ExxonMobil
Corporate Bias Rating
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Risk Level:
Summary:
ExxonMobil received a score of 70 on the 2023 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with Human Rights Campaign’s controversial demands, ExxonMobil 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. ExxonMobil forces employees to undergo multiple ideological trainings and uses its reputation, corporate funds, and political influence to support controversial sex and gender ideologies, organizations, and legislation. ExxonMobil funds multiple LGBTQ organizations. The company is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism. For these reasons, ExxonMobil receives a High Risk rating.
Board Bias
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CEO of ExxonMobil
Darren W. Woods
Summary:
Headquartered in Houston, Texas, ExxonMobil is a member of the Fortune 250 operating in the Energy industry. Darren W. Woods and Darren W. Woods 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 $1,409,157 to Republican causes and $754,650 to Democratic causes. Under their tenure, ExxonMobil currently holds a 'High Risk' risk rating.
Political Contributions of Leadership:
$1,409,157
$754,650
Republican
Democrat
Shareholder Proposals
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Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
---|---|---|---|---|---|
5/31/23 | Environmental | Sisters of St. Francis Charitable Trust | Aditional Direct Methane Measurement | Against | 36.40% |
5/31/23 | Environmental | Bahnsen Family Trust | Establish a New Board Committee on Decarbonization Risk | Against | 1.60% |
5/31/23 | Governance | Kenneth Steiner | Reduce Executive Stock Holding Period | Against | 2.20% |
5/31/23 | Environmental | Meyer Memorial Trust | Report on Plastics Under SCS scenario | Against | 25.30% |
5/31/23 | Environmental | Steve Milloy | Additional Carbon Capture and Storage and Emissions Report | Against | 5.20% |
5/31/23 | Environmental | Andrew Behar | GHG Reporting on Adjusted Basis | Against | 18.40% |
5/31/23 | Social | United Steelworkers | Energy Transition Social Impact Report | Against | 16.60% |
5/31/23 | Environmental | Legal & General Investment Management America, Inc. | Report on Asset Retirment Obligations Under IEA NZE Scenario | Against | 16.00% |
5/31/23 | Governance | Oxfam America | Tax Reporting Beyond Legal Requirement | Against | 13.60% |
5/31/23 | Environmental | Mercy Investment Services | Additional Report on Worst-case Spill and Response Plans | Against | 13.30% |
5/31/23 | Environmental | Anna Marie Lyles | Litigation Disclosure Beyond Legal and Accounting Requirment | Against | 9.10% |
5/31/23 | Environmental | Follow This | Establish a Scope 3 Target and Reduce Hydrocarbon sales | Against | 10.50% |
5/25/22 | Governance | Steven Milloy | Limit Shareholder Rights for Proposal Submission | Against | 1.50% |
5/25/22 | Environmental | Christian Bros. Investment Svcs. | Report on Senario Analysis Consistent with International Energy Agency's Net-zero by 2050 | Against | 51.00% |
5/25/22 | Environmental | Arjuna Capital | Report on Low Carbon Business Planning | Against | 10.50% |
5/25/22 | Governance | Bernie J. Pafford | Remove Executive Pay Perquisites | Against | 21.80% |
5/25/22 | Social | Unitarian Universalist Assoc. | Report on Political Contributions and Expenditures | Against | 26.70% |
5/25/22 | Environmental | Follow This | Set GHG Emissions Reductions Targets Consistent with Paris Agreement Goal | Against | 27.10% |
5/25/22 | Environmental | Andrew Behar | Report on Plastic Production | Against | 36.50% |
In the News
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ExxonMobil
ExxonMobil