Vallourec
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 57 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Vallourec's reported carbon emissions
In 2023, Vallourec reported total carbon emissions of approximately 7,738,000,000 kg CO2e, with Scope 1 emissions at about 925,000,000 kg CO2e, Scope 2 emissions at approximately 96,000,000 kg CO2e (market-based), and Scope 3 emissions reaching about 6,717,000,000 kg CO2e. This marks a significant reduction from previous years, as emissions were approximately 8,843,000,000 kg CO2e in 2022 and 8,613,000,000 kg CO2e in 2021. Vallourec has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 20% and Scope 3 emissions by 25% by 2025, using 2017 as the base year. Additionally, they target a 45% reduction in Scope 3 emissions from purchased goods and services per unit of value added by the same year. Overall, Vallourec is committed to a 25% reduction in total emissions across all scopes by 2025, which includes biogenic emissions and removals from bioenergy feedstocks. These targets align with the Science Based Targets initiative (SBTi) and are classified as consistent with efforts to limit global warming to well below 2°C. Vallourec's proactive approach reflects its commitment to sustainability and reducing its carbon footprint in the mining and metals sector.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 1,124,000,000 | 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Vallourec is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
