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Our Sustainability Strategy

“We set an ambitious target to reduce carbon emission intensity by 40% by the year 2030.”

Flowserve Corporation President and Chief Executive Officer, Scott Rowe
Scott Rowe, President & CEO

“We set an ambitious target to reduce carbon emission intensity by 40% by the year 2030.”

Around the world, Flowserve associates are guided by our purpose to create extraordinary flow control solutions that make the planet better for everyone. One of the ways we strive to make the world a better place is through our commitments to environmental, social and governance (ESG) issues — in our own operations as well as in the operations of our customers who rely on our products.

Since launching the Flowserve 2.0 Transformation program in 2018, we have continued to build on our momentum and have made lasting changes to the ways Flowserve does business, particularly in the three pillars of our sustainability program: Planet, People and Operational Excellence. In 2019, we introduced several key initiatives that made positive impacts on our business, our customers and the communities we serve, including the:

  • Continued commitments to safety and integrity through our annual Safety Week and Integrity Week
  • Launch of our Zero Defect Program (ZDP), which enables us to take greater ownership and address, track and improve the quality of our products and services
  • Launch of our new community impact program, Flowserve Cares
  • Implementation of Lean Six Sigma manufacturing improvement practices
  • Launch of a targeted development program to strengthen the operational capabilities and business acumen of our plant managers

We are committed to helping create a better world for everyone not only by the daily actions we take at Flowserve, but also by providing unparalleled products and services. Our products and services are used in applications globally to address key environmental and social issues, such as:

  • Flare gas recovery to reduce methane emissions and increase process energy efficiency
  • Seawater desalination plants for cost-effective access to fresh water
  • Carbon capture, utilization and storage to reduce industrial carbon intensity
  • Process maintenance and services to maximize service life, reduce waste, and employ local workers

Our progress in 2019 was the result of our unwavering commitment to our core values and dedication to exceeding customer and stakeholder expectations.

In 2021 and beyond, we will continue to drive improvements on ESG matters, even against the backdrop of unexpected and unprecedented challenges, including the COVID-19 pandemic. Below are just a few highlights of the actions we are taking in 2021:

  • We set an ambitious target to reduce carbon emission intensity by 40% by the year 2030.
  • We signed the WASH Pledge, in which we commit to implementing access to safe water sanitation and hygiene at our facilities, and encourage our supply chain and communities to do the same.
  • Through financial support and volunteerism efforts, we focused on social justice and change in the communities where our employees live and work; as well as continuing to foster an environment that values equality and inclusion for all associates.
  • Through Flowserve Cares, we partnered with local organizations to help communities impacted by COVID-19.

While there is no doubt that a lot of work remains to be done as we continue to address the complex ESG issues facing Flowserve, we are excited about the future as we continue to build a collective culture of accountability, respect and trust as the foundation to drive sustainable improvements today and for generations to come.

Scott Rowe
President and Chief Executive Officer
Flowserve Corporation