Valero Energy Corp
Valero Energy's GHG Emissions Data Preview
In 2023, Valero Energy completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).
However, Valero Energy has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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Verified Sources Behind Valero Energy’s Greenhouse Gas (GHG) Emissions Data
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Insights into Valero Energy's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Valero Energy amounted to 30,100,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Valero Energy increased by 1.01%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Valero Energy's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Valero Energy's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Valero Energy were 24,900,000 metric tons of CO₂ equivalent (tCO₂e). a
Has Valero Energy reduced its Scope 1 emissions over time?
Since 2018, Valero Energy's Scope 1 emissions have decreased by 1.97%, reflecting a declining long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), Valero Energy's Scope 1 emissions remained relatively stable, indicating that Valero Energy's emissions have plateaued with no significant change in its operational footprint. a
What are Valero Energy's Scope 2 emissions?
In 2023, Valero Energy reported Scope 2 greenhouse gas (GHG) emissions of 5,100,000 tCO₂e using the market-based method and 5,200,000 tCO₂e using the location-based method. a
Has Valero Energy reduced its Scope 2 emissions over time?
Compared to the previous year (2022), Valero Energy's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Valero Energy 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Valero Energy use for Scope 2 reporting?
In 2023, Valero Energy reported its Scope 2 emissions using the market-based method and using the location-based method. a
Valero Energy's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Valero Energy’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Valero Energy reported Scope 1 greenhouse gas (GHG) emissions of 24,900,000 tCO₂e and total revenues of USD 144,766 millions. This translates into an emissions intensity of 172 tCO₂e per millions USD. a
Valero Energy's Scope 1 Emissions Intensity Compared to Peers
How does Valero Energy's GHG emissions intensity compare to its peers?
In 2023, Valero Energy reported a Scope 1 emissions intensity of 172 tCO₂e per millions USD. Compared to the peer group median of 222.4, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Valero Energy rank on GHG emissions intensity within its industry?
In 2023, Valero Energy ranked 10 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Valero Energy is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a