Phillips 66

Country
United States
Sector
Energy
Industry
Oil & Gas Refining & Marketing
Employees
13,200
Ticker
PSX
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Phillips 66 is a renowned American multinational energy company involved in refining, transporting, and marketing petroleum products. Engaging primarily as a downstream sector entity, Phillips 66 oper...

Phillips 66 Waste Data Preview

In 2023, Phillips 66 conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2024202320222021 - 2017
Total Waste Generated
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0000000
Total Waste Recovered
0000000
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0000000
Total Hazardous Waste Generated
0000000
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Non-Hazardous Waste Disposed
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This table provides a simplified preview of selected waste data points. To access the complete dataset with full disclosures and structure, create a free account to purchase the full dataset.

Insights into Phillips 66's Waste Treatment Practices

In 2023, Phillips 66 generated a total of 1,290,000 metric tonnes of waste.

Of this amount, 13.72% of Phillips 66's total waste generated was recovered through methods such as recycling, reuse, or composting, while 86.28% was disposed of through landfilling, incineration, or combustion.

Phillips 66's Waste Recovery Rate

14%

How much of Phillips 66's waste is recycled or recovered?

In 2023, Phillips 66 reported a total waste generation of 1,290,000 metric tonnes, of which 13.72% was recovered through recycling, reuse, or composting. This low recovery rate highlights limited waste diversion and suggests that Phillips 66 may be relying more heavily on landfill or incineration, underscoring opportunities for stronger resource recovery initiatives.

Has Phillips 66 reduced its environmental waste footprint over time?

Since 2023, Phillips 66's total waste generation has increased by 416%, which may reflect expanding operations, weaker material efficiency, or insufficient waste reduction efforts.

Over the same period, Phillips 66's waste recovery rate decreased by 75.67%.

Phillips 66’s Waste Recovery vs. Disposal Over Time

2021202220230350 k700 k1.05 M1.4 Mtonnes
  • Total Waste Disposed
  • Total Waste Recovered

Insights into Phillips 66’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Phillips 66 generated a total of 1,290,000 metric tonnes of waste.

Of this amount, 3.1% of Phillips 66's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment. 96.9% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.

Phillips 66’s Hazardous vs Non-Hazardous Waste Over Time

201920202021202220230350 k700 k1.05 M1.4 Mtonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Phillips 66 reduced the environmental impact of its waste?

Since 2023, Phillips 66's total waste generation has increased by 416%, which may reflect expanding operations, weaker material efficiency, or insufficient waste reduction efforts.

Since 2023, Phillips 66's hazardous waste generation has increased by 80.62%, indicating a potential rise in the use of harmful materials, process inefficiencies, or limited hazardous waste reduction strategies..

Overall, Phillips 66's waste and hazardousness trends are mixed or inconclusive. A more detailed review of its materials, industry standards, and operational changes would help clarify the net environmental impact of its waste strategy.

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