ExxonMobil
Corprate Bias Ratings
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.
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.
ExxonMobil has not publicly fired customers, suppliers, or vendors based on political views or religious beliefs.
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
ExxonMobil’s foundation giving guidelines prohibit donations to houses of worship “insofar as the activities are religious (1).
Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.
ExxonMobil’s 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 a specific benefits guide with a comprehensive explanation of transgender services funded by the company (1)(2)(3). ExxonMobil does not provide viewpoint protections for its employees (4).
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
ExxonMobil’s 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)(3). By doing so, the company risks dividing employees, alienating customers and harming shareholders. The company’s CEO Darren Woods 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 (4)(5).
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
ExxonMobil’s 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)(3). By allowing a political stakeholder group to dictate operations, the company increases health care costs and risks dividing employees, alienating customers and harming shareholders. ExxonMobil is a brass sponsor of Out & Equal and a corporate partner of the National LGBT Chamber of Commerce (4)(5).
Uses corporate political contributions for ideological, non-business purposes.
ExxonMobil’s 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)(3). By allowing a political stakeholder group to dictate operations, the company risks dividing employees, alienating customers and harming shareholders. ExxonMobil has not used its PAC donations or lobbied for ideological purposes (4)(5)(6).
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 |
---|---|---|---|---|---|
5/31/23 | 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% |
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