Phillips 66 · NYSE:PSX
Phillips 66 — ESG Presentation (October 2023)
18 slides from Phillips 66's sustainability presentation, October 2023
Slide 1: Sustainability & ESG Overview
Sustainability & ESG Overview ADVANCING RESILIENCE October 2023 San Francisco Refinery RODEO, CA
Slide 2: Cautionary Statement Regarding Forward-Looking Statements
Cautionary Statement Regarding Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the federal securities laws, including statements regarding our sustainability plans and goals and statements about our future financial performance and business. Wor
Slide 3: A Message from Our CEO
A Message from Our CEO Transforming our business to continuously improve our operations and competitiveness now and in the future To Our Stakeholders: At Phillips 66, sustainability is a journey of improvement, adaptation and resilience. It shapes how we define and execute our strategy, enabling us
Slide 4: Our Businesses
Our Businesses Our mission of providing energy and improving lives extends to every aspect of our businesses Optimizing And Creating Alternatives For The Future We believe our assets are some of the most competitive in the industry. To further improve our position and increase our value Midstream cr
Slide 5: Our Strategic Approach to Sustainability
Our Strategic Approach to Sustainability Supporting long-term resilience and competitiveness Financial Performance Operating Excellence Delivering shareholder value Ensuring personal and through our disciplined process safety, environmental approach to capital allocation stewardship, reliability and
Slide 6: Environmental Stewardship
Environmental Stewardship Ponca City Refinery PONCA CITY, OK Phillips 66 Sustainability & ESG Overview 2023 6
Slide 7: Greenhouse Gas (GHG) Emissions Reduction Targets
Greenhouse Gas (GHG) Emissions Reduction Targets Aligning lower-carbon solutions with our strategy to help address climate change Progress To GHG Emissions Reduction Targets To achieve our targets, we are pursuing projects that are expected to: • Improve the energy efficiency of our operations. • In
Slide 8: GHG Emissions Reduction Drivers
GHG Emissions Reduction Drivers Advancing lower-carbon solutions through innovative energy investments and strategic collaborations Operating Excellence Returns-Focused Investments Lower-Carbon Alternatives Focusing on safety and reliability protects our Progressing projects such as companywide ener
Slide 9: Management of Natural Capital and Biodiversity
Management of Natural Capital and Biodiversity Improving air, waste and water management and elevating conservation and biodiversity initiatives Managing Natural Capital: Reduce, Recycle and Reuse Conservation and Collaboration We recognize the importance of healthy ecosystems near our operations an
Slide 10: Social Responsibility
Social Responsibility Planting Trees at Houston Zoo for Houston Trees HOUSTON, TX Phillips 66 Sustainability & ESG Overview 2023 10
Slide 11: Safety Performance and Working Toward Zero
Safety Performance and Working Toward Zero Integrating policies, practices, programs and investments throughout our businesses Industry Safety Lake Charles Refinery WESTLAKE, LA Industry leaders in Maintaining open Investing in 2022 Safety Awards safety and well-being of communication with community
Slide 12: Developing and Supporting Our Workforce
Developing and Supporting Our Workforce Achieving excellence by working for the greater good, seeking different perspectives, and creating an environment of trust Building a Career at Phillips 66 Embedding Inclusion & Diversity Attracting Diverse Talent Developing and Investing in Our Workforce Havi
Slide 13: Stakeholder Engagement and Social Impact
Stakeholder Engagement and Social Impact Contributing to the resilience of our communities through our Social Impact strategy. Demonstrating Our Values Through Actions Social Impact • Year-round, inclusive engagements, reaching various stakeholders. Education Equity • In-season and off-season shareh
Slide 14: Governance
Governance Phillips 66 Flagship site HOUSTON, TX Phillips 66 Sustainability & ESG Overview 2023 14
Slide 15: Foundational Governance and Ethics
Foundational Governance and Ethics Demonstrated at every level of our organization Board Oversight and Governance Committees Diversity Ethics and Governance Providing oversight of strategy, Exhibiting mix of experience, • We expect our employees to work for the greater good risks and policies perspe
Slide 16: Risk Management Oversight
Risk Management Oversight Using a detailed and disciplined process to identify potential risks and opportunities Risk Overview Enhancing Cybersecurity Assessing risks based on probability and potential significance of Actively monitoring, detecting, preventing, and responding to external the financi
Slide 17: ESG Ratings and Disclosures
ESG Ratings and Disclosures Providing decision useful data to improve third-party assessments Leading industry averages on Moved up one level to “AA”, Within range of our Oil & Gas, Key Issues Performance for all achieving a leader rating as Refining and Marketing peers rating firm categories of Sep
Slide 18: ESG Summary
ESG Summary Sustainability & ESG is at the heart of our mission to provide energy in ways that improve lives, while enhancements to our ESG strategy and disclosures demonstrate our values of safety, honor, and commitment. Thurgood Marshall Regional Park CONCORD, CA Borger Refinery BORGER, TX Investo