Exxon shareholders reject pro-LGBT shareholder resolution (again)
by: pam
Fri May 30, 2008 at 06:00:00 AM EDT
http://www.pamshouseblend.com/showDiary.do?diaryId=5576 (http://www.pamshouseblend.com/showDiary.do?diaryId=5576)
There are a lot of reasons not to pull into an Exxon station of you need to tank up, but this one is a constant. Every year since 2000, a proposal to add sexual orientation and gender identity to the oil giant's employee policies has come before shareholders and has been rejected. This year was no different.
Approximately 40% of Exxon's outstanding shares voted in favor of the clause, but it was not enough to send the issue to the oil company's board of directors.