Valero Energy Corp 2021 SR
The report highlights Valero's progress toward its 2025 and 2035 GHG emissions reduction targets, aiming for 100% reduction or displacement of refinery Scope 1 and 2 emissions by 2035. In 2021, the company achieved record safety performance, including its lowest-ever refinery Tier 1 process safety event rate. Valero invested over 70% of its growth capital into low-carbon projects, such as renewable diesel and carbon sequestration, maintaining its position as a leading producer of transportation fuels. The company also generated over $62 million for charitable causes and demonstrated a commitment to diversity, with 60% of independent board directors representing gender or racial/ethnic diversity.
Company: Valero Energy Corp
Sector: Energy
Country: United States
Year: 2021
Type: SR
Pages: 114
Valero Energy Corp
ESG Report
The report highlights Valero's progress toward its 2025 and 2035 GHG emissions reduction targets, aiming for 100% reduction or displacement of refinery Scope 1 and 2 emissions by 2035. In 2021, the company achieved record safety performance, including its lowest-ever refinery Tier 1 process safety event rate. Valero invested over 70% of its growth capital into low-carbon projects, such as renewable diesel and carbon sequestration, maintaining its position as a leading producer of transportation fuels. The company also generated over $62 million for charitable causes and demonstrated a commitment to diversity, with 60% of independent board directors representing gender or racial/ethnic diversity.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Published
Aug 1, 2022
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Renewable Energy
Water Consumption
Women on Board
Women in Management
Net Zero Target
Employees