The Human Rights Campaign Foundation, the nation's largest gay, lesbian, bisexual and transgender (LGBT) civil rights organization, released a statement last month on the shareholder vote at Exxon Mobil Corp. (NYSE: XOM) in favor of a resolution to add "sexual orientation" and "gender identity" to the company's official equal employment opportunity policy. The percentage of shares voting in favor of the proposal has grown each of the last ten years, with 39.3 percent of shares voting in favor of the policy this year compared to 8.2 percent in 2000. While not yet a majority of shareholders, a growing block of shareholders has sided against ExxonMobil for more than a decade.
"ExxonMobil continues to have the dubious distinction of being the only Fortune 50 company that refuses to add sexual orientation and gender identity to their non-discrimination policy, and is stuck in the ever-shrinking minority of businesses that don't offer domestic partner benefits," said Human Rights Campaign Foundation President Joe Solmonese. "It is irresponsible for ExxonMobil to ignore overwhelming shareholder support and not to join the majority of companies that provide equal protections and benefits to all families."
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