2024 ESG Report FINAL - Report - Page 43
Community
Protecting and Building Strong
Communities
2023 Community
Highlights
Public awareness and interest in environmental justice (EJ) has
grown along with the current administration's prioritization of
EJ in policymaking. The EPA de昀椀nes EJ as the fair treatment and
meaningful involvement of all people regardless of race, color,
national origin or income, with respect to the development,
implementation and enforcement of environmental laws,
regulations and policies. In 2022, the EPA released guidance and
principles to include EJ factors in air permitting applications.
In 2023, we published the Environmental Justice Audit
Report, conducted by an independent third-party
consultant with expertise in social/environmental justice
and community assessments. This expert concluded
that Valero’s commitment to environmental protection,
community engagement and involvement, and
community investment goes beyond compliance and
aligns with the pillars of environmental justice.51
In 2023, Valero and the Valero
Energy Foundation generated more
than $77.6 million for charities
through employee and company
donations, corporate philanthropy,
fundraising and volunteerism. This
represents an increase of more
than 14%, compared with last year,
and more than 39% compared with
昀椀ve years ago.
$77.6 MILLION+
total generated for charities,
including:
$4.5 MILLION
In 2009, Valero formally adopted an Environmental Justice Policy
Statement, becoming the 昀椀rst major energy company to do
so. Our efforts to collaborate with stakeholders and address
social, economic and environmental concerns are part of being
a good neighbor. We partner with and support organizations
working to improve healthcare access, food security, affordable
housing and other basic needs, and education and workforce
development, all of which are priorities for our communities.
global employee giving and
employee volunteerism
$25.9 MILLION
corporate investments in the
U.S., U.K., Canada, Mexico and
Peru
$19.6 MILLION
support for United Way
agencies (U.S., Mexico and Peru)
Valero’s Environmental Justice
Policy Statement (adopted in 2009)
Valero strives to operate as a good neighbor and
looks for opportunities to work with local of昀椀cials
and directly with fence-line neighbors to improve
the quality of life for its neighbors and communities.
Valero aims to treat its fence-line neighbors fairly,
regardless of race, color, national origin, culture
or income. We work to ensure our neighbors
have an opportunity to understand our proposed
activities and to provide them with meaningful
opportunity to have their concerns heard, with the
goal of providing them with greater comfort of our
operations.
$27.6 MILLION
Valero Energy Foundation
investments (including
net proceeds from major
fundraising events such as the
Valero Texas Open & Valero
Bene昀椀t for Children)
129,400+
Valero employee volunteer hours
globally
Environmental, Social and Governance Report •
43
