For Immediate Release: Wednesday, October 5, 2022
NOIA Contact: Justin Williams, (202) 465-8464 | firstname.lastname@example.org
Vallourec Wins Inaugural NOIA Environmental, Social, & Governance Excellence Award
The National Ocean Industries Association has named Vallourec as the winner of the inaugural NOIA Environmental, Social, & Governance (ESG) Excellence Award. The NOIA ESG Excellence Award highlights and recognize those who, by their actions, design, or influence, are contributing to the advancement of the ideals embodied by the NOIA ESG Principles and the NOIA Climate Change Principle.
NOIA President Erik Milito congratulates Vallourec, saying, “The offshore industry is an essential component of an energy system that serves to lift society. Vallourec is a reflection of how NOIA membership strives to be the best neighbor while supporting the development of all forms reliable, responsible, and affordable domestic energy supplies. We congratulate Vallourec on their well-earned recognition and thank all the entrants. The NOIA ESG Excellence Award highlights just one part of the cycle of innovation and improvement our industry embraces.”
Vallourec is recognized for the NOIA ESG Excellence Award through their strong commitment to ESG performance. They have deployed a holistic approach that is supported across the organization. The Vallourec ESG roadmap is a proactive approach that prioritizes measurable, third party validated impacts and targets, communication with employees and stakeholders, building trust with communities, along with teamwork and innovation.
Bertrand Frischmann, Senior Vice President, Vallourec North America says, “We are honored to be recognized as the first recipient of NOIA’s Environmental, Social and Governance Excellence Award. This award demonstrates our long-standing commitment to the principles of ESG and our continued pledge to ensure we are doing the right thing for our environment, our communities, and our employees.”
The award-winning entry from Vallourec was evaluated by an independent panel of experts from FTI Consulting, Pickering Energy Partners, Cornerstone Government Affairs, and an independent industry expert. NOIA received applications from a diverse cross-section of NOIA membership, highlighting the support for ESG performance among the full ecosystem of companies involved in the offshore energy sector.
2022 marked the first year of the NOIA ESG Excellence Award competition. The NOIA ESG Excellence Award competition is open to any offshore service or supply company that is in good standing with NOIA.
Vallourec is a world leader in premium tubular solutions for the energy markets and for challenging industrial applications such as oil and gas wells in harsh environments, new generation power plants, daring architectural projects, and high-performance mechanical equipment. Vallourec's pioneering spirit and cutting-edge R&D continually open new technological frontiers. Operating in more than 20 countries, its 19,000 dedicated and passionate employees work hand-in-hand with their customers to offer more than just tubes: they deliver innovative, safe, competitive and smart tubular solutions to make every project possible.
About NOIA & the NOIA ESG Network
The National Ocean Industries Association (NOIA) represents and advances a dynamic and growing offshore energy industry, providing solutions that support communities and protect our workers, the public and our environment.
The NOIA Environmental, Social, & Governance (ESG) Network is a programmatic effort to share and develop best practices across the offshore energy industry. From top to bottom, NOIA members are already embracing ESG principles as dedicated stewards of the environment and of local communities, and the ESG Program unifies and align their efforts. Through innovation, best ESG practices and new technology, our can industry can solve environmental and climate challenges facing society.