2024 ESG Report FINAL - Report - Page 64
Governance
We view our stakeholders
as partners to whom we
seek to deliver operational
excellence, disciplined
management of capital
and long-term value on
a foundation of strong
governance and ethical
standards.
Governance and Risk Management
Full Board
Risk Management and Oversight Structure
64
• Risk management and oversight
are responsibilities of the full Board.
The full Board exercises its oversight
responsibilities directly and through its
committees.
• Valero's low-carbon fuels strategy is a
priority and focus for the full Board. In
fact, for the past three years Valero's lowcarbon fuels strategy has been one of the
key topics of the Board's annual threeday strategic planning meeting with
management.
Audit
Committee
Key functions
and areas of
oversight and
responsibility
include
Valero’s:
Human Resources
and Compensation
Committee
Key functions
and areas of
oversight and
responsibility
include:
Nominating and
Corporate Governance
Committee
Key functions
and areas of
oversight and
responsibility
include:
Sustainability
and Public Policy
Committee
Key functions
and areas of
oversight and
responsibility
include:
