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's GHG Emissions Data Preview

In 2023, Vallourec completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Vallourec has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Vallourec amounted to 1,285,691 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Vallourec decreased by 17.53%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Vallourec's Scope 1 Emissions Over Time

2018201920202021202220230350 k700 k1.05 M1.4 MtCO2e-8%-10%-2%-6%-8%
  • Total Scope 1
  • Year-over-Year Change

What are Vallourec's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Vallourec were 924,691 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Vallourec reduced its Scope 1 emissions over time?

Since 2018, Vallourec's Scope 1 emissions have decreased by 30.05%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Vallourec's Scope 1 emissions decreased by 8.36%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Vallourec's Scope 2 emissions?

In 2023, Vallourec reported Scope 2 greenhouse gas (GHG) emissions of 95,966 tCOâ‚‚e using the market-based method, and 361,000 tCOâ‚‚e using the location-based method.

Has Vallourec reduced its Scope 2 emissions over time?

Since 2018, Vallourec's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 39.53%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Vallourec's Scope 2 emissions (Location-Based) fell by 34.36% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Vallourec use for Scope 2 reporting?

In 2023, Vallourec reported its Scope 2 emissions using the market-based method and using the location-based method.

Vallourec's Scope 2 Emissions Over Time

2018201920202021202220230150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Vallourec's Value Chain Emissions

In 2023, Vallourec reported 6,716,852 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Vallourec includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Vallourec's Scope 3 Emissions Over Time

20182019202020212022202302.5 M5 M7.5 M10 MtCO2e-13%-18%+6%+4%-13%
  • Total Scope 3
  • Year-over-Year Change

What are Vallourec's Scope 3 emissions?

In 2023, Vallourec reported total Scope 3 emissions of 6,716,852 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 30.86% of these emissions originated from upstream activities such as purchased goods and capital goods, while 69.14% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Vallourec reduced its Scope 3 emissions over time?

Since 2018, Vallourec's Scope 3 emissions have decreased by 32.13%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Vallourec's Scope 3 emissions decreased by 12.64%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Vallourec disclose?

In 2023, Vallourec reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Vallourec's Scope 3 emissions?

In 2023, the largest contributors to Vallourec's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 4,572,052 tCOâ‚‚e (68.37%)
  • Purchased Goods and Services (Cat. 1): 1,555,336 tCOâ‚‚e (23.26%)
  • Downstream Transportation and Distribution (Cat. 9): 150,380 tCOâ‚‚e (2.25%)

Vallourec's Scope 3 Emissions by Categories

DownstreamTransportation andDistribution(Cat. 9)(2.2%)Use of Sold Products(Cat. 11)(68.4%)Purchased Goods andServices (Cat. 1)(23.3%)

Insights into Vallourec's Total Carbon Footprint

In 2023, Vallourec reported a total carbon footprint of 8,002,543 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 13.47% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Vallourec's total carbon footprint was Scope 3 emissions, accounting for 83.93% of the company's total carbon footprint, followed by Scope 1 emissions at 11.55%.