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2 Allegations against ExxonMobil

ExxonMobil controls concessions covering 11 million acres (44,500 km²) off the coast of Angola that hold an estimated 7.5 billion barrels (1.2 km³) of crude.[1] Questions have been raised about ExxonMobil's actions in securing these concessions— Forbes Magazine alleging that "ExxonMobil handed hundreds of millions of dollars to the corrupt regime of President José Eduardo dos Santos in the late 1990s".[2]

In 2003, the Office of Foreign Assets Control reported that ExxonMobil engaged in illegal trade with Sudan and had to settle with the United States government for US$50,000 [3].

Exxon Mobil is regarded by environmental activists as an example of disregard for environmental concerns by US-based corporations. The company has been a target for a number of political campaigns, including the Stop Esso campaign, held by Greenpeace, Friends of the Earth and People and Planet, and aimed at boycotting Esso. These organisations commonly parody the company's brandname as "E$$O" to indicate their belief that the company is only interested in short-term profit, and is willing to use its financial power to buy influence.

3 Diversity

ExxonMobil recieved a 14% rating from the Human Rights Campaign's Corporate Equality Index in 2004. The company lost points because they take active action aganst the equal rights of GLBT people.

Sexual orientation was taken out of the Exxon Mobil non-discrimination policy following Mobil's merger with Exxon; Domestic partner benefits were ended following Mobil's merger with Exxon. Mobil employees who already had DP benefits were allowed to keep them, but no other employees could join after the merger.

4 External links

4.1 Critical views

Multinational corporations Petroleum Oil companies of the United States Energy companies of the United States Fortune 500 companies



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