Corporate Sustainability
2020 ESG Report Cover

Our approach

Flowserve is committed to our purpose of making the world better, together. We will continue to adapt, innovate and deliver for current and future generations by addressing environmental, social and governance (ESG) areas through our sustainability program. Our sustainability program has three key objectives: valuing our people, protecting the planet, and promoting operational excellence. Learn more about our program here.

 

View the 2020 ESG Report
View the 2020 ESG Report Executive Summary

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Scott Rowe, CEO

“Whether it’s through enhancing the safety of our operations, reducing our environmental footprint, enabling energy transition, or making a difference through our community impact program, Flowserve Cares, we are purposeful about sustainability.”
— Scott Rowe
President and CEO

Read the full leadership message

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Our commitments

In 2020, we set an ambitious target to reduce carbon emission intensity by 40% by 2030, using 2015 as a baseline. We also signed the WASH Pledge, committing to implement access to safe water, sanitation and hygiene in all of our facilities and to encourage our supply chain and communities to do the same.

Flowserve is in alignment with the United Nations’ Sustainable Development Goals (SDG) to end poverty, protect the planet, and improve the lives and prospects of the global population. Our operating practices and flow control products directly contribute to achieving select SDGs, including (6) Clean Water and Sanitation, (7) Affordable and Clean Energy, (12) Responsible Consumption and Production, (13) Climate Action and (16) Peace, Justice and Strong Institutions.

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Summary
Environment

Our Progress

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Environment

Flowserve is committed to reducing the company’s environmental footprint and delivering environmentally responsible solutions that help customers meet their own sustainability goals. We do this by providing our customers with innovative and high-quality products that enable energy transition by reducing emissions, minimizing leaks, and enhancing efficiency. Our customers have and continue to use our products around the world in the development of carbon capture technology, concentrated solar power projects and flare gas recovery. Read our 2020 ESG Report to learn how we are focusing forward for a more sustainable future. 

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Operational excellence

Our people are at the heart of Flowserve and provide vital flow control products and services to keep the world running. Our TargetZero program unifies our goals and initiatives to further drive operational excellence and continuous improvement across Flowserve.

TargetZero focuses on increasing awareness and operational improvements in the areas of accidents, defects, delays, emissions and waste. It offers a comprehensive approach to enhance the impact of our safety, quality, supply chain and environmental efforts to deliver unmatched value to our customers and supplier partners.

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Integrity & compliance

Our values guide the actions we take every day and ensure we conduct business in an honest, ethical and transparent manner. Together, we’ve built a culture of integrity – where our people not only have the tools to make the right decisions but where they feel comfortable speaking up when they are faced with ethical challenges. View information about our Integrity & Compliance Program here.

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Diversity, equity and inclusion

Embracing differences is a core aspect of our People value at Flowserve. Our diversity of thought, perspectives and backgrounds enables us to leverage our differences to solve problems, introduce product innovation, and share knowledge. Building an inclusive mindset allows us to influence positive change around the world. Learn more about our values and culture here.

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Community engagement

Protecting and giving back to the communities where we do business is an important part of our philosophy at Flowserve.

Flowserve Cares is our community impact program that takes a global approach to the way we serve our communities, including through monetary donations, in-kind contributions and volunteerism supporting local organizations in the communities where our employees and customers live and work.

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Protecting the Planet

Flowserve’s environmental goals are aimed to increase energy efficiency, reduce carbon emissions, conserve water and eliminate waste in our operations.

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Valuing Our People

Flowserve is committed to fostering diversity, equity and inclusion as well prioritizing the health, wellness and safety of more than 17,000 associates worldwide.

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Promoting Operational Excellence

Flowserve strives to deliver unmatched value to our customers and supplier partners through operational excellence, continuous improvement and innovation.

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