Vallourec SA

Common Name
Vallourec
Country
France
Sector
Basic Materials
Industry
Steel
Employees
15,766
Ticker
VK
Exchange
EURONEXT
Description
Vallourec S.A. is a multinational manufacturing company headquartered in Meudon, France, specializing in the production of hot-rolled seamless steel tubes and welded tubular solutions. Founded in 1899...

Vallourec EU Taxonomy Data Preview

In 2024, Vallourec was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.

The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.

Vallourec has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Vallourec are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.

Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Turnover
0000000
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0000000
Total Taxonomy Eligible A Turnover
0000000
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0000000
Total Taxonomy Non-Eligible B Turnover
0000000
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0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Opex
0000000
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0000000
Total Taxonomy Eligible A Opex
0000000
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0000000
Total Taxonomy Non-Eligible B Opex
0000000
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0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Capex
0000000
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0000000
Total Taxonomy Eligible A Capex
0000000
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Total Taxonomy Non-Eligible B Capex
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This table provides a simplified preview of selected EU Taxonomy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Vallourec's Revenues from Sustainable Activities

In 2024, Vallourec reported EU Taxonomy-eligible revenues of EUR 3.79 billion, representing 94% of its total turnover. Of this amount, EUR 0 of Vallourec's revenues was classified as EU Taxonomy-aligned, indicating that 0% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).

Insights into Vallourec's CAPEX from Sustainable Activities

In 2024, Vallourec reported EU Taxonomy-eligible CAPEX of EUR 141.70 million, representing 72.8% of its total CAPEX. Of this amount, EUR 6.30 million of Vallourec's CAPEX was classified as EU Taxonomy-aligned, indicating that 3.2% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).

Vallourec's Taxonomy-Eligible Capex Over Time

2022202320240%25%50%75%100%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

Have Vallourec's increased its investment in sustainable activities over time?

Since 2022, Vallourec's taxonomy-aligned capital expenditure (CAPEX) increased by 60%, pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.

Compared to the previous year (2023), Vallourec's taxonomy-aligned CAPEX decreased by 58.97%, suggesting that Vallourec may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.

How much of Vallourec's capital expenditure (CAPEX) is eligible under the EU Taxonomy?

In 2024, Vallourec reported that EUR 141.70 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 72.8% of the company's total CAPEX. Of this amount, EUR 6.30 million (3.2% of total CAPEX) was classified as Taxonomy-aligned. This means that 69.5% of Vallourec's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).

How much of Vallourec's eligible CAPEX is aligned with the EU Taxonomy?

In 2024, Vallourec reported that EUR 6.30 million of its CAPEX was aligned under the EU Taxonomy, representing 3.2% of its total capital investment.

This low alignment reflects that Vallourec is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.

Vallourec's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Capex(27.2%)Total TaxonomyAligned A1 Capex(3.2%)Total TaxonomyEligible but NotAligned A2 Capex(69.6%)

Vallourec's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%20%40%60%80%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

How is Vallourec's taxonomy-aligned CAPEX distributed across the EU environmental objectives?

In 2024, Vallourec reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 2.8%
  • Climate Change Adaptation: 0.4%
  • Sustainable Use and Protection of Water and Marine Resources: 0%
  • Transition to a Circular Economy: 0%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

How much Vallourec is investing in climate-related solutions?

In 2024, Vallourec allocated EUR 6.23 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 3.2% of the company's total capital expenditure, indicating that Vallourec has only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.

Insights into Vallourec's OPEX from Sustainable Activities

In 2024, Vallourec reported EU Taxonomy-eligible OPEX of EUR 0, representing 0% of its total operating expenses (OPEX). Of this amount, EUR 0 of Vallourec's OPEX was classified as EU Taxonomy-aligned, indicating that 0% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).