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Flowserve Corp

Common Name
Flowserve
Country
United States
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
16,000
Ticker
FLS
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Flowserve Corporation is a prominent player in the industrial equipment sector, specializing in the design, manufacture, and service of valves, pumps, and seals essential for fluid motion control. The...

Flowserve's GHG Emissions Data Preview

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)2024202320222021 - 2017
Total Scope 1
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a
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a
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a
0000000
Total Scope 2
Unspecified Calculation Method
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a
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a
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a
0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Flowserve’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Flowserve’s data sources below and access millions more through our Disclosure Search.

a. Flowserve's ESG Report 2024
a. Flowserve's ESG Report 2024
b. Flowserve's ESG Report 2020
b. Flowserve's ESG Report 2020

Insights into Flowserve's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofFlowserve amounted to69,555metric 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 Flowserveincreased by 1.18%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Flowserve's Scope 1 Emissions Over Time

20192020202120222023202404.5 k9 k13.5 k18 ktCO2e-7%+3%+9%-3%-1%
  • Total Scope 1
  • Year-over-Year Change

What are Flowserve's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Flowserve were 15,463 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Flowserve reduced its Scope 1 emissions over time?

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

What are Flowserve's Scope 2 emissions?

In 2024, Flowserve reported Scope 2 greenhouse gas (GHG) emissions of 54,092 tCOâ‚‚e without specifying the calculation method.a

Has Flowserve reduced its Scope 2 emissions over time?

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

What methodology does Flowserve use for Scope 2 reporting?

In 2024, Flowserve reported its Scope 2 emissions using an unspecified methodology.a

Flowserve's Scope 2 Emissions Over Time

201920202021202220232024020 k40 k60 k80 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Flowserve's Value Chain Emissions

In 2024, Flowserve reported 81,399,452 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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 10of 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

Flowserve's Scope 3 Emissions Over Time

20202021202220232024025 M50 M75 M100 MtCO2e-11%+210809%+25%0%
  • Total Scope 3
  • Year-over-Year Change

What are Flowserve's Scope 3 emissions?

In 2024, Flowserve reported total Scope 3 emissions of 81,399,452 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).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

What categories of Scope 3 emissions does Flowserve disclose?

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.

What are the main sources of Flowserve's Scope 3 emissions?

In 2024, the largest contributors to Flowserve's Scope 3 emissions were:a

  • Use of Sold Products (Cat. 11): 80,549,134 tCOâ‚‚e(98.96%)
  • Purchased Goods and Services (Cat. 1): 666,766 tCOâ‚‚e(0.82%)
  • Upstream Transportation and Distribution (Cat. 4): 47,636 tCOâ‚‚e(0.06%)

Flowserve's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(99.0%)

Insights into Flowserve’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Flowserve reported Scope 1 greenhouse gas (GHG) emissions of 15,463 tCOâ‚‚e and total revenues of USD 4,558 millions. This translates into an emissions intensity of 3.39 tCOâ‚‚e per millions USD.a

Flowserve's Scope 1 Emissions Intensity Compared to Peers

1,0005,00050,000200,0001,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)SChart IndustriesYear: 2024Scope 1: 19,844 tCO2eRevenue: $M 4,160Scope 1 Intensity: 4.77 tCO2e/$MParker-HannifinYear: 2024Scope 1: 128,862 tCO2eRevenue: $M 19,929Scope 1 Intensity: 6.47 tCO2e/$MEnproYear: 2024Scope 1: 11,394 tCO2eRevenue: $M 1,049Scope 1 Intensity: 10.86 tCO2e/$MRegal RexnordYear: 2024Scope 1: 61,149 tCO2eRevenue: $M 6,034Scope 1 Intensity: 10.13 tCO2e/$MKadantYear: 2024Scope 1: 30,384 tCO2eRevenue: $M 1,053Scope 1 Intensity: 28.84 tCO2e/$MAMETEKYear: 2024Scope 1: 29,700 tCO2eRevenue: $M 6,941Scope 1 Intensity: 4.28 tCO2e/$MGates IndustrialYear: 2024Scope 1: 106,200 tCO2eRevenue: $M 3,408Scope 1 Intensity: 31.16 tCO2e/$MIDEXYear: 2024Scope 1: 17,116 tCO2eRevenue: $M 3,269Scope 1 Intensity: 5.24 tCO2e/$MXylemYear: 2024Scope 1: 73,943 tCO2eRevenue: $M 8,562Scope 1 Intensity: 8.64 tCO2e/$MITTYear: 2024Scope 1: 19,052 tCO2eRevenue: $M 3,631Scope 1 Intensity: 5.25 tCO2e/$MMueller Water ProductsYear: 2024Scope 1: 23,312 tCO2eRevenue: $M 1,315Scope 1 Intensity: 17.73 tCO2e/$MIllinois Tool WorksYear: 2024Scope 1: 129,526 tCO2eRevenue: $M 15,898Scope 1 Intensity: 8.15 tCO2e/$MGenerac HoldingsYear: 2024Scope 1: 30,367 tCO2eRevenue: $M 4,296Scope 1 Intensity: 7.07 tCO2e/$MCumminsYear: 2024Scope 1: 347,439 tCO2eRevenue: $M 34,102Scope 1 Intensity: 10.19 tCO2e/$MIngersoll Rand IncYear: 2024Scope 1: 38,932 tCO2eRevenue: $M 7,235Scope 1 Intensity: 5.38 tCO2e/$MDonaldsonYear: 2024Scope 1: 23,536 tCO2eRevenue: $M 3,586Scope 1 Intensity: 6.56 tCO2e/$MGracoYear: 2024Scope 1: 15,131 tCO2eRevenue: $M 2,113Scope 1 Intensity: 7.16 tCO2e/$MNordsonYear: 2024Scope 1: 5,668 tCO2eRevenue: $M 2,690Scope 1 Intensity: 2.11 tCO2e/$MRockwell AutomationYear: 2024Scope 1: 26,604 tCO2eRevenue: $M 8,264Scope 1 Intensity: 3.22 tCO2e/$MSSStandex InternationalYear: 2024Scope 1: 87,170 tCO2eRevenue: $M 721Scope 1 Intensity: 120.96 tCO2e/$MMiddlebyYear: 2023Scope 1: 89,986 tCO2eRevenue: $M 4,037Scope 1 Intensity: 22.29 tCO2e/$MGE VernovaYear: 2024Scope 1: 226,811 tCO2eRevenue: $M 34,935Scope 1 Intensity: 6.49 tCO2e/$MCraneYear: 2024Scope 1: 8,490 tCO2eRevenue: $M 2,131Scope 1 Intensity: 3.98 tCO2e/$MA O SmithYear: 2019Scope 1: 71,824 tCO2eRevenue: $M 2,993Scope 1 Intensity: 24.00 tCO2e/$MFlowserveYear: 2024Scope 1: 15,463 tCO2eRevenue: $M 4,558Scope 1 Intensity: 3.39 tCO2e/$M

How does Flowserve's GHG emissions intensity compare to its peers?

In 2024, Flowserve reported a Scope 1 emissions intensity of 3.39 tCOâ‚‚e 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

Where does Flowserve rank on GHG emissions intensity within its industry?

In 2024, Flowserve ranked 3 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Flowserve among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into Flowserve's Total Carbon Footprint

In 2024, Flowserve reported a total carbon footprint of 81,469,007 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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

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