Valvoline Releases Corporate Social Responsibility (CSR) Report, ‘Powered by People’
LEXINGTON, Ky., May 9, 2019 — Valvoline Inc. (NYSE: VVV), a leading worldwide supplier of premium branded lubricants and automotive services, today released its 2018 Corporate Social Responsibility (CSR) Report. The foundational pillars of corporate social responsibility at Valvoline™ continue to center on its “People, Product and Planet” approach with a strategic focus on achieving continual improvement in citizenship, sustainability, and diversity and inclusion.
“From efforts to minimize environmental impacts, to actions that make our communities better, our success is powered by Valvoline team members around the globe,” CEO Sam Mitchell said. “We are proud to feature their hard work and innovative thinking in this year’s CSR report.”
The report, titled “Powered by People,” features perspectives from Valvoline team members who share the CSR progress the company made in 2018. Key highlights include:
- Achieving a Valvoline Instant Oil Change℠ (VIOC) injury rate 46 percent below the industry average.
- Reaching zero-landfill status at 59 percent of supply chain sites.
- Recycling 4.8 million pounds of materials.
- Being named one of the “Best Places to Work in Kentucky.”
- Increasing the number of diversity and inclusion-minded employee networking groups.
- Marking $60 million in diverse spend since 2016.
- Raising nearly $700,000 for charitable organizations in the United States.
- Growing the number of company-sponsored health clinics in India, helping more than 200,000 people.
“The CSR culture at Valvoline is driven by the power of our people,” said Gary Allen, Vice President, Environmental Health and Safety. “Our global team has embraced the three pillars of our CSR mindset by being leaders in citizenship, sustainability, and diversity and inclusion. Valvoline’s senior leaders are committed to running a company that embraces social responsibility as a core value, and our people make it happen.”
View Valvoline’s 2018 Corporate Social Responsibility Report at https://csr.valvoline.com.
About Valvoline™
Valvoline Inc. (NYSE: VVV) is a leading worldwide marketer and supplier of premium branded lubricants and automotive services with sales in more than 140 countries. Established in 1866, the company’s heritage spans more than 150 years, during which it has developed powerful brand recognition across multiple product and service channels. Valvoline ranks as the No. 3 passenger car motor oil brand in the DIY market by volume. It operates and franchises more than 1,300 quick-lube locations and is the No. 2 chain by number of stores in the United States under the Valvoline Instant Oil Change℠ brand and the No. 3 chain by number of stores in Canada under the Great Canadian Oil Change brand. It also markets Valvoline lubricants and automotive chemicals, including the new Valvoline™ Modern Engine Full Synthetic Motor Oil, which is specifically engineered to protect against carbon build-up in Gasoline Direct Injection (GDI), turbo and other engines manufactured since 2012; Valvoline High Mileage with MaxLife technology motor oil for engines over 75,000 miles; Valvoline Synthetic motor oil; and Zerex™ antifreeze. To learn more, visit www.valvoline.com.
™ Trademark, Valvoline or its subsidiaries, registered in various countries
℠ Service mark, Valvoline or its subsidiaries, registered in various countries
Investor and Media Relations:
Sean T. Cornett
+1 (859) 357-2798
scornett@valvoline.com
