ESG Report - Report - Page 18
Valero's 50-megawatt wind farm
provides renewable power to the
adjacent Valero McKee Refinery.
We are committed to the responsible use and
management of natural resources.
At Valero, we understand the importance of protecting
the natural environment, not just in the future, but
right now. As such, we are focused on maintaining
our operations in an environmentally responsible
manner; investing in low-carbon fuels production
and renewable energy projects that contribute
toward reducing companywide GHG emissions; and
participating in ecological and conservation projects to
protect biodiversity. We have made multibillion-dollar
capital investments to improve the environmental
performance of our refineries and to grow our ethanol
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and renewable diesel businesses, which supply lowcarbon liquid fuels needed to reduce GHG emissions.
We have set a target to reduce and displace 100% of our
global refinery Scope 1 and 2 GHG emissions by 2035,
but we are not stopping there. By 2050, we have an
ambition to reduce and displace more than 45 million
MT CO2e. In addition, we continue to innovate and invest
in opportunities that support further reductions, such as
sustainable aviation fuel, carbon capture and storage,
low-carbon hydrogen and many others.
