Valero for a fourth consecutive time was recognized as one of the most community-minded companies in America as a part of the Civic 50, an initiative of prominent civic-engagement organization Points of Light, and once again earned special honors as the leading company in the energy sector.
Civic 50 winners recently were announced at Points of Light’s Conference on Volunteering and Service in Seattle, where leaders in volunteerism and civic engagement gathered to discuss social innovation, cross-sector collaboration and citizen engagement that can drive change.
“We should be proud of what we have accomplished,” said Joe Gorder, Valero Chairman, President and Chief Executive Officer, in a message to employees, noting Valero generated more than $41 million for worthy charities or causes, through direct donations or fundraising, in 2016, and logged more than 148,000 volunteer hours.
“Thank you for your continued dedication and support,” he said. “I couldn’t be more proud – of our employees, of our company and of the strong culture of giving we all share.”
Points of Light originated in President George H.W. Bush’s 1989 inaugural address in which he invoked the vision of a “thousand points of light,” and invited the nation to take action through service to its fellow citizens. The following year, the Points of Light Foundation was formed as an independent, nonpartisan, nonprofit organization to encourage and empower the spirit of service, and today is chaired by Neil Bush.
This year’s Civic 50 honorees contributed more than $1.4 billion and 10.1 million volunteer hours.
“Encouraged by calls for responsible citizenship from shareholders, employees and customers – but also driven by a desire to build trust and define their brands – Civic 50 companies are putting communities at the center of business,” said Jennifer Lawson, president of networks at Points of Light.
The Civic 50 survey was developed in partnership with a high-profile working group of researchers and industry thought leaders. Dozens of corporate advisors provided strategic guidance on the program’s objectives, including defining indicators, developing methodology and identifying partners and participants. As a result of this collaborative process, the initiative reflects leading insight and thinking about how corporations can and should connect with communities in a 21st century economy.
The Civic 50 is the only survey and ranking system that exclusively measures corporate involvement in communities. To see a full list of the winners, please visit www.Civic50.org.
Valero Energy Corporation, through its subsidiaries, is an international manufacturer and marketer of transportation fuels and other petrochemical products. Valero, a Fortune 50 company based in San Antonio, Texas, with approximately 10,000 employees, is an independent petroleum refiner and ethanol producer, and its assets include 15 petroleum refineries with a combined throughput capacity of approximately 3.1 million barrels per day and 11 ethanol plants with a combined production capacity of 1.4 billion gallons per year. The petroleum refineries are located in the United States (U.S.), Canada and the United Kingdom (U.K.), and the ethanol plants are located in the Mid-Continent region of the U.S. In addition, Valero owns the 2 percent general partner interest and a majority limited partner interest in Valero Energy Partners LP, a midstream master limited partnership. Valero sells its products in both the wholesale rack and bulk markets, and approximately 7,400 outlets carry Valero’s brand names in the U.S., Canada, the U.K. and Ireland. Please visit www.valero.com for more information.