The last of a dying breed!
For the past decade a proposal to add sexual orientation and gender identity to ExxonMobil's official equal employment opportunity policy has been voted down by the oil company's shareholders. At the most recent vote more shareholders than ever voiced support for the protections -- but the proposal still failed.
The Human Rights Campaign announced that 39.3% of shares voted in favor of the new policy this year, compared to 8.2% in 2000. Before merging with Exxon in 1999, Mobil included sexual orientation in its equal employment opportunity policy , but the wording was removed when ExxonMobil was formed. Since then, support for adding sexual orientation and gender identity to ExxonMobil's policy has grown, but not by enough to make it official policy. Meanwhile, 85% of Fortune 500 companies include sexual orientation in their nondiscrimination policies -- all Fortune 50 companies have it as part of their official policy -- and more than 35% include gender identity.
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