ADL and JLens oppose Chevron shareholder proposal on human rights review
The Anti-Defamation League and JLens are urging Chevron Corporation (NYSE: CVX) shareholders to vote against a proposal at the company's May 27, 2026 annual meeting that would commission an independent review of human rights due diligence processes.
Proposal 6 calls for Chevron's board to commission a third-party report assessing the effectiveness of the company's due diligence processes to identify human rights risks from customers, counterparties and business partners, with specific focus on "human rights in the occupied Palestinian territories."
The organizations claim the proposal targets Chevron's Israel-related operations and aligns with Boycott, Divestment, and Sanctions campaigns. A similar proposal was rejected by 89% of Chevron shareholders at the 2025 annual meeting, according to the press release.
Chevron operates the Leviathan and Tamar offshore natural gas fields in the Eastern Mediterranean, which supply natural gas to Israel, Egypt and Jordan. The company recently approved an expansion project for the Leviathan field to increase regional energy deliveries.
"The proposal selectively targets Chevron's Israel-linked gas operations, without looking at assets elsewhere across the Company's global portfolio," said Jonathan A. Greenblatt, CEO of ADL.
Chevron's board has recommended shareholders vote against the proposal. Proxy advisory firms Institutional Shareholder Services and Glass, Lewis & Co. also recommended voting against Proposal 6.
JLens, a registered investment advisor focused on aligning investments with Jewish values, published a proxy memorandum outlining its opposition. The organization represents over 40 Jewish institutions with $12 billion in communal capital through its Jewish Investor Network.
