Valero Energy

Diamond Green Diesel, The Premcor Refining Group Inc., Ultramar Inc., Valero Energy Ltd
San Antonio, Texas
Energy

Corporate Bias Rating

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Risk Level:

Rating - Clear
Lower Risk

Summary:

Valero Energy is Lower Risk. The company does not yield to political activism in shaping corporate governance, preventing initiatives that potentially alienate consumers, divide employees, and harm shareholders. The company elevates merit, excellence, and integrity ahead of race and identity-based policies. Valero does not embrace corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach protects free exercise, free speech, and free enterprise.

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Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has canceled customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level
Rationale

Valero Energy received a score of 30 on the 2025 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. The company recruits employees based on sexual identity issues. The company discriminates against vendors that do not promote divisive sex and gender policies, indicating it prioritizes sexual issues over merit (1)(2). However, the company has not canceled customers, suppliers, or vendors based on political views or religious beliefs (3).

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level
Rationale

Valero Energy does not discriminate against charitable organizations based on views or beliefs (1). The company’s charitable giving focus areas are basic needs, civic, education, and healthcare (2).

Criteria

Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.

Risk Level
Rationale

Valero Energy does not provide viewpoint protections for its employees (1).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

Valero Energy has not supported ideological causes or policies (1).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

Valero Energy’s HRC 2025 CEI rating indicates the company provides a benefits package for employees that includes some transgender medical benefits for covered employees and dependents, including children. This may include paid short-term leave, puberty blockers, cross-sex hormones, chest surgeries, genital surgeries, medical visits and lab monitoring, travel and lodging. By allowing a political stakeholder group to dictate operations, the company increases health care costs and risks dividing employees, alienating customers and harming shareholders (1)(2). Otherwise, there are no publicly known cases of the company using corporate funds to advance ideological causes, organizations, or policies (3).

Criteria

Uses corporate political actions and/or financial contributions for ideological, non-business purposes.

Risk Level
Rationale

Valero Energy has not used its PAC donations or lobbying for ideological purposes (1)(2)(3).

Board Bias

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CEO of Valero Energy

Joe Gorder

Joe Gorder

Summary:

Headquartered in San Antonio, Texas, Valero Energy is a member of the Fortune 250 operating in the Energy industry. Joe Gorder serves as CEO/President and Chairman, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $865,210 to Republican causes and $79,099 to Democratic causes. Under their tenure, Valero Energy currently holds a 'Lower Risk' risk rating.

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Political Contributions of Leadership:

$865,210

$79,099

Republican

Democrat

China Risk Database

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Number of Facilities: 4

Total Export Dollars: $6,749,731

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Average Annual Revenue

Global

$119,442,666,667

China Revenue

0.00%

$0

Annual Average of Total Assets

Global

$54,303,666,667

China Assets

0.00%

$0

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
5/9/23EnvironmentalMercy Investment Services, Inc.Proposal to Set Different GHG Emissions Reductions TargetsAgainst31.80%
5/9/23SocialService Employees International Union Master TrustProposal to Oversee and Issue an Additional Racial Equity Audit and ReportAgainst11.70%
4/28/22EnvironmentalMercy Investment ServicesDisclose Climate Action Plan and GHG Emissions Reduction TargetsAgainst42.40%
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