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Rankings · Fossil fuel extraction · United States

Valero Energy

Publicly traded companySan Antonio, Texasvalero.com

Tied 1stof 5 companies in the fossil fuel extraction sector

Tied for the top of the five largest US companies in the fossil fuel extraction sector on climate, weighted by Spendwell members’ average priorities.

Better choiceWorse choice

Tied with Marathon Petroleum.

Why it ranks here

Climate

environmental impact
Has set no targets and made no commitments with the initiatives Spendwell tracks for validating climate targets (SBTi, RE100 and EP100). Its disclosed emissions rose 31.7% between 2021 and 2022.

Sources: EP100, RE100, Net Zero Tracker, Science Based Targets initiative (SBTi), Climate Data Utilityemissions through 2022

1/5tied 1st with Marathon Petroleum

Media, or other questions about this ranking: inquiry@spendwell.com