LEXINGTON, Ky., July 27, 2021 /PRNewswire/ -- Valvoline Inc.
(NYSE: VVV), a leading provider of automotive services and premium
branded lubricants, has released its 2020 Corporate Social
Responsibility (CSR) report. The foundational CSR pillars at
Valvoline™ center on its "Three V's" – Values, Vow, and Vision –
with a strategic focus in three main areas: citizenship,
sustainability, and diversity, equity and inclusion.
"Our latest CSR report helps demonstrate the ways in which we
delivered for our customers, achieved tremendous results, and made
significant progress toward realizing our vision for the company,
all through the many challenges 2020 brought," CEO Sam Mitchell said. "I have never been more proud
to work alongside the 8,800 people who make up our team."
The new report documents Valvoline's efforts and progress in
creating value beyond premium branded automotive products for its
broad stakeholder base. Key metrics and highlights from 2020
include:
- Achieving a Valvoline Instant Oil Change℠ (VIOC) injury rate 24
percent below the industry average.
- Reaching zero-landfill status at 67 percent of supply chain
sites.
- Recycling 5.1 million pounds of materials.
- Once again being named one of the "Best Places to Work in
Kentucky."
- Reaching $96 million in diverse
supplier spend since 2016.
- Raising nearly $700,000 for
charitable organizations.
- Continuing to advance the proliferation of environmentally
friendly consumer alternatives such as hybrid and electric
vehicles.
- Promoting 100 percent of our VIOC service center managers from
within.
"Valvoline's CSR journey is an ever-evolving process that is
significantly informed by stakeholder engagement efforts," said
Gary Allen, Vice President,
Environmental Health and Safety. "We remain committed to our
company's fundamental values – including those of corporate social
responsibility – while displaying the flexibility to effectively
meet the expectations of our customers, team members, communities,
and investors."
View Valvoline's 2020 Corporate Social Responsibility Report at
https://csr.valvoline.com.
About Valvoline™
Valvoline Inc. (NYSE: VVV) is a
leading provider of automotive services and marketer and supplier
of premium branded lubricants worldwide, with sales in more than
140 countries. Established in 1866, the Company's heritage spans
more than 150 years, during which time it has developed powerful
brand recognition across multiple product and service channels.
Valvoline operates and franchises more than 1,500 quick-lube
locations and is the No. 2 chain by number of stores in
the United States under the
Valvoline Instant Oil ChangeSM brand and the No. 3 chain
by number of stores in Canada
under the Valvoline Great Canadian Oil Change brand. It also
markets Valvoline lubricants and automotive chemicals, including
Valvoline EV Performance Fluids; Valvoline Hybrid Vehicle
Full Synthetic motor oil; Valvoline High Mileage with MaxLife
technology motor oil for engines over 75,000 miles; Valvoline
Advanced Full Synthetic motor oil; Valvoline Premium Blue™
heavy-duty motor oil; Valvoline Multi-Vehicle Automatic
Transmission Fluid; and Zerex™ antifreeze. To learn more, visit
www.valvoline.com.
TM Trademark, Valvoline or its subsidiaries,
registered in various countries
SM Service mark, Valvoline or its subsidiaries,
registered in various countries
FOR FURTHER INFORMATION
Michele Gaither Sparks
Sr. Director, Corporate Communications
+1 (859) 230-8079
michele.sparks@valvoline.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/valvoline-releases-its-2020-corporate-social-responsibility-csr-report-301341598.html
SOURCE Valvoline Inc.