BE IT RESOLVED: Shareholders request that Valero adopt a 1.5°C-aligned, near-term emissions reduction target that does not include the use of carbon offsets and avoided emissions.
Read MoreBE IT RESOLVED: Shareholders request that Valero's Board of Directors issue an audited report disclosing whether and how applying the assumptions of the International Energy Agency’s Net Zero by 2050 pathway scenario would affect the assumptions, costs, estimates, and valuations underlying its financial statements, including those related to supply and demand, resiliency of assets, remaining asset lives, capital expenditures, and impairments. The Board should produce the report at reasonable cost and omitting proprietary information.
Read MoreBE IT RESOLVED: Shareholders request the Board of Directors issue a report, at reasonable expense and excluding confidential information, evaluating and disclosing if and how the company has met the criteria of the Executive Renumeration Indicator, or whether it intends to revise its policies to be fully responsive to such Indicator.
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