ESG Report - 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 – Refining & Marketing
industry standard.
Topic
Accounting Metric
Code
2022 Valero
Gross global Scope 1 emissions, percentage
covered under emissions-limiting
regulations
EM-RM-110a.1
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
Air emissions of the following pollutants: (1)
NOx (excluding N2O), (2) SOx, (3) particulate
matter (PM10), (4) H2S, and (5) volatile
organic compounds (VOCs)
EM-RM-120a.1
(1) NOx: 9,200 metric tons; (2) SOx: 7,800 metric tons; (3) PM 10: 2,400
metric tons; (4) H2S: De minimis; (5) VOCs: 6,600 metric tons
Number of refineries 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(1) Total fresh water withdrawn, (2)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) 182 million m3; (2) 1,626%; (3) 11.5%
Number of incidents of non-compliance
associated with water quality permits,
standards, and regulations
EM-RM-140a.2
2022 Annual Report on Form 10-K, Item 3 (page 33)
Amount of hazardous waste generated,
percentage recycled
EM-RM-150a.1
(1) 40,100 metric tons; (2) recycled hazardous waste without incineration:
31%; recycled hazardous waste with incineration of waste fuels: 38%
(1) Number of underground storage tanks
(USTs), (2) number of UST releases requiring
cleanup, and (3) percentage in states with
UST financial 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 refining TRIR Employee: 0.32; (1)(b) Global refining TRIR
Contractor: 0.15; (2)(a) Global refining Fatality Rate Employee: 0.00;
(2)(b) Global refining Fatality Rate Contractor: 0.00
Discussion of management systems used to
integrate a culture of safety
EM-RM-320a.2
ESG Report (pages 26 to 36)
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
Refining throughput of crude oil and other
feedstocks
EM-RM-000.A
1,077.8 million barrels of oil equivalent (BOE)
Refining operating capacity
EM-RM-000.B
3.15 million barrels per calendar day (MBPD)
Greenhouse
Gas Emissions
Air Quality
Water
Management
Hazardous
Materials
Management
Workforce
Health & Safety
76
24.8 million metric tons CO 2 e
100%
Valero's performance in 2022 exceeded the company's short-term
GHG emissions target (Scope 1 and 2) to reduce/displace 63% by
2025, which is three years ahead of schedule.
Valero is on track to further reduce/displace 100% of its global
refinery Scope 1 and 2 GHG emissions by 2035 through Boardapproved projects and carbon capture and storage projects under
development.
2022 Annual Report on Form 10-K, Item 1A (pages 18-32)
Tier 1 process safety: 0.08
Tier 2 process safety: 0.18
