Tag Archives: shareholder activism

Activists Demand Action At Chevron Shareholder Meeting

June 19, 2011 at 11:00 AM

By Tony Cruz, Amnesty’s Business & Human Rights Group

Gas is flaring in the Niger Delta. © Pius Utomi Ekpei/AFP/Getty Images

On May 25, 2011, I attended Chevron’s Annual Shareholder’s Meeting representing Amnesty International.  This is the 4th meeting I’ve attended but much has changed since 2005.

With the recent 9 billion dollar class action verdict in Ecuador (and last year’s arrests in Houston), security was high and there were real questions as to whether or not the international delegation of NGOs would be allowed in. Fortunately, after an extensive security check, which makes TSA like a walk in the park, we were all allowed in to speak.

During the Q & A portion of the meeting, I addressed Chairman John Watson on the use of gas flaring in the Niger Delta; a technology that has led to serious health related issues and environmental contamination:

SEE THE REST OF THIS POST

Amnesty Int'l Blocked from Chevron Shareholder Meeting

June 8, 2009 at 12:56 PM

By Tony Cruz, member of Amnesty International USA’s Business & Economic Relations Group

On Wednesday, May 27th, I traveled to Chevron’s Annual Shareholder Meeting to represent Amnesty International USA (AIUSA) and its interests as a shareholder of Chevron Corporation (CVX) and to join other NGOs in a delegation to address the company’s role in some of the most well publicized human rights abuses across the globe. Maybe you’ve heard the good news that Toxic Waste Won’t Make You Sick!

Unfortunately, I was turned away at the door. I had the AIUSA proxy (ticket) in hand, but I did not have a letter from the AIUSA brokerage firm. Chevron claimed that I lacked sufficient documentation to attend the meeting. In other words, I had the legal right to attend, but was denied entrance because of a technicality.

Attending these shareholder meetings is one the highlights of my year: a 3-5 minute war of words with the MAN, a verbal boxing match between Amnesty International and Chevron. Had I been allowed to represent AIUSA at the meeting, I would have made the following statement:

In a recent 60 Minutes interview, your representative claimed that the judicial system in Ecuador cannot be trusted. But the fact is that the trial is currently taking place in Ecuador at Chevron’s request after the company REQUESTED that it be transferred out of the U.S. federal court, where it was filed in 1993. Can you explain why you have changed your mind, aside from wanting to drag this case out as long as possible with utter disregard for the rights of the plaintiffs? And in the same interview, your representative claimed that the toxic sludge that the Ecuadorian communities are exposed to is no worse than the makeup she is wearing. Do you really believe that?

I didn’t get to represent AIUSA members inside the meeting, so I dusted myself off, walked to the front of Chevron Headquarters, and joined the strong 100 protesters in supporting the NGO delegation. Later that afternoon, I went online and read the headlines: Chevron Meeting Heats Up Over Ecuador Lawsuit; Chevron CEO Clashes with Activists at Annual Meeting; and “Chevron CEO says Resemblance to Pinocchio is just coincidental”. Ok, so I made that last one up. But it was a victory! The meeting received great press. I have never been more confident that Chevron will be held accountable because of everyday people, who showed up at the crack of dawn on a Wednesday morning in San Ramon, California to support people they will never meet.

Learn more about Amnesty’s Shareholder Activism