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Valero of Lakota, Iowa recognized as “community-minded” company by volunteer organization


This news story was published on July 25, 2019.
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LAKOTA, IOWA — For a sixth consecutive time, Valero Energy Corporation has been named to 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.

Valero also was recognized again as 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 improve the communities where they do business.

The Civic 50 winners were announced at the Points of Light Conference in St. Paul, Minnesota, where corporate citizenship leaders from across the country gathered to discuss social innovation, civic engagement and cross-sector collaboration.

“We are proud once again to be recognized on this prestigious list of the top companies in the U.S. for community engagement, and especially as the leader in our industry,” said Joe Gorder,Valero Chairman, President and Chief Executive Officer.

In 2018, Valero employees companywide logged more than 150,000 volunteer hours for hundreds of community projects, representing an estimated $3.6 million in saved out-of-pocket labor costs for nonprofit organizations. Valero, its employees and charitable organizations also generated more than $55.6 million for worthy charities, through direct donations or fundraising, worldwide.

Employees of Valero Renewables – Lakota look forward to joining in the contribution of volunteer hours. We will also begin our United Way contributions this year. As part of theValero Texas Open and the Benefit for Children, we look forward to donating to children’scharities in the local area as well. “We are excited to be able to support our communities wherewe live, work and play with these programs in 2019, and the years to come” said Frank Blaine,Plant Manager of Valero Renewables-Lakota.

The Civic 50 honorees are public and private companies with U.S. operations and revenues of

$1 billion or more. They are chosen based on four dimensions of their U.S. engagement programs: investment, integration, institutionalization and impact.

“The Civic 50 truly highlights the commitment of community and civic engagement of America’s leading brands,” said Natalye Paquin, president and CEO, Points of Light. “Thebusiness community plays an important role in creating and delivering innovative solutions thatdrive social good in the communities where they live and work.”

About Valero

Valero Energy Corporation, through its subsidiaries (collectively, “Valero”), is an internationalmanufacturer and marketer of transportation fuels and petrochemical products. Valero is a Fortune 50 company based in San Antonio, Texas, and it operates 15 petroleum refineries with a combined throughput capacity of approximately 3.1 million barrels per day and 14 ethanol plants with a combined production capacity of 1.73 billion gallons per year. The petroleum refineries are located in the United States, Canada and the United Kingdom, and the ethanol plants are located in the Mid-Continent region of the U.S. Valero also is a joint venture partner in Diamond Green Diesel, which operates a renewable diesel plant in Norco, Louisiana.

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