Supplier Diversity
In all our operations, Phillips 66 seeks to do business with diverse businesses and is committed to providing equal and impartial opportunities. This approach stimulates local economic development and enhances our long-term business performance by improving supplier engagement, competition and sustainability.
At Phillips 66, inclusion and diversity enable our business strategy and goals. We consider diversity among both our employees and our suppliers to be fundamental to our success as a global energy manufacturing company, and foundational to the success of our industry.
An inclusive workplace enables our people to use their diverse talents to innovate and thrive, create value and deliver exceptional performance. Phillips 66 is committed to working for the greater good, and our appreciation for the differences that make us stronger extends into our communities. We work to foster a diverse supplier base. We build relationships with, and buy materials and services from, a variety of enterprises, such as small businesses and companies owned by women, minorities, military veterans, members of the LGBTQ+ community, and people with disabilities. We focus on our goal to integrate qualified, diverse suppliers into first- and second-tier opportunities through our procurement processes.
Our obligation to and expectations for Supplier Diversity is communicated to our employees, team members and other stakeholders through the Procurement Policy.
Scott McRee, Vice President, Procurement
Who qualifies as a Diverse Supplier?
For consideration under Phillips 66’s Supplier Diversity program, companies must be owned, operated, and controlled by a member of one of the following groups:
- Minority owned
- African American
- Asian American
- Hispanic American
- Native American
- Women owned
- Veteran owned
- LGBTQ+
- Disability owned
- Veteran-disability owned
- Service-disabled veteran owned
Ownership by any of these groups means that the business is at least 51% owned by such individuals, or in the case of a publicly owned business, at least 51% of the stock is owned by one or more such individuals. The management and daily operations must be controlled by those associated Diverse Supplier group members.
All candidates who wish to become a Diverse Supplier to Phillips 66 must be certified by a relevant council or government agency:
| Certification Agency | Website |
|---|---|
| Federal Government Agency (i.e. Veterans Administration, Small Business Administration, etc.) | Veterans Affairs: https://www.va.gov/osdbu/verification/ Small Business Administration: https://www.sba.gov/ |
| Local (county and city) Government Agency | Example for Houston, TX: https://www.houstontx.gov/obo/certification_overview.html |
| Women Business Enterprise National Council (WBENC) | https://www.wbenc.org/ |
| National Minority Supplier Development Council (NMSDC) | https://nmsdc.org/ |
| National Women Business Owners Corporation (NWBOC) | https://www.nwboc.org/ |
| National Veteran Business Development Council (NVBDC) | https://nvbdc.org/ |
| National Veteran Owned Business Association (NaVOBA) | https://navoba.org/ |
| Disability: IN | https://disabilityin.org/ |
| National LGBT Chamber of Commerce (NGLCC) | https://www.nglcc.org/ |
Phillips 66 Supplier Qualifications
Companies that are certified as Diverse Supplier business enterprises have an opportunity to partner with Phillips 66 in delivering value through quality products and services to our company. Suppliers are chosen first on their ability to meet the needs of our business. All suppliers must meet the following criteria:
- Outstanding Safety Rating (ISNetWorld)
- Good Financial Standing (Dun & Bradstreet and or Internal Review)
- Core competency in supplier’s line of business
- Ability to grow and partner with Phillips 66
Registration Process
Companies that are certified as Diverse Supplier business enterprises have an opportunity to partner with us in delivering value through quality products and services to our company. To register for a supplier opportunity with Phillips 66, visit our portal.
Your information is now in the Phillips 66 database and if an opportunity arises that aligns with the products and services you offer, you may be contacted.
Tier 2 Program
We aim to support the growth and development of diverse suppliers throughout the Phillip’s 66 supply chain. Our Tier 2 Program is designed to encourage key vendors to embrace supplier diversity, while also supporting initiatives that lie beyond direct relationships.
By joining us as a Prime Supplier, you are committing to back the diversity initiative through the quarterly Tier 2 Reporting of diverse spend. We value partnering with suppliers who share our values and enable us to set goals for the betterment of our program and others.
To register as a Prime Supplier with Phillips 66, register at our portal.