Chevron must end its relationship with the brutal regime
Last Wednesday, shareholders of Chevron voted on a resolution focused on its partnership with the Myanmar military. According to the preliminary count, 12 percent of shareholders have voted in favor of the resolution. This 12 percent represents billions of dollars of shares and includes shares owned by the California Public Employees Retirement System (CalPERS), one of the world’s biggest investors.
The resolution was proposed by three of Chevron’s shareholders: the Dominican Sisters of Hope, Riverwater Partners, and the Unitarian Universalist Association Common Endowment Fund LLC. The resolution pressed Chevron to adopt “a policy of not doing business with governments that are complicit in genocide and/or crimes against humanity”. In a memo filed at the U.S. Securities and Exchange Commission (SEC), the resolution proponents called on Chevron to “disinvest rapidly and responsibly from Myanmar” and to withhold from the military junta any payments meant for the government of Myanmar.
Please accept my heartfelt thanks for taking actions to put pressure on Chevron to end its payments to the Myanmar military junta.
Thank you to the nearly quarter of million signers of our petition to Chevron to stop bankrolling the Myanmar military.
Thank you to the over 200,000 signers of our petition to TIAA-CREF urging them to vote their shares in favor of the resolution at Chevron.
Thank you particularly to our ally, the Blood Money Campaign, which played a key role in organizing signers to the petitions.
Moving forward, we will provide you with more opportunities to put pressure on Chevron, and other companies, to end their support for the Myanmar military. Chevron is the largest US investor in Myanmar (Burma). Chevron and other oil companies remain one of the largest sources of money for the military junta. But Chevron’s business and reputation are vulnerable to your pressure.Today, leave protest messages on the social media of Chevron. Here’s a sample message for you to adapt and post.
I will boycott @Chevron until you stop the flow of money from the Yadana Project in Myanmar to the Burmese military junta. Keep in escrow all money that you are required to pay the Myanmar government. Learn the truth about Chevron and TotalEnergies in Myanmar here: https://bit.ly/nochevron
- Like their Facebook pages and regularly add protest messages to their posts
- On LinkedIn, like Chevron and follow its CEO and Chair Mike Wirth and add protest messages on their posts.
- Post on their Instagram pages
- Call out Chevron on Twitter @Chevron
Do you want to organize a demonstration at your local Chevron office or gas station? If so, contact Mike Haack at [email protected]
Like the Coalition Against Chevron in Myanmar – Stop Paying Myanmar Military Facebook page for up-to-date news and campaign materials.
For more information:
“How Oil and Gas Majors Bankroll the Myanmar Military Regime,” Justice For Myanmar, 8 February 2021
“Total Impact: The Human Rights, Environmental, and Financial Impacts of Total and Chevron’s Yadana Gas Project in Military Ruled Burma (Myanmar),” EarthRights International, September 2009
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Justice For Myanmar works incognito inside Myanmar to research the Myanmar military’s business empire and exposes its domestic and foreign business partners