World’s 2nd largest renewable diesel producer
World’s 2nd largest corn ethanol producer
Duvas DV3000
Our GHG emissions target reflects our leading liquid transportation fuels strategy. Refinery absolute reductions and our low-carbon projects are expected to generate reductions and displacements equivalent to 100% of the tonnage from our global refinery GHG emissions (Scopes 1 and 2) by 2035. Each component below showcases our strategy:
While the original baseline and ultimate goal remain unchanged, we have revised the 2035 GHG Emissions Target to reflect two changes. First, the absolute refinery GHG emissions (Scopes 1 and 2) reductions were increased to account for the idling of processing units and ceasing refinery operations at our Benicia refinery in California by the end of April 2026. Since 2025 was its last full year of refinery operations, the 2025 GHG emissions from that refinery were included in the “Reductions” component of the target. Secondly, the target was also revised to reflect the decreased GHG emissions reductions within the “Carbon Capture” component of the target, which were adjusted to incorporate expectations and developments related to certain CCS projects.
Our respect for the democratic process and adherence to the rule of law are part of our core principles when participating in political activities.
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Valero’s Board of Directors is responsible for the oversight of the company’s political engagement, political contributions and lobbying activities.
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As part of our engagement, we may advocate directly or with trade associations on issues that affect our business and the energy industry.
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