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Vallourec Aligns Carbon Emissions Reduction Targets

Steel News - Published on Mon, 29 Jun 2020

Image Source: Vallourec Carbon Emissions Reduction
Vallourec announced its ambitions in terms of reducing its direct and indirect carbon emissions by 2025, taking 2017 as a reference year. These objectives have been approved by the Science Based Targets initiative SBTi. In concrete terms, the Group, which is already a low emitter of greenhouse gases, is committed to eeduce its direct emissions by 20% & rReduce both direct and indirect emissions by 25%. A member of the Global Compact since 2010, Vallourec has adopted a solid CSR policy and is strongly committed to environmental protection. The quality of its commitments was recognized in 2019 by numerous rating agencies and by its classification in the CDP Climate A list, which places us among the 179 global companies distinguished in this respect.

The SBTi "Science based targets initiative" is an initiative supported by the Global Compact, the CDP, the WWF and the American think tank World Resources Institute, launched in 2015 to provide scientific proof, based on the work of the IPCC, of the compatibility of companies' carbon trajectories with the provisions of the Paris agreement. CDP Climate is the world authority on the evaluation of corporate carbon policies and reporting.

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Posted By : Yogender Pancholi on Mon, 29 Jun 2020
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