ConocoPhillips
Corporate Bias Rating
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Risk Level:
Summary:
ConocoPhillips scored a 90 on the 2023 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with the HRC’s controversial demands, ConocoPhillips increases the risk of dividing employees, alienating customers and harming shareholders. The company covers transgender-related medical costs for its employees and their children and provides specific sexual orientation and gender identity-based benefits. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. The company settled a religious bias lawsuit in 2009. ConocoPhilips is a corporate partner of the National LGBT Chamber of Commerce (NGLCC) and is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism. For these reasons, ConocoPhillips receives a High Risk rating.
Board Bias
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CEO of ConocoPhillips
Ryan M. Lance
Summary:
Headquartered in Houston, Texas, ConocoPhillips is a member of the Fortune 250 operating in the Energy industry. Ryan M. Lance and Ryan M. Lance serve as CEO/President and Chairman, respectively, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $2,086,032 to Republican causes and $92,300 to Democratic causes. Under their tenure, ConocoPhillips currently holds a 'High Risk' risk rating.
Political Contributions of Leadership:
$2,086,032
$92,300
Republican
Democrat
Shareholder Proposals
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Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
---|---|---|---|---|---|
5/14/24 | Governance | National Legal and Policy Center | Revist Pay Incentives for GHG Emission Reductions | Against | N/A |
5/16/23 | Governance | John Chevedden | Independent Board Chairman | Against | 25.50% |
5/16/23 | Governance | The Comptroller of the State of New York | Require Share Rentention Until Retirement | Against | 22.80% |
5/16/23 | Governance | Oxfam America | Report on Tax Payments | Against | 17.20% |
5/16/23 | Governance | National Legal and Policy Center | Report on Lobbying Activities | Against | 9.90% |
5/10/22 | Governance | Kenneth Steiner | Provide Right to Call Special Meetings | Against | 52.81% |
5/10/22 | Environmental | Follow This | Report on GHG Emissions Reduction Targets | Against | 39.44% |
5/10/22 | Social | National Legal and Policy Center | Report on Lobbying | Against | 19.61% |
In the News
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