Shareholder Campaign: Chevron-Texaco
Chevron-Texaco is the second-largest integrated oil and gas company in the U.S. and is among the largest corporations in the world. Animal testing by Chevron-Texaco appeared to be limited to the assessment of skin irritation, but the company’s subsidiary Chevron Phillips had engaged in an extensive amount of animal testing under the Environmental Protection Agency’s high production volume chemical-testing program.
2005 Resolution: ‘Give the Animals 5′
With the help of a PETA supporter who held stock in Chevron-Texaco, a resolution was filed in the fall of 2004 calling on the company to “Give the Animals 5“—replace five crude and cruel animal tests with state-of-the-art and scientifically valid non-animal methods that were already in use in other countries.
Despite its progressively worded “Animal Care and Use Policy,” Chevron-Texaco opposed our resolution. Nonetheless, PETA contacted the company’s corporate secretary in a good-faith effort to establish a constructive dialog as an alternative to bringing our resolution forward at Chevron’s annual meeting. Despite a constructive teleconference call and indications that Chevron might be amenable to a series of terms proposed by PETA in exchange for the voluntary withdrawal of our resolution, an agreement was never finalized.
PETA’s resolution was brought to a vote at Chevron’s annual meeting and garnered more than 46 million votes (3.4 percent), enabling us to reintroduce the resolution the following year.
2006 Resolution: Animal Welfare Policy
In 2006, PETA filed a resolution with Chevron calling on the company to develop and make publicly accessible an animal welfare policy that would include reducing the number of animals used and implementing social and behavioral enrichment measures for the animals used both in-house and at contract testing laboratories.
The resolution was largely the result of the horrors uncovered in the independent contract testing laboratory Covance, Inc., whose officials boasted that their clients have included “just about every major company around the world.”
Chevron published our resolution in its proxy materials, along with its opposition statement advising shareholders to vote against it. When negotiations with Chevron again failed, PETA’s resolution was brought to a vote at Chevron’s annual meeting. Nearly 6.4 percent of the shares were voted in favor of the resolution (representing almost 88 million shares), enabling us to reintroduce the resolution the following year.
2007 Resolution: Animal Welfare Policy
In 2007, PETA submitted a similar resolution to the previous one, and it received nearly 7.3 percent of vote (almost 95 million shares).