Valero Energy

Texas
Energy

Risk Level:

Rating - Clear
Lower Risk

Summary:

Valero has not terminated business relationships based on viewpoint disagreements. It works with people of all persuasions. Additionally, it has not used its corporate power or funds to advance agendas or empower discriminatory groups. For these reasons, Valero receives a "Lower Risk" rating.

Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has denied service to 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 has not publicly fired customers, suppliers, or vendors based on political or religious beliefs. Valero does ideologically discriminate against clients or suppliers.

Criteria

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

Risk Level
Rationale

Valero and its foundation use Valero charitable funds to support STEM education, healthcare support, basic needs, and civic organizations. There are no public restrictions on donations to faith-based organizations (1)(2)(3).

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
Rationale

Valero does not protect its employees from viewpoint discrimination (1).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

There are no publicly known instances of Valero using its corporate image advance ideological agendas or get involved in political disputes.

Criteria

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

Risk Level
Rationale

Valero does not use its corporate dollars to fund ideological groups hostile to freedom of expression (1). As mentioned above, Valero and its foundation use charitable giving to support STEM education, healthcare support, basic needs, and civic organizations.

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
Rationale

Valero briefly paused PAC donations to all federal candidates (1). Valero has resumed bipartisan PAC donations (2). It does not use funds for ideological, non-business-related purposes.

All links were last accessed and all information was updated on:
March 23, 2023

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