ESG Report - Report - Page 16
GHG Emissions Strategy
17
2025 Short-Term Target
Residual Emissions
Total Reductions and Displacements
32.3
Million
MillionMT
MTCO2e
CO2e
In 2022, three years
ahead of schedule, we
achieved our 2025 GHG
emissions target to
reduce and displace 63%
of global refinery Scope 1
and 2 emissions.18
63%
Target
Baseline
2022
2035 Medium-Term Target19
By 2035, Valero targets to reduce and displace 100% of its global refinery Scope 1 and 2 GHG emissions with
absolute refining GHG emissions reductions, avoided emissions from the production and blending obligations of
low-carbon fuels, and reduction of GHG emissions from CCS.
32.3
2.4
Million Metric
Tons CO 2 e
4.2
11.1
100%
Reduction
10.9
3.7
VLO Refinery
GHG
Emissions
in 2011
(Scope
1 & 2)
16
Absolute
Emissions
Reduction
through
Efficiencies
(Scope
1 & 2)
2035 GHG
Emissions
Displaced
by VLO
Ethanol
Production
2035 GHG
Emissions
Displaced
by VLO
Renewable
Diesel
Production
2035 GHG
Emissions
Displaced
by Global
Blending of
and Credits
from LowCarbon
Fuels
2035 GHG
2035 VLO
Emissions
Refinery GHG
Reduced
Emissions after
by Carbon
Reductions &
Capture
Displacements
and Storage
(Scope
1 & 2)
