In its 40th year of proudly making products essential to everyday life, Valero again was recognized for its vital community commitment by The Civic 50, a list of the 50 most community-minded companies in the United States by Points of Light, the world’s largest organization dedicated to volunteer service.
The honor is a testament to Valero’s continued focus in 2019 on supporting the community and being a good neighbor through volunteerism and charitable giving, a core value that remains unchanged since Valero began in 1980.
Valero has made The Civic 50 each time since 2013, not long after the list was conceived, and again is the top energy-sector company on the list. The Civic 50 provides a national standard for superior corporate citizenship and showcases how companies can use their time, skills and other resources to have an impact on their communities.
“Points of Light believes that now more than ever, companies must drive transformative social change around the world,” said Natalye Paquin, president and CEO, Points of Light. “We thank Valero for their investment, and look forward to supporting them in innovating and expanding this work."
In 2019, Valero’s employees and charitable organizations generated more than $64 million for worthy charities through direct and in-kind donations, fundraising and volunteerism. Valero employees logged approximately 150,000 volunteer hours for hundreds of community projects.
Valero continued to raise the bar for United Way, with $16 million in U.S. employee pledges, projected company match and fundraising, for contributions in 2020 – a 9% increase from 2019.
And in 2020 during this unprecedented time, Valero’s community support continued in response to COVID-19 with more than $3 million for front-line organizations responding to critical needs across the globe.
The Civic 50 honorees are public and private companies with U.S. operations and revenues of $1 billion or more, and are selected based on four dimensions of their U.S. community engagement program including investment of resources, integration across business functions, institutionalization through policies and systems, and impact measurement.