
Occidental Petroleum
Corporate Bias Rating
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Risk Level:
Summary:
Occidental Petroleum is Medium Risk. The company often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company elevates merit, excellence, and integrity ahead of race and identity-based policies. Occidental Petroleum occasionally embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues at times. This approach fails to safeguard free exercise, free speech, and free enterprise.
View Full Corporate Bias Ratings ReportHas canceled customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.
Occidental Petroleum has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (1).
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
Occidental Petroleum’s charitable giving focuses on these main areas: “public health and safety, education, social services such as food security, military and veterans, environment, and arts and culture” (1). The company’s employee match program matches donations to educational and cultural organizations. Religious organizations are ineligible (2). Occidental Petroleum likely uses Benevity as its charitable giving platform. Benevity vets charities according to the Southern Poverty Law Center’s Hate List, which includes mainstream libertarian, conservative, family, and religious advocacy organizations (3)(4)(5).
Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.
Occidental Petroleum does not provide viewpoint protections for its employees (1).
Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
Board Bias
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CEO of Occidental Petroleum
Vicki A. Hollub
Summary:
Headquartered in Houston, Texas, Occidental Petroleum is a member of the Fortune 250 operating in the Energy industry. Vicki A. Hollub and Jack B. Moore 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 $217,005 to Republican causes and $32,275 to Democratic causes. Under their tenure, Occidental Petroleum currently holds a 'Medium Risk' risk rating.
View Full Board Bias ReportPolitical Contributions of Leadership:
$217,005
$32,275
Republican
Democrat
Shareholder Proposals
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| Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
|---|---|---|---|---|---|
| 5/2/24 | Social | John Chevedden | Transparency in Lobbying | Against | 14.47% |
| 5/5/23 | Governance | John Chevedden | Independent Board Chairman | Against | 7.70% |
| 5/6/22 | Environmental | Follow This | Report om Quantitative Short, Medium, and Long-Term GHG Emissions Reduction Targets | Against | 16.51% |
In the News
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