Phillips 66 released its 2025 Sustainability and People Report today, demonstrating the company’s approach to helping supply the world’s growing energy needs while advancing projects to reduce emissions and foster growth.
“This report showcases our achievements in 2024 and the dedication of our employees to our transformative strategy,” said Phillips 66 Chairman and CEO Mark Lashier, “We are committed to delivering affordable, reliable energy and investing in high-return projects that reduce emissions intensity, strengthen asset reliability and provide growth opportunities. We will continue to pursue strategic investments that align with our vision of being the leading integrated downstream energy provider.”
This year’s publication highlights the company’s 2024 sustainability performance and its approach to building a high-performing organization including:
- Reporting a 15% reduction in Scope 1 and 2 greenhouse gas (GHG) emissions intensity and an 8% reduction in Scope 3 emissions intensity compared to 2019 baseline levels.
- Expanding methane disclosures to align with shareholder feedback.
- Achieving a 38% reduction in injuries from serious incidents.
- Fostering career development through learning resources designed to meet unique employee needs.
Phillips 66 has published annual sustainability metrics and information since the company was founded in 2012. The company is committed to providing transparent and meaningful disclosures relating to its workforce practices and sustainability initiatives, including important performance data.
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