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Valero Energy

Valero Energy Corporation is a publicly listed midstream oil and gas company headquartered in the USA. In 2020, it had USD 108.32 billion in revenue and a reported 10,000 employees*. Valero is the largest global independent refiner and second-largest global renewable diesel and corn ethanol producer. The company’s low-carbon activities are still negligible in scale compared to its oil refining.

Ranking position
#40 /100
Total score
7.6 /100
Performance score
3.2 /20
Narrative Score
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-100)


45.1 /100 #4

Material Investment

9.2 /100 #35

Intangible Investment

0.0 /100 #20

Sold products

4.9 /100 #36


39.8 /100 #36

Supplier Engagement

2.5 /100 #49

Client Engagement

10.0 /100 #27

Policy Engagement

14.0 /100 #66

Business Model

15.0 /100 #15

Leading practices

No leading practices were identified for this company.

Risks and opportunities


Valero receives a trend score of -. If the company were assessed in the near future, its score would likely decrease. Valero has set a target for 20% reduction in scope 1 and 2 emissions intensity by 2025, but it does not have longer-term targets or a scope 3 emissions reduction target. As such, Valero is unlikely to see significant emissions reduction.

The company is undertaking renewable diesel, biofuels and wind power projects, which could improve its alignment with its 1.5°C pathway. However, it is yet to implement these projects at scale, and currently, its renewable fuels production remains negligible compared with the size of its oil and gas operations.

Progress towards the Paris Agreement

See results for

  1. 2023

More about the company

San Antonio, Texas, United States of America
Group revenue
USD 108.32 billion
Ownership structure
Publicly listed
Number of employees
Scope of activity