Summary
Phillips 66 (PSX) filed an 8-K on October 7, 2021, to disclose the publication of a Lobbying Activities Report. This report addresses a shareholder proposal that received majority support at the company's 2021 Annual Meeting, requesting information on climate lobbying activities. The company is making this report available to interested parties, including investors, via its website. This filing underscores Phillips 66's commitment to transparency and responsiveness to shareholder concerns, particularly regarding environmental, social, and governance (ESG) matters. The company highlights that this report follows the recent publication of its greenhouse gas (GHG) emissions reduction targets and related achievement plans, further demonstrating its proactive approach to climate change and stakeholder engagement.
Key Highlights
- 1Phillips 66 has published a Lobbying Activities Report in response to a majority-supported shareholder proposal from its 2021 Annual Meeting.
- 2The report addresses the company's climate lobbying activities.
- 3The information is being disclosed via email communication to interested parties, including investors.
- 4The report is available on the 'Awareness & Education' section of the Phillips 66 sustainability website.
- 5This disclosure aligns with the company's stated commitment to transparency and responsiveness to shareholders on ESG issues.
- 6The publication of the lobbying report follows recent disclosures on GHG emissions reduction targets and achievement plans.