2024 ESG Report FINAL - Report - Page 69
Governance
Business Ethics and Compliance
Valero's Code of Business Conduct and Ethics is reviewed and approved
by the Board and Valero’s executive management team. Our Code
provides guidance for our day-to-day work and the behavior expected
of us, as well as our legal and ethical responsibilities.
The Code focuses on the following commitments:
In addition to our Chief
Compliance Of昀椀cer, Valero’s
Audit Committee oversees the
company’s global compliance
function.
Commitment to Each Other
• Health, Safety and
Environment
• Workplace Environment
• Human Rights
• Data Privacy
Our Ethics Helpline is
a con昀椀dential external
helpline operated by a
trained third party. It is
available toll-free, 24 hours
a day, seven days a week
and in local languages.
• Community and
Environmental Justice
Commitment to Business Partners
• Conduct Guidelines for Business Partners
Reports are investigated
fairly and thoroughly.
• Gifts and Entertainment
Commitment to Shareholders
• Business Records and
Internal Controls
• Con昀氀icts of Interest and
Corporate Opportunities
• Protecting Company
Assets
• Insider Trading
• Information Security
• Communications
Do you have a compliance
question? Contact the
Compliance Department at
LegalCompliance@Valero.com
or 210-345-5800
Do you wish to remain
anonymous? Con昀椀dential
helpline available at
EthicsHelpline.Valero.com or
855-219-2495 within the U.S. &
Canada
Commitment to the Marketplace
• Anti-Bribery and
Anti-Corruption
• International Trading
• Anti-Money Laundering
• Participating in Political
Activities
• Antitrust, Fair Dealing and
Competition
• Anti-Boycott
If calling from elsewhere,
use the numbers listed on
EthicsHelpline.Valero.com.
More than 672,000 hours of employee training were conducted in 2023 on various
health, safety and environment, regulatory, legal and other compliance-related
matters, including conduct and ethics, use of ethics helpline, anti-bribery, data privacy,
human rights and information security.
Environmental, Social and Governance Report •
69
