Flowserve
Flowserve Corporation, headquartered in the United States, is a leading provider of fluid motion and control products and services. Founded in 1997, the company has established a strong presence in key operational regions, including North America, Europe, and Asia. Flowserve operates primarily within the industrial manufacturing sector, specialising in pumps, valves, seals, and related services. Renowned for its innovative solutions, Flowserve's core offerings are designed to enhance efficiency and reliability in critical applications across various industries, including oil and gas, power generation, and water management. The company has achieved notable milestones, positioning itself as a trusted partner in the global market. With a commitment to quality and sustainability, Flowserve continues to set industry standards, making it a prominent player in fluid management technology.
DitchCarbon Score
How does Flowserve's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Machinery and Equipment industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Flowserve's score of 37 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Flowserve's reported carbon emissions
In 2023, Flowserve reported total carbon emissions of approximately 68,741,000 kg CO2e, comprising 15,570,000 kg CO2e from Scope 1, 53,172,000 kg CO2e from Scope 2, and a significant 81,764,525,000 kg CO2e from Scope 3 emissions. This reflects a commitment to transparency in their emissions reporting, covering all three scopes. Over the years, Flowserve has demonstrated a focus on reducing its carbon intensity. For instance, in 2022, the company achieved a Scope 1 and 2 carbon intensity of 0.0198 kg CO2e per USD of revenue, down from 0.0225 kg CO2e in 2021. This indicates a positive trend towards lowering emissions relative to revenue. Despite these efforts, Flowserve has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of formal reduction targets suggests that while the company is actively monitoring and reporting its emissions, it may still be in the early stages of establishing comprehensive climate commitments. Overall, Flowserve's emissions data highlights its ongoing efforts to manage carbon emissions, with a clear focus on improving efficiency and reducing carbon intensity in its operations.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 15,399,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 78,256,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 00,000,000 | 00,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Flowserve is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
