
Marathon Petroleum
Corprate Bias Ratings
Risk Level:
Summary:
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.
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.
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.
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
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).
Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.
Marathon does not protect its employees from viewpoint discrimination (1).
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
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).
Uses corporate political contributions for ideological, non-business purposes.
Uses corporate political contributions for ideological, non-business purposes.
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
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Voting History
Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
---|---|---|---|---|---|
4/26/23 | Governance | John Chevedden | Seeking a Simple Majority Vote | Against | 51.50% |
4/26/23 | Governance | United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union | Amendment to Existing Clawback Provisions | Against | 44.90% |
4/26/23 | Environmental | State of New Jersey Common Pension Fund | Audited Report in Asset Retirement Obligations | Against | 22.60% |
4/26/23 | Environmental | The International Brotherhood of Teamsters General Fund | Report on Just Transistion | Against | 16.00% |
4/27/22 | Governance | United Steelworkers | Amend Executive Comp. Clawback Policy | Against | 45.80% |
4/27/22 | Governance | John Chevedden | Special Meetings - Reduce Ownership Req. to 10% | Against | 40.62% |
4/27/22 | Environmental | Int'l Brotherhood of Teamsters | Report on Climate Strategy Consistent with ILO's "Just Transition Guidlines" | Against | 15.97% |