About NuStar Continuing Sustainability Excellence in 2022
Continuing Sustainability Excellence in 2022
In 2022, we once again served our communities by delivering the energy needed to keep America running. Our more than 20 years of dedication to serving our communities positions us to meet future energy challenges.
Company Overview
NuStar Energy L.P. is headquartered in San Antonio, Texas and is one of the largest independent liquids terminal and pipeline operators in the nation, responsibly storing and distributing refined products, crude oil, renewable fuels, ammonia and other liquids. As of December 31, 2022, NuStar had 1,167 employees and operated approximately 9,500 miles of pipeline and 63 terminal and storage facilities with a combined system comprising roughly 49 million barrels of storage capacity, primarily in the United States.
NuStar’s years of dedication to community, sustainability and resilience is a result of our strong corporate culture, which reflects the vision and leadership of our Chairman Emeritus, Bill Greehey, and NuStar’s nine Guiding Principles.
Our Guiding Principles are the foundation of everything we do: how we treat each other, the environment, our communities, our customers and business partners. As a result of our strong culture and our Guiding Principles, NuStar has received numerous awards including being named to FORTUNE Magazine’s “100 Best Companies to Work For” list 13 times, FORTUNE Magazine’s “Best Workplaces for Millennials” list five times, “Best Places for Working Parents” three times and Latino Leader Magazine’s “Best Companies for Latinos to Work” list three times.
In addition, NuStar was recognized on Newsweek’s 2023 list of “America’s Most Trustworthy Companies.” We have also been awarded the International Liquid Terminals Association’s (ILTA) Safety Excellence Award 13 times. Our commitment to making a difference not only ensures that NuStar continues to provide our communities with safe, reliable and affordable access to fuels, but that we continue to support our employees and build value for our investors. While we are proud of the many honors and awards we have received, we are even prouder of the work we do every day: safely and reliably supplying the energy that fuels modern life, contributing to our communities in the markets we serve and building value for our unitholders
NuStar’s Guiding Principles
SAFETY
Take care of yourself, others and the environment.
INTEGRITY
Be honest at all times.
COMMITMENT
Work hard and take responsibility.
MAKE A DIFFERENCE
Make a difference in your job and your community.
TEAMWORK
Be helpful and seek help from others when you need it.
RESPECT
Be respectful of others at all times.
COMMUNICATION
Make sure people know what they need to know and when they need to know it.
EXCELLENCE
Expect the best from yourself and from each other.
PRIDE
Take great pride in everything you do.
Operations Map
As of December 31, 2022, NuStar operated in the United States and Mexico as shown on the map below:
Our Continuing Tradition of Sustainability
NuStar is committed to maintaining our 20-plus year record of sustainability excellence. This Sustainability Report represents our ongoing commitment to environmental, social and governance (ESG) excellence.
In 2019, we formed an ESG Task Force to focus on sustainability reporting and build upon our best practices. In 2020, we created our Sustainability Working Committee to enhance our sustainability disclosures. This committee includes representatives from Environmental, Safety, Human Resources, Corporate Communications, Investor Relations, Legal, Operations, Accounting, Business Development, Internal Audit and other departments. In 2021, we published our inaugural Sustainability Report, and last year, we added GHG emission metrics to our Sustainability Report. We continue to promote our commitment to ESG excellence in alignment with our strategic goals in 2022.
This Sustainability Report continues to highlight NuStar’s performance and is informed by guidance from the Energy Infrastructure Council (EIC) and the Sustainability Accounting Standards Board (SASB). Unless otherwise noted, all information, data, and metrics in this report reflect our worldwide operations as of December 31, 2022. For any questions regarding our Sustainability Report and performance, please contact NuStar at Sustainability@NuStarEnergy.com.
2022 Highlights and Economic Impact
Program (VPP) certified
Member of The Environmental Partnership[1]
Earned the ILTA’s Safety Excellence Award, 2022
Best Companies to Work For in Texas by Fortune Magazine, 2022
Best Workplaces for Parents, 2022
Best Companies for Latinos to Work by Latino Leaders Magazine, 2022
[1]The Environmental Partnership includes companies in the U.S. oil and natural gas industry committed to continuously improve the industry’s environmental performance.
