DCP Midstream

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DCP Midstream Sustainability Profile

DCP Midstream is not currently tracking sustainability.

DCP Midstream, a Phillips 66 company, operates in the midstream energy sector with a mission to provide energy and improve lives. The company has demonstrated commitment to sustainability through regular reporting and integration of environmental, social, and governance criteria into business strategies, including efforts to reduce carbon footprints and advance lower-carbon solutions.

About DCP Midstream

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DCP Midstream Sustainability Actions

Greenhouse gas emissions reduction

Achieved a 23% reduction in Scope 1 and Scope 2 greenhouse gas emissions since 2018.

ESG-linked securitization facility

Executed the energy industry's first ESG-linked accounts receivable securitization facility, including ESG-linked KPIs that increase or decrease based on performance metrics.

Sustainability reporting

Published inaugural sustainability report in 2020 titled 'Transforming Energy through People, Process and Technology' providing review of performance on safety, environmental, and social metrics. Continued with second annual report in 2021 and third annual report in 2022.

DCP Midstream Sustainability Commitments

2030

Greenhouse gas emissions reduction

Target of 30% reduction in Scope 1 and Scope 2 greenhouse gas emissions by 2030.

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About DCP Midstream

  • Status
  • Unverified

This information references https://www.dcpmidstream.com/ and was sourced on 19/07/2023. Is this your business? Suggest an edit

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