PHILLIPS 66 | Director votes - climate oversight at PHILLIPS 66

AGM date
Previous AGM date
Proposal number
Resolution details
Company ticker
Submitted by
Resolution ask
Strengthen board oversight of issue
ESG theme
  • Environment
ESG sub-theme
  • Net Zero / Paris aligned
Type of vote
Director vote
Filer type
Company sector
Company HQ country
United States
Supporting materials
  • Majority action_director votes phillips66.pdf Download
Whereas clause
Majority Action is recommending investors vote AGAINST the directors of Phillips 66 due to the company's failure to:
● Commit to reducing its greenhouse gas (GHG) emissions to net zero by 2050,
● Align its capital allocation with limiting warming to 1.5°C, and
● Make a specific commitment to conduct all of its lobbying in line with the goals of the Paris Agreement, and its general opposition to U.S. federal and state climate policy;

Vote are recommended AGAINST:

● Gregory J. Hayes, (Item 1a) (97.22% FOR)
● Charles M. Holley, (Item 1b) (94.65% FOR)
● Denise R. Singleton, (Item 1c) (89.67% FOR)
● Glenn F. Tilton, (Item 1d) (89.26% FOR)
● Marna C. Whittington (1e).(91.98% FOR)

Supporting statement
Majority Action is recommending investors vote against directors responsible for climate oversight, including board leadership, for failure to set adequate net zero targets reducing greenhouse gas emissions, fully realign investment plans to limit warming to 1.5°C, and/or ensure alignment of policy influence activities with 1.5°C pathways.

For more details, acess:

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