The Valero Energy community investment and commitment program reflects the company's willingness to create better living environments in the communities it serves. Valero provides financial support to numerous causes and organizations, while at the same time encouraging its employees to do volunteer work in the community. The Program's objective is to improve the citizens' quality of life and make a real difference by offering support that addresses society's needs and issues.
The community investment and commitment program has two components--financial contributions and the involvement of Valero Energy employees in volunteer work with local organizations.
In terms of investment, Valero Energy has established a donation and sponsorship policy, as numerous causes are deserving of support, which is why guidelines have been established to aid in the selection of charities. In terms of criteria, it must be pointed out that the mission or initiatives of associations, organizations, institutions, persons or promoters wishing to submit an application must be in the following sectors:
Culture and business
Refer to the Donation application section to find out more about the application procedure.
Under the terms of its matching policy, Valero Energy provides donations to national or regional institutions, foundations or organizations that foster the generosity of its employees. Valero Energy matches the equivalent of 75% of individual donations by employees and retirees up to $1,000 per year per person.
Valero Energy also gives funding to organizations in which its employees volunteer their time through its Commitment Guide whereby the company allows them time during working hours to make it easier for them to do volunteer work. In some cases, it can assign one or several employees to a non-profit organization for a defined period.