2024 ESG Report FINAL - Report - Page 52
People
Our people and our company culture are fundamental to our success.
Members of Valero's
operations team at
the Valero Wilmington
Re昀椀nery
Our company
culture and
well-de昀椀ned
expectations of
ethics and behavior
guide the daily work
of our employees
and support our
efforts to produce
exceptional
results. The six
values that de昀椀ne
our culture are
Safety, Excellence,
Accountability,
Teamwork, Do the
Right Thing and
Caring.
52
Our Company Culture and Human Capital Strategy
Our people strategy and programs are designed and implemented in support of our
business and strategic objectives. In building and fostering great teams, we are guided
by the following:
• We strive to hire and promote top-talent employees with team-oriented work ethics
and values;
• Our pay, bene昀椀ts and support programs are designed to attract and retain excellent
employees and to reward innovation, ingenuity and excellence;
• We seek to provide a best-in-class work
environment built on a foundation of respect,
accountability and trust;
91% of employees are
"satis昀椀ed with the range of
bene昀椀ts Valero has to offer." 55
• We promote a culture of learning intended to
drive excellence at all levels of the organization and to foster career-long growth and
development opportunities for employees; and
• We continually assess employee performance, organizational structures and
succession plans to support operational excellence, ef昀椀ciency and effectiveness.
From our intern program to our Board, and at all levels in between, we strive to build
dynamic and engaged teams. We evaluate the effectiveness of our outreach, recruiting
and retention efforts, in part by reviewing the demographics of our intern program and
of our existing employee population each year, in accordance with our obligations as a
federal contractor.