{"id":1565,"date":"2022-08-04T07:54:29","date_gmt":"2022-08-04T12:54:29","guid":{"rendered":"https:\/\/www.phillips66.com\/?page_id=1565"},"modified":"2025-04-24T15:45:42","modified_gmt":"2025-04-24T20:45:42","slug":"our-targets","status":"publish","type":"page","link":"https:\/\/www.phillips66.com\/sustainability\/our-targets\/","title":{"rendered":"Our Targets"},"content":{"rendered":"
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Greenhouse Gas Emissions Reduction Targets<\/h1>\t\t<\/div>\n\t<\/div>\n\n\n\n
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Our Commitment<\/h2>\n\n\n\n

We support the goals of the Paris Agreement and are committed to being a part of the solution to help the world address climate change. Technology development and deployment are needed to provide energy today and to achieve energy transition goals consistent with those goals.<\/p>\n\n\n\n

Our companywide greenhouse gas emissions reduction targets are focused on lowering the emissions intensity of our globally operated assets, the products we manufacture and sell, and to account for market and technological uncertainties.<\/p>\n<\/div>\n\n\n\n

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2030 GHG Emissions Reduction Targets and Elements<\/h3>\n\n\n\n

Through innovative energy investments and strategic collaborations<\/p>\n\n\n\n

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30%<\/p>\n\n\n\n

Manufacturing-related emissions intensity<\/p>\n\n\n\n

(Scope 1 and 2) from operated assets<\/p>\n<\/div>\n\n\n\n

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15%<\/p>\n\n\n\n

Product-related emissions intensity<\/p>\n\n\n\n

(Scope 3) from products manufactured and sold<\/p>\n<\/div>\n<\/div>\n\n\n\n

2050 GHG Emissions Reduction Target<\/h3>\n\n\n\n
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50%<\/p>\n\n\n\n

Reduction in manufacturing-related emissions intensity<\/p>\n\n\n\n

(Scope 1 and 2) from operated assets<\/p>\n<\/div>\n\n\n\n

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We are committed to reassessing our targets in step with technology developments, policy changes and consumer energy demand. Attaining this target requires:<\/strong><\/p>\n\n\n\n