Valero 2007 Annual Report Download - page 16
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Please find page 16 of the 2007 Valero annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.Valero’s commitment to occupational safety is reected in the
company’s recordable incident rate, which has consistently
been among the best in the industry. In 2007, its rening system
achieved a total recordable incident rate (TRIR) that was 12
percent better than the three-year industry average reported
by the National Petrochemical & Reners Association (NPRA).
Valero’s lost time incident rate improved by 27 percent over
the previous year. Valero also works closely with its contract
workforce to ensure high safety standards and, as a result,
the contractor TRIR for 2007 was 26 percent better than the
previous year.
Valero’s health and safety program is successful because it
is developed, supported and carried out by all employees, from
executive management to the newest hire. As a result, Valero has
received consistent recognition and awards from national safety
investing
INsafety
organizations and from industry peers, including the NPRA.
Valero’s investment in safety runs so deep that the company
has committed all of its reneries to achieving certication
through OSHA’s Voluntary Protection Program (VPP). Earning
certication is a rigorous and complex process designed to
ensure that only the best safety programs qualify – and Valero’s
safety program does, time and time again.
Eleven of Valero’s reneries have achieved VPP Star Site
certication, which is signicant considering that only 24 out of
149 reneries in the U.S. have earned this prestigious designation.
The company’s remaining reneries are on track to earn the
certication in the coming years.
Occupational safety, however, is not enough. In 2007, Valero
invested in the development of a strong Process Safety
Management (PSM) initiative, focused on identifying and