Marathon Petroleum

MPLX, Speedway
Ohio
Energy

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

Marathon vets vendors according to LGBTQ policies and does not provide its employees with protections against viewpoint discrimination. However, it has not publicly terminated business relationships based on views or beliefs. 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 Medium Risk rating.

Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

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.

Risk Level
Rationale

Marathon received a score of 100 on the Human Rights Campaign’s (HRC) Corporate Equality Index. Among other requirements, this means the company has a written policy pledging to vet vendors for LGBTQ policies (1)(2). However, it has not publicly fired employees or canceled contracts based on viewpoint disagreements.

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level
Rationale

Marathon will not “provide donations or matching funds to general operations of religious organizations” but will permit donations to secular programs to run through religious organizations, such as a food bank or similar programs (1).

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
Rationale

Marathon does not protect its employees from viewpoint discrimination (1).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

Former Marathon CEO Gary Heminger signed its 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism over traditional obligations to shareholders and customers (1). Otherwise, Marathon has not used its corporate image or voice to support ideological causes or organizations (2).

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
Rationale

Marathon is a corporate partner of the National LGBT Chamber of Commerce (1). Otherwise, it does not publicly give to ideological groups hostile to freedom of expression (2)(3).

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
Rationale

Marathon Petroleum does not use its PAC donations for ideological purposes (1).

All links were last accessed and all information was updated on:
November 30, 2023

Company reports are intended for educational use only. Full Disclaimer

Voting History

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%
Generate Reports
Clear
Toast

This website stores cookies on your computer. These cookies are used to collect information about how you interact with our website and allow us to remember you. We use this information in order to improve and customize your browsing experience and for analytics and metrics about our visitors both on this website and other media. To find out more about the cookies we use, see our Privacy Policy.

Accept