VALLOUREC is a French multinational company that specializes in the production of steel pipes and tubes for various applications, including oil and gas exploration, power generation, and industrial processes. With a history that spans over a century, the company has established itself as a leading player in the pipe and tubular sector, with a global footprint that spans over 20 countries.

As the world transitions towards a low-carbon economy, VALLOUREC has been at the forefront of efforts to decarbonize its operations and support the transition to renewable energy. The company has set ambitious targets to reduce its carbon footprint, including a goal to achieve net-zero emissions by 2050. To achieve this, VALLOUREC has implemented a range of measures aimed at reducing its energy consumption and increasing the use of renewable energy sources.

One of the key initiatives that VALLOUREC has undertaken to support decarbonisation is the implementation of a corporate energy strategy. This strategy involves a comprehensive approach to managing energy use across the company's operations, including the adoption of energy-efficient technologies, the optimization of production processes, and the use of renewable energy sources. By reducing its energy consumption and increasing the use of renewable energy, VALLOUREC is able to reduce its carbon footprint and support the transition to a low-carbon economy.

Another important initiative that VALLOUREC has undertaken to support decarbonisation is the adoption of corporate power purchase agreements (PPAs). PPAs are long-term contracts between a company and a renewable energy provider, which guarantee the purchase of a specified amount of renewable energy at a fixed price. By entering into PPAs, VALLOUREC is able to secure a reliable and cost-effective source of renewable energy, which helps to reduce its carbon footprint and support the growth of the renewable energy sector.

In addition to these initiatives, VALLOUREC has also made significant investments in renewable energy projects. For example, the company has invested in wind farms in France and Spain, which provide a source of renewable energy for its operations. These investments not only help to reduce the company's carbon footprint but also support the growth of the renewable energy sector and contribute to the transition towards a low-carbon economy.

Overall, VALLOUREC is a company that is committed to supporting decarbonisation and the transition to renewable energy. Through its corporate energy strategy, adoption of PPAs, and investments in renewable energy projects, the company is taking concrete steps to reduce its carbon footprint and support the growth of the renewable energy sector. As the world continues to move towards a low-carbon economy, companies like VALLOUREC will play an important role in driving the transition and ensuring a sustainable future for all.