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True Cost of Chevron Coalition Releases Alternative Annual Report, Speaks to Shareholders

Posted by jinn on 2nd June 2009

Chevron Shareholders

Proxies representing Nigeria, Ecuador, the Philippines, Burma, Iraq, Richmond and Kazakhstan return from speaking to Chevron's Shareholders - AP Photo/Paul Sakuma

JINN is a member of the diverse coalition of organizations and individuals  who wrote and released The True Cost of Chevron: An Alternative Annual Report on May 26  in time for Chevron’s shareholder meeting on May 27.  Several members of the coalition presented the report to shareholders, the board of directors and Chevron’s CEO David O’ Reilly inside the shareholder meeting.  O’ Reilly responded by saying the report belonged in the trash can and that he was personally insulted by the statements made by the proxies who represented Chevron affected communities around the world.  Read the Full Press Release from the Coalition

Our ally from the Niger Delta, human rights activist, Tunde Okorodudu was able to speak inside the shareholder meeting. He said:  “David O’ Reilly showed nothing but disrespect to all those who traveled from around the world to address the shareholder meeting, Chevron has done nothing but enable the culture of violence that now permeates my region.”

A subvertisement ad campaign, designed by Underground Ads accompanied the release of the report.

Chevron refuses to clean up its mess in Nigeria. Ads designed by Underground Ads

"Chevron refuses to clean up its mess in Nigeria." Ads designed by Underground Ads

Below is the announcement for the report and website with full information. Read the report and spread the word!  TrueCostofChevron.com

The
True Cost
of Chevron

An Alternative Annual Report
May 2009

Chevwrong
The True Cost of Chevron

Amazon Watch · CorpWatch · Crude Accountability · Environmental Rights Action
EarthRights International · Filipino-American Coalition for Environmental Solidarity · Global Exchange
Justice in Nigeria Now · Mpalabanda · Rainforest Action Network · Richmond Progressive Alliance
Trustees for Alaska · US Labor Against the War · West County Toxics Coalition

Think you know Chevron? Think again.Chevron’s 2008 annual report is a glossy celebration of the company’s most profitable year in its history. What Chevron’s annual report does not tell its shareholders is the true cost paid for those financial returns, or the global movement gaining voice and strength against Chevron’s abuses. Thus, we, the communities and our allies who bear the consequences of Chevron’s oil and natural gas production, refineries, depots, pipelines, exploration, offshore drilling rigs, coal fields, chemical plants, political control, consumer abuse, false promises, and much more, have prepared an Alternative Annual Report for Chevron.
Report PreviewThe True Cost of Chevron: An Alternative Annual Report is a one-stop-shop for activists, policy makers, journalists, investors, analysts, and communities in struggle.It is the most comprehensive exposé of Chevron’s operations – and the communities in struggle against them – ever compiled. It includes reports from Alaska, California, Colorado, Florida, the Gulf Coast, Mississippi, New Jersey, New York, Utah, Washington, D.C, and Wyoming; internationally across Angola, Burma, Canada, Chad, Cameroon, Ecuador, Iraq, Kazakhstan, Nigeria, and the Philippines.

Antonia Juhasz is the lead author and editor of the report, which includes the writings of sixteen additional authors from across the U.S. and around the world and the contributions of dozens of organizations.

The 44-page report is available to download at TrueCostofChevron.com – a visually stunning website using our ChevWrong “Inhumane Energy” ads that reveal the hypocrisy of Chevron’s human energy ad campaign. The report and the ads can be downloaded for free from the website, which also provides links to the organizations involved in the True Cost of Chevron campaign and more.

TrueCostofChevron.com

Photo LEFT: Fire burning at Chevron Pascagoula, MS refinery, photograph by Christy Pritchett ran August 17, 2007.
Courtesy of the Press-Register 2007 © All rights reserved. Reprinted with permission.

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Chevron Shareholders and Executives Greeted by Protesters from Across the Globe:

Posted by jinn on 27th May 2009

Nigerians and their Allies demand Respect for Human Rights, Increased Investment in Local Community Development

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Tunde Okorodudu speaking outside the Chevron Shareholder meeting

May 27,2009 – San Ramon, CA, Chevron’s annual shareholder meeting today became a referendum on the company’s global operating practices, with hundreds rallying outside the meeting against the oil giant’s environmental and human rights record, and representatives of Chevron affected communities inside the meeting speaking directly to the company’s senior executives, board of directors and key shareholders. Present were representatives or allies from communities in Nigeria, Burma, Ecuador, Kazakhstan, Iraq, Canada, the Philippines and Richmond, California.

Inside the meeting Tunde Okorodudu, a pro-democracy activist and former Senatorial candidate for Delta South, in the Niger Delta of Nigeria pronounced powerfully, “what is bad for my people is also bad for business. Communities where Chevron extracts oil have made it known to the company for many years that they were suffering as a result of Chevron’s operations. When villagers ask for jobs, environmental remediation for pollution the company caused, electricity, investment in education and healthcare and environmental audits and mitigations, Chevron responded with minimal investments in community projects that have not dented the community needs.”

“Chevron has known for years that an insurgency was building among frustrated residents of the Niger Delta as a result of the lack of development and environmental harms caused by oil development,” said Okorodudu.  “And now, the company’s practices in the Niger Delta have contributed to harm their bottom line, with the attack yesterday of a major oil pipeline in Abiteyeye, which the Wall Street Journal reports reduced Chevron’s output by 100,000 barrels per day.” The company’s 10k report filed with the Securities and Exchange Commission in February 2009 states that its Nigeria oil production for 2008 was 154,000 barrels per day. This means that the current instability has reduced the company’s production by almost two thirds.

Laura Livoti, founder of Justice in Nigeria Now said “Chevron has a responsibility to its shareholders. In order to ensure security and stability for its operations the company must step up and promote development and adequate living standards in the communities from which they are making their profits.”

In addition, Okorodudu addressed the current humanitarian crisis in the Delta stemming from the Nigerian military’s attacks in Delta and Rivers State which have uprooted and displaced villagers, with reports of civilian deaths and starvation as a result. Okorodudu declared “the company must end its relationship with the notoriously brutal Nigerian military. As a 40% partner with the Nigerian government it must bear some responsibility for the destructive actions by the military and its brutal and notorious Joint Task Force (JTF)”.

Outside the meeting protestors carried colorful placards parodying Chevron’s Human Energy advertisements with beautiful photos of a Nigerian villager that read “I will give my baby contaminated water: Chevron refuses to clean up its mess in Nigeria” and  another  with a photo of a Nigerian boy reading ”I will continue fishing even though the fish are gone: Chevron pollutes fresh water in Nigeria.”

The coalition of groups and Chevron affected communities yesterday released an alternative annual report and a series of parody ads that address the company’s worldwide issues. The entire report and advertisement series can be found at www.TrueCostofChevron.com

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