Phillips 66
Corporate Bias Rating
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Risk Level:
Summary:
Phillips 66 is High Risk. The company yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. Phillips 66 embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach fails to safeguard free exercise, free speech, and free enterprise.
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CEO of Phillips 66
Mark Lashier
Summary:
Headquartered in Houston, Texas, Phillips 66 is a member of the Fortune 250 operating in the Energy industry. Mark Lashier and Greg C. Garland serve as CEO/President and Chairman, respectively, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $14,000 to Republican causes and $19,348 to Democratic causes. Under their tenure, Phillips 66 currently holds a 'High Risk' risk rating.
View Full Board Bias ReportPolitical Contributions of Leadership:
$14,000
$19,348
Republican
Democrat
China Risk Database
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Total Estimated Sanctions (3-year Avg.)
$51,643,283
Average Annual Revenue
Global
$115,193,333,333
China Revenue
0.73%
$842,606,189
Annual Average of Total Assets
Global
$61,821,666,667
China Assets
0.66%
$410,504,134
Shareholder Proposals
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| Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
|---|---|---|---|---|---|
| 5/10/23 | Environmental | As You Sow on behalf of Handlery Hotels, Inc. and Meyer Memorial Trust | Petrochemical Risks | Against | 11.80% |
| 5/10/23 | Environmental | As You Sow | Report on Impact to Chemicals Business under the System Change Scenario | Against | 11.60% |
| 5/11/22 | Environmental | As You Sow | Report on Reducing Plastic Pollution | Against | 49.84% |
| 5/11/22 | Environmental | Follow This | Adopt GHG Emissions Reduction Targets Aligned with Paris Agreement Agreement | Against | 35.63% |