April 2022

Stay ahead of the energy transition with Phillips 66

Phillips 66 published its 2021 Human Capital Management Report, a comprehensive look at the company’s approach to building a high-performing organization that will help keep your business ready for the energy transition and improves lives globally.     

“The energy transition is an opportunity for our company to collaborate and explore new and more efficient ways to power the world,” said Phillips 66 Chairman and CEO Greg Garland. “Our creative and innovative teams are focused on executing our lower-carbon strategy by commercializing and implementing new technology within our operations and portfolio of assets. Along with our targets to reduce greenhouse gas emissions intensity by 2030 and 2050, Phillips 66 is working to increase renewable fuels production, advance the electric vehicle battery supply chain, implement carbon capture technologies at select facilities and participate in commercial-scale, lower-carbon hydrogen production.”    

We have already begun our steps into the future with 76® Renewable Diesel, giving our west coast markets the opportunity to fuel their community with efficient, renewable energy. We understand that the energy transition can be a daunting topic for you and your employees, and we can assure you that you will be supported during every step of implementing these low-carbon strategies at the site level. 

In addition to the work at the 76 refinery, Phillips 66 operates more than 22,000 miles of U.S. pipeline systems, has two research and development centers in the U.S. and refines 2 million barrels per day – all to deliver quality fuel to more than 7,000 branded U.S. sites and 1,700 branded international sites, including yours. 

The team that makes our steps into the future possible, our Energy Research & Innovation team, operates at the Phillips 66 Research Center in Bartlesville, Oklahoma. Inside the 440-acre facility are more than 200 people from 30 different countries speaking 24 languages working on our more than 500 active patents in 21 countries worldwide – powering us with different perspectives, unique viewpoints and diversity that sets apart our ideas from the rest. Scientists, engineers and technicians work together to advance the cutting-edge science that is critical for enhancing company sustainability, developing future technologies and supporting existing operations that will help keep your business ahead of the competition into a more sustainable tomorrow. 

We know we wouldn’t be here today without those who support us, which is why we invested $27 million in our communities in 2021. These donations funded safe school reopening efforts, local food banks, conservation projects, United Way campaigns and Inclusion & Diversity organizations. Our 2021 company-sponsored United Way campaign was our largest employee giving campaign in company history. Phillips 66, our employees and our retirees donated $5 million to nine United Way organizations across the United States.  

“We are proud of what we’ve accomplished, and this report is another tool that will hold us accountable for meaningful change,” said Sonya Reed, senior vice president of Human Resources and Corporate Communications. “Transparency and data are important to show where we’ve been, where we are today, and where we aim to go in the future.”

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