Valvoline Establishes ESG and Equality Council to Support Continued Progress on Sustainabilty, DE&I and Governance Matters
Valvoline Inc. (
NYSEVVV), a trusted leader in preventive automotive maintenance delivering quick and convenient service, today announced that it has established an internal ESG and Equality Council (the “Council”) to guide and support the Company’s continued progress on Environmental, Social and Governance (“ESG”) initiatives as it transitions into a pure-play retail services business. The creation of the Council follows the Company’s constructive discussions with Chicane Capital Management, LP, (“Chicane”), the investment manager to current Valvoline shareholder, Chicane Opportunities Fund, LP.
