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<br /> Sustainability<br /> Report<br /> 2015<br /> <br /> Index 02 Introduction<br /> 04 Tenaris at a glance<br /> 06 Chairman’s Letter<br /> 08 QHSE Policy<br /> 11 Governance and Economic Indicators<br /> 15 Safety and Health<br /> 19 Environment<br /> 27 Innovation<br /> 31 Human Resources<br /> 43 Community Development<br /> Sustainability Report 2015<br /> Introduction<br /> Introduction Our values represented in action<br /> Tenaris is a leading global manufacturer and supplier of steel pipe products and related<br /> services for the world’s energy industry and other industrial applications. Our customers<br /> include most of the world’s leading oil and gas companies, and we operate an integrated<br /> network of steel pipe manufacturing, research, finishing and service facilities with industrial<br /> operations in the Americas, Europe, the Middle East, Asia and Africa and a direct presence<br /> in most major oil and gas markets.<br /><a title="Sustainability Report 2015 page 1" href="http://viewer.zmags.com/publication/c930833d?page=1"> Sustainability Report 2015</a> <a title="Sustainability Report 2015 page 2" href="http://viewer.zmags.com/publication/c930833d?page=2"> </a> <a title="Sustainability Report 2015 page 3" href="http://viewer.zmags.com/publication/c930833d?page=3"> Index 02 Introduction 04 Tenaris</a> <a title="Sustainability Report 2015 page 4" href="http://viewer.zmags.com/publication/c930833d?page=4"> Sustainability Report 2015 Introduction </a> <a title="Sustainability Report 2015 page 5" href="http://viewer.zmags.com/publication/c930833d?page=5"> Key indicators 2011-2015 3 Our In</a> <a title="Sustainability Report 2015 page 6" href="http://viewer.zmags.com/publication/c930833d?page=6"> Sustainability Report 2015 Global organization </a> <a title="Sustainability Report 2015 page 7" href="http://viewer.zmags.com/publication/c930833d?page=7"> Tenaris Sales by Region Asia Pacific 4% Middle E</a> <a title="Sustainability Report 2015 page 8" href="http://viewer.zmags.com/publication/c930833d?page=8"> Sustainability Report 2015 Chairman´s Letter </a> <a title="Sustainability Report 2015 page 9" href="http://viewer.zmags.com/publication/c930833d?page=9"> Tenaris </a> <a title="Sustainability Report 2015 page 10" href="http://viewer.zmags.com/publication/c930833d?page=10"> Sustainability Report 2015 QHSE Policy Q</a> <a title="Sustainability Report 2015 page 11" href="http://viewer.zmags.com/publication/c930833d?page=11"> 9 Tenaris recognizes the importance of </a> <a title="Sustainability Report 2015 page 12" href="http://viewer.zmags.com/publication/c930833d?page=12"> </a> <a title="Sustainability Report 2015 page 13" href="http://viewer.zmags.com/publication/c930833d?page=13"> Governance and Economic Indicators</a> <a title="Sustainability Report 2015 page 14" href="http://viewer.zmags.com/publication/c930833d?page=14"> Sustainability Report 2015 Governance and Economi</a> <a title="Sustainability Report 2015 page 15" href="http://viewer.zmags.com/publication/c930833d?page=15"> Tenaris </a> <a title="Sustainability Report 2015 page 16" href="http://viewer.zmags.com/publication/c930833d?page=16"> Sustainability Report 2015 Governance and Economi</a> <a title="Sustainability Report 2015 page 17" href="http://viewer.zmags.com/publication/c930833d?page=17"> 15 Safety and Health</a> <a title="Sustainability Report 2015 page 18" href="http://viewer.zmags.com/publication/c930833d?page=18"> Our number one priority Nothing is more importa</a> <a title="Sustainability Report 2015 page 19" href="http://viewer.zmags.com/publication/c930833d?page=19"> Safety Indicators Injury Frequency Rate IFR 14.0</a> <a title="Sustainability Report 2015 page 20" href="http://viewer.zmags.com/publication/c930833d?page=20"> Sustainability Report 2015 Safety and Health </a> <a title="Sustainability Report 2015 page 21" href="http://viewer.zmags.com/publication/c930833d?page=21"> Tenaris </a> <a title="Sustainability Report 2015 page 22" href="http://viewer.zmags.com/publication/c930833d?page=22"> Environment ] 86% of our employees </a> <a title="Sustainability Report 2015 page 23" href="http://viewer.zmags.com/publication/c930833d?page=23"> Environmental Indicators Steel Mills Energy Inten</a> <a title="Sustainability Report 2015 page 24" href="http://viewer.zmags.com/publication/c930833d?page=24"> Sustainability Report 2015 Environment Te</a> <a title="Sustainability Report 2015 page 25" href="http://viewer.zmags.com/publication/c930833d?page=25"> Environmental Indicators Tenaris recycled steel u</a> <a title="Sustainability Report 2015 page 26" href="http://viewer.zmags.com/publication/c930833d?page=26"> Sustainability Report 2015 Environment NO</a> <a title="Sustainability Report 2015 page 27" href="http://viewer.zmags.com/publication/c930833d?page=27"> Tenaris </a> <a title="Sustainability Report 2015 page 28" href="http://viewer.zmags.com/publication/c930833d?page=28"> Sustainability Report 2015 Environment Wa</a> <a title="Sustainability Report 2015 page 29" href="http://viewer.zmags.com/publication/c930833d?page=29"> 27 Innovation</a> <a title="Sustainability Report 2015 page 30" href="http://viewer.zmags.com/publication/c930833d?page=30"> Helping to transform the industry We operate a </a> <a title="Sustainability Report 2015 page 31" href="http://viewer.zmags.com/publication/c930833d?page=31"> Research and Development Tenaris </a> <a title="Sustainability Report 2015 page 32" href="http://viewer.zmags.com/publication/c930833d?page=32"> Sustainability Report 2015 Innovation We </a> <a title="Sustainability Report 2015 page 33" href="http://viewer.zmags.com/publication/c930833d?page=33"> Human Resources</a> <a title="Sustainability Report 2015 page 34" href="http://viewer.zmags.com/publication/c930833d?page=34"> More focused to weather the downturn Our employe</a> <a title="Sustainability Report 2015 page 35" href="http://viewer.zmags.com/publication/c930833d?page=35"> Human Resources Indicators Human Resources Indic</a> <a title="Sustainability Report 2015 page 36" href="http://viewer.zmags.com/publication/c930833d?page=36"> Sustainability Report 2015 Human Resources </a> <a title="Sustainability Report 2015 page 37" href="http://viewer.zmags.com/publication/c930833d?page=37"> Human Resources Indicators Tenaris </a> <a title="Sustainability Report 2015 page 38" href="http://viewer.zmags.com/publication/c930833d?page=38"> Sustainability Report 2015 Human Resources </a> <a title="Sustainability Report 2015 page 39" href="http://viewer.zmags.com/publication/c930833d?page=39"> Through the years, TenarisUniversity has incorpor</a> <a title="Sustainability Report 2015 page 40" href="http://viewer.zmags.com/publication/c930833d?page=40"> Sustainability Report 2015 Human Resources </a> <a title="Sustainability Report 2015 page 41" href="http://viewer.zmags.com/publication/c930833d?page=41"> 39 Community Development</a> <a title="Sustainability Report 2015 page 42" href="http://viewer.zmags.com/publication/c930833d?page=42"> Our community work follows the values and heritag</a> <a title="Sustainability Report 2015 page 43" href="http://viewer.zmags.com/publication/c930833d?page=43"> Community Indicators Tenaris </a> <a title="Sustainability Report 2015 page 44" href="http://viewer.zmags.com/publication/c930833d?page=44"> Sustainability Report 2015 Community Development </a> <a title="Sustainability Report 2015 page 45" href="http://viewer.zmags.com/publication/c930833d?page=45"> Community Indicators Community Indicators 43 </a> <a title="Sustainability Report 2015 page 46" href="http://viewer.zmags.com/publication/c930833d?page=46"> Sustainability Report 2015 Community Development </a> <a title="Sustainability Report 2015 page 47" href="http://viewer.zmags.com/publication/c930833d?page=47"> Tenaris Corporate Registered Offi</a> <a title="Sustainability Report 2015 page 48" href="http://viewer.zmags.com/publication/c930833d?page=48"> www.tenaris.com Jul</a> http://viewer.zmags.com/publication/c930833d#/c930833d/1