Exxon Defends Values... Again

For the seventh year in a row, Exxon/Mobil shareholders have resoundingly defeated a proposal to add sexual orientation language to the company's nondiscrimination policy.

Fewer than 30 percent of shareholders voted for the proposal this time around — keeping Exxon the only company in the Fortune 50 that refuses to give in to pressure from the homosexual lobby.
Mac McQuiston of the CEO Forum said Exxon's stand comes right from the top.
"They've said, 'You know what? Right is right,' " McQuiston explained. "And Lee Raymond, who's the CEO, has said, 'As long as I'm CEO, we're going to do what's right.' "

Kermit Rainman, a gender issues analyst for Focus on the Family, said the pressure on the corporation is intense, including protests and a barrage of phone calls at its corporate meeting in Dallas this week.
"One of the major strategic plans by the gay activists' leadership has been to target corporate America in getting them to change their policies," he noted. "By doing that they know that they can change the culture of our country."

New York City, which owns more than 8 million shares of Exxon, is also pressuring the oil giant to cave in. Tom Strobhar of Pro-Vita Advisors said standing up for right will ultimately be rewarded.
"God honors this in God's time," he said, "but clearly Exxon/Mobil's under a great deal of pressure — and I thank God for the courageous people at Exxon/Mobil."

Three years ago, Exxon/Mobile repealed a gay nondiscrimination policy at the request of shareholders.

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