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 2023, 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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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Flowserve's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Flowserve amounted to 68,742 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Flowserve decreased by 3.75%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Flowserve's Scope 1 Emissions Over Time

20182019202020212022202304.5 k9 k13.5 k18 ktCO2e+3%-7%+3%+9%-3%
  • Total Scope 1
  • Year-over-Year Change

What are Flowserve's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Flowserve were 15,570 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Flowserve reduced its Scope 1 emissions over time?

Since 2018, Flowserve's Scope 1 emissions have increased by 2.6%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Flowserve's Scope 1 emissions decreased by 3.41%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Flowserve's Scope 2 emissions?

In 2023, Flowserve reported Scope 2 greenhouse gas (GHG) emissions of 53,172 tCOâ‚‚e without specifying the calculation method.

Has Flowserve reduced its Scope 2 emissions over time?

Since 2018, Flowserve's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 40.06%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), 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.

What methodology does Flowserve use for Scope 2 reporting?

In 2023, Flowserve reported its Scope 2 emissions using an unspecified methodology.

Flowserve's Scope 2 Emissions Over Time

201820192020202120222023025 k50 k75 k100 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Flowserve's Value Chain Emissions

In 2023, Flowserve reported 81,764,525 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Flowserve includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, up from 8 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Flowserve's Scope 3 Emissions Over Time

2020202120222023025 M50 M75 M100 MtCO2e-11%+210809%+25%
  • Total Scope 3
  • Year-over-Year Change

What are Flowserve's Scope 3 emissions?

In 2023, Flowserve reported total Scope 3 emissions of 81,764,525 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 0.86% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.14% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2022), Flowserve's Scope 3 emissions increased by 25.19%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Flowserve disclose?

In 2023, Flowserve reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.

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 2023, the largest contributors to Flowserve's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 81,061,398 tCOâ‚‚e (99.14%)
  • Purchased Goods and Services (Cat. 1): 540,437 tCOâ‚‚e (0.66%)
  • Upstream Transportation and Distribution (Cat. 4): 45,732 tCOâ‚‚e (0.06%)

Flowserve's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(99.1%)

Insights into Flowserve's Total Carbon Footprint

In 2023, Flowserve reported a total carbon footprint of 81,833,267 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 25.16% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Flowserve's total carbon footprint was Scope 3 emissions, accounting for 99.92% of the company's total carbon footprint, followed by Scope 2 emissions at 0.06%.

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