ConocoPhillips
Corporate Bias Rating
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Risk Level:
Summary:
ConocoPhillips scored a 90 out of 100 on the 2023-2024 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 provides a benefits package for employees which covers transgender medical procedures for covered employees and dependents, including children. 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 a Corporation, which promotes stakeholder capitalism. For these reasons, ConocoPhillips receives a High Risk rating.
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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.
View Full Board Bias ReportPolitical 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 | 0.76% |
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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