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ExxonMobil: NOT a gay-friendly workplace

ExxonMobil, says the Human Rights Campaign, is a big zero. A new report out from HRC, the nation's largest lesbian and gay political organization, scores American companies on how well they are reaching out to their gay and lesbian workforce, and ExxonMobil finds itself at the bottom of the list.

According to the report from HRC, companies are scored in handful of areas. For a company to receive a perfect score they must demonstrate that they have policies in place for banning discrimination based on sexual orientation, they must provide partner benefits, offer diversity training, and advertise to the gay community. Several companies that we follow closely on BloggingStocks scored perfect 100's in the report. They include Ford Motor Co. (NYSE: F), Apple Computer Inc. (NASDAQ:AAPL) and Dell Inc. (NASDAQ:DELL). Time Warner Inc. (NYSE:TWX) came in with an 85 score.

As For ExxonMobil Corp. (NYSE: XOM)... well, the picture isn't so pretty. Exxon managed to be one of only three companies in the report that came in with a score of zero. Why the poor score? The company did not even offer minimal benefits or workplace protection for gay employees. When asked about the report ExxonMobil spokesman Russ Roberts stated that Exxon relied on used the "definition of spouse used in federal legislation, which has the effect of limiting coverage to heterosexual couples," but also added that XOM had in place "written policies [that] prohibit discrimination or harassment for any reason, including sexual orientation." Apparently that wasn't enough to give them any points for good measure. Only two other companies came in with zero scores: Midwestern retailer Meijer Inc. and Plano, Texas-based Perot Systems technology consultants.


While the debate over gay rights will continue to be a tense subject within corporate America, I think one thing is for sure... for American companies to continue to attract the best, most qualified workforce they are going to need to accommodate for the rights for gays and lesbians, most notably in health insurance and partner benefits. Daryl Herrschaft, director of the Human Rights Campaign, says "These policies have become mainstream business practice."

I hope that Exxon takes a good look at the current policies and makes some changes to their current system. Consider this: the first Fortune 500 company to offer health benefits to gay and lesbian workers and partners was Levi Strauss in 1992 and since then over half of the companies have adjusted their policies. I think it is time that ExxonMobil takes a look at the current social trends and makes some changes accordingly, but I wouldn't hold my breath.

Michael Fowlkes has worked as a stock trader for 7 years and spent the last 2 years working as an analyst and portfolio manager for an online investment advisory service.
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Last updated: November 22, 2009: 11:55 PM

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