to join and partner with Sea Cargo Charter to enhance the transparency and accuracy of reporting which will promote responsible environmental performance,” stated Mark Ross, president of Chevron Shipping Company.
 

Dow 30 component Chevron Corporation (CVX), through its subsidiaries, engages in integrated energy, chemicals, and petroleum operations worldwide.  To learn more about Chevron (CVX) and to track their progress please visit the Vista Partners Chevron Page.


Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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(Read Original Story: Chevron Shipping Joins Sea Cargo Charter in Business Wire)


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