Vallourec has announced the renewal of its Platinum medal from EcoVadis, achieving a score of 86 out of 100. This performance solidifies its position within the top 1% of companies worldwide assessed by the global CSR rating specialist.
'This result reflects the maturity and steady progress of the Group, which has seen an 8-point increase over three years compared to its score of 78 in 2023', highlighted the French seamless tube manufacturer.
To date, over 130,000 companies globally have been evaluated by EcoVadis, whose methodology focuses on four fundamental pillars: environment, labor & human rights, ethics, and sustainable procurement.
EcoVadis ratings are based on international sustainability standards, providing a fact-based analysis of performance along with a concrete roadmap to guide continuous improvement.
Vallourec is a world leader in the production of non-welded steel tubes and specialized tube products for industrial applications. Net sales (including intragroup) break down by activity as follows:
- tube manufacturing (87.3%). Net sales break down by market between oil, gas and petrochemical industries (83.8%), mechanical, automotive and construction industries (9.1%) and electrical energy (7.1%).
- mining and forestry (8.4%);
- other (4.3%).
Net sales (tube activity) are distributed geographically as follows: Europe (4.2%), North America (40.6%), the Middle East (22.1%), South America (15.9%), Asia (10.8%) and other (6.4%).
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Investor
Investor
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Global
Global
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Quality
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ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.
