Strategy

Three additional companies are joining Phillips 66 and others to collectively evaluate and advance large-scale carbon capture and storage (CCS) technology in and around the Houston industrial area.

Phillips 66 Chairman and CEO Greg Garland says the company plans to pay down debt and would like to resume share repurchases.

Phillips 66 announced today that it intends to reduce greenhouse gas emissions intensity from its operations and energy products by 2030, setting impactful, attainable and measurable targets for the company.

Phillips 66’s 2021 Sustainability Report details the company’s actions in 2020 to advance a lower-carbon future.

Phillips 66’s newest ranking offers a strong endorsement of the company’s inclusion and diversity efforts.