Marathon Petroleum

MPLX, Speedway
Findlay, Ohio
Energy

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Marathon Petroleum has not publicly terminated business relationships based on views or beliefs. Marathon Petroleum scored a 100 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, Marathon 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. Marathon 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. The company does not provide its employees with protections against viewpoint discrimination. The company discriminates against some religious organizations in its charitable giving and is a corporate partner of the National LGBT Chamber of Commerce. Its former CEO signed the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism. However, Marathon Petroleum has not used its PAC contributions for ideological purposes. For these reasons, Marathon Petroleum receives a High Risk rating.

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Board Bias

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CEO of Marathon Petroleum

Michael J. Hennigan

Michael J. Hennigan

Summary:

Headquartered in Findlay, Ohio, Marathon Petroleum is a member of the Fortune 250 operating in the Energy industry. Michael J. Hennigan and John P. Surma 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 $229,822 to Republican causes and $756,366 to Democratic causes. Under their tenure, Marathon Petroleum currently holds a 'High Risk' risk rating.

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Political Contributions of Leadership:

$229,822

$756,366

Republican

Democrat

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
4/26/23GovernanceJohn CheveddenSeeking a Simple Majority VoteAgainst51.50%
4/26/23GovernanceUnited Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International UnionAmendment to Existing Clawback ProvisionsAgainst44.90%
4/26/23EnvironmentalState of New Jersey Common Pension FundAudited Report in Asset Retirement ObligationsAgainst22.60%
4/26/23EnvironmentalThe International Brotherhood of Teamsters General FundReport on Just TransistionAgainst16.00%
4/27/22GovernanceUnited SteelworkersAmend Executive Comp. Clawback PolicyAgainst45.80%
4/27/22GovernanceJohn CheveddenSpecial Meetings - Reduce Ownership Req. to 10%Against40.62%
4/27/22EnvironmentalInt'l Brotherhood of TeamstersReport on Climate Strategy Consistent with ILO's "Just Transition Guidlines"Against15.97%
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