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, comprising 924,691,000 kg CO2e from Scope 1, 95,966,000 kg CO2e from Scope 2 (market-based), and about 6,716,852,000 kg CO2e from Scope 3 emissions. This represents a significant increase from 2022, where total emissions were approximately 8,843,000,000 kg CO2e, with Scope 1 emissions at 1,605,092,000 kg CO2e and Scope 3 emissions at 7,689,000,000 kg CO2e. Vallourec has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 20% by 2025 from a 2017 baseline. Additionally, the company targets a 25% reduction in absolute Scope 3 emissions, including a 45% reduction in emissions from purchased goods and services per unit of value added by 2025. These targets are aligned with the Science Based Targets initiative (SBTi) and are classified as consistent with keeping global warming well below 2°C. Furthermore, Vallourec has committed to achieving net-zero emissions across all scopes by 2050, with a comprehensive approach involving all operational and functional departments. This long-term goal reflects the company's dedication to contributing to a carbon-neutral world. Overall, Vallourec's emissions data and climate commitments underscore its proactive stance in addressing climate change and reducing its carbon footprint in the steel and metal industry.
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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