Vallourec

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2015-2016

In its 2023 reporting, Vallourec disclosed greenhouse gas emissions of 7.7M tCO2e/year (2023). By scope: Scope 1: 925.0K tCO2e/year (2023); Scope 2: 96.0K tCO2e/year (2023); Scope 3: 6.7M tCO2e/year (2023). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
7.7M tCO2e/year (2023)
2023
⚡
Renewable Energy
38% (2023)
of total energy
💧
Water Usage
9.8M m3/year (2023)
2023
♻️
Waste
15.9K tons/year (2023)
2023
⚙️
Energy Use
5.7K GWh/year (2023)
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).925.0K tCO2e/year (2023)
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.96.0K tCO2e/year (2023)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).6.7M tCO2e/year (2023)

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
20237.7M tCO2e/year (2023)
2015-2016402.3K tCO2/year

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce water consumption by 10% per metric ton processed by 2025 (compared to 2017).
  • Achieve 98% waste recovery rate by 2025.

📅 Medium-term

  • Reduce CO2 intensity of products sold by 30% by 2030 (compared to 2021).
  • Reduce CO2 intensity of products sold by 35% by 2035 (compared to 2021).

🔭 Long-term

  • Achieve carbon neutrality by 2050.

🌱 ESG Focus Areas

Climate ChangeWater ManagementWaste ManagementBiodiversityHealth and SafetyDiversity and InclusionBusiness Ethics and ComplianceResponsible ProcurementHuman Rights

⚠️ Challenges & Risks +

  • Supply chain disruptions due to climate events (Hurricane Ida, flooding at Pau Branco mine).
  • Rising energy costs.
  • Water scarcity risks.
  • Risks related to changes in regulations and standards (EU ETS, CBAM).
  • Stakeholder demands for improved environmental performance.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI, TCFD, UN Global Compact, SBTi
Assurance: Independent third-party assurance provider (details in Appendix 2)