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John S. Watson Chairman of the Board and Chief Executive Officer

Chevron’s values demonstrate our strong commitment to always delivering results the right way. As we develop the affordable, reliable energy that enables economic growth and human progress, we are also working to achieve our vision of being the global energy company most admired for its people, partnership and performance.

Chevron has learned through decades of experience that our business success is directly tied to the progress and prosperity of the people we work with and the communities where we operate. Through our business and social investments, we boost local economies by creating jobs, supporting local business, and improving livelihoods.

Some of the most powerful tools for creating prosperity in our communities include our supply chain and our workforce investments. In 2015, we spent more than $54 billion in goods and services around the world to supply energy to our customers, providing meaningful growth for local economies. As part of this, we spent more than $9 billion on local goods and services in Australia, nearly $2.4 billion in Kazakhstan and nearly $500 million in Angola.

Chevron employs tens of thousands of people globally, creating local jobs and developing local workforces. In 2015, 93% of Chevron’s employees worked in their home countries. We are able to achieve that rate of local hiring in part because we invest in the “human capital” of the countries in which we work. We know that building the capabilities of local workforces not only helps us sustain a strong employee base, but also leaves a lasting positive impact on communities as they gain new skills and knowledge.

For example, Chevron’s Pascagoula Refinery has partnered with the Mississippi Gulf Coast Community College for over a decade to help students train to work at our refinery and at other plants across the Mississippi Gulf Coast. Through the partnership, students learn to work with equipment similar to that used at Chevron’s refinery, making it a valuable pipeline of local talent. Since the inception of the partnership, Chevron has hired 86 graduates, hosted 190 interns, and provided scholarships to more than 30 students.

Beyond sourcing and hiring, Chevron contributes to the growth of local economies in many other ways, including by providing them with reliable, affordable energy. Over the past 10 years, we invested approximately $1.9 billion in partnerships and programs that foster communities’ economic growth, with a significant focus on health, education and economic development. Through our social investments in the U.S. Appalachia region, for example, we are helping identify and close skills gaps between the region’s workforce and available jobs.

Chevron believes our business succeeds best when the people we work with and the communities in which we operate succeed too – we are in the business of progress.