BP

United Kingdom
Energy

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

BP scored a 95 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, BP increases the risk of dividing employees, alienating customers and harming shareholders. The company covers transgender-related medical costs for its employees and their children. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. BP 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. BP is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism. The company opposed various state and local legislation intended to protect parental rights, girls’ sports, bathroom facilities, and gendered spaces. BP denounced various states’ legislative efforts to protect election integrity and security. The company is a silver partner of the HRC, a brass sponsor of Out & Equal, and a corporate partner of the NGLCC. For these reasons, BP receives a High Risk rating.

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Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
4/27/23EnvironmentalFollow Thisclimate change targetsAgainst46.47%

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