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Valero Energy Corporation, commonly referred to as Valero, is a leading player in the crude petroleum industry, with its headquarters situated in the United States. Established in 1980, the company has grown to become one of the largest independent refiners and marketers of petroleum products in North America, operating across major regions including the US, Canada, and the Caribbean.
Specialising in crude oil refining and related services, Valero’s core offerings include gasoline, diesel, jet fuel, and other petroleum-based products. Its integrated operations and focus on efficiency have distinguished it within the industry, contributing to its strong market position. Valero’s commitment to innovation and sustainable practices continues to underpin its reputation as a key player in the crude petroleum sector.
+20 vs industry average
Valero Energy’s score of 36 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Crude Oil Extraction is among the most carbon-intensive industries
The Crude Oil Extraction industry has reduced its overall emissions by 16% since 2018
Scope 3 accounts for ••• of total emissions.
Valero Energy, a prominent player in the crude petroleum and related services industry based in the US, has reported its greenhouse gas emissions across various scopes. For 2025, Valero Energy reported Scope 1 and 2 emissions totalling approximately 11.9 billion kg CO2e.
In 2024, the company's Scope 1 emissions were approximately 24.3 billion kg CO2e, with Scope 2 emissions (both market-based and location-based) at approximately 5 billion kg CO2e. This follows Scope 1 emissions of around 24.9 billion kg CO2e and Scope 2 emissions of approximately 5.1 billion kg CO2e in 2023. In 2022, Valero Energy reported Scope 1 emissions of approximately 24.8 billion kg CO2e and Scope 2 emissions of around 5 billion kg CO2e.
Looking back, Scope 1 emissions for 2021 were approximately 23.7 billion kg CO2e, with Scope 2 at about 4.9 billion kg CO2e. In 2020, Scope 1 emissions stood at approximately 23 billion kg CO2e and Scope 2 at about 4.5 billion kg CO2e. Prior to that, in 2019, Scope 1 emissions were approximately 24.8 billion kg CO2e and Scope 2 emissions were around 4.7 billion kg CO2e. In 2018, Scope 1 emissions were approximately 25.4 billion kg CO2e and Scope 2 emissions were around 5 billion kg CO2e. For 2017, Scope 1 emissions were approximately 25.2 billion kg CO2e and Scope 2 emissions were about 5.2 billion kg CO2e. In 2011, reported Scope 1 and 2 emissions were approximately 31.8 billion kg CO2e.
Valero Energy has established ambitious climate commitments. The company aims to reduce and displace its global refining Scope 1 and 2 GHG emissions by 63% by 2025, a target they achieved in 2022, three years ahead of schedule. Furthermore, Valero is on track to reduce and displace 100% of its global refining GHG emissions (Scopes 1 and 2) by 2035. This long-term goal is to be achieved through board-approved projects and carbon sequestration initiatives currently under development.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.


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