Demonstrating our commitment to environmental stewardship, in FY24 Valvoline Inc. joined the U.S. Environmental Protection Agency’s (EPA) Green Power Partnership. This initiative recognizes organizations that voluntarily use green power to reduce the environmental impact of conventional electricity consumption. By investing in green power from certified renewable sources, such as wind, solar, biogas, and geothermal, we are taking a significant step in our sustainability journey. As a result of these efforts, Valvoline Inc. was recognized as a Top 30 Retail Partner by the EPA for our leadership in supporting clean energy.
In FY24, we purchased Green-e® certified Renewable Energy Certificates (RECs) from renewable energy projects that began operating in the United States within the last 15 years. These purchases matched 16% of our total electricity consumption, amounting to over 7 million kilowatt-hours of green power: equivalent to the annual electricity usage of more than 700 average American homes. These initiatives are part of our broader efforts to reduce GHG emissions and foster the renewable energy economy.
Valvoline Inc. uses licensed third-party vendors to collect our waste oil from our service centers across the U.S. and Canada for recycling. Waste oil recycling involves the process of collecting, re-refining, and repurposing used oil to prevent environmental contamination and conserve resources.
Initially, used oil is collected from various sources such as automotive shops, factories, and households. Then, it undergoes filtration and purification to remove impurities, contaminants, and water. The re-refined oil can be reused as lubricants, fuel for industrial furnaces, or as a base for manufacturing new products like asphalt or plastics.
Recycling waste oil not only minimizes the environmental impact of our business, but also contributes to the circular economy by extending the lifespan of valuable resources. Through proper recycling methods, waste oil can be transformed into a valuable commodity, reducing reliance on virgin oils, and mitigating the harmful effects of improper disposal. In FY24, we recycled 18,819,551 gallons of waste oil from oil change services performed at our company-owned VIOC and GCOC service center locations. We have focused on improving our processes for waste oil collection and containment in our service centers, and these efforts coupled with establishing new vendor relationships in select locations have helped to increase the amount of waste oil we’re able to refine; 100% of the waste oil from oil change services performed at our service centers is able to be re-refined*.
*Claims are specific to company-owned service centers.
Our supply chain has a mature waste management program that is based on source reduction, reuse, recycling, and secure disposal. Our company-owned and operated service center locations recycle just about every product used in our core service offerings, including but not limited to, motor oils, oil filters, vehicle batteries, and antifreeze. In FY24, we diverted 561 tons* of standard trash from landfill, and we’ll continue to focus on embedding principals of circularity into the way we operate our business.
* Includes waste from company-owned U.S. service centers and Valvoline Inc. headquarters only.
** Recycled materials totals for battery cores and oil filters include data from company-owned and franchise service center locations.
***Company-owned U.S. stores only.