Vallourec

Vallourec, headquartered in France and operating in the furniture and other manufactured goods sector, has reported its carbon emissions and set climate commitments.

Emissions Data:

In 2025, Vallourec reported total global GHG emissions of approximately 7.62 billion kg CO2e. This comprised Scope 1 emissions of approximately 783 million kg CO2e, Scope 2 emissions (market-based) of approximately 16 million kg CO2e, and Scope 3 emissions of approximately 6.63 billion kg CO2e.

For 2024, total global emissions were approximately 7.44 billion kg CO2e, with Scope 1 at 900 million kg CO2e, Scope 2 (market-based) at 63 million kg CO2e, and Scope 3 at 6.54 billion kg CO2e.

In 2023, total emissions were approximately 7.82 billion kg CO2e, comprising Scope 1 at 943 million kg CO2e, Scope 2 (market-based) at 96 million kg CO2e, and Scope 3 at 6.81 billion kg CO2e.

In 2022, total emissions were approximately 9.10 billion kg CO2e, with Scope 1 at 1.03 billion kg CO2e, Scope 2 (market-based) at 153 million kg CO2e, and Scope 3 at 7.93 billion kg CO2e.

In 2021, total emissions were approximately 8.96 billion kg CO2e, including Scope 1 emissions of 1.05 billion kg CO2e, Scope 2 (market-based) of 162 million kg CO2e, and Scope 3 of 7.75 billion kg CO2e.

In 2020, total emissions were approximately 8.20 billion kg CO2e, with Scope 1 at 1.09 billion kg CO2e, Scope 2 (market-based) at 121 million kg CO2e, and Scope 3 at 6.99 billion kg CO2e.

In 2019, total emissions amounted to approximately 10.01 billion kg CO2e, including Scope 1 at 1.21 billion kg CO2e, Scope 2 (market-based) at 240 million kg CO2e, and Scope 3 at 8.56 billion kg CO2e.

In 2018, total emissions were approximately 11.66 billion kg CO2e, with Scope 1 at 1.32 billion kg CO2e, Scope 2 (market-based) at 436 million kg CO2e, and Scope 3 at 9.90 billion kg CO2e.

In 2017, Scope 1 emissions were approximately 1.12 billion kg CO2e, Scope 2 (market-based) at 510 million kg CO2e, and Scope 3 at 11.68 billion kg CO2e.

Climate Commitments and Reduction Targets:

Vallourec has committed to achieving carbon neutrality by 2050. The company aims to reduce the fossil and biogenic carbon footprint of its industrial activities (Scopes 1 and 2) by 20% in absolute terms by 2025, using 2017 as a base year. Furthermore, Vallourec has set a target to reduce its total Scope 1, 2, and 3 emissions by 25% by 2025, also from a 2017 base year. They also aim to reduce Scope 3 emissions from purchased goods and services by 45% per unit of value added by 2025, compared to 2017.

More recently, Vallourec has set a target to reduce its overall direct and indirect emissions (Scopes 1, 2, and 3) by 25% by 2030, relative to 2021 levels. Additionally, they aim to reduce the carbon footprint of their finished tubes by 30% by 2030 (or achieve 1.31 tCO2e/tonne of finished tubes) and by 35% by 2035 (or achieve 1.22 tCO2e/tonne of finished tubes), both compared to 2021.

Vallourec's climate targets have been assessed by the Science Based Targets initiative (SBTi), with their Scope 1 and 2 emissions reduction targets being aligned with keeping warming to well-below 2°C.