2025 Valero Report on Guiding Principles - Flipbook - Page 49
Introduction
Safety
Environment
Community
People
Governance
Appendix
We believe that our employees provide a competitive advantage for our success. We seek to foster a strong team
culture that supports our employees, and we strive to provide a safe, healthy and rewarding work environment for
our employees with opportunities for professional growth and long-term 昀椀nancial stability.
Our Company Culture and Team Valero Strategy
Our company culture and our well-de昀椀ned expectations of ethics and behavior guide the daily work of our employees
and support our efforts to produce exceptional company results. The six values that de昀椀ne our culture are:
Safety is our foundation for success. From workplace
safety to health and wellness, employees are
encouraged to promote and demonstrate their
commitment to safety at all times.
Valero employees treat every day like game day –
working hard, being disciplined and holding ourselves
to the highest standards to deliver best-in-class
results.
Employees make a personal choice to take ownership
of performance. Creating an environment of
accountability helps achieve important company
goals and drives excellence.
Strong teams drive successful organizations. Valero
believes that great teamwork and strong relationships
are built through respectful collaboration, the sharing
of perspectives and strong communication.
Our commitment to integrity means doing the right
thing for the right reason. Our people are trustworthy
and set positive examples, leading to open, honest
and sincere communication.
Through caring, we create opportunities to positively
impact the teams we support, the environment we
share, the customers we serve and the communities
where we live and work.
Our strategy and programs are designed and
implemented to support our business and strategic
objectives. In building and fostering great teams, we are
guided by the following:
and engaged teams, which provide strengths and
advantages for our success. To this end, we are
committed to equal employment opportunity without
illegal discrimination or harassment based on race,
color, religion, national origin, age, sex, marital status,
physical or mental disability, veteran status or any
other characteristic protected under applicable law. In
accordance with our obligations as a federal contractor,
we are committed to hiring and retaining veterans of the
U.S. Armed Forces, as well as individuals with disabilities.
• We strive to hire and promote top-talent employees
with team-oriented work ethics and values.
• Our pay, bene昀椀ts and support programs are
designed to attract and retain excellent employees
and to reward innovation, ingenuity and excellence.
• We seek to provide a best-in-class work
environment built on a foundation of respect,
accountability and trust.
• We promote a culture of learning intended to drive
excellence at all levels of the organization and foster
career-long growth and development opportunities
for employees.
• We continually assess employee performance,
organizational structures and succession plans
to support operational excellence, ef昀椀ciency and
effectiveness.
BOARD OVERSIGHT
The Human Resources and Compensation Committee
assists the Board in overseeing Valero’s compensation,
succession planning for our CEO and other senior
executives as well as initiatives and strategies in the
areas of human capital management and leadership
development. At least annually, our senior management
team, including the Senior Vice President and Chief
Human Resources Of昀椀cer, reports to the Board on these
key focus areas.
We believe that having employees from different
backgrounds with a variety of talents, experience,
education and perspectives helps create innovative
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