Lobbying Governance
Overall Assessment | Analysis | Score |
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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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