The depth (or lack thereof) of Chevron's pious stance is seen for what it is in this 1972 Texaco memo entitled "Reporting of Environmental Incidents" from Texaco’s Chairman of the Board, R.C. Shields. The memo provides new instructions to the corporation’s Acting Manager in Ecuador, M. E. Crawford, as to what constitutes Texaco’s definition of a major oil spill. It is one which "attracts the attention of the press and/or regulatory authorities" - not one in which rainforest residents´ water supplies are rendered undrinkable or their health seriously affected. A clear indication of a cover-up of known wrongs is the note at the end of the memo requiring that all previous reports of oil spills be destroyed.
Finally, in an indication of how Chevron's word is far from being as good as its bond, the oil company's spokesperson, Kent Robertson, has announced that Chevron has no intention of abiding by its promise to a U.S. federal court that it would be bound by the jurisdiction of the Ecuadorian court.
So much for Chevron's superior corporate greenwashing virtue.