Public Profile

Valero Energy

Valero Energy Corporation, commonly known as Valero, is a leading international manufacturer and marketer of transportation fuels and petrochemical products. Headquartered in San Antonio, Texas, Valero operates refineries and facilities across the United States, Canada, and the United Kingdom, solidifying its presence in key operational regions. Founded in 1980, Valero has achieved significant milestones, including becoming one of the largest independent refiners in the world. The company’s core offerings include gasoline, diesel, jet fuel, and a variety of petrochemicals, distinguished by their commitment to sustainability and innovation. Valero's strategic focus on renewable fuels and advanced technologies positions it as a market leader, recognised for its operational excellence and environmental stewardship.

DitchCarbon Score

How does Valero Energy's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

15

Industry Average

Mean score of companies in the Crude Oil Extraction industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

5

Industry Benchmark

Valero Energy's score of 15 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.

92%

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Valero Energy's reported carbon emissions

In 2023, Valero Energy reported carbon emissions of approximately 24,900,000,000 kg CO2e for Scope 1 and about 5,100,000,000 kg CO2e for Scope 2. This reflects a slight increase in Scope 1 emissions compared to 2022, where they were approximately 24,800,000,000 kg CO2e, while Scope 2 emissions were about 4,900,000,000 kg CO2e. Over the years, Valero has demonstrated a commitment to reducing its carbon footprint. In 2021, the company achieved a total of approximately 28,500,000,000 kg CO2e in combined Scope 1 and Scope 2 emissions, which indicates a focus on improving operational efficiency and reducing greenhouse gas emissions. However, there are currently no specific reduction targets or initiatives disclosed under the Science Based Targets initiative (SBTi) or other climate pledges. Valero's emissions data highlights the ongoing challenges faced by the energy sector in managing carbon emissions, particularly in refining operations. The company continues to report on its emissions and is expected to enhance its climate commitments in the future.

Unlock detailed emissions data

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2017201820192020202120222023
Scope 1
25,200,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
Scope 2
5,200,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 3
-
-
-
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Valero Energy's primary industry is Crude petroleum and services related to crude oil extraction, excluding surveying, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Valero Energy is in US, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Valero Energy is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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