Analysis for Chevron Corporate Social Responsibility Essay

Analysis for Chevron Corporate Social Responsibility - Essay Example The company also looks at various stakeholders’ benefits. The company has adopted quite a few CSR strategies to get involved in the market. Table of Contents Abstract 2 1.0 About Chevron 4 2.0 The Corporate Social Responsibility Activities of Chevron 5 2.1 Business Ethics 6 2.2 Government 8 2.3 Human Rights 8 3.0 Evaluation of the Motivations for CSR Activities Drawing Upon the Company's Market Environment 9 4.0 Evaluation of the Motivations for CSR Activities Drawing Upon the Company's Non Market Environment 11 5.0 The Stakeholder Theory in Relation to Chevron 14 6.0 Conclusion 17 7.0 Recommendations 18 References 19 1.0 About Chevron Chevron is regarded to be one of the largest American multinational oil producing companies. It is considered as one of the top energy companies with various subsidiaries all over the world. The company is engaged in a string of activities such as exploration, transportation, production of crude oil along with natural gas as well. They are engag ed in generating power and in the production of geothermal energy. The company is focussed on providing safe and healthy environment to the people. Their main objective is to uphold the organisational reliability and effectiveness in the minds of the people. It also produces mining, pipelines, chemicals and is involved in power construction businesses as well. In the US, the company owns 9,600 gas stations that function under the brand name of Chevron along with Texaco. It also own or has stakes in around 12,400 gas stations outside the market of the US with brand name of ‘Caltex’. Chevron signed a $4.3 billion deal with  Atlas Energy  in 2011 (Chevron, 2008) 2.0 The Corporate Social Responsibility Activities of Chevron Corporate responsibility at Chevron is the use of ‘The Chevron Way’ across social, environmental along with governance issues and concerns. The corporate responsibility of the company is implemented through existing systems, procedures a nd policies of management in order to operate ethically and responsibly. The major aim of the company is to constantly develop the performance and activities in the organisation. The business is performed in an efficient, ethical and responsible way. Through the corporate social responsibility activities Chevron looks to perform their business responsibly by delivering not only energy but also creating sustainable partnership. Chevron has prepared an Action Plan in which climate change has played a significant part in their projects related to emissions reduction, research improvements and also efficiency improvements. Chevron also sustains their CSR activities by touching the requirements of the human lives by initiatives such as ‘Corporate Champion of The Global Fund’ in order to fight against diseases such as Tuberculosis, AIDS and Malaria. They were working towards controlling as well as eradicating these harmful diseases in six different countries that has high lev el incidence rate (Chevron, 2008). Chevron’s Operational Excellence Management System (OEMS) defines the expectations with regard to the organised management of safety, reliability, environment, health and efficiency in order to attain outstanding performance in operational excellence (Chevron, 2010). Chevron uses various motives for their role towards corporate social responsibility. The motives are ethical motives, economic motives and strategic motives. CSR and