Vision – Sustainability
World leader in premium tubular solutions—this status carries significant social responsibility with it. We must rise to the challenges that we face every day with our stakeholders.
Our duty toward employees, shareholders, customers, and suppliers is to define the highest standards for corporate social responsibility. At Vallourec, this continuous commitment structures our work and serves as a way to make a difference.
Context & Challenges
Context & Challenges
Aware of our social and environmental responsibilities, we are pursuing a proactive policy, based on our convictions, to minimize the impact of our activities on the environment and the communities living near our industrial facilities.
Our approach is formalized in the Group’s Sustainable Development Charter.
Our commitments in these areas have been reflected for more than ten years in the signing of numerous international agreements and partnerships:
Today, we are ready to accelerate the pace to go even further, by making each of our employees aware of the values of sustainability at all levels of the company.
Our ambitions
Our ambitions
Our daily actions are influenced by three priorities:
- Improving the energy efficiency of our equipment and reducing carbon emissions from our production processes
- Limiting the use of natural resources and using safe, clean technology
- Respecting our environment and protecting biodiversity by preventing all types of pollution, reducing water consumption, recycling, and reducing disturbance
To track progress, we measure and monitor our performance in each country to comply with regulations, improve environmental performance and mitigate environmental risks.
An action plan has been defined to achieve these objectives. It has been approved by Vallourec’s Executive Committee:
In 2021, the Group strengthened its commitments on the UN Sustainable Development Goals for 2030, and aligned its objectives to make an active contribution to work in this direction.
Governance
Governance
In 2018, the Board of Directors set up a special CSR Committee to assist it with issues regarding corporate social responsibility strategy. This committee is tasked with regular review of Group strategy on climate, environment, social and societal challenges, along with the ensuing non-financial risks and opportunities regarding its business, in order to promote long-term, responsible and harmonious value creation.
This committee has been maintained, despite the changes in governance, demonstrating the involvement at the highest level of our company.
In september 2022, Vallourec’s new management team strengthened its CSR governance by forming a CSR Committee, composed of all Executive Committee members, organized as below:
Non-financial performance
Non-financial performance
Vallourec’s initiatives in terms of Environmental, Social and Governmental criteria are widely recognized and, as such, receive high marks each year, rewarding our efforts and our approach and positioning us among the best in our sector.
