Vallourec SA 2018 IR
The report highlights Vallourec's performance and strategic transformation during 2018, showcasing a 4.6% increase in consolidated revenue to –3.9 billion, driven by the recovery of the Oil & Gas market, particularly in North America and Brazil. The company successfully exceeded its four-year gross savings target of –400 million two years early, achieving –445 million in cumulative savings by the end of 2018. In terms of sustainability, Vallourec reduced its accident frequency rate (TRIR) by 41% between 2014 and 2018, sourced 38% of its energy from renewable sources, and achieved a 95.5% waste recovery rate. Additionally, the Group launched its new digital services offering, Vallourec.smart, and committed to the Science Based Targets initiative to align its emissions pathway with the Paris Agreement.
Company: Vallourec SA
Sector: Manufacturing
Country: France
Year: 2018
Type: IR
Pages: 340
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Vallourec SA
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The report highlights Vallourec's performance and strategic transformation during 2018, showcasing a 4.6% increase in consolidated revenue to –3.9 billion, driven by the recovery of the Oil & Gas market, particularly in North America and Brazil. The company successfully exceeded its four-year gross savings target of –400 million two years early, achieving –445 million in cumulative savings by the end of 2018. In terms of sustainability, Vallourec reduced its accident frequency rate (TRIR) by 41% between 2014 and 2018, sourced 38% of its energy from renewable sources, and achieved a 95.5% waste recovery rate. Additionally, the Group launched its new digital services offering, Vallourec.smart, and committed to the Science Based Targets initiative to align its emissions pathway with the Paris Agreement.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Published
Mar 29, 2019
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees