2022 Sustainability Report

Page 30

OUR BUSINESSES: TODAY AND TOMORROW

ENVIRONMENT AND SAFETY

GOVERNANCE

STAKEHOLDER ENGAGEMENT

Asset Integrity Ensuring the integrity of our assets is a crucial HSEMS component. Business units develop programs and procedures to ensure proper asset design, fabrication, installation, operation and maintenance to minimize asset integrity risks associated with operations and equipment failure. Asset integrity programs include quality assurance and quality control, defined inspection and maintenance intervals for process equipment, and meeting company standards. These high-tech integrity programs and processes are designed to prevent unintentional product releases and protect everyone at our facilities and surrounding communities. Many of our company's process safety and environmental standards exceed industry requirements, promoting our goal of an incident-free workplace. PIPELINE INTEGRITY Liquids pipelines move crude oil and natural gas liquids to our operating assets and take the natural gas liquids, gasoline, diesel and jet fuel we produce to market. Our approach to pipeline safety is rooted in preventing product releases and staying ahead of maintenance requirements and emergency preparedness. Elements of these programs include exacting design and construction standards, comprehensive pipeline maintenance, 24/7 remote-line monitoring, leak detection, community education programs and strong relationships with emergency response teams across our asset footprint.

We seek existing pipeline corridors where feasible and use advanced construction techniques to minimize the impact on the environment, local communities, wildlife and natural resources. When we build or repair pipelines, we use various state-of-the-art techniques to ensure asset integrity, such as horizontal directional drilling technology, which allows us to bury pipelines deep underneath riverbeds, preventing pipeline exposures. Since 2012, Phillips 66 has spent approximately $130 million to enhance resilience at river crossings.

~$130 million

Starting at the planning stage, we work to ensure a project complies with all applicable regulations and laws, including the Clean Water Act, Endangered invested to enhance resilience at river crossings Species Act, National Historic Preservation Act and since 2012 others. We coordinate and engage with many agencies, such as the U.S. Army Corps of Engineers, U.S. Fish and We support response efforts along a pipeline’s Wildlife Service, and local and state regulators. planned route, and we regularly donate equipment to We take environmental considerations into account emergency response teams. during the planning for all pipeline projects and work to Clemens to Gregory (C2G) Pipeline identify community needs and wants. BRAZORIA, TX

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PHILLIPS 66 2022 SUSTAINABILITY REPORT


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