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.
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.
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.
Valero Energy's score of 12 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Valero Energy reported carbon emissions of approximately 24,900,000,000 kg CO2e from Scope 1 and about 5,100,000,000 kg CO2e from Scope 2. This reflects a slight increase in Scope 1 emissions compared to 2022, where they were approximately 24,800,000,000 kg CO2e. Over the years, Valero has shown fluctuations in emissions, with a notable decrease from 25,400,000,000 kg CO2e in 2018 to 24,900,000,000 kg CO2e in 2023. Valero has not publicly committed to specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, the company continues to monitor and report its emissions, indicating a commitment to transparency in its environmental impact. The emissions data highlights the ongoing challenges faced by the energy sector in reducing greenhouse gas emissions while maintaining operational efficiency.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
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 | - | - | - | - | - | - | - |
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 not committed to any reduction initiatives 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.