Trillium News

"Chevron chiefs face shareholders after huge $18bn Ecuador fine"

Shelley Alpern, Trillium’s Director of ESG Research and Shareholder Advocacy, was quoted in guardian.co.uk on May 25, 2011:  “The Ecuadorian courts are but one step away from seizing Chevron’s assets to pay for the record $18bn judgment. It doesn’t seem unreasonable to hope that a settlement agreement might be brokered that comes in below this extraordinary amount, puts funds to work immediately restoring the polluted areas, and helps Chevron put this reputational disaster behind it.”
Click here to read the article.
Click here to read Trillium’s press release about the request made to the SEC to review Chevron’s shareholder disclosures.