Phillips 66

Lobbying Governance & Transparency

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Lobbying Governance
Overall Assessment Analysis Score
None Phillips 66 provides oversight of its political contributions but does not disclose any governance of its lobbying activities or alignment with climate objectives. Its Public Policy and Sustainability Committee states that it Review the administration of any U.S. based political action committees and Review and approve the Companys budgets for political candidate contributions and independent expenditures, and receive reports from management on such candidate contributions, independent expenditures and other political expenditures, which indicates a committee-level review of political spending. However, we found no evidence the company discloses any internal processes or policies for monitoring or managing direct lobbying efforts or for evaluating and aligning the positions of trade associations with its corporate or climate policy goals, nor does it identify any specific individual or formal body responsible for overseeing lobbying alignment.

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E
Lobbying Transparency
Overall Assessment Analysis Score
Limited Phillips 66 provides minimal transparency regarding its climate lobbying activities. The company states "We work with governments as they develop policies that support lower-carbon energy systems," but it does not name any specific climate policies, legislation, or regulations it has engaged with. Phillips 66 also omits any description of the mechanisms it uses to engage policymakers, offering no details on meetings, letters, consultations, or the specific government bodies or officials it targets. Finally, it fails to disclose any measurable policy outcomes or desired regulatory changes, instead expressing only a broad support for lower-carbon energy systems without identifying particular goals or amendments it seeks to influence.

D