Vallourec is committed to the Global Compact
Vallourec has made an undertaking to promote and uphold the ten fundamental principles of the United Nations compact relating to basic human and labour rights, environmental protection and anti-corruption.
Signing up to the Global Compact illustrates the Group's determination to enhance its efforts relating to ethics, labour relations and the environment. The sustainable development report describes Vallourec's ambitious objectives and outlines the practical progress achieved by the Group's 22,000 employees.
In 2010, the Group is focusing on behavioural best practices, by rolling out safety enhancement initiatives (Cap Ten Safe project) and implementing a code of ethics.
Find out more about the United Nations Global Compact
Reconciling social, environmental and economic performance
The Vallourec Group is committed to Sustainable Development, conscious of the responsibilities which this implies:
- Social responsibility towards our employees and the communities in which we operate
- Environmental responsibility to limit the impact of its activity on the environment by reducing water consumption, energy consumption, greenhouse gas emissions and waste
- Economic responsibility to ensure the company's long-term viability, strengthening its ability to compete and developing the conditions necessary for growth in order to create long term value for shareholders and stakeholders
All these elements are inter-related, and integrated into Vallourec's management system.
Vallourec’s Code of Ethics sets out the fundamental values and principles that the men and women working for Vallourec share, across the diversity of their cultures and experience.
Vallourec’s policy is expressed in its Sustainable Development Charter.