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.
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.
Industry Benchmark
Valero Energy's score of 9 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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. This reflects a slight increase in Scope 1 emissions compared to previous years, with 2022 figures showing approximately 24,800,000,000 kg CO2e for Scope 1 and 4,900,000,000 kg CO2e for Scope 2. Over the years, Valero has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been detailed in the available data. The company has not publicly committed to Science-Based Targets Initiative (SBTi) reduction targets or other formal climate pledges. Valero's emissions data indicates a trend of fluctuating emissions, with Scope 1 emissions peaking at approximately 25,200,000,000 kg CO2e in 2017 and gradually decreasing to about 23,700,000,000 kg CO2e in 2021 before rising again in 2023. The company continues to focus on improving its emissions intensity per barrel of product, which was reported at approximately 0.253 for 2023. Overall, while Valero Energy has made strides in tracking and reporting its emissions, further clarity on specific reduction commitments would enhance its climate strategy.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 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 | - | - | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
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 committed to some 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.
