2024 ESG Report FINAL - Report - Page 62
Valero Perks at Work
Perks at Work is a discount program that gives access
to exclusive savings on quality of life enhancements
and conveniences such as household items, travel,
electronics and many more.
Employee Tuition Reimbursement
The Valero Educational
More than $838,000
Assistance Program
was awarded to
supports employees’
employees in 2023.
continuing education
(college or specialized certi昀椀cations) relevant to
professional development.
Customized Financial Education & Planning
Educational workshops
Employees attended
have been created to
more than 2,029 hours
assist in putting personal
of 昀椀nancial education
昀椀nancial goals within
in 2023.
reach. Employees have
regular opportunities to attend free 昀椀nancial education
webinars such as Valero’s Planning for Retirement and
Financial Habits that Matter workshops.
Adoption Assistance
Adopting a child is a life-changing experience for the
child and his/her new family. Valero is proud to support
families by reimbursing a portion of adoption-related
expenses.
Valero Scholarship
Program for
Dependents
Since 1981, Valero has
awarded more than
800 scholarships
totaling $6.9 million to
employee dependents.
Each year, a selection of
outstanding children of
Valero employees receive
a Valero Scholarship, based on scholastic achievement,
community involvement and leadership qualities. Each
recipient receives $2,500 per year for up to four years of
undergraduate studies.
Other
Retiree medical bene昀椀t (subsidized in certain cases);
health savings account contribution; short- and longterm disability; and 昀椀nancial hardship funds.
62
Valero Hartley Ethanol Plant Manager
Developing Our Leaders
We are committed to building a strong learning culture,
where all employees are supported in reaching their
full potential.
More than 705,000 hours of training and
more than 9,950 training classes offered to
employees in 2023.62
At the core of every successful Valero leader is a full
understanding of our business, our culture and the
people who drive our success. We develop our leaders
and team members to motivate, engage and support
an inclusive workforce that expands our talent pipeline
and reduces turnover.
We offer a comprehensive training and development
program for our employees in subjects such as
engineering and technical excellence, safety,
environmental, maintenance and machinery/
equipment repair, ethics, leadership and employee
performance. We also require all employees to
complete training on technical matters, such as
cybersecurity and information technology security,
and various compliance and corporate conduct
matters, including business ethics, con昀氀icts of interest,
and anti-bribery and anti-corruption, among others.
Our employee development initiatives include
customized professional and technical curriculums,
efforts to engage our leadership in the employee’s
development process, and providing employee
performance discussions. We offer a robust virtual
training curriculum, which allows for greater availability
and access for employees located across our many
facilities and enables timely training.