Posts tagged Phillips 66
Phillips 66: Report on Direct Methane Measurement

BE IT RESOLVED: Shareholders request that the Board issue an analysis of the reliability of Phillips 66 Company’s methane emission disclosures. The report should:

  • Summarize the outcome of efforts to directly measure methane emissions, using recognized frameworks such as OGMP;

  • Provide investors with insight as to whether there is likely to be a material difference from the Company’s published estimates of methane emissions; and

  • Assess the degree to which the difference may also alter the Company’s Scope 1 emissions estimates.

The report should be made public, omit proprietary information and be prepared expeditiously at reasonable cost.

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Phillips 66: Petrochemical Risks from Single-Use Plastics

RESOLVED: Shareholders request that Philips 66 issue a report, at reasonable cost and omitting proprietary information, addressing whether and how a significant reduction in virgin plastic demand, as set forth in Breaking the Plastic Wave’s System Change Scenario, would affect the Company’s financial position and the assumptions underlying its financial statements.

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Phillips 66: Petrochemical Risks: Single-Use Plastics

BE IT RESOLVED: Shareholders request that Philips 66 issue an audited report addressing whether and how a significant reduction in virgin plastic demand, as set forth in Breaking the Plastic Wave’s System Change Scenario to reduce ocean plastic pollution, would affect the Company’s financial position and the assumptions underlying its financial statements. The report should be at reasonable cost and omit proprietary information.

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The Phillips Company 66: Disclosure of Plastic Pellet Spills and Cleanup Actions

WHEREAS: The World Economic Forum 2015 Global Risk Report ranked water as the top societal risk facing the world in terms of potential economic impact. (1)  The Human Right to Water, formally recognized by the United Nations in 2010, clarifies that it is the responsibility of companies to ensure their operations do not infringe upon the right of individuals to sufficient, safe, acceptable, accessible, and affordable water. This human right is further buttressed by the UN’s Sustainable Development Goal 6, which includes a target for improving water quality by reducing pollution and minimizing the discharge of hazardous chemicals and materials.

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