Climate Change

Valero Energy

Brands and Associated Companies Ultramar Diamond Shamrock Beacon
InfluenceMap Score
F
Performance Band
22%
Organisation Score
24%
Relationship Score
Sector:
Energy
Head​quarters:
San Antonio, United States
Brands and Associated Companies
Ultramar, Diamond Shamrock, Beacon

Valero Energy appear to have an active and obstructive engagement with multiple strands of climate change legislation. During a 2013 House of Commons consultation Valero appears to have emphasized the financial burden of eight different climate policies adversely effecting them in the UK and EU, subsequently requesting governmental intervention on the Fuel Quality Directive Article 7a and the Industrial Emissions Directive. In the same year Valero CEO, William R. Klesse, is reported to have advocated against twelve different pieces of environmental regulation during a testimony to Senate Committee on Energy and Natural Resources. The company appears to strongly support the extraction of oil from the Alberta Tar Sands, and has petitioned for the approval of the Keystone XL pipeline. Evidence suggests that Valero Energy opposes the United States Renewable Fuel Standards, with grievances being raised both in consultation with Californian policy makers and in a letter to President Obama in 2011 and 2013 respectively.

QUESTIONS SOURCES Main Web Site Social Media CDP Responses Legislative Consultations Media Reports CEO Messaging Financial Disclosures EU Register
Climate Science Transparency -2 -1 NS NS -2 -2 NS NA
Climate Science Stance NS NS NA -1 -1 NS -1 NA
Need for climate regulations NS NS 0 NS NS NS 0 NA
UN Treaty Support NS NS NS NS NS NS NS NA
Transparency on Legislation 1 NA NS NA NA NA NS 0
Carbon Tax NS NS NS NS NS NS NS NA
Emissions Trading 0 NS NS -1 NS NS -1 NA
Energy Efficiency Standards NS NS NS -2 0 -2 NS NA
Renewable Energy Legislation -2 NS NS -2 -2 -1 NS NA
Energy Policy and Mix -2 -2 NS -1 -1 -1 NS NA
GHG Emission Standards -2 -1 NS -2 -2 -2 -1 NA
Disclosure on Relationships 0 NS NS NA NA NA NS 0
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
20%
 
27%
 
28%

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.