2024 ESG Report FINAL - Report - Page 20
Our Progress up to 2023
Scope 1 Intensity - GHG emissions from the re昀椀ning process relative to re昀椀ning peers
Peer Range
55
Metric tons CO2e per thousand BOE
The chart to the right
compares Valero’s
global re昀椀nery Scope 1
intensity in million metric
tons CO2 e per thousand
barrels of oil equivalent
(BOE), relative to peers’
performance using
peers’ publicly available
disclosures, including
annual reports on Forms
10-K and sustainability
reports.
Valero
50
45
40
35
30
25
20
Re昀椀ning peer group includes PSX,
MPC, DINO and PBF.
2019
2020
2021
2022
2023
GLOBAL REFINING
2021
2022
2023
Re昀椀ning throughput of crude oil and other feedstocks (million BOE)
1,017.3
1,077.8
1,087.3
GHG emissions, Scope 1 (million metric tons CO2e)
23.7
24.8
24.9
GHG emissions, Scope 2 Market-based (million metric tons CO2e)
4.9
4.9
5.1
GHG emissions, Scope 2 Location-based (million metric tons CO2e)
5.0
5.0
5.2
2021
2022
2023
GHG emissions, Scope 1 (million metric tons CO2e)
2.1
2.1
2.3
GHG emissions, Scope 2 Market-based (million metric tons CO2e)
0.5
0.5
0.5
GHG emissions, Scope 2 Location-based (million metric tons CO2e)
0.5
0.5
0.5
GHG emissions reduction achieved with displacements (million metric tons CO2e)
16.7
20.5
22.4
COMPANY-WIDE GHG EMISSIONS INTENSITY FROM THE USE OF PRODUCTS
2021
2022
2023
266
266
253
51
51
48
LOW-CARBON FUELS
Use of Product GHG emissions Intensity per barrel (Kg CO2e / bbl)
Use of Product GHG emissions Intensity per unit of energy (g CO2e / MJ)
20
