ConocoPhillips
Corprate Bias Ratings
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 Human Rights Campaign'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.
Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.
ConocoPhillips received a score of 100 on the 2023 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. The company recruits employees based on sexual identity issues. The company discriminates against vendors that do not promote divisive sex and gender policies, indicating it prioritizes sexual issues over merit (1)(2). The company settled a religious bias lawsuit in 2009 for not letting an employee attend Sunday church services (3).
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.
ConocoPhillips HRC 2023 CEI rating indicates the company forces employees to attend multiple, controversial trainings on gender identity, sexual orientation, transgender issues, and divisive racial ideology. The company provides gender transition guidelines for its employees and specific benefits guide with a comprehensive explanation of transgender services funded by the company (1)(2). ConocoPhillips does not provide viewpoint protections for its employees (3).
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
ConocoPhillips HRC 2023 CEI rating indicates the company agrees to allow a controversial stakeholder group focused on sexual identity issues to dictate marketing or advertising strategy (1)(2). By doing so, the company risks dividing employees, alienating customers and harming shareholders. The company’s CEO is a member of the Business Roundtable and signed its 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism over traditional obligations to shareholders and customers (3)(4).
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
ConocoPhillips HRC 2023 CEI rating indicates the company covers transgender related costs for its employees and their children, including paid short-term leave, puberty blockers, cross-sex hormones, chest surgeries, genital surgeries, medical visits and lab monitoring, travel and lodging. Additionally, the company has pledged philanthropic support of at least one organization or event that promotes sex and gender ideology (1)(2). By allowing a political stakeholder group to dictate operations, the company increases health care costs and risks dividing employees, alienating customers and harming shareholders. The company is a corporate partner of the National LGBT Chamber of Commerce (NGLCC) (3).
Uses corporate political contributions for ideological, non-business purposes.
ConocoPhillips HRC 2023 CEI rating indicates the company publicly advocated for controversial sex and gender ideology through local, state or federal legislation or initiatives (1)(2). By allowing a political stakeholder group to dictate operations, the company risks dividing employees, alienating customers and harming shareholders. ConocoPhillips has not used its PAC donations or lobbied for ideological purposes (3)(4)(5).
All links were last accessed and all information was updated on:
March 27, 2024
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Voting History
Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
---|---|---|---|---|---|
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% |