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Phillips 66

Phillips 66 is a publicly listed company headquartered in the United States whose activities include oil refining, marketing and transportation. The company operates primarily in North America but also has operations in Europe and Asia. Its In 2022, its revenue was USD 170 billion and it employed 13,000 people.

Summary

Phillips 66 ranks 88th overall an 45th in the Extractives sector. Its best performance is on remedies and grievance mechanisms. The company has an opportunity to improve on topics related to human rights practices.

Phillips 66 has established a grievance mechanism for workers and external individuals to raise human rights complaints and concerns, and discloses the steps it takes to prevent retaliation against whistle blowers. It also discloses its process for reviewing its human rights approach at board level.

Phillips 66 has an opportunity to strengthen its policy commitments to respect human and labour rights, and to disclose its due diligence process for identifying, assessing and mitigating its salient human rights risks. It could also disclose how it engages with affected stakeholders around human rights issues.

Ranking position: #88 /110
Total score: 7.5 /100

Measurement theme	Score	Rank (0-110)
Governance and policy commitments	#1 1.1 /10	#84
Embedding respect and human rights due diligence	#1 0.7 /25	#84
Remedies and grievance mechanisms	#1 3.5 /20	#58
Performance: Practices	#1 0.7 /25	#91
Performance: Responses	#1 1.5 /20	#81

Sector
Extractives	#45

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2020

This company is part of the SDG2000, the 2,000 most influential companies

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