Vallourec
Performance Score
The decrease in emissions observed in 2022 compared to 2021 is in line with the trajectory of the new targets set by Vallourec, of -30% and -35% of CO2eq/t of tubes sold for 2030 and 2035 respectively compared to 2021. However, Vallourec has not set itself a medium- and long-term emission reduction target. Only the reduction targets for 2025 are broken down by scope of emissions. In view of its low proportion of scope 1 emissions, Vallourec could specify these future targets in relation to the absolute scope of emissions.
In 2022, 952 suppliers were assessed in terms of CSR, i.e. 71% of expenditure. Vallourec could detail the evaluations carried out on the suppliers.
In 2022, the balance sheet of all mass flows at Vallourec's industrial sites shows that 88 of outgoing flows are recyclable. However, the internal recycling rate of scrap metal is only 17% in 2022 compared to 18% in 2021.
Narrative Score
To achieve its 2035 emission reduction target, Vallourec has identified its three levers of action: technological, influence on the upstream value chain and development of new markets. Vallourec could further specify the implementation of its levers in its current business model.
Trend score
A factor of "=" is preferred for the trend score given the evolution of the company's emissions trend.
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