Valero Energy

InfluenceMap Score
E-
Performance Band
25%
Organisation Score
34%
Relationship Score
Modifications to InfluenceMap Scoring
Sector:
Energy
Head​quarters:
San Antonio, United States
Brands and Associated Companies
Ultramar, Diamond Shamrock, Beacon

Valero appears to have an active and negative engagement with climate change policy. In 2016 – through the Louisiana Energy Users Group (LEUG) – Valero appears to have opposed the US Clean Power Plan, and the Clean Energy Initiative Plan in particular, which aims to incentivize the transition to a low-carbon economy. Between 2016-2018, Valero has lobbied on the US Renewable Fuel Standard, criticizing the legislation and arguing for transferring the Point of Obligation downstream, which would lower costs for refiners. While in the UK, Valero appears to support emissions trading, recommending that Wales adopts a emissions credit system, in the US, Valero donated to a campaign that successfully opposed a ballot initiative calling for a carbon tax in Washington State in 2018. In 2017, Valero supported the development of an oil pipeline – The Diamond Pipeline – and in their inaugural Climate Risks and Opportunities Report, they argued for continued growth in the use of liquid transportation fuels and petrochemical feedstocks. In 2019, a further leaked email showed that Valero had pushed the US state of Oklahoma’s governor to sign legislation criminalizing protests against oil and gas infrastructure. Valero are members of numerous trade groups opposing climate policies, including the American Fuel & Petrochemical Manufacturers (AFPM) and Western States Petroleum Association (WSPA).

QUESTIONS SOURCES Main Web Site Social Media CDP Responses Legislative Consultations Media Reports CEO Messaging Financial Disclosures EU Register
Climate Science Transparency NS NS NS NS NS NS NS NA
Climate Science Stance -1 NS NA -1 -1 NS -1 NA
Need for Climate Regulation NS NS NS -1 NS NS NS NA
UN Treaty Support NS NS NS NS NS NS NS NA
Transparency on Legislation -1 NA NA NA NA NA NS NA
Carbon Tax NS NS NS NS -2 NS NS NA
Emissions Trading NS NS NS 0 NS NS NS NA
Energy Efficiency Standards NS NS NS 0 NS NS NS NA
Renewable Energy Legislation 0 NS NS -1 -1 -1 NS NA
Energy Policy and Mix 0 -2 NS -1 -1 NS NS NA
GHG Emission Standards 0 -1 NS -1 -2 NS NS NA
Disclosure on Relationships 0 NS -2 NA NA NA NS NA
Climate Lobbying Governance NS NS NS NS NS NS NS NS
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
22%
 
22%
 
38%
 
38%
 
40%
 
40%
 
26%
 
26%

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.