2024 ESG Report FINAL - Report - Page 76
SASB Report
This report aligns our performance data with the recommendations of the
Sustainability Accounting Standards Board (SASB) framework in the Oil & Gas –
Re昀椀ning & Marketing industry standard.
Topic
Greenhouse
Gas Emissions
Accounting Metric
Gross global Scope 1 emissions, percentage covered
under emissions-limiting regulations
Code
EM-RM-110a.1
2023 Valero
24.9 million metric tons CO 2 e
100%
Discussion of long-term and short-term strategy
or plan to manage Scope 1 emissions, emissions
reduction targets, and an analysis of performance
against those targets
EM-RM-110a.2
Valero's performance exceeded the company's short-term target
to reduce/displace the equivalent to 63% of the tonnage from its
global re昀椀nery GHG emissions (Scopes 1 and 2) by 2025. Valero is on
track to reduce/displace the equivalent to 100% of the tonnage from
its global re昀椀nery GHG emissions (Scopes 1 and 2) by 2035 through
Board-approved projects and CCS projects under development.
Air emissions of the following pollutants: (1) NOx
(excluding N 2 O), (2) SOx, (3) particulate matter (PM 10),
(4) H 2S, and (5) volatile organic compounds (VOCs)
EM-RM-120a.1
(1) NOx: 9,100 metric tons; (2) SOx: 7,400 metric tons; (3) PM 10: 2,200
metric tons; (4) H 2S: De minimis; (5) VOCs: 7,000 metric tons
Number of re昀椀neries in or near areas of dense
population
EM-RM-120a.2
11
(1) Total fresh water withdrawn, (2) percentage
recycled, (3) percentage in regions with High or
Extremely High Baseline Water Stress
EM-RM-140a.1
(1) 187 million m3; (2) 1,671%; (3) 11.5%
Number of incidents of non-compliance associated
with water quality permits, standards, and regulations
EM-RM-140a.2
2023 Annual Report on Form 10-K, Item 3 (page 35)
(1) Amount of hazardous waste generated,
(2) percentage recycled
EM-RM-150a.1
(1) 30,300 metric tons; (2) hazardous waste recycling without
incineration: 35.8%; hazardous waste recycling with incineration:
49.4%
(1) Number of underground storage tanks (USTs),
(2) number of UST releases requiring cleanup, and
(3) percentage in states with UST 昀椀nancial assurance
funds
EM-RM-150a.2
(1) 6; (2) 0; (3) 0
(1) Total recordable incident rate (TRIR), (2) fatality
rate, and (3) near miss frequency rate (NMFR) for (a)
full-time employees and (b) contract employees
EM-RM-320a.1
(1)(a) Global re昀椀ning TRIR Employee: 0.40; (1)(b) Global re昀椀ning TRIR
Contractor: 0.24; (2)(a) Global re昀椀ning Fatality Rate Employee: 0.00;
(2)(b) Global re昀椀ning Fatality Rate Contractor: 0.00
Discussion of management systems used to integrate
a culture of safety
EM-RM-320a.2
ESG Report (pages 32 to 41)
Management
of the Legal
& Regulatory
Environment
Discussion of corporate positions related to
government regulations and/or policy proposals that
address environmental and social factors affecting
the industry
EM-RM-530a.1
2022 TCFD Report
Critical
Incident Risk
Management
Process Safety Event (PSE) rates for Loss of Primary
Containment (LOPC) of greater consequence (Tier 1)
and lesser consequence (Tier 2)
EM-RM-540a.1
Activity Metric
Re昀椀ning throughput of crude oil and other feedstocks
EM-RM-000.A
1,087.33 million barrels of oil equivalent (BOE)
Re昀椀ning operating capacity
EM-RM-000.B
3.16 million barrels per calendar day (MBPD)
Air Quality
Water
Management
Hazardous
Materials
Management
Workforce
Health & Safety
76
2023 Annual Report on Form 10-K, Item 1A (pages 18-32)
Tier 1 process safety: 0.05
Tier 2 process safety: 0.20
