In 2024, Flowserve completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Flowserve has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of Flowserve amounted to 69,555 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Flowserve increased by 1.18%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Flowserve were 15,463 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Flowserve's Scope 1 emissions have remained relatively, stable, indicating that Flowserve's emissions have plateaued with no significant change in its operational footprint.ab
Compared to the previous year (2023), Flowserve's Scope 1 emissions remained relatively stable, indicating that Flowserve's emissions have plateaued with no significant change in its operational footprint.a
In 2024, Flowserve reported Scope 2 greenhouse gas (GHG) emissions of 54,092 tCO₂e without specifying the calculation method.a
Since 2019, Flowserve's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 30.84%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Flowserve's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Flowserve's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Flowserve reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Flowserve reported 81,399,452 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Flowserve includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Flowserve reported total Scope 3 emissions of 81,399,452 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 1.04% of these emissions originated from upstream activities such as purchased goods and capital goods, while 98.96% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Flowserve's Scope 3 emissions remained relatively stable, indicating that Flowserve's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Flowserve reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2024, the largest contributors to Flowserve's Scope 3 emissions were:a
In 2024, Flowserve reported Scope 1 greenhouse gas (GHG) emissions of 15,463 tCO₂e and total revenues of USD 4,558 millions. This translates into an emissions intensity of 3.39 tCO₂e per millions USD.a
In 2024, Flowserve reported a Scope 1 emissions intensity of 3.39 tCO₂e per millions USD. Compared to the peer group median of 7.11, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Flowserve ranked 3 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Flowserve among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, Flowserve reported a total carbon footprint of 81,469,007 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.45% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Flowserve's total carbon footprint was Scope 3 emissions, accounting for 99.91% of the company's total carbon footprint, followed by Scope 2 emissions at 0.07%.a