Vallourec Sustainability Profile
Vallourec, a global leader in premium tubular solutions, is headquartered in France and operates extensively across Europe, North America, and Asia. Founded in 1853, the company has established itself in the steel industry, specialising in the production of seamless steel tubes and pipes for the energy, industry, and construction sectors. Vallourec's core offerings include high-performance steel tubes designed for oil and gas applications, as well as innovative solutions for renewable energy projects. Their commitment to quality and sustainability sets them apart in a competitive market. With a strong focus on research and development, Vallourec has achieved significant milestones, positioning itself as a trusted partner for major industrial players worldwide.
DitchCarbon Score
How does Vallourec's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Furniture Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Vallourec's score of 64 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Vallourec's reported carbon emissions
In 2023, Vallourec reported total carbon emissions of approximately 7,737,509,000 kg CO2e. This figure includes 924,691,000 kg CO2e from Scope 1 emissions, 95,966,000 kg CO2e from Scope 2 emissions (market-based), and a significant 6,716,852,000 kg CO2e from Scope 3 emissions, primarily from purchased goods and services, which accounted for about 1,490,000,000 kg CO2e. Vallourec has set ambitious climate commitments, aiming for a 20% reduction in absolute Scope 1 and 2 emissions by 2025, using 2017 as the base year. Additionally, the company targets a 25% reduction in absolute Scope 3 emissions by the same year. Notably, Vallourec also aims to reduce Scope 3 emissions from purchased goods and services by 45% per unit of value added by 2025. Looking towards the long term, Vallourec is committed to achieving net-zero emissions across all scopes by 2050, with initiatives involving all operational and functional departments to contribute to a carbon-neutral world. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect Vallourec's commitment to addressing climate change and reducing its carbon footprint in the mining and metals sector.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 1,948,179,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 |
| Scope 2 | 510,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | 11,679,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Vallourec's Industry?
How Carbon Intensive is Vallourec's Location?
Vallourec's Scope 3 Categories Breakdown
Vallourec's Scope 3 emissions, which decreased by 13% last year and decreased by approximately 42% since 2017, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the primary emissions source at 22% of Scope 3 emissions.
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Vallourec's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Vallourec has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Vallourec's sustainability data and climate commitments