2025 Valero Report on Guiding Principles - Flipbook - Page 7
Introduction
Safety
Environment
Community
Governance
GOVERNANCE
People
Governance
Appendix
Valero Charles City
Ethanol Plant.
Board Composition
• Seven of our nine directors bring deep energy
industry skills, knowledge and experience to the
Board.
• Seven of our directors have experience with
complex legal, compliance, regulatory and public
policy matters.
• All nine members of the Board also bring
experience in the areas of leadership; oversight of
sustainability; human capital management; health,
safety, environment; corporate governance and
risk management.
• Eight independent directors.
• 100% of our committee chairs are either women or
racially/ethnically diverse.
• Female independent lead director.
• 44.4% women directors and 44.4% racially/
ethnically diverse directors.
Executive Compensation Linked to HSE and
Sustainability
• Annual bonus program, including metrics for
health, safety and environment (HSE) performance,
as well as sustainability efforts and improvements.
Cybersecurity
• Enterprise approach to information security risk
management and governance typically includes:
o Periodic cybersecurity and risk assessment
testing and periodic third-party expert reviews,
including annual payment card industry data
security standard testing and 昀椀rewall reviews,
penetration testing as needed and periodic
review of our information security framework.
o Periodic incident response exercise/security
incident simulation with company-wide crossfunctional team facilitated by a third-party expert.
• Typically, mandatory cybersecurity training at
least annually for all employees and annual
cybersecurity awareness month campaign.
Other Governance
• Mandatory training on compliance and ethics
matters for all employees and contractors.
Other Disclosures
OTHER
• SASB Report
• TCFD Report (IEA Net Zero by 2050),
including a value chain analysis for GHG
emissions
• EEO-1 Report
• Limited Assurance Statements: Scope 1,
Scope 2 and Use of Product GHG Emissions
Intensity, Low-Carbon Fuel Displacements,
Scope 1 Intensity and Validation of 2035
GHG Emissions Target
Visit our website at www.valero.com >
Investors > ESG
• Annual company-wide corporate compliance and
ethics week awareness campaign.
• Reporting political participation.
Valero Report on Guiding Principles •
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