IRVING, Texas (AP) — In a story July 22 about new federal anti-discrimination rules, The Associated Press reported erroneously the value of Exxon Mobil Corp. shares held by investors who supported amending the company's equal employment opportunity statement. The New York state comptroller said the investors' shares are worth about $51.4 billion, not $41.5 billion.
A corrected version of the story is below:
Exxon Mobil says it'll follow new anti-bias rules
Exxon Mobil says it will comply with new federal protections for gay, transgender workers
IRVING, Texas (AP) — Exxon Mobil Corp. has said it will comply with the new protections for gay and transgender employees required of federal contractors, while still sidestepping the question of whether it will formalize that by changing the language of its corporate policy.
Following President Barack Obama's signing of an executive order Monday expanding protections for federal workers and contractors from discrimination based on sexual orientation or gender identity, the Labor Department has 90 days to issue regulations for how employers must comply.
Exxon, which according to government records won more than $480 million in federal contracts in 2013 and more than $8 billion since 2006, has long resisted pressure from civil rights groups and shareholders to enumerate such protections in its formal policy.
The world's biggest oil and gas company by market value will continue to "abide by the law," spokesman Alan Jeffers said Tuesday.
He wouldn't say if that meant changing the language in the company's formal equal employment opportunity policy, but stressed that Exxon prohibits "discrimination on any basis."
According to the Human Rights Campaign, which supports gay rights and gay marriage, 91 percent of Fortune 500 companies include anti-gay bias as an explicit part of their non-discrimination policies, and 61 percent explicitly protect against discrimination based on gender identity. Irving-based Fluor Corp. and the company formerly known as the Washington Post Co., now Graham Holdings Co., are the only other companies listed without explicit policies protecting workers from discrimination based on sexual orientation in Human Rights Campaign's 2014 corporate equality index.
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