Visibility to Growth and Disciplined Capital Management
Environmental, Social and Governance (ESG)
V
Valero
Valero
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Environmental
World's 2nd largest renewable diesel (1)
and corn ethanol producer
⚫ Significant investment in renewable
fuels of $2.6 billion (2)
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An industry safety leader
Record low environmental events
driven by improvements in process
safety and reliability with growing
throughput capacity
-21% reduction in refining GHG
emissions since 2010
-99% flaring-free refinery operations
- 44% reduction in criteria emissions(3)
since 2007
14% reduction in refinery energy use
since 2013
(1) In joint venture with Darling Ingredients, Inc.
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Social
With 10,000 employees, we foster a
culture that supports diversity and
inclusion
Safe, healthy and rewarding work
environment with opportunities for
growth
Recognized as one of America's
best large employers
Member of the Civic 50 list of
America's most community-minded
major companies by Points of Light
$55.6 million charitable donations
generated in 2018
150,000 volunteer hours
companywide in 2018
(2) Total investment includes $1.7 billion in ethanol since 2009 and Valero's renewable diesel investment estimated at $900 million.
Governance
Independent and diverse Board of
Directors
3 fully independent committees
- 9 of 10 members are independent
3 of 10 members are women
Robust governance, regulatory
compliance and high ethical
standards
Alignment of executive pay to
company performance
Board Committee provides
oversight of climate-related risks
Committed to ESG engagement
(3) As defined by the U.S. Environmental Protection Agency. Includes carbon monoxide, lead, nitrogen oxides, particulate matter, ground-level ozone and sulfur oxide.
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