ESG: Environmental, Social & Governance How We Fuel the World We are advancing the future of energy through innovation, ingenuity and unmatched execution while addressing global climate change risks and protecting our employees and the communities where we work and live. ESG Overview Environmental We are committed stewards of the environment. We have a demonstrated track record of reducing emissions in our operations and producing low-carbon fuels for future generations. Valero is focused on being the safest and most reliable operator in our industry. As part of this strategy we will continue our efforts to: Focus on safety, reliability and operations excellence to deliver products essential to life Strive to reduce emission, increase efficiency and invest in opportunities that improve our environmental stewardship Lead the industry in low-carbon renewable fuels, regularly evaluating opportunities to expand production Execute a long-term strategy that addresses shifting consumer needs under a changing policy and technology landscape. On track to achieve 63% global refining GHG emissions reduction/offset target by 2025 2020, best year ever for environmental performance World's 2nd largest renewable diesel producer World's 2nd largest corn ethanol producer Growth projects in low-carbon fuels as well as carbon and storage Robust environmental management system Environmental Stewardship at Valero Safety at Valero Social Valero is a good neighbor and employer. We share our success with the communities where we work and live through volunteerism and charitable giving. 2020, best year ever for safety performance Surpassed $58 million in community donations and fundraising Approximately 10,000 global employees 35% of our U.S. workforce are minorities 29% of our global professional employees are women Named to Forbes 2020 World’s Best Employers Philanthropy Volunteerism Employee & Family Wellness Diversity & Inclusion Governance We view our stakeholders as partners to whom we seek to deliver operational excellence, disciplined management of capital and long-term value on a foundation of strong governance and ethical standards. Diverse, independent board of directors: 5 of 11 represent diversity of race or gender 3 of 11 are women 10 are independent 3 fully independent committees Board and committee oversight of risks and compliance, including climate-change risks, GHG reductions and renewable fuels strategy Compensation aligned with performance: All-employee bonus program includes ESG efforts and improvements; and Executive performance shares include an Energy Transition performance measure (as a modifier to relative TSR) linking compensation to the company’s progress toward its publicly announced 2025 GHG emissions reduction/offset target and percentage of growth capital deployed for low-carbon initiatives Valero Board of Directors Corporate Governance Learn More About ESG Get more detailed information about Environmental, Social and Governance at Valero. See Our Reports & Policies Strategy for Value Creation Valero's strategy for value creation is based on disciplined capital management providing cash returns to our stockholders, a proven history of operations excellence driving higher profitability and visibility to earnings growth with a steady pipeline of high-return projects. Valero Investor Relations Publications Valero Stewardship and Responsibility Report This report includes the SASB report, EEO-1 report and GHG emissions independent verification. Download Now 2020 Summary Annual Report Download Now Review of Climate Related Risks and Opportunities Download Now 2020 Proxy Statement and 2019 Form 10-K Download Now What Fuels Us We care about the environment, our employees and the communities where we work and live. About Guiding Principles The interlocking value of our guiding principles is based on Safety, Environment, Community, Employees and Governance. Careers The Valero Culture Our culture drives the company's success and connects our employees in incredible ways. Responsibility Valero Energy Foundation A public charity and Valero's philanthropic arm. Actively improving the quality of life in neighboring communities. Social Navigation Youtube Instagram LinkedIn Twitter Facebook #FueledBy Valero Headquarters 1 Valero Way San Antonio, TX 78249 (210) 345-2000 Contact Us Footer Navigation Reasonable Accommodation Legal Notice EEO Privacy Statement Accessibility General Terms Notices and Disclosures © 2021 . All rights reserved.