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.

21

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 21 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.

95%

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Valero Energy's reported carbon emissions

In 2023, Valero Energy reported total carbon emissions of approximately 24,900,000,000 kg CO2e for Scope 1 and about 5,100,000,000 kg CO2e for Scope 2 emissions. This marks a slight increase in Scope 1 emissions from 2022, which were approximately 24,800,000,000 kg CO2e, while Scope 2 emissions also saw a rise from about 4,900,000,000 kg CO2e in the previous year. Valero has set ambitious climate commitments, aiming to reduce and offset 63% of its global refining Scope 1 and 2 greenhouse gas emissions by 2025 through board-approved projects. Notably, in 2022, the company achieved this target three years ahead of schedule, successfully reducing emissions equivalent to 63% of its global refinery GHG emissions for both scopes. Looking towards the future, Valero is targeting a complete reduction and displacement of its refinery GHG emissions (Scopes 1 and 2) by 2035, supported by ongoing carbon capture and sequestration (CCS) projects. This long-term goal reflects Valero's commitment to sustainability and its proactive approach to addressing climate change within the energy sector.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

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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